Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to provide an update on its exploration programs at the Diamba Sud Gold Project in Senegal.

Diamba Sud Gold Project exploration highlights

Paul Weedon, Senior Vice President of Exploration at Fortuna, commented, “The exploration focus at Diamba Sud has turned to testing and expanding some of the previously lightly drilled anomalies, with Western Splay rapidly emerging as the next potential prospect. Encouraging results such as 6.9 g/t Au over an estimated true width of 33.3 meters from 115.4 meters in drill hole DSDD293, and 8.9 g/t Au over an estimated true width of 27.7 meters from 104 meters in drill hole DSR680 highlight the potential.”

Western Splay Prospect drilling highlights include:

DSDD293: 6.9 g/t Au32.4 g/t Au over an estimated true width of 33.3 meters from 115.4 meters, including over an estimated true width of 3.9 meters from 127.1 meters
DSDD301: 5.9 g/t Au over an estimated true width of 8.9 meters from 107 meters
DSDD314: 3.8 g/t Au over an estimated true width of 14.9 meters from 59 meters
DSDD315: 4.0 g/t Au over an estimated true width of 14.1 meters from 145 meters
DSDD335: 5.7 g/t Au over an estimated true width of 11.9 meters from 29 meters
DSR402: 3.8 g/t Au over an estimated true width of 23.8 meters from 204.2 meters
DSR680: 8.9 g/t Au over an estimated true width of 27.7 meters from 104 meters

Karakara Prospect drilling highlights include:

DSDD300: 8.8 g/t Au34.3 g/t Au over an estimated true width of 6.4 meters from 70 meters, including over an estimated true width of 1.6 meters from 74 meters
DSDD331: 5.3 g/t Au16.2 g/t Au over an estimated true width of 9.6 meters from 93 meters, including over an estimated true width of 2.4 meters from 96 meters
DSR749: 4.9 g/t Au over an estimated true width of 12.8 meters from 21 meters

Exploration activities at Diamba Sud concluded in July for the season with a further 13,319 meters drilled totaling 95 drill holes. The focus of the recent program has been to expand the extent of the Western Splay and Kassasoko prospects, as well as testing the margins of the Bougouda and Karakara prospects (refer to Figure 1). Recent results from Western Splay (refer to Figure 2) have highlighted the potential for this prospect to continue to grow as the mineralization remains open along strike and at depth.

A detailed review of the overall geological model to further advance the understanding of the mineralization controls was completed in July, improving the understanding of the relationships and linkages between the different prospects, including the nearby Moungoundi and Kassasoko prospects. This revised geological model has identified several additional targets for testing across the property.

Results from this program will be incorporated into the ongoing project development work, with the encouraging results from Western Splay and Kassasoko expected to contribute toward growing the project portfolio and resource base, while also improving confidence in the regional geological understanding.

Figure 1: Diamba Sud Project location plan

Figure 2: Western Splay Prospect cross-section showing select results - looking north

Refer to Appendix 1 for full details of the drill holes and assay results for this drill program at the Diamba Sud Gold Project.

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 reverse circulation (RC) drilling 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 drilling converted to diamond core tails. Once collected, RC samples were riffle split through a three-tier splitter to yield a 12.5% representative sample for submission to the analytical laboratory. The residual 87.5% samples were stored at the drill site until assay results were received and validated. Coarse reject samples for all mineralized samples corresponding to significant intervals are retained and stored on-site at the Company-controlled core yard.

All diamond drilling (DD) drill holes started with HQ sized diameter, before reducing to NQ diameter diamond drill bits on intersecting fresh rock. The core was logged, marked up for sampling using standard lengths of one meter or to a geological boundary. Samples were then cut into equal halves using a diamond saw. One half of the core was left in the original core box and stored in a secure location at the Company core yard at the project site. The other half was sampled, catalogued, and placed into sealed bags and securely stored at the site until shipment.

All RC and DD samples were transported to ALS’s preparation laboratory in Kedougou, Senegal before also being transported via commercial courier, to ALS’s facility in Ouagadougou, Burkina Faso. Routine gold analysis using a 50-gram charge and fire assay with an atomic absorption finish was completed for all samples. Quality control procedures included the systematic insertion of blanks, duplicates and sample standards into the sample stream. In addition, the ALS laboratory inserted its own quality control samples.

