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Fortuna drills 22.7 g/t gold over 21.6 meters at Southern Arc, Diamba Sud Gold Project, Senegal

1. Fortuna Mining reports high-grade intercepts at Southern Arc deposit. 2. Drillhole DSDD488 shows 22.7 g/t Au over 21.6 meters. 3. Exploration results indicate potential resource growth at Diamba Sud. 4. Drilling paused for rainy season, resuming in September. 5. Updated resource estimates expected in Q1 2026.

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Why Bullish?

High-grade gold intercepts indicate strong exploration potential, similar to positive past results driving stock prices.

How important is it?

High-grade results can attract investor interest, impacting stock price positively based on historical correlation.

Why Long Term?

Anticipated resource growth and updates expected to enhance long-term investor sentiment toward FSM.

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GOLDNEMAEM
VANCOUVER, British Columbia, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to report additional exploration drilling results from the Southern Arc deposit at the Diamba Sud Gold Project located in Senegal, following the July 7, 2025 resource update (see Fortuna news release dated August 5, 2025). Paul Weedon, Senior Vice President of Exploration at Fortuna, commented, “Exploration drilling at the Southern Arc deposit has continued beyond the data cut-off date for its maiden resource estimate, returning several high-grade intercepts. Highlights include drillhole DSDD488, which intersected 22.7 g/t Au over an estimated true width of 21.6 meters from a downhole depth of 53 meters.” Mr. Weedon continued, “These results further demonstrate the potential for resource growth at Diamba Sud. The deposit remains open to the south, east, and at depth, with current drilling only extending to approximately 150 meters. Drilling is scheduled to resume in September, following the end of the rainy season, with further results expected by year-end.” Southern Arc Deposit Drilling highlights include DSDD418:6.3 g/t Au23.3 g/t Au14.2 g/t Au17.9 g/t Auover an estimated true width of 18.2 meters from 31 meters, includingover an estimated true width of 0.8 meters from 40 meters, andover an estimated true width of 0.8 meters from 42 meters, andover an estimated true width of 1.6 meters from 45 metersDSDD440:6.3 g/t Au10.3 g/t Au10.6 g/t Au10.4 g/t Au19.4 g/t Au3.7 g/t Au13.6 g/t Auover an estimated true width of 16.8 meters from 30 meters,includingover an estimated true width of 1.1 meters from 30.7 meters, andover an estimated true width of 2.4 meters from 34 meters, andover an estimated true width of 0.8 meters from 41 meters, andover an estimated true width of 0.8 meters from 43 metersover an estimated true width of 11.0 meters from 54.2 meters, includingover an estimated true width of 0.8 meters from 54.1 metersDSDD444:4.5 g/t Au14.0 g/t Au33.5 g/t Au13.0 g/t Au13.1 g/t Auover an estimated true width of 32.0 meters from 30 meters, includingover an estimated true width of 1.6 meters from 40 meters, andover an estimated true width of 0.8 meters from 45 meters, andover an estimated true width of 1.6 meters from 48 meters, andover an estimated true width of 0.8 meters from 58 metersDSDD4621:9.7 g/t Au21.9 g/t Au18.4 g/t Au13.4 g/t Au14.2 g/t Au16.8 g/t Auover an estimated true width of 20.8 meters from 117 meters, includingover an estimated true width of 2.2 meters from 120.3 meters, andover an estimated true width of 2.4 meters from 124 meters, andover an estimated true width of 0.8 meters from 129 meters, andover an estimated true width of 0.8 meters from 133 meters, andover an estimated