Fortuna produced 72,462 gold equivalent ounces (GEO) for the third quarter of 2025. Strong performance coming from Lindero, Fortuna’s mine located in Salta province.
By Panorama Minero
Fortuna production reached 72,462 ounces compared to 73,123 gold equivalent ounces (GEO) in Q3 20241 and 71,229 GEO in Q2 2025. Consolidated GEO production for the first nine months of 2025, including the Yaramoko Mine, totaled 251,871 ounces.
Lindero Mine
Mining
Mining operations delivered the highest quarterly production of the year, in line with management’s annual mine plan. Lindero mined 1.50 million tonnes of ore, maintaining a low strip ratio of 1.9:1. A total of 1.70 million tonnes of ore were placed on the leach pad at an average head grade of 0.60 g/t Au, containing an estimated 32,775 ounces of gold. Total ounces placed on the leach pad this quarter are comparable to the previous quarter, reflecting stable production levels.
Processing
Lindero produced 24,417 ounces of gold during the quarter, including 23,001 ounces in doré bars, 1,325 ounces in rich fine carbon, and 91 ounces in copper precipitate.
The 4 percent increase in production compared to the second quarter was driven by a 5 percent higher gold grade and recovery of inventory from the leach pad. Production remains in line with the planned mining and stacking sequence.
Project updates
Optimization of the crushing circuit led to an average throughput of 1,061 tonnes per hour (tph), 8 percent above 2024 average. In June, average throughput peaked at 1,093 tph.
Year-to-Date Production
Lindero produced a total of 68,288 ounces of gold in the first nine months of 2025.