Qualified Person

Paul Weedon, Senior Vice President of Exploration for Fortuna Mining Corp., is a Qualified Person as defined by National Instrument 43-101, being a member of the Australian Institute of Geoscientists (Membership #6001). Mr. Weedon has reviewed and approved the scientific and technical information contained in this news release. Mr. Weedon has verified the data disclosed, including the sampling, analytical and test data underlying the information or opinions contained herein by reviewing geochemical and geological databases and reviewing diamond drill core. There were no limitations to the verification process.

About Fortuna Mining Corp.

Fortuna Mining Corp. is a Canadian precious metals mining company with five operating mines in Argentina, Burkina Faso, Côte d'Ivoire, Mexico, and Peru, as well as the preliminary economic assessment stage Diamba Sud Gold Project located in Senegal. Sustainability is integral to all our operations and relationships. We produce gold and silver and generate shared value over the long-term for our stakeholders through efficient production, environmental protection, and social responsibility. For more information, please visit our website.

ON BEHALF OF THE BOARD

Jorge A. Ganoza President, CEO, and DirectorFortuna Mining Corp.

Investor Relations: Carlos Baca | info@fmcmail.com | fortunamining.com | X | LinkedIn | YouTube

Forward-looking Statements

This news release contains forward-looking statements which constitute “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 (collectively, “Forward-looking Statements”). All statements included herein, other than statements of historical fact, are Forward-looking Statements and are subject to a variety of known and unknown risks and uncertainties which could cause actual events or results to differ materially from those reflected in the Forward-looking Statements. The Forward-looking Statements in this news release include, without limitation, statements about the potential of the Diamba Sud Gold Project based on the exploration results at the Western Splay and Kassasoko prospects, statements relating to the potential to progress the satellite opportunities at the Diamba Sud Gold Project; statements about the revised geological model identifying several additional targets for testing across the property; the Company’s objectives for the drill program conducted at the Diamba Sud Gold Project in 2024 and expectations regarding the revised geological model and the development of the project; the Company’s business strategy, plans and outlook; the merit of the Company’s mines and mineral properties; mineral resource and reserve estimates; timelines; the future financial or operating performance of the Company; expenditures; approvals and other matters. Often, but not always, these Forward-looking Statements can be identified by the use of words such as “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”, “containing”, “remaining”, “to be”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations. Forward-looking Statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or achievements expressed or implied by the Forward-looking Statements. Such uncertainties and factors include, among others, changes in general economic conditions and financial markets; changes in prices for gold, silver, and other metals; the timing and success of the Company’s proposed exploration programs; technological and operational hazards in Fortuna’s mining and mine development activities; risks inherent in mineral exploration; fluctuations in prices for energy, labour, materials, supplies and services; fluctuations in currencies; uncertainties inherent in the estimation of mineral reserves, mineral resources, and metal recoveries; the possibility that the appeal in respect of the ruling in favor of Compañia Minera Cuzcatlan S.A. de C.V. reinstating the environmental impact authorization at the San Jose Mine (the “EIA”) will be successful; the Company’s ability to obtain all necessary permits, licenses and regulatory approvals in a timely manner; governmental and other approvals; political unrest or instability in countries where Fortuna is active; labor relations issues; as well as those factors discussed under “Risk Factors” in the Company's Annual Information Form for the financial year ended December 31, 2023. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in Forward-looking Statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking Statements contained herein are based on the assumptions, beliefs, expectations and opinions of management, including but not limited to expectations regarding the results from the exploration programs conducted at the Company’s mineral properties including the Diamba Sud Gold Project; expected trends in mineral prices and currency exchange rates; the accuracy of the Company’s information derived from its exploration programs at the Company’s mineral properties; current mineral resource and reserve estimates; the presence and continuity of mineralization at the Company’s properties; that the Company’s activities will be in accordance with the Company’s public statements and stated goals; that there will be no material adverse change affecting the Company or its properties; that the appeal filed in the Mexican Collegiate Court challenging the reinstatement of the EIA will be unsuccessful; that all required approvals will be obtained; that there will be no significant disruptions affecting operations and such other assumptions as set out herein. Forward-looking Statements are made as of the date hereof and the Company disclaims any obligation to update any Forward-looking Statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that Forward-looking Statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on Forward-looking Statements.

