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Perseus Mining Provides Update on Yaoure Mine in Cote d'Ivoire

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Perseus Mining (PRU.TO) on Friday said it is advancing a series of organic growth projects at its Yaoure gold mine in Cote d'Ivoire, supported by ongoing resource definition drilling and plans to invest in exploration during fiscal 2027.

The company said drilling at the CMA underground deposit and along strike and at depth of existing mining areas has strengthened confidence in extending the mine's life. Extension drilling at the CMA underground and exploration beyond the mine boundary at the CMA Southwest and ROZA deposits also returned encouraging results, indicating potential to expand mineral resources.

Perseus said the Yaoure open pit identified 24% more contained metal over the six months to March than predicted by its reserve model, while fiscal 2027 work will focus on converting inferred resources to support future open-pit mine life extensions.

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