Fortuna reports third quarter 2026 production of 69,665 gold equivalent ounces and advances key growth initiatives

VANCOUVER, British Columbia, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) reports production results for the third quarter and first nine months of 2026 from its three operating mines in West Africa and Latin America. This release also provides updates on key growth initiatives, safety performance, and other activities across the Company’s portfolio. Unless otherwise indicated, all monetary amounts are expressed in U.S. dollars.

Production * Production totaled 69,665 gold equivalent ounces (“GEO”)(1) in the third quarter of 2026, compared with 72,217 GEO in Q2 2026(2,3) and 72,462 GEO in Q3 2025(4)(,)(5). Production for the first nine months of 2026 totaled 214,754 GEO, and the Company remains on track to achieve its annual production guidance of 281,000 to 305,000 GEO(6). Growth initiatives * Approved a 30% expansion of the Séguéla processing plant, supporting annual gold production growth to target over 200,000 ounces from H2 2028. * Significantly expanded our Diamba Sud Gold Project concession holdings with the acquisition of the immediately adjacent 190 km² Bambadji Project, consolidating ~60 kilometers of prospective strike along the gold prolific Senegal-Mali Shear Zone. Safety * The Total Recordable Injury Frequency Rate (TRIFR) was 1.20 per million hours worked in Q3 2026, compared to 1.21 in Q2 2026(7). Q3 and 9-month 2026 consolidated GEO production