Cautionary Note to United States Investors Concerning Estimates of Reserves and Resources

Reserve and resource estimates included in this news release have been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") and the Canadian Institute of Mining, Metallurgy, and Petroleum Definition Standards on Mineral Resources and Mineral Reserves. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for public disclosure by a Canadian company of scientific and technical information concerning mineral projects. Unless otherwise indicated, all mineral reserve and mineral resource estimates contained in the technical disclosure have been prepared in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Reserves. Canadian standards, including NI 43-101, differ significantly from the requirements of the Securities and Exchange Commission, and mineral reserve and resource information included in this news release may not be comparable to similar information disclosed by U.S. companies.

Appendix 1 - Diamba Sud

Hole ID Easting(WGS84_29N) Northing(WGS84_29N) Elev(m) EOHDepth(m) UTMAzimuth Dip DepthFrom(m) DepthTo(m) DrilledWidth(m) ETW(m) Au(ppm) Hole Type Area
DSDD276 231738 1428059 149 239 347.31 -49.17 NSI         DD Karakara
DSDD298 231645 1428222 153 86 272.65 -49.5 52 56 4 3.2 1.8 DD Karakara
              60 61 1 0.8 5.7 DD Karakara
DSDD300 231685 1428220 152 101 87.6 -54.53 23 32 9 7.2 0.8 DD Karakara
              70 78 8 6.4 8.8 DD Karakara
            Inc 74 76 2 1.6 34.3 DD Karakara
DSDD302 231690 1428248 153 95 274.13 -53.65 13 21 8 6.4 0.9 DD Karakara
DSDD304 231730 1428258 151 113 268.41 -53.54 94 101 7 5.6 1.7 DD Karakara
DSDD306 231649 1428243 152 92 271.68 -49.33 NSI         DD Karakara
DSDD308 231919 1428350 154 149 271.28 -57.99 63 71 8 6.4 1.1 DD Karakara
              75 78 3   2.2 DD Karakara
DSDD328 231884 1428247 151 208 270.56 -60.19 NSI         DD Karakara
DSDD329 231914 1428403 155 164 271.36 -60.2 93 102 9 7.2 0.9 DD Karakara
DSDD330 231637 1428097 152 155 340.15 -50.66 116 128 12 9.6 0.9 DD Karakara
DSDD331 231870 1428430 155 152 270.18 -60.72 93 105 12 9.6 5.3 DD Karakara
DSDD331           Incl. 96 99 3 2.4 16.2 DD Karakara
DSDD334 231580 1428115 152 68 337.42 -51.01 14 22 8 6.4 1.7 DD Karakara
DSDD334             28 33 5 4.0 1.7 DD Karakara
DSDD336 231941 1428265 150 192 271.43 -55.21 85 91 6 4.8 2.4 DD Karakara
DSDD336             134 148 14 11.2 1.1 DD Karakara
DSDD341 231920 1428173 146 185 270.63 -51.39 NSI         DD Karakara
DSR747 231699 1428276 153 96 271.12 -60.51 29 34 5 4.0 7.5 RC Karakara
            Inc 30 32 2 1.6 14.9   Karakara
DSR748 231862 1428174 149 100 271.6 -56.06 7 12 5 4.0 4.3 RC Karakara
              25 30 5 4.0 1.3   Karakara
DSR749 231632 1428121 152 120 341.91 -50.93 21 37 16 12.8 4.9 RC Karakara
            Inc 22 23 1 0.8 19.2   Karakara
            Inc 26 27 1 0.8 17.6   Karakara
            Inc 34 35 1 0.8 14.8   Karakara
              101 109 8 6.4 6.7   Karakara
            Inc 102 103 1 0.8 13.1   Karakara
