You are currently viewing Vancouver, British Columbia, July 09, 2025 (GLOBE NEWSWIRE) — Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) reports production results for the second quarter of 2025 from its three operating mines located in West Africa and Latin America.
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Vancouver, British Columbia, July 09, 2025 (GLOBE NEWSWIRE) — Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) reports production results for the second quarter of 2025 from its three operating mines located in West Africa and Latin America.

The company has reported gold production from ongoing operations of 61,736 ounces, a 10.8% increase compared to the same period in 2024, and a 6.7% decrease compared to the first quarter of 2025. Additionally, the company has reported gold equivalent production from ongoing operations of 71,229 ounces, a 0.6% increase compared to the same period in 2024 and a 1.1% decrease compared to the first quarter of 2025. The company’s production results for the second quarter of 2025 are as follows:

* Gold production from ongoing operations: 61,736 ounces

* Gold equivalent production from ongoing operations: 71,229 ounces

* Consolidated gold equivalent production for the first six months of 2025: 179,409 ounces

The company has also reported that its San Jose Mine was successfully sold in April 2025, and its Yaramoko Mine was successfully sold in May 2025. **Q2 2025 Highlights**

* Gold production from ongoing operations: 61,736 ounces

* Gold equivalent production from ongoing operations: 71,229 ounces

* Consolidated gold equivalent production for the first six months of 2025: 179,409 ounces

* Sale of San Jose Mine completed in April 2025

* Sale of Yaramoko Mine completed in May 2025

The company’s production results for the second quarter of 2025 are as follows:

Mine Gold Production (oz) Gold Equivalent Production (oz)
Séguéla, Côte d’Ivoire 38,186 38,500
Lindero, Argentina 23,550 20,320
Caylloma, Peru 9,493 11,566

The company’s production results for the second quarter of 2025 are in line with its updated annual production guidance of 309,000 to 339,000 gold equivalent ounces. **West Africa Region**

The Séguéla Mine in Côte d’Ivoire is on track to achieve the upper end of its annual production guidance. The mine produced 38,186 ounces of gold in the second quarter of 2025, a 0.8% decrease in ounces produced and an 8.6% increase in grade compared to the first quarter of 2025. The Yaramoko Mine in Burkina Faso was sold in May 2025, and production from the mine was 4,721 ounces of gold in the second quarter of 2025. **Latin America Region**

The Lindero Mine in Argentina is on track to meet its annual production guidance. The mine produced 23,550 ounces of gold in the second quarter of 2025, a 16% increase compared to the first quarter of 2025. The Caylloma Mine in Peru produced 240,621 ounces of silver in the second quarter of 2025, a 3.3% increase compared to the first quarter of 2025. **Consolidated GEO Production**

The company’s consolidated gold equivalent production for the first six months of 2025 was 179,409 ounces. | Mine | GEO Production (oz) |

| — | — |

| Séguéla, Côte d’Ivoire | 38,186 |

| Lindero, Argentina | 23,550 |

| Caylloma, Peru | 9,493 |

| Total from Ongoing Operations | 71,229 |

| Divested Operation | 4,721 |

| Total from Ongoing and Divested Operations | 75,950 |

The company has also reported that its energy efficiency and cost optimization efforts are paying off. The 14.5 MWh photovoltaic plant was successfully completed and commissioned on schedule, generating 1 million kWh of electricity in June 2025. This has resulted in a 26% reduction in the company’s power demand and a 35% reduction in its diesel consumption. The company has also reported that its crushing plant capacity has been significantly enhanced at Lindero, achieving a record average throughput of 1,109 tph in June 2025. This has placed the mine on track to meet its annual production guidance. **Qualified Person**

The technical information contained in this news release has been reviewed and approved by Eric Chapman, Senior Vice President of Technical Services for Fortuna Mining Corp., who is a Professional Geoscientist registered with Engineers and Geoscientists British Columbia. **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 the company’s operations and stakeholder relationships. The company produces gold and silver while creating long-term shared value through efficient production, environmental stewardship, and social responsibility. For more information, please visit the company’s website at www.fortunamining.com. **Contact**

Carlos Baca

info@fmcmail.com

fortunamining.com

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**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 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; statements reiterating the Company’s 2025 annual production guidance and the likelihood of the Company meeting such annual production guidance, including statements that the Séguéla Mine is on track to achieve upper end of guidance; the Company’s business strategy, plans and outlook; the merit of the Company’s mines and mineral properties; the future financial or operating performance of the Company; the Company’s ability to comply with contractual and permitting or other regulatory requirements; 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”, “anticipated”, “estimated”, “containing”, “remaining”, “to be”, or statements that events, “could” or “should” occur or be achieved and similar expressions, including negative variations.

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