Press Releases August 10, 2026 05:30 PM

Fortuna acquires highly prospective Bambadji Project in Senegal from Barrick and IAMGOLD

Fortuna Mining acquires Bambadji gold project from Barrick and IAMGOLD, expanding exploration in Senegal's Tier-1 gold corridor

By Maya Rios
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Fortuna Mining Corp. has acquired the 190 km² Bambadji advanced gold exploration project in Senegal from Barrick Mining Corporation and IAMGOLD Corporation for US$200 million plus a royalty, consolidating approximately 60 km of strike next to their Diamba Sud Gold Project. The acquisition includes significant historical drilling data and multiple high-grade gold targets, with an approved $8 million initial exploration budget for 2026 to advance project development.

Fortuna acquires highly prospective Bambadji Project in Senegal from Barrick and IAMGOLD
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Key Points

  • Acquisition of Bambadji project consolidates a large, highly prospective gold land package along the Senegal-Mali Shear Zone adjacent to Fortuna's Diamba Sud feasibility-stage project.
  • US$200 million cash consideration plus a 0.5% net smelter return royalty paid to Barrick and IAMGOLD subsidiaries, reflecting the strategic value and scale of the project.
  • Initial US$8 million exploration program approved for 2026 focusing on delineating multiple high-priority drill targets within 20 km of Diamba Sud plant site, aiming to expand mineral reserves and resources.

VANCOUVER, British Columbia, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to announce the acquisition of the 190 km² Bambadji advanced gold exploration project in Senegal, through the purchase of certain Senegalese subsidiaries held by Barrick Mining Corporation and IAMGOLD Corporation. Located adjacent to Fortuna’s feasibility-stage Diamba Sud Gold Project, Bambadji consolidates approximately 60 kilometers of prospective strike along the Senegal-Mali Shear Zone, a Tier-1 gold corridor hosting several world-class mines.

PreviousBambadji represents a rare opportunity to consolidate a large-scale, highly prospective exploration land package adjacent to our Diamba Sud Gold Project.
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Jorge A. Ganoza, President and CEO, commented, “Bambadji represents a rare opportunity to consolidate a large-scale, highly prospective exploration land package immediately adjacent to our feasibility-stage Diamba Sud Gold Project.” Mr. Ganoza continued, “The US$200 million consideration paid for the project reflects multiple prime drill-defined targets, the scale of the land package, the extensive historical exploration dataset, and the potential to materially expand Diamba Sud in one of the most prospective gold districts in West Africa, where quality ground is difficult to assemble.”

Barrick/IAMGOLD drill highlights include:

ProspectDrill HoleInterceptKabewestKBWDH0062.12 g/t Au over a width of 52.9 meters from 88.8 meters KBWRC0752.34 g/t Au over a width of 45.0 meters from 5.0 metersFatimaFARC0012.44 g/t Au over a width of 24.0 meters from 52.0 meters FARC0123.12 g/t Au over a width of 24.0 meters from 113.0 metersDjenebouDJRC01314.63 g/t Au over a width of 5.0 meters from 111.0 meters KLRC0048.55 g/t Au over a width of 15.0 meters from 17.0 metersWariWARC0044.05 g/t Au over a width of 9.0 meters from 28.0 meters BARC-20631.60 g/t Au over a width of 20.0 meters from 0.0 metersLatifaKBRC-00453.62 g/t Au over a width of 20.0 meters from 87.0 meters KBRC-00672.59 g/t Au over a width of 25.0 meters from 74.0 metersKachKCRC007
KCRC0084.08 g/t Au over a width of 12.0 meters from 48.0 meters
15.22 g/t Au over a width of 7.0 meters from 29.0 metersKabeteaKBTRC009
KBTRC0113.76 g/t Au over a width of 47 meters from 55.0 meters
4.08 g/t Au over a width of 32 meters from 55.0 metersBagata CorridorBARC-21059.28 g/t Au over a width of 18.0 meters from 66.0 meters BARC-21593.57 g/t Au over a width of 46.0 meters from 56.0 metersGefa CorridorBARC-21481.83 g/t Au over a width of 52.0 meters from 0.0 meters GFRC03114.07 g/t Au over a width of 8.0 meters from 41.0 meters


Note: All drill intervals are reported as downhole intervals. Mineralized structures/hosts are generally steep dipping between 70 to 85 degrees. Refer to Appendix 1 for full details of Barrick/IAMGOLD reverse circulation and diamond drill holes and assay results.

Bambadji Project Location

The Bambadji Project is contiguous with the eastern margin of Fortuna’s Diamba Sud Gold Project (refer to Figure 1), which hosts Mineral Reserves containing 1.15 million ounces of gold with a final investment decision anticipated shortly. Bambadji comprises two properties covering approximately 190 km² and extending over approximately 60 kilometers of prospective strike, with established secondary roads providing direct access from Diamba Sud.

Figure 1: Property Location Map


Geology and Mineralization

The acquisition includes an extensive, high-quality exploration dataset comprising geochemical, geophysical, and lithological information, together with approximately 214,000 meters of historical auger, reverse circulation, and diamond drilling.

Historic drilling and fieldwork have identified several styles of gold mineralization across Bambadji, including analogues to the Diamba Sud breccia-style mineralization, Yalea sericite-albitite style, and the high-tourmaline Gara style. Across the project, at least eight significant drill-defined prospects have been identified, together with several highly prospective mineralized trends that remain open along strike and at depth. Historical drilling has generally been shallow and widely spaced, with several multi-kilometer gaps along these anomalous gold trends, providing clear targets for Fortuna’s initial exploration program.

