Fortuna Mining (FSM) Boosts Diamba Sud Resources by 53% Ahead of Q4 Preliminary Economic Assessment

Fortuna Mining Corp. (NYSE:FSM) He is One of the best Canadian golden stocks for purchase according to hedge funds. On August 5, the company reported an estimate of updated metal resources for the Diamba Sud Gold project in Senegal as of July 7, 2025.

In the update, the aforementioned metal resources were 14.2 million tons of gold 1.59 g/ton, which contains 724,000 ounces. This is a 53 % increase from the previous resource estimate at the end of 2024. Meanwhile, the Bedged metal resources were 6.2 million tons of gold 1.44 g/ton, which contains 285,000 ounces. This reflects a 93 % increase in ounces extracted since the last estimate.

The update includes resource estimates for the first time for southern deposits (194,000 ounces of the African Union) and Moungoundi (31,000 Euphias of the African Union), which has a total of 225,000 ounces of the African Union through seven deposits. The company stated that the updated numbers depend on drilling from July 2024 to July 2025, which includes 243 reverse circulatory drilling holes with a total of 31,652 meters.

Fortuna Mining stated that she is actively working on a preliminary economic evaluation (PEA) of Diaba Sud, with its completion for the fourth quarter of 2025. Diaba Sud ownership covers about 5340 hectares worldwide from all over the world.

Fortuna Mining Corp. (NYSE: FSM) is a Canadian mining company. It acquires, develops and manages gold and silver properties throughout Latin America and West Africa, in the first place through the Linder Gold Mine mine in Argentina, the Séguéla Gold mine in Côte d’Ivoire, and the San Jose Silver-Gold mine in Mexico. Its main products are gold bars and silver concentration, extracted from open mining and underground mining operations.

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Detection: Nothing. This article was originally published in A monkey from the inside.