true width of 1.6 meters from 140 meters    DSDD4841:4.2 g/t Au13.3 g/t Au14.6 g/t Au18.4 g/t Au13.2 g/t Auover an estimated true width of 31.2 meters from 5 meters, includingover an estimated true width of 0.8 meters from 7 meters, andover an estimated true width of 1.6 meters from 15 meters, andover an estimated true width of 0.8 meters from 19 meters, andover an estimated true width of 1.6 meters from 32 metersDSDD4871:7.8 g/t Au33.6 g/t Au20.5 g/t Au11.1 g/t Au13.2 g/t Auover an estimated true width of 22.4 meters from 31 meters, includingover an estimated true width of 1.6 meters from 44 meters, andover an estimated true width of 0.8 meters from 51 meters, andover an estimated true width of 1.6 meters from 53 meters, andover an estimated true width of 0.8 meters from 56 metersDSDD4881:22.7 g/t Au258.8 g/t Auover an estimated true width of 21.6 meters from 53 meters, includingover an estimated true width of 1.6 meters from 66 metersDSR933:6.7 g/t Au21.6 g/t Au36.1 g/t Auover an estimated true width of 4.0 meters from surface, andover an estimated true width of 6.4 meters from 65 meters, includingover an estimated true width of 2.4 meters from 67 metersDSR9761:4.9 g/t Au19.4 g/t Auover an estimated true width of 23.2 meters from 51 meters, includingover an estimated true width of 3.2 meters from 63 meters    Note: 1. Not included in the resource estimate; see Fortuna news release dated August 5, 2025 Exploration drilling at Southern Arc has been a key focus for the Diamba Sud project with a further 152 reverse circulation (“RC”) and diamond core drill holes for a total of 21,234 meters completed since the previous exploration update (see Fortuna news release dated May 27, 2025). The program at Southern Arc has been paused for the rainy season with drilling expected to resume in mid-September. Of the 152 drill holes, 53 were completed after the data cutoff for Southern Arc’s maiden Inferred Mineral Resource estimate of 3.9 Mt averaging 1.57 g/t Au and containing 194 koz of gold (see Fortuna news release dated August 5, 2025) and will, along with additional drilling planned for the fourth quarter of 2025, be included in an updated resource estimate planned for the first quarter of 2026. Details of the completed holes are presented in Appendix 1. Mineralization at Southern Arc occurs as variable fine stockwork vein arrays to diffuse pyrite-silica flooding and has a strong correlation with certain of the tectonic breccias and carbonate units (refer to Figures 1 to 3) and commonly demonstrates an extensive hematite alteration association, similar to the other prospects and deposits at Diamba Sud. Mineralization remains open at depth and along strike to the south and east. Figure 1: Southern Arc Section 600NE Figure 2: Southern Arc Section 650NE Figure 3: Southern Arc Section 700NE Refer to Appendix 1 for full details of the drill holes and assay results for this drill program 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 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 percent representative sample for submission to the analytical laboratory. The residual 87.5 percent 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 by Company vehicle or commercial courier to ALS Global’s preparation laboratories in Kedougou, Senegal or Bamako, Mali, with prepared sample pulps then transported via commercial courier to ALS Global’s analytical 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. Samples returning assays >10 ppm Au were reanalyzed using a 50-gram charge and fire assay with a gravimetric finish. Quality control procedures included the systematic insertion of blanks, duplicates and sample standards into