Fortuna intersects 17.2 g/t Au over 30m at Sunbird Prospect, Séguéla, Cote d’Ivoire and 17.9 g/t Au over 5.4m at Galgouli Prospect, Boussoura, Burkina Faso
Fortuna intersects 17.2 g/t Au over 30m at Sunbird Prospect, Séguéla, Cote d’Ivoire
and 17.9 g/t Au over 5.4m at Galgouli Prospect, Boussoura, Burkina Faso
Vancouver, September 7, 2021-- Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce
continued high-grade results from recent extension and scout drilling at its projects in Cote d’Ivoire and
Burkina Faso in West Africa.
Paul Weedon, Vice President of Exploration - West Africa, commented, "The exploration teams at Burkina
Faso and Cote d’Ivoire have continued to advance the exploration understanding of key structures and
controls on mineralization in both the Sunbird and Galgouli projects with excellent results highlighting the
potential for setting up several new targets and extensions to the known deposits at Séguéla and
mineralization at Boussoura.” Mr. Weedon continued, “The company is looking forward to the continued
growth from both projects as we head into the second half of the year, with Gabbro North and Sunbird
emphasising the potential of Séguéla, and the continuing success of scout drilling at Boussoura in
expanding the mineralized footprint.”
Séguéla drill highlights1 include:
Sunbird
• SGDD089: 17.2 g/t Au over 30 meters from 142 meters
• SGDD087: 2.9 g/t Au over 20 meters from 110 meters
• SGRC1306: 2.7 g/t Au over 12 meters from 63 meters
Koula
• SGRD1217: 28.8 g/t Au over 7 meters from 80 meters (Hanging wall lode)
• SGRD1209: 19.8 g/t Au over 11 meters from 124 meters, including 83.3 g/t Au over
3 meters from 128 meters (Hanging wall lode)
• SGDD085: 6.1 g/t Au over 18 meters from 246 meters (Central lode)
Gabbro North
• SGRC1236: 23.0 g/t Au over 4 meters from 109 meters, and 9.2 g/t Au over 5 meters
from 117 meters
• SGRC1239: 2.5 g/t Au over 5 meters from 17 meters
Boussoura drill highlights1 include:
Fofora Scout Drilling
• FFR259: 6.5 g/t Au over 6 meters from 35 meters (VC4)
• FFR264: 5.2 g/t Au over 6 meters from 94 meters (VC4)
• RC125: 12.9 g/t Au over 5 meters from 24 meters and 2.5 g/t Au over 7 meters from
57 meters (VC1)
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Fofora Main Drilling
• FFR272: 6.7 g/t Au over 4 meters from 127 meters and 9.9 g/t Au over 8 meters from
136 meters
• FFR270: 1.0 g/t Au over 27 meters from 40 meters, 11.4 g/t Au over 3 meters from
141 meters, and 1.5 g/t Au over 10 meters from 197 meters
Galgouli Central
• GAL055: 17.9 g/t Au over 5.4 meters from 232.2 meters, including 87.4 g/t Au over
0.95 meters from 235.05 meters
• GAL065: 6.6 g/t Au over 4.8 meters from 253.2 meters, including 58.9 g/t Au over
0.5 meters from 255.65 meters
Galgouli Regional
• RC096: 22.2 g/t Au over 2 meters from 100 meters
• RC077: 18.1 g/t Au over 1 meter from 44 meters and 7.8g/t Au over 2 meters from
53 meters
Note:
1. All intervals are down hole lengths which represent approximately 70% true width
Séguéla gold Project, Cote d’Ivoire
Exploration activities at the Séguéla gold Project (see Figure 1) have continued to advance the high-grade
Koula deposit with step -out drilling intersecting a new zone of hanging wall mineralization as well as
infilling the extension of the high-grade Koula structure. The combined 7,115-meter, 24-hole Hanging Wall
(HW) and Main Zone program, which started in April 2021 is now completed. The significance of the
results, including 28.8 g/t gold over 7 meters (refer to the Appendix, drill hole SGRD1217) and 19.8 g/t gold
over 11 meters (refer to the Appendix, drill hole SGRD1209 and to Figure 2) and the proximity to the Stage
Two Pit Shell are being evaluated. Mineralization remains open at depth on the main Koula structure while
the hanging wall mineralization highlights the potential for additional structures at depth.