2026 Exploration Program

Fortuna has approved an initial US$8 million exploration budget for Bambadji for the remainder of 2026, comprising 51,000 meters of reverse circulation and diamond drilling. Drilling is expected to commence in the third quarter.

The program is designed to improve confidence and definition across several advanced drill-defined targets located within a 20-kilometer radius of the proposed Diamba Sud plant site (refer to Figure 1). Eight priority targets have been identified for initial drilling, while generative exploration will continue in parallel to advance additional targets along the project’s highly prospective mineralized trends.

Transaction Terms

Pursuant to the terms of the definitive transaction agreements dated August 10, 2026 entered into between Fortuna and certain subsidiaries of Barrick and IAMGOLD (collectively, the “Sellers”), in consideration of the acquisition of the Bambadji Project, Fortuna paid US$200 million in cash from its treasury (US$130.35 million to a subsidiary of Barrick, and US$69.65 million to a subsidiary of IAMGOLD).

In addition, Fortuna has granted to the Sellers, a 0.5 percent net smelter return royalty on the first 1.75 million ounces of gold produced from the Bambadji Nord property (0.325 percent to a subsidiary of Barrick, and 0.175 percent to a subsidiary of IAMGOLD.

TD Securities acted as sole financial advisor to Fortuna with respect of the acquisition.

Quality Assurance & Quality Control (QA - QC)

The drill database extends back to 1993 with IAMGOLD, Anmercosa Exploration (a subsidiary of Anglo American Ltd), Ashanti Goldfields and Barrick (formerly Randgold) variously managing exploration across that period. The majority of drilling has been conducted since 2007 by Barrick (Randgold).

Industry standard practices were used throughout, reflecting the protocols of the day, however, not all can be verified.

Reverse circulation (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. 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 were retained and stored on-site at the company-controlled core yard, however not all samples have been retained due to age degradation.

Diamond drilling (DD) drill holes generally 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.

Since 2016, RC and DD samples were transported by company vehicle or commercial courier to SGS Laboratories in Mali (Bamako) or ALS Kedougou/Ouagadougou. Routine gold analysis using a 50-gram charge and fire assay with an atomic absorption finish was completed for all samples. Quality control procedures are noted as including the systematic insertion of blanks, duplicates and sample standards into the sample stream. In addition, the SGS laboratories insert their 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 sampling, analytical, and test data underlying the information or opinions contained herein by reviewing the methodologies described for sampling and analytical testing, assessing the results of QA – QC programs, validating the geochemical and geological databases and reviewing diamond drill core. The verification process identified that QA – QC data supporting some of the earlier historical drill results is more limited in nature with additional validation work including reassaying of samples and drilling of twin holes to be planned in future work programs for confirmation purposes.

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, Guinea, Guyana, 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 Director
Fortuna Mining Corp.

Investor Relations:

Carlos Baca | [email protected] | fortunamining.com | X | LinkedIn | YouTube | Instagram | TikTok

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 regarding the anticipated benefits of the Acquisition; timing of the final investment decision of Fortuna’s Diamba Sud Gold Project; the 2026 exploration program for Bambadji; the Mineral Resource estimates at Diamba Sud; the Company’s proposed exploration plans and timelines at Diamba Sud; potential for future resource growth at Diamba Sud; the Company’s business strategies, plans and outlook; the Company’s plans for its 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, Israeli – Hamas and Iran – Israel and United States 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, 2025. 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 Mineral Resources and Mineral Reserves

Technical disclosure regarding the Company’s properties included herein has 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. Canadian standards, including NI 43-101, differ from the requirements of the Securities and Exchange Commission, and information included herein may not be comparable to similar information disclosed by U.S. companies.

Appendix 1: Bambadji Project historic drill program details of the drill holes and assay results of significance