the sample stream. In addition, the ALS Global laboratory inserted its own quality control samples. Qualified Person Paul Weedon, Senior Vice President, 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 three operating mines and a portfolio of exploration projects in Argentina, Côte d’Ivoire, Mexico, and Peru, as well as the Diamba Sud Gold Project in Senegal. Sustainability is at the core of our operations and stakeholder relationships. We produce gold and silver while creating long-term shared value through efficient production, environmental stewardship, and social responsibility. For more information, please visit our website at www.fortunamining.com 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 may include, without limitation, the Mineral Resource estimates at Diamba Sud; the Company’s proposed exploration plans at Diamba Sud; statements pertaining to the potential for resource growth at Diamba Sud statements about the Company’s business strategies, plans and outlook; the Company’s plans for its mines and mineral properties; changes in general economic conditions and financial markets; the impact of inflationary pressures on the Company’s business and operations; the future results of exploration activities; expectations with respect to metal grade estimates and the impact of any variations relative to metals grades experienced; assumed and future metal prices; the merit of the Company’s mines and mineral properties; and the future financial or operating performance of the Company. Often, but not always, these Forward-looking Statements can be identified by the use of words such as “estimated”, “potential”, “open”, “future”, “assumed”, “projected”, “proposed”, “used”, “detailed”, “has been”, “gain”, “planned”, “reflecting”, “will”, “anticipated”, “estimated” “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, operational risks associated with mining and mineral processing; uncertainty relating to Mineral Resource and Mineral Reserve estimates; uncertainty relating to capital and operating costs, production schedules and economic returns; risks relating to the Company’s ability to replace its Mineral Reserves; risks related to the conversion of Mineral Resources to Mineral Reserves; risks associated with mineral exploration and project development; uncertainty relating to the repatriation of funds as a result of currency controls; environmental matters including obtaining or renewing environmental permits and potential liability claims; uncertainty relating to nature and climate conditions; laws and regulations regarding the protection of the environment (including greenhouse gas emission reduction and other decarbonization requirements and the uncertainty surrounding the interpretation of omnibus Bill C-59 and the related amendments to the Competition Act (Canada); risks associated with political instability and changes to the regulations governing the Company’s business operations; changes in national and local government legislation, taxation, controls, regulations and political or economic developments in countries in which the Company does or may carry on business; risks associated with war, hostilities or other conflicts, such as the Ukrainian – Russian, and Israeli – Hamas conflicts, and the impacts they may have on global economic activity; risks relating to the termination of the Company’s mining concessions in certain circumstances; developing and maintaining relationships with local communities and stakeholders; risks associated with losing control of public perception as a result of social media and other web-based applications; potential opposition to the Company’s exploration, development and