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KOULA – FORTUNA’S FIRST HIGH-GRADE DISCOVERY

Long Section – looking west

▪ Identified through
reconnaissance mapping and
sampling in August 2020.

▪ Discovery hole (SGRC854)
returned 12m @ 32.1 g/t Au.

▪ Open pit Reserves of 1.2Mt
@ 6.5 g/t Au for 243,000
ounces.
▪ Remains open down-plunge,
with numerous high-grade
intercepts outside the current
Resource envelope.

▪ New hangingwall lode
identified in August 2021 –
11m @ 19.8 g/t Au in
SGRD1209.
▪ Investigating U/G potential,
including optimal transition
from open pit to U/G.