            Inc 106 107 1 0.8 29.2   Karakara
DSR750 231599 1428102 150 150 341.33 -51.33 62 70 8 6.4 4.1 RC Karakara
DSR751 231523 1428207 155 126 160.4 -49.33 NSI         RC Karakara
DSDD287 231246 1426227 146 179 310.94 -48.3 148 156 8 7.9 2.1 DD Western Splay
            Inc 151.15 152 0.85 0.8 10.3   Western Splay
DSDD289 231263 1426278 146 173 308.64 -49.7 NSI         DD Western Splay
                          Western Splay
DSDD293 231186 1426304 146 180 89.7 -49.22 115.4 149 33.6 33.3 6.9 DD Western Splay
            Inc 127.1 131 3.9 3.9 32.4   Western Splay
              131.6 132.25 0.65 0.6 13.6   Western Splay
              133 134 1 1.0 11.1   Western Splay
              147 148 1 1.0 10.1   Western Splay
DSDD297 231188 1426329 147 221 88.65 -50.18 138 153 15 14.9 2.8 DD Western Splay
            Inc 140 141 1 1.0 12.4   Western Splay
            Inc 152 153 1 1.0 11.2   Western Splay
DSDD301 231009 1426282 146 175 87.6 -54.53 33 49 16 15.8 1.4 DD Western Splay
              107 116 9 8.9 5.9   Western Splay
            Inc 108 109 1 1.0 12.3   Western Splay
DSDD305 231070 1426284 145 143 90.43 -50.69 22.5 33 10.5 10.4 1.2 DD Western Splay
DSDD309 230963 1426276 146 195 90.07 -55.97 NSI         DD Western Splay
DSDD312 230952 1426309 145 143 90 -55 92.5 93.2 0.7 0.7 42.1 DD Western Splay
DSDD314 230993 1426252 145 149 89.15 -49.74 59 74 15 14.9 3.8 DD Western Splay
            Inc 71 72 1 1.0 42.5   Western Splay
DSDD315 231159 1426300 147 183 89.52 -50.72 74 75 1 1.0 7.4 DD Western Splay
              145 159.2 14.2 14.1 4.0   Western Splay
DSDD332 231080 1426234 145 164 91.30 -50.86 NSI         DD Western Splay
DSDD333 231027 1426224 145 125.00 88.66 -50.44 40.2 42 1.8 1.8 4.3 DD Western Splay
DSDD335 231109 1426186 145 119 87.59 -49.2 29 41 12 11.9 5.7 DD Western Splay
DSDD335           Incl. 32 35 3 3.0 18.8 DD Western Splay
DSDD337 231092 1426213 145 134 89.68 -53.73 36 49 13 12.9 1.1 DD Western Splay
DSDD338 231102 1426226 145 116 94.23 -49.51 41 44 3 3.0 3.0 DD Western Splay
              49 56 7 6.9 4.6 DD Western Splay
            Incl. 49 50 1 1.0 11.3 DD Western Splay
            Incl. 52 53 1 1.0 11.3 DD Western Splay
DSDD339 231146 1426255 145 206.00 94.29 -49.96 152 158 6 5.9 4.6 DD Western Splay
DSDD340 231177 1426256 146 206.00 93.59 -49.33 NSI         DD Western Splay
DSDD342 231068 1426185 145 172 91.66 -49.64 166 168 2 2.0 24.4 DD Western Splay
DSDD342           Incl. 167 168 1 1.0 45.8 DD Western Splay
DSR402 231077 1426349 147 264.00 83.50 -59.84 26 32 6 5.9 2.3 RCD Western Splay
DSR402 231077 1426349 147 264.00 83.50 -59.84 42 49 7 6.9 7.4 RCD Western Splay
DSR402           Incl. 45 46 1 1.0 39.5 RCD Western Splay
DSR402             204.2 228.2 24 23.8 3.8 RCD Western Splay
DSR402           And 215 216 1 1.0 10.5 RCD Western Splay
DSR402           And 223.2 224.4 1.2 1.2 15.6 RCD Western Splay
DSR402             239 245 6 5.9 3.1 RCD Western Splay
DSR402             249 256 7 6.9 2.1 RCD Western Splay
DSR407 230850 1426398 147 261.00 84.50 -59.60 159 167 8 7.9 0.8 RCD Western Splay