operational activities; risks related to the Company’s ability to obtain adequate financing for planned exploration and development activities; property title matters; risks related to the ability to retain or extend title to the Company’s mineral properties; risks relating to the integration of businesses and assets acquired by the Company; impairments; risks associated with climate change legislation; reliance on key personnel; adequacy of insurance coverage; operational safety and security risks; legal proceedings and potential legal proceedings; uncertainties relating to general economic conditions; risks relating to a global pandemic, which could impact the Company’s business, operations, financial condition and share price; competition; fluctuations in metal prices; risks associated with entering into commodity forward and option contracts for base metals production; fluctuations in currency exchange rates and interest rates; tax audits and reassessments; risks related to hedging; uncertainty relating to concentrate treatment charges and transportation costs; sufficiency of monies allotted by the Company for land reclamation; risks associated with dependence upon information technology systems, which are subject to disruption, damage, failure and risks with implementation and integration; labor relations issues; as well as those factors discussed under “Risk Factors” in the Company's Annual Information Form for the fiscal year ended December 31, 2024. 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, the accuracy of the Company’s current Mineral Resource and Mineral Reserve estimates; that the Company’s activities will be conducted in accordance with the Company’s public statements and stated goals; that there will be no material adverse change affecting the Company, its properties or its production estimates (which assume accuracy of projected ore grade, mining rates, recovery timing, and recovery rate estimates and may be impacted by unscheduled maintenance, labor and contractor availability and other operating or technical difficulties); the duration and effect of global and local inflation; the duration and impacts of geo-political uncertainties on the Company’s production, workforce, business, operations and financial condition; the expected trends in mineral prices, inflation and currency exchange rates; that all required approvals and permits will be obtained for the Company’s business and operations on acceptable terms; that there will be no significant disruptions affecting the Company's 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 these 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 All 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. 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 Drill holes completed after July 7, 2025, are shown in italics HoleIDEasting (WGS84_29N)Northing (WGS84_29N)Elev. (m)EOH1,2 Depth (m)UTM AzimuthDipDepth2,3 From (m)Depth2 To (m)Drilled2 Width (m)ETW4 (m)Au (ppm)Hole Type5AreaDSDD4082325991426198145110150-50424864.81.5DDSouthern ArcDSDD4092326661426221146147150-50NSI    DDSouthern ArcDSDD4102325881426263146164150-50394343.22.2DDSouthern Arc       6172118.80.9DDSouthern ArcDSDD4112325561426219145134150-50NSI    DDSouthern ArcDSDD4122326311426245146150150-5013013332.41.8DDSouthern ArcDSDD4132327171426204145119150-50NSI    DDSouthern ArcDSDD4142324041426439148150150-50687464.84.5DDSouthern ArcDSDD4152325891426101143146150-50NSI    DDSouthern ArcDSDD4162326741426174145152150-50NSI    DDSouthern ArcDSDD4172324541426461148117150-50NSI    DDSouthern ArcDSDD418232366142636414712690-503153.7522.7518.26.3DDSouthern Arc      incl404110.823.3DDSouthern Arc      