Fortuna Mining Corp. (NYSE:FSM) is one of the best Canadian gold stocks according to hedge funds. The company reported a 53% increase in indicated mineral resources at the Diamba Sud Gold Project in Senegal, with 724,000 ounces of gold. Inferred resources also increased by 93% to 285,000 ounces.

The updated resource estimate includes new figures for the Southern Arc and Moungoundi deposits, totaling 225,000 ounces of gold across seven deposits. The data is based on drilling from July 2024 to July 2025, comprising 243 drill holes totaling 31,652 meters. Fortuna Mining is working on a Preliminary Economic Assessment (PEA) for Diamba Sud, set for completion in Q4 2025.

Fortuna Mining Corp. (NYSE:FSM) is a Canadian mining company operating gold and silver properties in Latin America and West Africa. The company’s main assets include the Lindero gold mine in Argentina, the Séguéla gold mine in Côte d’Ivoire, and the San Jose silver-gold mine in Mexico. Their products include gold bullion and silver concentrate extracted from mining operations.

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Read more at Yahoo Finance: Fortuna Mining (FSM) Boosts Diamba Sud Resources by 53% Ahead of Q4 Preliminary Economic Assessment