DSR407             218 220 2 2.0 3.1 RCD Western Splay
DSR407             250 252 2 2.0 2.9 RCD Western Splay
DSR678 231213 1426347 148 265.00 88.61 -60.58 39 47 8 7.9 3.2 RCD Western Splay
DSR584 231214 1426326 147 196.00 91.10 -48.88 17 35 18 17.8 2.1 RCD Western Splay
DSR584             58 61 3 3.0 3.7 RCD Western Splay
DSR584             123.5 133.23 9.73 9.6 3.6 RCD Western Splay
DSR584             123.5 125 1.5 1.5 13.2 RCD Western Splay
DSR580 231162 1426327 147 272.00 91.53 -50.32 191.2 198 6.8 6.7 3.3 RCD Western Splay
DSR674 231348 1426181 146 102 325.02 -51.05 NSI         RC Western Splay
DSR675 231394 1426186 147 126 329.22 -51.24 NSI         RC Western Splay
DSR676 231168 1426451 150 78 86.43 -51.25 NSI         RC Western Splay
DSR677 231127 1426448 149 126 94.44 -50.88 NSI         RC Western Splay
DSR678 231212.71 1426346.8 148 132 88.61 -60.58 39 47 8 7.9 3.2 RC Western Splay
DSR679 231261 1426326 147 132 90.89 -51.97 7 11 4 4.0 8.8 RC Western Splay
            Incl. 9 10 1 1.0 25.6 RC Western Splay
              20 24 4 4.0 4.5 RC Western Splay
            Incl. 21 22 1 1.0 15.5 RC Western Splay
              47 54 7 6.9 6.1 RC Western Splay
            Incl. 47 48 1 1.0 25.2 RC Western Splay
              58 69 11 10.9 1.5 RC Western Splay
DSR680 231217 1426300 146 138 89.73 -51.36 104 132 28 27.7 8.9 RC Western Splay
            Incl. 105 106 1 1.0 13.7 RC Western Splay
            And 110 114 4 4.0 28.6 RC Western Splay
            And 119 120 1 1.0 11.3 RC Western Splay
DSR681 231063 1426214 145 156 93.54 -51.82 NSI         RC Western Splay
DSR682 231129 1426302 146 186 90.69 -50.49 3 11 8 7.9 1.2 RC Western Splay
DSR683 230980 1426269 146 156 90.99 -50.65 108 112 4 4.0 2.4 RC Western Splay
              129 135 6 5.9 3.2 RC Western Splay
DSR684 230996 1426295 146 139 94.57 -52.95 51 59 8 7.9 1.9 RC Western Splay
DSR752 231132 1426397 148 164 273.19 -61.5 NSI         RC Western Splay
                        RC Western Splay
DSR763 231239 1426304 145 120 91.39 -50.3 54 59 5 5.0 1.1 RC Western Splay
DSR764 231285 1426327 147 120 90.68 -52.4 NSI         RC Western Splay
DSR765 230966 1426343 146 156 88.67 -56.8 131 137 6 5.9 2.3 RC Western Splay
DSR766 230948 1426424 147 162 92.57 -60.79 65 70 5 5.0 1.2 RC Western Splay
DSR767 231137 1426428 149 114 94.735 -56.73 NSI         RC Western Splay
DSR768 231101 1426427 149 120 93.39 -55.6 NSI         RC Western Splay
DSDD317 234610.63 1412009.66 171 142 148.01 -51.61 NSI         DD Bougouda
DSDD318 231908 1425883 143 80 329.27 -56.24 NSI         DD Kassassoko
DSDD320 231645 1425899 145 101 330.67 -49.57 11 33 22 15.4 1.1 DD Kassassoko
              40 55 15 10.5 0.9 DD Kassassoko
DSDD321 231841 1425831 143 122 331.17 -55.67 62 76 14 9.8 3.2 DD Kassassoko
            Inc 68 69 1 0.7 20.9 DD Kassassoko
DSDD322 231661 1425851 144 128 152.75 -48.99 6 15 9 6.3 0.6 DD Kassassoko
              34 44 10 7.0 1.2 DD Kassassoko
DSDD324 231804 1425841 143 104 330.97 -51.02 52 58 6 4.2 1.0 DD Kassassoko