and424310.814.2DDSouthern Arc      and454721.617.9DDSouthern Arc       6171108.01.9DDSouthern ArcDSDD419232602142626214611490-5091343.25.5DDSouthern Arc      incl101221.6Core LossDDSouthern Arc      and121310.821.2DDSouthern ArcDSDD420232563142626114613790-5098.3990.70.628.5DDSouthern ArcDSDD421232405142636014710890-5056.4561.354.93.96.8DDSouthern Arc      incl586021.614.5DDSouthern ArcDSDD422232218142613214511390-50NSI    DDSouthern ArcDSDD4232326011426078142125335-50NSI    DDSouthern ArcDSDD4312323501426410147237150-5058.3634.73.89.8DDSouthern Arc      incl585910.657.8DDSouthern Arc       841042016.02.7DDSouthern Arc      incl878810.813.3DDSouthern Arc      and949510.818.3DDSouthern Arc       121133.7512.7510.23.7DDSouthern Arc      incl12712810.817.3DDSouthern Arc       141146.154.11.3DDSouthern Arc      incl14214310.8Core LossDDSouthern Arc       1561913528.01.9DDSouthern ArcDSDD4332323031426394147129150-50919764.83.8DDSouthern Arc      incl929310.810.7DDSouthern Arc       1031201713.67.9DDSouthern Arc      incl11011221.646.6DDSouthern Arc      and119119.50.50.419.4DDSouthern ArcDSDD4342323801426482148172150-50NSI    DDSouthern ArcDSDD435232442142641614792150-50NSI    DDSouthern ArcDSDD436232388142643714892150-50NSI    DDSouthern ArcDSDD437232173142613414519890-50909554.01.0DDSouthern ArcDSDD438232409142630414781150-50NSI    DDSouthern ArcDSDD4392323251426355147113150-50NSI    DDSouthern ArcDSDD4402328661426115144144330-5022.2263.83.02.6DDSouthern Arc       30512116.86.3DDSouthern Arc      incl30.7321.351.110.3DDSouthern Arc      and343732.410.6DDSouthern Arc      and414210.810.4DDSouthern Arc      and434410.819.4DDSouthern Arc      and454610.821.2DDSouthern Arc       54.26813.811.03.7DDSouthern Arc      incl555610.813.6DDSouthern ArcDSDD4412323381426463148137150-50117.3512911.659.31.4DDSouthern ArcDSDD442232197142620114610190-50NSI    DDSouthern ArcDSDD4432327991426122145105330-5021086.40.8DDSouthern Arc       16291310.43.0DDSouthern Arc       3745.558.556.80.8DDSouthern Arc       5166.615.612.55.0DDSouthern Arc      incl58.45601.551.211.6DDSouthern Arc      and626310.824.2DDSouthern Arc       7576.21.21.05.7DDSouthern ArcDSDD444232380142638514784150-5030704032.04.5DDSouthern Arc      incl404221.614.0DDSouthern Arc      and454610.833.5DDSouthern Arc      and485021.613.0DDSouthern Arc      and585910.813.1DDSouthern ArcDSDD445232176142616314514090-50868932.41.8DDSouthern ArcDSDD446232403142638714765150-500242419.24.5DDSouthern Arc      incl3410.8Core LossDDSouthern Arc      and141510.811.1DDSouthern Arc      and171810.812.2DDSouthern Arc      and192010.815.5DDSouthern ArcDSDD447232743142614314599330-5053.55584.453.65.0DDSouthern Arc      incl565710.815.1DDSouthern Arc       7680.754.753.81.3DDSouthern ArcDSDD4482324191426415147101150-500353528.03.0DDSouthern Arc      incl3410.8Core LossDDSouthern Arc      and161710.810.8DDSouthern Arc      and222310.818.0DDSouthern ArcDSDD449232454142638814780150-50NSI    DDSouthern ArcDSDD4502328821426077143135330-50687243.22.2DDSouthern ArcDSDD4512325811426489146110150-50NSI    DDSouthern ArcDSDD4522324371426489148143150-50NSI    DDSouthern ArcDSDD4532325611426272146170150-508799129.61.5DDSouthern Arc       1031221915.20.9DDSouthern Arc       1341491512.05.4DDSouthern Arc      incl13914121.615.6DDSouthern ArcDSDD4542328541426075144165330-50NSI    DDSouthern ArcDSDD4552325651426304146176150-50NSI    DDSouthern ArcDSDD4562325371426251145156150-5010511054.01.7DDSouthern ArcDSDD4572327341426227145123150-5057741713.66.1DDSouthern Arc      incl676810.812.5DDSouthern Arc      and697121.616.4DDSouthern Arc      and737410.816.5DDSouthern Arc       919432.48.4DDSouthern Arc      