HoleIDEasting (WGS84_29N)Northing (WGS84_29N)ElevationEOH1 DepthUTM AzimuthDipDepth From (m)Depth To (m)Drilled Width (m)Au (ppm)Hole Type3AreaBADRC002237979141749912113890-500662.73RCBandiaBARC-215023813714180181138090-60748061.38RCBandia             BADD-20272377231417745115166124-45404660.93DDBandiasseBADD-20402376231417738115150101-59252941.85DDBandiasseBARC-208423771314176891137090-50852443.16RCBandiasse      including4042211.61RCBandiasseBARC-208523768414177131138090-50202661.08RCBandiasse       3870322.70RCBandiasseBARC-20912377121417743116700-90618121.84RCBandiasse       2236141.46RCBandiasse       4252100.67RCBandiasseBARC-20922377021417743116750-90630241.49RCBandiasse       4872241.09RCBandiasseBARC-20932376921417743116560-902036161.06RCBandiasseBARC-20942376821417743115560-903648121.03RCBandiasseBARC-20962377031417638113550-90404443.78RCBandiasseBARC-21012377221417743115560-901854361.84RCBandiasseBARC-215223770314177431168090-60416121.57RCBandiasse       2054341.72RCBandiasse       667261.13RCBandiasseBARC-215323767114177681148290-60364042.22RCBandiasse       6482180.75RCBandiasseBARC-215423770614177681138190-604624.22RCBandiasseBARC-215523763114177681158190-60727641.77RCBandiasseBQWRC010237669141740011810090-50272924.22RCBandiasseBQWRC012237780141796511610090-50465371.07RCBandiasse             BQERC01623845914188231155690-50223190.64RCBaqata East             BADD-20302379021418567124180.590-5094104102.28DDBaqata MainBADD-2031238017141856712715290-60101661.95DDBaqata Main       2644182.15DDBaqata Main       12012888.78DDBaqata Main      including124126224.40DDBaqata MainBADD-20322380471418567123.3316990-50010105.62DDBaqata Main      including24216.60DDBaqata Main       116130141.90DDBaqata Main       13414061.26DDBaqata MainBADD-2033238097141856712615190-50878923.57DDBaqata Main       10911560.85DDBaqata MainBADD-2034237992141861712813390-6061041.42DDBaqata Main       1626102.87DDBaqata Main       404662.15DDBaqata Main       9810023.33DDBaqata MainBADD-20352380771418617126161270-804151101.49DDBaqata Main       10510942.26DDBaqata Main       15516160.98DDBaqata MainBADD-2036238008141867012615490-50454722.96DDBaqata MainBADD-2036      717541.75DDBaqata MainBADD-20372381411418559126283279-5912312527.95DDBaqata Main      including123124114.90DDBaqata Main       13113431.79DDBaqata Main       13814463.00DDBaqata MainBADD-20382382001418560117424289-5716116432.36DDBaqata MainBARC-0001238015141858012754135-50354161.55RCBaqata Main       475471.17RCBaqata MainBARC-0002237995141860312850135-50324081.36RCBaqata MainBARC-0003237973141862712950135-50465042.08RCBaqata MainBARC-0004237948141864812750135-503244121.70RCBaqata Main      including3839115.33RCBaqata MainBARC-0007238075141867712575135-50132292.26RCBaqata Main      including1415111.91RCBaqata MainBARC-0008238058141868912351135-50435074.02RCBaqata Main      including4647118.34RCBaqata MainBARC-0009238120141862512981135-501935162.13RCBaqata Main      including3435116.52RCBaqata Main       6777102.19RCBaqata MainBARC-0010238074141877312250135-50222422.82RCBaqata MainBARC-0023237955141939112345135-50283462.17RCBaqata MainBARC-002623807214184431193390-50010100.92RCBaqata MainBARC-002723804214184431195190-504842.76RCBaqata Main       313761.21RCBaqata MainBARC-002823801114184451215790-5081359.82RCBaqata Main      including911219.45RCBaqata Main       4660141.14RCBaqata MainBARC-210223796714186321299290-50273142.76RCBaqata Main       515985.23RCBaqata Main      including5355212.80RCBaqata MainBARC-210523796214186171299790-55424862.23RCBaqata Main       566262.07RCBaqata Main       6684189.28RCBaqata Main      including6874625.46RCBaqata MainBARC-2106238042141861712487270-504679334.19RCBaqata Main       838742.84RCBaqata MainBARC-210723799214185661296690-50344280.77RCBaqata Main       4658122.52RCBaqata MainBARC-210823804814186521239690-452638122.48RCBaqata MainBARC-211423812314186321287090-50202441.66RCBaqata MainBARC-211923798714194331213790-6081242.34RCBaqata MainBARC-215623799614185031258190-60344281.71RCBaqata MainBARC-215723803614185031218090-60012121.42RCBaqata MainBARC-215823807614185031209690-600665.95RCBaqata Main      including46210.60RCBaqata MainBARC-2159237962141856612910290-5056102463.57RCBaqata Main      including5658214.48RCBaqata Main      and6264220.06RCBaqata MainBARC-216023802914185661259090-50630241.46RCBaqata Main       6490261.75RCBaqata MainBARC-2161237932141861712712090-6081680.70RCBaqata MainBARC-2162237887141867012410590-55929861.12RCBaqata MainBARC-216823795814184031189690-605870120.98RCBaqata MainBARC-2169237932141856612612090-508294121.89RCBaqata MainBARC-2170237957141859312912090-505464101.03RCBaqata MainBARC-2171237957141854312712090-5062118561.41RCBaqata MainBARC-2172237957141850312410390-602232100.78RCBaqata Main       7080101.37RCBaqata MainBARC-2173238059141856612311090-5010010882.14RCBaqata MainBQDH001237800141975711622190-55144.5146.526.67DDBaqata Main      including144.5145.5112.80DDBaqata Main       