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Fortuna Mining Corp FSM


Primary Symbol: T.FVI

Fortuna Mining Corp., formerly Fortuna Silver Mines Inc., is a Canada-based precious metals mining company with mines in the Latin America and West Africa regions. It has operated mines in Argentina, Burkina Faso, Cote d’Ivoire, Mexico, and Peru. Its mine products include gold, silver, lead, and zinc. Its mines and projects include Seguela Mine, Yaramoko Mine, Lindero Mine, San Jose Mine, and Caylloma Mine. The Seguela Mine is located in the Worodougou Region of the Woroba District, Cote d’Ivoire, approximately 500 km from Abidjan. The Seguela Mine in Cote d’Ivoire consists of the Antenna, Koula, Agouti, Boulder, Ancien, and Sunbird deposits, which will be mined via open-pit methods. Its Yaramoko Mine is in the Hounde greenstone belt region in the Province of Bale in southwestern Burkina Faso. The Lindero Mine is in Salta, Argentina. The San Jose Mine in the Taviche Mining District, Oaxaca, Mexico, produces silver and gold. Caylloma Mine in the Caylloma District of Arequipa, Peru.


TSX:FVI - Post by User

Post by geezer21on Mar 24, 2022 8:32pm
323 Views
Post# 34543790

Additional Notes

Additional NotesThe weak Q3 report was likely an anomaly because of the integration of Roxgold into the company in Q3.  Once on track the addition of Roxgold made a substantial addition to improvment in Q4 production.  Note from the last presentation:



INTEGRATION OF ROXGOLD INC. (“Roxgold”)

On July 2, 2021, the Company completed the business combination with Roxgold, whereby the Company acquired all of the issued and outstanding shares of Roxgold (the “Transaction”). Roxgold was a publicly traded precious metals mining company which owned
the Yaramoko Mine in Burkina Faso, the Sgula Project an advanced development project in Cote D’Ivoire, the Boussoura advanced exploration project in Burkina Faso and a portfolio of exploration assets in West Africa. The Company now operates four producing
mines as a result of the Transaction. All production, operating and financial results of the Yaramoko Mine (including cash costs and AISC) and included in the Company’s consolidated financial results, reflect only the results from July 2, 2021 onwards

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