incl939410.814.7DDSouthern ArcDSDD4582327811426220144140150-502143.452218.04.5DDSouthern Arc      incl353610.812.7DDSouthern Arc      and384132.416.4DDSouthern Arc       11912897.20.7DDSouthern ArcDSDD4592324721426085142110150-50NSI    DDSouthern ArcDSDD4602328101426257143183150-50167180.71411.01.7DDSouthern ArcDSDD4612328691426207143185150-50788797.26.2DDSouthern Arc      incl818321.620.1DDSouthern Arc       1551752016.00.9DDSouthern ArcDSDD4622329131426251143159150-501171432620.89.7DDSouthern Arc      incl120.312332.221.9DDSouthern Arc      and12412732.418.4DDSouthern Arc      and12913010.813.4DDSouthern Arc      and13313410.814.2DDSouthern Arc      and14014221.616.8DDSouthern ArcDSDD4632328891426230143149150-508394118.84.2DDSouthern Arc      incl909110.826.9DDSouthern Arc       116132.416.413.15.0DDSouthern Arc      incl12412510.810.1DDSouthern Arc      and130132.421.917.0DDSouthern ArcDSDD4642324671426355147108150-50NSI    DDSouthern ArcDSDD4652328071426213144169.5150-5091564.81.4DDSouthern Arc       687575.62.1DDSouthern Arc       92103118.81.1DDSouthern ArcDSDD4662329491426170143168150-50NSI    DDSouthern ArcDSDD4672327971426118144184150-50NSI    DDSouthern ArcDSDD4682326941426082144185150-50126137118.81.0DDSouthern Arc       16216643.25.2DDSouthern Arc      incl16216310.811.0DDSouthern ArcDSDD4692328421426105144131150-5073.588.51512.08.4DDSouthern Arc      incl808332.421.6DDSouthern Arc      and8687.21.21.011.8DDSouthern Arc       929975.63.4DDSouthern ArcDSDD4702327631426110144157150-5013814132.43.7DDSouthern ArcDSDD4712328601426076143161150-5036.3469.77.81.5DDSouthern Arc       55.8575.4519.615.73.3DDSouthern ArcDSDD4722329601426216143161150-501331491612.86.5DDSouthern Arc      incl13513832.417.2DDSouthern Arc      and13914010.820.7DDSouthern Arc       154.85159.64.753.82.7DDSouthern ArcDSDD4732325541426339146231150-50979810.813.7DDSouthern ArcDSDD4742329831426171143143150-50NSI    DDSouthern ArcDSDD4752329691426254143140150-50NSI    DDSouthern ArcDSDD4762324981426323145252150-5012312632.41.7DDSouthern Arc       151161.510.58.40.7DDSouthern ArcDSDD4772328791426094144166150-5056.569.312.7510.23.7DDSouthern Arc      incl575810.811.6DDSouthern Arc      and6666.60.60.515.3DDSouthern Arc       79.59010.58.411.9DDSouthern Arc      incl808443.221.4DDSouthern Arc      and888910.815.7DDSouthern ArcDSDD4782327401426275144119150-5031.45386.555.23.5DDSouthern Arc      incl32.3330.70.610.8DDSouthern ArcDSDD4802328931426117143179150-5022.753512.259.86.4DDSouthern Arc      incl272810.814.1DDSouthern Arc      and303221.620.8DDSouthern Arc       5086.236.229.02.5DDSouthern Arc       139.2144.55.254.22.3DDSouthern Arc       160.31621.71.43.2DDSouthern ArcDSDD4812327171426265145119150-505365129.66.1DDSouthern Arc      incl596010.811.5DDSouthern Arc      and616210.812.0DDSouthern Arc      and646510.814.6DDSouthern ArcDSDD4822326851426240146137150-50727421.610.8DDSouthern Arc      incl737410.813.4DDSouthern Arc       100.8104.53.652.93.9DDSouthern ArcDSDD4832323081426459148249150-5016217197.21.3DDSouthern ArcDSDD4842329231426118143161150-505443931.24.2DDSouthern Arc      incl7810.813.3DDSouthern Arc      and111210.8Core LossDDSouthern Arc      and151721.614.6DDSouthern Arc      and192010.818.4DDSouthern Arc      and323421.613.2DDSouthern ArcDSDD4852328671426157143179150-50586464.83.9DDSouthern Arc      incl636410.814.9DDSouthern Arc       69922318.41.3DDSouthern ArcDSDD4872329051426062143128150-5031592822.47.8DDSouthern Arc      incl444621.633.6DDSouthern Arc      and515210.820.5DDSouthern Arc      and535521.611.1DDSouthern Arc      and565710.813.2DDSouthern ArcDSDD4882328991426165143152150-5053802721.622.7DDSouthern Arc      incl636410.827.4DDSouthern