154.7162.37.62.21DDBaqata Main      including161.3162.3113.40DDBaqata MainBQDH002237840141939111820690-55105.3110.45.12.57DDBaqata Main       151.6162.0510.450.99DDBaqata MainBQDH005237800141857112230590-55161.05172.8511.80.72DDBaqata Main       178.2185.056.851.48DDBaqata Main       210221.211.20.70DDBaqata MainBQDH0062379201419348119185120-5091101.110.13.52DDBaqata Main       10811132.28DDBaqata MainBQDH0082378791419207122135135-5032.337.55.21.22DDBaqata Main       108117.559.551.99DDBaqata Main       127.761324.241.76DDBaqata MainBQDH0112375211418678122536110-50259263.64.67.02DDBaqata Main      including260260.90.926.09DDBaqata Main       415.3419.13.83.02DDBaqata MainBQDT0032376321419872118478110-50256.52257.50.9816.79RCDBaqata Main       345.85354.88.951.47RCDBaqata MainBQRC003237889141974711312290-50788022.86RCBaqata MainBQRC00423779814193281186090-50435181.28RCBaqata MainBQRC00623792214193911187890-502536110.58RCBaqata MainBQRC007237867141909612117890-504166250.83RCBaqata MainBQRC00823774714189441225490-60011112.82RCBaqata Main       162261.01RCBaqata MainBQRC009237675141894312213090-604647110.70RCBaqata MainBQRC010237973141875412116850-60536291.33RCBaqata Main       12813241.51RCBaqata MainBQRC011237888141892712310290-504841.89RCBaqata MainBQWRC001237740141953711616290-50747732.89RCBaqata Main       13714032.16RCBaqata MainBQWRC002237666141953311415090-5014514723.22RCBaqata MainBQWRC003237835141953111513090-50717872.59RCBaqata Main       11312071.19RCBaqata MainBQWRC00523789414195321149590-50808773.07RCBaqata Main      including8485112.00RCBaqata Main             BADD-20112391251423931107117.590-456173121.73DDBeyanord      including6162113.36DDBeyanord       85101161.37DDBeyanordBADD-20122390571423980107117.590-45100112120.67DDBeyanordBYRC0072391301422750110100270-501651.92RCBeyanordBYRC010239200142396010610090-50142390.84RCBeyanord       273471.13RCBeyanordBYRC011239130142396010510290-501324110.88RCBeyanord       7283112.53RCBeyanord      including8182111.00RCBeyanord       939962.53RCBeyanordBYRC012239060142396010710290-50798671.31RCBeyanord             BRRC0052344351405785133120195-50445170.71RCBoureya             BARC-003023482414283941574890-50454943.49RCDakota      including4849110.67RCDakota       758161.06RCDakotaBARC-203423496714283931648090-50142062.87RCDakota       748060.90RCDakotaBARC-203523501714283931658090-50505226.48RCDakotaDAKRC0012339631428731143110220-50959833.10RCDakotaDAKRC002234001142877814384220-501323.07RCDakotaDAKRC0072347861428091144108257-50909551.32RCDakotaDAKRC0152349671428503165111270-50622161.08RCDakotaDAKRC0202344621428553144100257-50747518.00RCDakotaDAKRC0212344071428538142103257-50687241.39RCDakotaDAKRC0222343451428524138110257-50101225.12RCDakota       222751.51RCDakotaDAKRC0302339331428686145100220-50151722.53RCDakotaPDB-00752350901428380166500-9091341.71RCDakota             DLRC001237799142969912315090-5013614151.23RCDialaDLRC015237496143010115912690-502131100.84RCDiala             BADD-2005236279143444313710690-45434743.10DDDjenebou       6579142.78DDDjenebou      including6769210.05DDDjenebouBADD-2006236114143344116112390-4581244.74DDDjenebou       465261.18DDDjenebouDJRC001236181143370116411490-50636524.72RCDjenebouDJRC002236200143380016112090-50263044.76RCDjenebou       697123.85RCDjenebouDJRC010236230143471014615090-506785181.13RCDjenebou       10410735.67RCDjenebouDJRC011236379143471814612090-50192233.56RCDjenebouDJRC013236268143455415215090-50454832.25RCDjenebou       808882.02RCDjenebou       111116514.63RCDjenebou      including112114232.15RCDjenebouDJRC014236210143455414917090-5014415282.12RCDjenebou       16216644.11RCDjenebou       164165111.40RCDjenebouDJRC016236240143444013515690-55879471.83RCDjenebouDJRC019236281143530511112690-5010410841.94RCDjenebouDJRC020236250143524211412090-50110120101.17RCDjenebouDJRC0232364301434440128110270-50546062.55RCDjenebou             KLRC00323678214343251204090-5057212.01RCDjenebou East      including56121.50RCDjenebou East       141954.21RCDjenebou EastKLRC00423676614343251205490-501732158.55RCDjenebou East      including1718116.70RCDjenebou East      and2426227.85RCDjenebou East      and2728118.90RCDjenebou East             FADH001235511143373815523060-50168.3176.17.82.25DDFatimaFARC001235664143372915916290-505276242.44RCFatima      including5253116.70RCFatimaFARC002235526143373415517090-5011011222.72RCFatimaFARC003235616143374715915090-50697893.12RCFatima       86108222.21RCFatima      including9798110.50RCFatima       132149171.25RCFatimaFARC012235518143380115515080-50113137243.12RCFatima      including118119111.80RCFatima      and126127111.90RCFatimaFARC013235589143381615811480-50233292.50RCFatimaFARC016235573143368114713080-50108110212.10RCFatima      including109110115.40RCFatimaFARC01723574814337031618080-50192126.32RCFatima      including1920112.10RCFatimaFARC019235650143381016210580-50737632.07RCFatimaFARC021235467143384415218080-5013213425.91RCFatima             