Fortuna Approves 30% Capacity Expansion of the Séguéla Gold Mine in Côte d’Ivoire

Fortuna Mining Corp. has approved a $109 million expansion of its Séguéla Gold Mine in Côte d'Ivoire, which will increase processing capacity by 30% from 1.75 Mtpa to 2.3 Mtpa and improve gold recovery to 94.5%. The expansion, including development of the Sunbird underground mine, is expected to support average annual gold production of over 200,000 ounces with a 2.5-year payback period, advancing the company's goal of reaching 500,000 ounces of annual production by 2028.