Arc      and666821.6258.8DDSouthern Arc      and6969.90.850.713.4DDSouthern Arc      and777810.817.0DDSouthern ArcDSDD4892328251426079144182150-50NSI    DDSouthern ArcDSDD4902323901426463148123150-50NSI    DDSouthern ArcDSDD4912327251426076144200150-50113118.25.24.23.6DDSouthern Arc       1221472520.04.8DDSouthern Arc      incl13213310.810.6DDSouthern Arc      and13513610.810.6DDSouthern Arc      and13813910.815.1DDSouthern Arc      and14014110.810.9DDSouthern Arc       18719697.21.0DDSouthern ArcDSDD4922327251426036143152150-506880129.63.8DDSouthern Arc      incl686910.814.3DDSouthern Arc      and727310.815.3DDSouthern Arc      and75.8771.21.019.0DDSouthern Arc       961121612.85.7DDSouthern Arc       10310632.416.2DDSouthern Arc       128139.811.89.43.2DDSouthern Arc              DSR8952322981426361147132150-50NSI    RCSouthern ArcDSR8962325721426139143132150-507989108.01.4RCSouthern Arc       9510164.84.5RCSouthern Arc      incl959610.819.7RCSouthern Arc       12212643.26.9RCSouthern Arc      incl12212310.826.4RCSouthern ArcDSR8972327511426211145143150-50303886.41.7RCSouthern ArcDSR8982327141426298145174150-50NSI    RCSouthern ArcDSR8992326941426341145186150-50NSI    RCSouthern ArcDSR9002326361426327146102150-50NSI    RCSouthern ArcDSR9012326561426261146144150-50NSI    RCSouthern ArcDSR9022324701426010141102150-50NSI    RCSouthern ArcDSR9032324991426048141100150-50NSI    RCSouthern ArcDSR9042325491426073142102150-50NSI    RCSouthern ArcDSR9052323671426373147162150-50NSI    RCSouthern ArcDSR9082323561426429148138150-50NSI    RCSouthern ArcDSR9092325131426256145126150-50NSI    RCSouthern ArcDSR9102324921426186143138150-50NSI    RCSouthern ArcDSR9112324621426232144120150-50NSI    RCSouthern ArcDSR9122328391426260143180150-50848621.68.2RCSouthern Arc      incl858610.815.7RCSouthern Arc       16517275.60.8RCSouthern ArcDSR9132327571426331144156150-5011912232.44.1RCSouthern ArcDSR9142325481426288146180150-50838964.84.5RCSouthern ArcDSR9152322621426400148156150-50NSI    RCSouthern ArcDSR9162322211426378147162150-50NSI    RCSouthern ArcDSR927232282142607814412090-50NSI    RCSouthern ArcDSR928232240142607714413290-50NSI    RCSouthern ArcDSR929232283142603114311490-50687021.63.6RCSouthern ArcDSR930232244142602814410490-50NSI    RCSouthern ArcDSR931232181142624814613290-50NSI    RCSouthern ArcDSR9322329101426139143144330-50NSI    RCSouthern ArcDSR9332327861426147145102330-500554.06.7RCSouthern Arc      incl2310.810.6RCSouthern Arc       657386.421.6RCSouthern Arc      incl677032.436.1RCSouthern Arc      and717210.852.2RCSouthern ArcDSR9342327651426112145120330-5059731411.23.5RCSouthern ArcDSR9352326581426146145162330-50NSI    RCSouthern ArcDSR9362326431426069143108330-50NSI    RCSouthern ArcDSR937232380142625314560150-50NSI    RCSouthern ArcDSR938232360142629114684150-50NSI    RCSouthern ArcDSR939232401142627014590150-50NSI    RCSouthern ArcDSR9402325191426441148162150-50NSI    RCSouthern ArcDSR9412324981426476148162150-50NSI    RCSouthern ArcDSR9422324001426493148150150-50NSI    RCSouthern ArcDSR9432328171426147144126330-50NSI    RCSouthern ArcDSR9442328391426105144168330-504510.86.7RCSouthern Arc       25381310.45.9RCSouthern Arc      incl343621.615.9RCSouthern Arc       44844032.02.4RCSouthern Arc      incl646510.813.3RCSouthern ArcDSR9452328621426170143128330-50991141512.01.3RCSouthern ArcDSR9462328891426130143162330-50NSI    RCSouthern ArcDSR9472327391426106144132330-50NSI    RCSouthern ArcDSR9482327181426080144120330-50NSI    RCSouthern ArcDSR9492326971426081144168330-5013113543.22.3RCSouthern Arc       1481641612.82.3RCSouthern Arc      incl15715810.813.6RCSouthern ArcDSR9502325781426084142138150-50NSI    RCSouthern