FVRC002237321142849314710090-50253161.63RCFava             BARC-212323877214128651317490-601626100.63RCGefa Main       546286.89RCGefa Main      including6062222.16RCGefa MainBARC-2130238864141211811510790-60616981.00RCGefa Main       839181.78RCGefa MainBARC-213123889214121181156290-602438141.52RCGefa Main       4462181.87RCGefa MainBARC-213423892314121181166090-6021081.20RCGefa Main       2246240.90RCGefa MainBARC-213723875214127681346790-603343101.24RCGefa MainBARC-214423890014121681176090-601842241.54RCGefa MainBARC-214723889614120981136090-60384680.73RCGefa Main       5060102.24RCGefa MainBARC-214823892614120881166090-60052521.83RCGefa MainBARC-217723891314120661146790-60263041.63RCGefa Main       4062222.01RCGefa MainBARC-217823894614120661176090-601628121.29RCGefa Main       364041.25RCGefa MainBARC-2184238901141221812312290-60202881.05RCGefa MainBARC-2185238843141223112211690-60202442.39RCGefa MainGFDH001238884141210011313190-6047.558.110.62.11DDGefa Main       62.781.518.81.24DDGefa MainGFDH003238707141262012821090-50899890.77DDGefa Main       160.81676.20.83DDGefa MainGFDH007238868141205611416490-50513.78.71.92DDGefa Main       86.893.36.52.30DDGefa Main       106115.19.10.63DDGefa MainGFDH010238785141262113222490-507.915.87.91.68DDGefa Main       37.243.15.91.17DDGefa Main       53.462.258.850.78DDGefa Main       147.75155.858.11.24DDGefa MainGFDT001238574141263812747990-50458.4469.210.83.63RCDGefa Main      including458.4459.20.822.00RCDGefa MainGFRC02923870614099011368290-50263373.06RCGefa Main      including2627110.70RCGefa MainGFRC04123881614116991295490-50232744.03RCGefa Main      including2324111.40RCGefa MainGFRC04623875914135001245890-50162370.79RCGefa MainGFRC09523888914124661296090-50722150.70RCGefa MainGFRC10323895414123501285490-50283132.18RCGefa MainGFRC107238772141262013212490-505466121.40RCGefa MainGFRC108238801141262113212690-5071361.25RCGefa Main       96117211.04RCGefa MainGFRC112238742141262013112090-504672261.28RCGefa MainGFRC132238941141186011910090-50586025.20RCGefa MainGFRC133238899141197211313090-604244213.22RCGefa Main       4344125.38RCGefa MainGFRC135238709141276813116290-50434741.44RCGefa Main             GFNRC00223876114130041359590-50485461.54RCGefa NorthGFNRC003238691141350012917490-50123124148.62RCGefa North             GFDH004238760140990113412590-507.216.79.50.84DDGefa SouthGFRC00723861714094971215490-50619131.31RCGefa SouthGFRC00823864914095011235490-50222641.94RCGefa South       455162.79RCGefa SouthGFRC00923867914095031235490-50212542.30RCGefa SouthGFRC02423874714097001285490-50283681.39RCGefa SouthGFRC03123879114099011356690-504149814.70RCGefa South      including4143250.60RCGefa SouthGFRC03323885414103001425490-5061480.64RCGefa SouthGFRC03623889914107001496990-50172692.19RCGefa SouthGFRC03823885014111011448490-50566370.75RCGefa SouthGFRC08023910414091001225490-505618.31RCGefa SouthGFRC08923909414095011315490-503748110.70RCGefa SouthGFRC113238595140930211812690-50637071.91RCGefa SouthGFRC114238665140930011711490-502316.74RCGefa South       626532.89RCGefa SouthGFRC119238789140980113310090-501445312.73RCGefa South      including2122119.00RCGefa South      and4344110.30RCGefa South       768260.98RCGefa SouthGFRC121238790140999913612690-50838851.40RCGefa SouthGFRC122238811141050014510090-50394560.86RCGefa SouthGFRC12323888414105001478090-50142170.91RCGefa SouthGFRC124238829141089814612590-50788023.79RCGefa SouthGFRC127238737140979813116290-50404441.39RCGefa South       105116111.91RCGefa SouthGFSDH001238564140974812944390-50263.2264.10.919.26DDGefa South             BADD-20452372051431369131193101-61303115.13DDKabatea       767822.70DDKabatea       12312523.25DDKabateaKBRC-007423712514317461327590-501527121.75RCKabateaKBTDH002237080143134513231765-50165170.25.21.40DDKabateaKBTRC0092373111431420129108270-5055102473.76RCKabatea      including5658219.90RCKabatea      and5962314.00RCKabateaKBTRC011237216143142313111090-505587324.08RCKabatea      including7072231.10RCKabatea      and7374118.90RCKabateaKBTRC012237185143138813214070-5098116182.32RCKabateaKBTRC01723704714315251359070-50414433.96RCKabatea      including4142110.90RCKabateaKBTRC019237147143156113811070-504860120.94RCKabateaKBTRC021236963143164913418670-505253112.40RCKabatea       172186141.33RCKabatea      including172173112.20RCKabateaKBWDH001236745143197113910070-5099.6105.255.653.41DDKabatea       142.8144.541.744.58DDKabatea       191.73207.2215.490.85DDKabatea             KLRC02923652814327491476690-60343842.88RCKabatea WestKLRC03023645114320671427890-50465260.97RCKabatea WestKLRC03123646414316241366690-50495342.51RCKabatea West             DHB-0001234760143076815317690-50303991.18DDKabewest       707771.21DDKabewestDHB-00022348421430773152176270-501118.57.54.26DDKabewest       2341183.54DDKabewest      including2627.51.511.07DDKabewestDHB-00032349441430768150227270-5027.533.562.01DDKabewestDHB-00042350391430768153176270-50029291.58DDKabewest       434525.94DDKabewest       6671.745.748.99DDKabewest      