              66 72 6 4.2 0.8 DD Kassassoko
              76 77.2 1.2 0.8 4.7 DD Kassassoko
DSDD325 231593 1425922 145 152 152.02 -49.43 23 35 12 8.4 2.3 DD Kassassoko
              48 67 19 13.3 0.7 DD Kassassoko
              78 91 13 9.1 0.7 DD Kassassoko
DSDD326 231874 1425897 143 101 151.44 -49.75 NSI         DD Kassassoko
DSR753 231776 1425843 143 100 328.42 -51.49 NSI         RC Kassassoko
DSR754 231621 1425869 144 132 331.67 -55.3 26 56 30 21.0 1.0 RC Kassassoko
              85 93 8 5.6 0.7 RC Kassassoko
DSR755 231559 1425973 144 114 148.88 -50.51 NSI         RC Kassassoko
DSR756 231542 1425912 145 120 153.24 -50.95 NSI         RC Kassassoko
DSR757 231818 1425943 144 126 151.66 -51.01           RC Kassassoko
DSR758 231590 1425877 145 120 151.56 -50.82 12 35 23 16.1 0.7 RC Kassassoko
DSR759 231678 1425803 144 80 154.65 -51.39 NSI         RC Kassassoko
DSR760 231578 1425798 144 102 152.22 -50.86 92 94 2 1.4 5.4 RC Kassassoko
DSR761 231652 1425889 145 120 149.60 -51.55 18 28 10 7.0 2.3 RC Kassassoko
              54 63 9 6.3 0.9 RC Kassassoko
              84 92 8 5.6 1.0 RC Kassassoko
DSR762 231661 1425975 143 12 146.68 -51.13 5 8 3 2.1 1.9 RC Kassassoko
DSDD299 234745 1410788 167 197 328.41 -51.47 61 64 3 2.1 7.1 DD Bougouda
            Inc 62 63 1 0.7 18.3 DD Bougouda
              162 164.5 2.5 1.8 3.7 DD Bougouda
DSDD303 234790 1410808 167 101.5 326.72 -52.27 63 64 1 0.7 13.8 DD Bougouda
              77 86 9 6.3 0.6 DD Bougouda
DSDD307 234990 1410889 167 116 327.68 -52.46 NSI         DD Bougouda
DSDD310 234660 1411629 167 125 326 -50 50 53 3 2.1 1.9 DD Bougouda
DSDD313 234815 1411578 167 100 323.58 -54.05 NSI         DD Bougouda
DSDD319 234931 1412058 167 154 320.24 -51.64 109 120 11 7.7 1.6 DD Bougouda
DSDD323 235115 1412178 167 130 316.69 -51.95 105 108 3 2.1 4.0 DD Bougouda
DSR736 234790 1412016 167 60 321.93 -51 35 40 5 3.5 1.8 RC Bougouda
              51 52 1 0.7 6.6 RC Bougouda
DSR737 234810 1411987 167 113 328.48 -51.13 99 105 6 4.2 1.3 RC Bougouda
DSR738 235110 1412245 167 90 324.77 -51.99 NSI         RC Bougouda
DSR739 235345 1412424 167 126 329.55 -50.54 NSI         RC Bougouda
DSR740 235270 1412374 167 90 325.88 -50.76 NSI         RC Bougouda
DSR741 235192 1412319 167 84 328.3 -49.58 NSI         RC Bougouda
DSR742 235146 1412207 167 126 323.90 -50.91 105 108 3 2.1 4.3 RC Bougouda
DSR744 234993 1412093 167 162 319.69 -51.58 NSI         RC Bougouda
DSR745 235215 1412285 167 66 323.92 -51.73 NSI         RC Bougouda

Notes:

1.EOH: End of hole2.NSI: No significant intercepts3.ETW: Estimated true width4.Depths and widths reported to nearest significant decimal place5.RC: reverse circulation drilling |DD: diamond drilling tail | RCD: reverse circulation drilling with diamond tail

Infographics accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/949916c4-9422-427d-ade2-7542ac37f720

https://www.globenewswire.com/NewsRoom/AttachmentNg/9837d7c0-c949-46f0-85d5-ce4b72f2f5d4

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