ArcDSR9512326101426324146138150-50NSI    RCSouthern ArcDSR9522326131426371145104150-50NSI    RCSouthern ArcDSR9532325151426289146186150-50981192116.84.0RCSouthern Arc      incl11411510.845.7RCSouthern Arc      and11711810.811.0RCSouthern Arc       1521782620.84.4RCSouthern Arc      incl15715921.618.8RCSouthern Arc      and16616710.813.0RCSouthern ArcDSR9542329361426202143114150-50961131713.63.9RCSouthern Arc      incl10310410.819.6RCSouthern Arc      and10911010.824.2RCSouthern ArcDSR9552329151426191143108150-50831032016.02.6RCSouthern Arc      incl9910010.818.4RCSouthern ArcDSR9562328571426141144132150-50303886.42.1RCSouthern Arc       6172118.82.8RCSouthern Arc      incl697010.812.9RCSouthern Arc       831102721.62.2RCSouthern Arc      incl919210.811.5RCSouthern Arc       1151281310.46.6RCSouthern Arc      incl12212532.418.2RCSouthern ArcDSR9572328201426193144156150-5044763225.62.3RCSouthern ArcDSR9582327631426187145108150-50152386.41.1RCSouthern Arc       4254129.61.3RCSouthern Arc       5870129.60.5RCSouthern Arc       89101129.61.5RCSouthern ArcDSR9592327631426243144162150-5041571612.81.3RCSouthern ArcDSR9602328591426282143111150-5091102118.84.0RCSouthern Arc      incl979810.821.4RCSouthern ArcDSR9612327851426306143186150-5017217421.63.0RCSouthern ArcDSR9622323241426440148156150-5012312743.23.5RCSouthern Arc       13914564.83.7RCSouthern Arc      incl14014110.812.2RCSouthern Arc       15315632.41.7RCSouthern ArcDSR9632328831426295143162150-50NSI    RCSouthern ArcDSR9642324751426474148150150-50NSI    RCSouthern ArcDSR9652324891426442147162150-50NSI    RCSouthern ArcDSR9662325121426401147180150-50NSI    RCSouthern ArcDSR9672325311426374146162150-50NSI    RCSouthern ArcDSR9682326281426148145162150-5012212310.88.1RCSouthern ArcDSR9692326471426112144138150-5034511713.61.3RCSouthern Arc       596343.21.6RCSouthern Arc       67861915.21.5RCSouthern Arc      incl858610.810.2RCSouthern ArcDSR9702327851426069143108150-50NSI    RCSouthern ArcDSR9712328441426032143144150-50606443.22.6RCSouthern Arc       788021.64.6RCSouthern ArcDSR9722328131426019143120150-50NSI    RCSouthern ArcDSR9732325371426160143150150-50NSI    RCSouthern ArcDSR9742324741426264145162150-50NSI    RCSouthern ArcDSR9752329801426119143126150-50NSI    RCSouthern ArcDSR9762329621426110143126150-5051802923.24.9RCSouthern Arc      incl636743.219.4RCSouthern ArcDSR9772329601426162143128150-5095107129.64.3RCSouthern ArcDSR9782327661426064143108150-50NSI    RCSouthern ArcDSR9792327461425990142120150-5060802016.03.3RCSouthern Arc      incl626310.819.9RCSouthern Arc       849286.41.4RCSouthern Arc       99111129.62.6RCSouthern ArcDSR9802327481426033143108150-50828754.01.8RCSouthern Arc       9310186.40.7RCSouthern ArcDSR9912326931425987142126150-50NSI    RCSouthern ArcDSR9922326921426031142126150-507183129.62.0RCSouthern Arc      incl767710.810.0RCSouthern Arc       881021411.21.0RCSouthern ArcDSR993232443142635014760150-50NSI    RCSouthern Arc               Notes: 1. EOH: End of hole2. Depths and widths reported to nearest significant decimal place 3. NSI: No significant intercepts4. ETW: Estimated true width5. RC: reverse circulation drilling | DD: diamond drilling tail | RCD: reverse circulation drilling with diamond tail A PDF accompanying this announcement is available at http://ml.globenewswire.com/Resource/Download/992285df-91d1-42ac-a55c-303c03450396 Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aa97a35a-6273-42d9-8558-f62a373f53c9https://www.globenewswire.com/NewsRoom/AttachmentNg/9e4303c3-d816-480a-a619-3f67e3de0d14https://www.globenewswire.com/NewsRoom/AttachmentNg/cd07810d-e755-49d1-97f5-95f811f4d1e8

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