including69.4870.120.6446.59DDKabewest       75120451.97DDKabewest      including99100111.14DDKabewest       131160290.90DDKabewestKB96-0013234996143073115413345-504.817.712.95.29DDKabewest      including11.3912.71.3127.10DDKabewest       40.541.561.061075.00DDKabewestKB96-0014234937143076615015190-50728211.89DDKabewest       3451171.06DDKabewest       82129471.66DDKabewestKB96-00152349841430853153193225-50141735.09DDKabewest      including1617112.00DDKabewestKB96-00162349161430919152190225-5031071.00DDKabewest       1948291.89DDKabewest      including4344111.33DDKabewest       525971.08DDKabewest       91105141.34DDKabewest       10911231.89DDKabewest       133161280.58DDKabewestKB96-00172348351430987151181225-50152153130.26DDKabewestKB96-00192350711430969155195270-50910.51.55.68DDKabewest       3246141.10DDKabewest       7285130.85DDKabewest       9310290.87DDKabewest       123133100.98DDKabewestKB96-0021234787143082415018790-5010611481.46DDKabewest       14615152.11DDKabewest       18018551.09DDKabewestKB96-00222350471430811153220270-50104132280.95DDKabewest       186200141.02DDKabewest       210220101.36DDKabewestKB96-00242351191430768153214270-5011411843.41DDKabewest       14315180.79DDKabewest       186203171.07DDKabewestKBRC-005023489414308681514190-503851.78RCKabewest       293891.56RCKabewestKBRC-005123484914308771504890-501737201.94RCKabewest       2930111.06RCKabewestKBRC-005223480114308781504290-50142281.46RCKabewestKBRC-005323474814308821505190-501126153.02RCKabewest      including1213112.67RCKabewestKBRC-005423494514306821585790-50323970.87RCKabewestKBWDH0032349221430707156191135-55130.3137.87.51.07DDKabewest       141.251497.751.74DDKabewestKBWDH0052346431430993150242135-50119.2131.612.40.86DDKabewest       138.8149.310.54.24DDKabewest      including148.2149.31.118.00DDKabewest       160.3163.3313.26DDKabewest      including160.3161.41.131.90DDKabewestKBWDH0062350521431274159248135-5065.466.30.99.08DDKabewest       88.8141.752.92.12DDKabewestKBWDH007234800143065016030290-50269273.74.72.32DDKabewestKBWDH0112349001430883152320130-5051052.30DDKabewest       133.314612.70.89DDKabewest       150.116514.91.15DDKabewest       168.819122.20.87DDKabewest       196.3206.910.60.72DDKabewest       213237244.37DDKabewest      including226228212.20DDKabewest       243262.219.21.62DDKabewest       269.6282.312.71.51DDKabewestKBWDH0122349531430816152197130-5062.363.51.26.65DDKabewest       88.1107.519.40.83DDKabewest       110.913726.13.11DDKabewest      including132133112.50DDKabewestKBWDH0142349961430775151140135-50131632.05DDKabewest       29.231.223.46DDKabewestKBWDH0152351621430821155296320-50148150.82.82.86DDKabewestKBWDH0162351131430766153305310-50250.826413.20.74DDKabewestKBWDH0192351381430699154347315-50284.6290.660.91DDKabewest       300.1312.212.10.50DDKabewestKBWDH0202348861430841150296135-5095.6100.44.81.23DDKabewest       104110.86.81.51DDKabewest       137.915618.12.88DDKabewest      including150.3151.71.411.70DDKabewest       185.9190.44.51.28DDKabewest       199232332.27DDKabewest       239.1248.89.74.84DDKabewest      including244245.21.218.40DDKabewestKBWDH0222348091430960150475135-508086.66.61.11DDKabewest       92.2111.2191.44DDKabewest       117141.124.11.25DDKabewest       165.1167.92.84.39DDKabewest      including167167.90.912.90DDKabewest       172.4185.312.90.51DDKabewest       258266.358.350.70DDKabewest       313.432511.61.07DDKabewest       351.5354.93.41.93DDKabewest       359.6364.652.96DDKabewest       424.2435.2511.055.32DDKabewest      including434.15435.251.119.20DDKabewestKBWDH023234511143177014629190-50288.152890.8515.33DDKabewestKBWDH0242347471430714156506105-50348.153490.8512.91DDKabewestKBWDH0262345901430965151728120-5045646151.16DDKabewestKBWDT0172350101431319157285135-50247.5252.551.86RCDKabewest       257.3268.110.84.05RCDKabewest      including258.3260.3212.05RCDKabewestKBWDT0722349391431048154254135-5016717143.84RCDKabewestKBWRC0012349231430706156160135-55135160252.88RCKabewestKBWRC0022349651430666158144135-559810351.24RCKabewestKBWRC0032348351430795151100135-501123122.04RCKabewest      including1718111.90RCKabewest       3357241.33RCKabewestKBWRC0042347931430837150120135-506681151.15RCKabewestKBWRC0052347351430891150120135-50556492.47RCKabewest       707880.70RCKabewest       10010770.93RCKabewestKBWRC0062346871430938149150135-50192892.04RCKabewest       6576110.67RCKabewest       107121141.01RCKabewest       126150241.43RCKabewestKBWRC007234645143089415315090-5014515051.45RCKabewestKBWRC0092350101430974155150135-50121422.66RCKabewest       3068380.92RCKabewest       728190.65RCKabewest       12212422.55RCKabewest       14214751.62RCKabewestKBWRC0102349691431016154120135-506393301.88RCKabewest      including8990111.20RCKabewestKBWRC0182350521431273159150135-5090118281.71RCKabewest       123140173.24RCKabewestKBWRC0192351051431219160120135-50202880.63RCKabewestKBWRC0382347951430980150162135-50136152162.01RCKabewestKBWRC038      