Fortuna Mining Receives Notice Of Admissibility For Its Diamba Sud Exploitation Permit Application From Senegal, Anticipates Federal Internal Nod Process For Final Exploitation Permit To Be Completed During Q4

Fortuna Mining Corp. (NYSE:FSM, TSX:FVI) is pleased to provide an update on its progress at the Diamba Sud gold project, Senegal.

Fortuna is pleased to report that it received the Notice of Admissibility for its Diamba Sud Exploitation Permit application from Senegal’s Ministry of Mines and Geology on November 2, 2026, following initiation of the application process in February 2026. The notice confirms that the Ministry has completed the review of the application documentation, and the file complies with all regulatory requirements, marking an important final step toward the granting of the Exploitation Permit. The Company and the Ministry have worked constructively to advance the application to this stage. With this milestone completed, the Company now expects the Government´s internal approval process for the final Exploitation Permit to be completed during the fourth quarter of 2026.