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Fortuna Silver achieves first gold pour at Séguéla mine

Fortuna Silver Mines, has achieved its first gold pour at the Séguéla mine in Côte d’Ivoire. The mine has now entered the ramp-up phase, with an estimated production of 60,000 to 75,000 ounces of gold expected for this year.

The projected costs for gold production range between $880 and $1,080 per ounce. Fortuna Silver Mines’ CEO, Jorge A Ganoza, expressed his satisfaction with the milestone, highlighting the professionalism and dedication of the Séguéla team in bringing the asset from exploration to production. He emphasized that Séguéla will be a significant asset in the company’s portfolio for years to come, bringing value to stakeholders.

Séguéla mine

The Séguéla mine covers a vast area of 62,000 hectares and includes several deposits such as Antenna, Koula, Agouti, Boulder, and Ancien. Additionally, there are 22 other prospective targets within the mining site. Construction of the open-pit gold mine began in September 2021, with sustainability integrated into the design, construction, and operation of the project.

The mine is expected to have a nine-year lifespan, with the first six years estimated to yield an annual production of 133,000 ounces of gold. The Séguéla mine is projected to reach a production rate of 3,750 tonnes per day in the third quarter of this year. With the successful gold pour, the Séguéla mine now becomes Fortuna Silver’s fifth operating mine.

 

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