Fortuna Metals Ltd Announces Outstanding Rutile Results
Key points
- Rutile grades up to 3.43% recorded at Mlongo prospect
- Multiple high-grade intervals identified below current resource estimate
- CEO anticipates deposit growth with more assays expected
Full summary
Fortuna Metals Ltd has announced outstanding rutile results from the Mlongo prospect at the Mkanda project in Malawi. The maiden aircore drill program has delivered exceptional results, including 24m @ 1.5% rutile, 25m @ 1.17% rutile, and the highest grade rutile of 3.43% recorded to date. These results demonstrate a high-grade rutile mineral system that extends below the current Inferred Mineral Resource Estimate. Fortuna CEO, Mr. Tom Langley, expressed excitement about the potential for the deposit to grow as more assays are received. The company has completed a 7,618m aircore drill program, with results expected over the next 4-6 months.
Outlook
The company anticipates that the quality and scale of the deposit will grow with the receipt of additional assays.
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