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    David Kranzler • Mining Stock Journal

    David Kranzler's questions to Fortuna Mining Corp (FSM) leadership

    David Kranzler's questions to Fortuna Mining Corp (FSM) leadership • Q1 2025

    Question

    David Kranzler of the Mining Stock Journal asked for the estimated savings on closure costs from recent divestments, the timeline for a construction decision at the Diamba Sud project, and when the Kingfisher deposit would be integrated into the Seguela mine plan.

    Answer

    Jorge Durant, President & CEO, estimated that divesting the Yaramoko and San Jose mines saves approximately $50 million in future closure costs and allows for the reallocation of management resources. He projected a construction decision for Diamba Sud in the second half of 2026. He also stated that the Kingfisher deposit is expected to be incorporated into the Seguela mine's reserves and life-of-mine plan by the end of 2025, with official reporting in early 2026.

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    David Kranzler's questions to Fortuna Mining Corp (FSM) leadership • Q1 2025

    Question

    David Kranzler of the Mining Stock Journal asked a series of specific questions regarding the financial and operational timeline for key assets. He inquired about the total savings from closure costs after the Yaramoko and San Jose sales, the timeline for a construction decision at Diamba Sud, and the schedule for incorporating the Kingfisher deposit into the Seguela mine plan.

    Answer

    President and CEO Jorge Durant provided specific details on all points. He stated the company would save an estimated $50 million in capital allocated for mine closures, in addition to reallocating management resources. He projected that a construction decision for the Diamba Sud project could be made in the second half of 2026, following the planned receipt of an exploitation concession. Finally, he confirmed that the Kingfisher deposit is expected to be incorporated into the Seguela mine's reserves and life-of-mine plan by the end of 2025, with official reporting in early 2026.

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