145146112.00RCKabewestKBWRC0392348601430920151160135-5071580.80RCKabewest       2866380.90RCKabewest       7591160.59RCKabewest       15316071.67RCKabewestKBWRC0522350951431343158100110-50121532.16RCKabewestKBWRC0602350321431065156180135-50128138100.70RCKabewestKBWRC0612351001430995155156135-501323101.31RCKabewestKBWRC061A235091143100215567135-50172691.93RCKabewestKBWRC063235020143005117918090-50242624.63RCKabewestKBWRC0742349361430946154180135-50142153111.00RCKabewestKBWRC0752349931430886154108135-50550452.34RCKabewest       7085150.88RCKabewestKBWRC0762350761431144159180135-50465041.40RCKabewest       546171.15RCKabewest       9910452.16RCKabewestKBWRC0782338641430454178120120-50162261.04RCKabewestPDB-00862347911430774153500-902443194.38RCKabewest      including3839112.00RCKabewestPDB-01182349941430768151500-90182461.80RCKabewest       3143121.00RCKabewest             KCDH0032412001432261127270270-50175.31815.70.88DDKach       186.1196.210.10.55DDKachKCRC0032410981432620130111270-502236141.41RCKachKCRC004241086143302113951270-500661.33RCKach       263158.77RCKach      including2728126.60RCKachKCRC005241114143302014175270-50293342.66RCKach       566043.58RCKach      including5657112.80RCKachKCRC0062411561432620127126270-50768372.12RCKachKCRC0072411351432579126150270-504860124.08RCKach      including5254220.90RCKach       697671.16RCKachKCRC0082410951432679129100270-502936715.22RCKach      including2932333.33RCKachKCRC0092411551432681131150270-50949951.31RCKachKCRC0122411141432833129146270-502838100.53RCKach       454942.04RCKachKCRC0202411811432250126174270-5016417391.13RCKachKCRC0232414071432447135100270-50283462.95RCKach             BADD-2007235809143075015715490-4511512051.75DDKatiaBARC-202923572314291441606590-502941122.81RCKatia             KBRC-003323685914367431108990-50323641.40RCKolyaKBRC-003423691514367431097590-500445.32RCKolya      including12114.19RCKolyaKBRC-003523695514367451076390-50151723.06RCKolya       262932.51RCKolyaKBRC-003623680114367411185090-50263260.87RCKolyaKBRC-003723676614367351205590-50303223.38RCKolya       444953.95RCKolyaKBRC-0037      4748110.24RCKolyaKLDH0012368491436809111151128-5155.665.49.81.27DDKolya       69.4733.61.98DDKolya       8385.22.24.88DDKolyaKLRC01123676814366261234990-50172251.53RCKolyaPDB-01262368901436745109500-900661.65RCKolya       192890.61RCKolya       434528.43RCKolya      including4344114.67RCKolya             BADD-2016237537143289413122190-5014915670.74DDLatifa       16917561.37DDLatifa       210220101.11DDLatifaBADD-2018237405143312614115190-50566480.78DDLatifaBADD-20412379001433110130301286-604462181.35DDLatifaDHB-00072376111433521139173270-5090.893.442.644.01DDLatifaKBRC-000123790014332501338090-505860213.36RCLatifa      including5960119.47RCLatifaKBRC-000223784814332561358090-50374251.05RCLatifaKBRC-000323779514332571369990-503663271.70RCLatifa       859380.83RCLatifaKBRC-0004237765143326413812090-505666100.97RCLatifa       8898101.65RCLatifa       10410841.64RCLatifaKBRC-002623796914343161213990-50212322.58RCLatifaKBRC-003823759614333451429090-50707551.39RCLatifaKBRC-004323768914328861326390-50495560.94RCLatifaKBRC-0045237594143288613511790-5087107203.62RCLatifa       11111651.17RCLatifaKBRC-006523777414331081356390-50415091.10RCLatifaKBRC-006623772514331101356590-50293232.29RCLatifaKBRC-006723768914331111339990-507499252.59RCLatifa      including8687111.90RCLatifaKBRC-006823768214327231285790-50324082.92RCLatifa       465041.97RCLatifaKBRC-006923763114327251319090-503634.26RCLatifaKGRC005237640143361914413290-50011112.80RCLatifa      including910114.80RCLatifaKGRC006237610143361914015090-50576031.75RCLatifa       10810915.58RCLatifaLFDH0012379441433320138161270-5028.7537.829.073.02DDLatifa      including28.75301.2510.40DDLatifa       82.598.215.70.62DDLatifaLFDH002237711143325714023090-50159.117313.90.72DDLatifaLFDH0042372111432982161644110-50419.8437.617.82.59DDLatifa      including429430111.50DDLatifaLFDH0052374821433397135494115-50383.4384.20.87.21DDLatifaLFRC002237818143331914114090-553455210.99RCLatifa       10711360.88RCLatifaLFRC007237926143350015610090-5081025.33RCLatifa       152160.92RCLatifa       5162110.58RCLatifaLFRC01223758314326191258090-50626971.32RCLatifaLFRC01323766014326201267590-50374251.83RCLatifaLFRC014237931143389714313090-50425191.70RCLatifa      including4950110.70RCLatifaLFRC017237396143288813516890-50222533.33RCLatifaPDB-00972373551432727131500-901215.99RCLatifa             KRRC017237808142669913810090-50313760.84RCMadina 1MADRC0022387231426654117132330-50272922.92RCMadina 1MADRC0072389031426757109160330-505670147.25RCMadina 1      including6364122.80RCMadina 1      and6566124.20RCMadina 1      and6769218.50RCMadina 1             MADDH0052392471428505105179290-5066.171.45.32.30DDMadina 5             MNDH0042396891428002105266270-5021722251.33DDMadina East             MLKRC00923852714172921375490-505722.87RCMalikiMLKRC01823883414158991576090-50303880.70RCMaliki             