Depth extension drilling at Sunbird, as part of the recently completed 1,774 meter, 11-hole program which
started in May 2021, has extended the mineralized envelope . R esults including 17.2 g/t gold over
30 meters ( refer to the Appendix, drill hole SGDD089) and 3.2 g/t gold over 28 metres ( refer to the
Appendix, drill hole SGDD088) highlight the depth potential with the deepest drilling less than 200 meters
below surface (refer to Figure 3). In addition, Sunbird is demonstrating very similar structural and
lithological controls to those identified at the Koula and Ancien deposits. Mineralization remains open at
depth and along strike with more than 1 kilometer of mineralized strike drill tested to date.
Further high -grade results, including 23.0 g/t gold over 4 meters ( refer to the Appendix, drill hole
SGRC1236), have been returned from the 14 -hole, 2,070 -meter additional scout drilling program
completed in August at Gabbro North (refer to Figure 4), following up from previous high -grade results
intersected in the first scout drilling phase in the second quarter of 2021. Drilling only tested the southern
zone of known mineralization with mineralization now delineated along a 300-meter strike and where it
remains open along strike and at depth.
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Figure 1. Séguéla deposits and satellite prospects
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Figure 2. Koula long section with recent assay results
Figure 3. Sunbird long section with recent assay results
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Figure 4. Gabbro North long section with recent assay results
Boussoura, Burkina Faso
Exploration activities at Boussoura where a 47 -hole, 5,958-meter program since March 2021 has
continued to advance Fofora Main where infill and extension drilling has increased the confidence in the
structural controls of mineralization, with several additional high -grade intervals returned, including
9.9 g/t gold over 8 meters (refer to the Appendix, drill hole FFR272). Sc out drilling at the adjacent vein
corridors to the west continues to highlight the regional potential, with drilling on vein corridors VC4 and
VC5 intersecting extensive zones of alteration and associated quartz veining and mineralization.
Further south at Galgouli, a 12-hole, 3,419-meter program depth extension drilling on the central zone
testing the structural controls and concluded in July was successful in identifying extensions to the high-
grade shoots at depth with results including 17.9 g/t gold over 5.4 meters (refer to the Appendix, drill hole
GAL055). A 32-hole, 4,022-meter scout drilling program was also successful in identifying high -grade
mineralization approximately 1 kilometer to the south and south-east of the central Galgouli zone, testing
interpreted parallel structures (10.9 g/t gold over 2 meters; refer to the Appendix, drill hole RC098) and a
possible regional scale cross -structure (22 .2 g/t gold over 2 meters ; refer to the Appendix, drill hole
RC096). A total of 44 holes have been completed for a total of 7,444 meters since April 2021.
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Figure 5. Boussoura Project location on Houndé Belt, Burkina Faso (Roxgold August 2021)
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Figure 6. Fofora plan view with recent results (All grades represent grams per tonne gold)
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Figure 7. Galgouli plan view with recent results for Galgouli Central and scout drilling (All grades represent grams
per tonne gold)
Quality Assurance & Quality Control (QA-QC)
All drilling data completed by the Company utilized the following procedures and methodologies. All
drilling was carried out under the supervision of the company’s personnel.
All RC drilling at Séguéla and Boussoura used a 5.25-inch face sampling pneumatic hammer with samples
collected into 60-liter plastic bags. Samples were kept dry by maintaining enough air pressure to exclude
groundwater inflow. If water ingress exceeded the air pressure, RC drilling was stopped, and dri lling
converted to diamond core tails. Once collected, RC samples were riffle split through a three-tier splitter