MNDH0012389831433254126219268-50174.4184.610.20.62DDMananordMNDRC0052390181432538140150270-50485022.61RCMananord       11812351.18RCMananordMNDRC0062389211432858141100270-50162151.76RCMananordMNDRC0072389961432858135156270-50939741.42RCMananordMNDRC0142389501434243107110270-50333415.95RCMananord       4052121.14RCMananord             WKRC0022398471433262131100270-50667371.10RCMananord East             MRRC0052402291418591115100270-50647170.72RCMariama             SATRC019235973139922613310590-50566155.90RCSatadougou      including5657122.30RCSatadougouSATRC024236333140022412110290-50131852.94RCSatadougouSATRC025236390140022312013290-50596127.02RCSatadougou      including5960110.20RCSatadougouSATRC03123516013996201435090-50182571.27RCSatadougouSATRC03823591014002231236090-502324117.90RCSatadougouSATRC040236471140022112011490-509810351.61RCSatadougouSATRC042236440140041812013490-5098111130.96RCSatadougouSATRC04423618413998201237090-50565931.68RCSatadougouSATRC057235100139961914416890-50131961.18RCSatadougouSATRC0582352381399820138120120-50606773.38RCSatadougou      including6162113.79RCSatadougou       7284120.92RCSatadougou             KRRC005238250142550211715090-50141731.71RCSoya       103113101.27RCSoyaSYDH0012385521425250114146330-506295.933.93.12DDSoya      including7475113.70DDSoya      and8386313.33DDSoyaSYDH0022384901425080115230310-60146154.88.80.67DDSoya       158.8168.8101.00DDSoyaSYRC0012385271425294115114330-503158271.97RCSoya      including5556118.00RCSoyaSYRC0042385541425215114140270-5011912890.88RCSoyaSYRC0052385091425217115136270-50828751.16RCSoya       12312853.35RCSoya       123124114.00RCSoyaSYRC0062385091425245115140320-50617090.72RCSoya       828532.31RCSoyaSYRC0082385421425206115162320-60101117161.47RCSoyaSYRC0092384301425133115156310-60838855.05RCSoya      including8485110.00RCSoya       10210752.02RCSoya       11111871.34RCSoyaSYRC0132381861425447118154100-50122142201.17RCSoyaSYRC0152383491425385115150110-50818218.51RCSoyaSYRC0162383241425724117160110-50333961.31RCSoyaSYRC0172382561425754118150110-504858101.86RCSoya             BARC-204223718714343401252090-600881.27RCWariBARC-204523713914343401229790-506072120.70RCWariBARC-205023719114341571302090-60020201.24RCWariBARC-205123718114341571282090-600441.97RCWari       142064.44RCWariBARC-205423720514340971192090-60018181.28RCWariBARC-205523719514340971192090-60020201.02RCWariBARC-205723719814340431212090-60162041.36RCWariBARC-205823720814340431212090-60420161.69RCWariBARC-206323718914341921333090-60020201.60RCWariBARC-206423717914341921312090-60620141.36RCWariBARC-206523716914341921302090-6081681.89RCWariBARC-206723718314342411322090-601020102.17RCWariBARC-206823719314342411342090-60121861.84RCWariBARC-206923716714342911272090-60101881.20RCWariBARC-208223721714339181242090-600882.23RCWariDHB-0005237414143353513617390-50109.4121.4121.78DDWariKBRC-001223734614338251268090-503435111.26RCWariKBRC-001323724514338241318090-503762250.74RCWariKBRC-001423730014338241286390-50012120.74RCWariKBRC-001523719214338241279190-50849171.74RCWariKBRC-004223736514333071518590-50162480.94RCWari       6575100.77RCWariPDB-00962374641433529134500-900773.70RCWariWADH002237233143359112819160-5584.295.2111.35DDWariWARC001237351143364812815055-50222423.23RCWariWARC004237402143357813315070-50283794.05RCWari      including3536110.90RCWariWARC006237384143345014318690-5017718580.81RCWariWARC007237314143341214513290-5011612481.33RCWariWARC008237310143335414712590-502348251.02RCWariWARC009237386143335614913090-50132290.69RCWariWARC010237126143410411814790-5012313291.17RCWariWARC01123717914339191249090-50768261.38RCWariWARC013237256143311714815090-5012612822.58RCWariWRDH001237040143419411826790-50213.5214.71.25.38DDWariWRDH002237106143383012926490-5017417517.52DDWari             BADD-2002232923142432413615940-45101125240.60DDWestkourouBADD-2014232852142440513915640-45117160.74DDWestkourou       455381.07DDWestkourou             PDB-01112384791430516119300-9031075.07RCZonze      including78123.83RCZonze

Notes:
1. EOH: End of hole
2. Depths and widths reported to nearest significant decimal place
3. RC: reverse circulation drilling | DD: diamond drilling tail

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e92feeb0-35d5-49e7-9256-28336e347e66

A PDF accompanying this announcement is available at http://ml.globenewswire.com/Resource/Download/86c5ba28-b851-434c-bd7c-72cb3552214e


Risks

  • Exploration and development risks include potential variability in mineral resources and reserves, geological complexity, and uncertainty in capital and operating costs impacting project economics.
  • Political and regulatory risks in Senegal and West Africa including potential changes in mining laws, permits, and community relations that could affect operations.
  • Market risks such as fluctuations in gold prices and global economic and geopolitical uncertainties (e.g., ongoing conflicts) may impact the company's financial performance and project viability.

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