Fortitude Gold Drills 7.62 meters Grading 2.14 g/t gold within 21.34 meters Grading 1.23 g/t gold at East Camp Douglas Lithocap
Fortitude Gold Corp. (OTCQB:FTCO) has reported significant oxide gold drill intercepts from its East Camp Douglas property's lithocap target in Mineral County, Nevada. The highlights include a notable intersection in Hole ECDRC-351 with 21.34 meters grading 1.23 g/t gold, including 7.62 meters grading 2.14 g/t gold.
Additional significant intercepts were reported in multiple holes: ECDRC-352 with 9.14m of 0.54 g/t gold, ECDRC-354 with 13.72m of 0.53 g/t gold and 6.10m of 0.52 g/t gold, and ECDRC-357 with 12.19m of 0.59 g/t gold including 1.52m of 1.07 g/t gold.
The company has submitted an Exploration Plan of Operations on January 29, 2025, which, when approved, will expand their exploration area from the current 5 acres to approximately 25 acres in Phase 1, with potential for up to 150 acres total.
Fortitude Gold Corp. (OTCQB:FTCO) ha riportato significativi intercetti di oro ossidato dal target lithocap della sua proprietà East Camp Douglas nella contea di Mineral, Nevada. Tra i punti salienti si distingue un'intersezione notevole nel foro ECDRC-351 con 21,34 metri che mostrano un grado di 1,23 g/t di oro, inclusi 7,62 metri con un grado di 2,14 g/t di oro.
Ulteriori intercetti significativi sono stati riportati in più fori: ECDRC-352 con 9,14 m di 0,54 g/t di oro, ECDRC-354 con 13,72 m di 0,53 g/t di oro e 6,10 m di 0,52 g/t di oro, e ECDRC-357 con 12,19 m di 0,59 g/t di oro, inclusi 1,52 m di 1,07 g/t di oro.
L'azienda ha presentato un Piano di Operazioni di Esplorazione il 29 gennaio 2025, che, una volta approvato, espanderà la loro area di esplorazione dagli attuali 5 acri a circa 25 acri nella Fase 1, con un potenziale totale di fino a 150 acri.
Fortitude Gold Corp. (OTCQB:FTCO) ha reportado intersecciones significativas de oro óxido en el objetivo lithocap de su propiedad East Camp Douglas en el condado de Mineral, Nevada. Los aspectos destacados incluyen una intersección notable en el pozo ECDRC-351 con 21.34 metros que muestran un grado de 1.23 g/t de oro, incluyendo 7.62 metros con un grado de 2.14 g/t de oro.
Se reportaron intersecciones adicionales significativas en múltiples pozos: ECDRC-352 con 9.14 m de 0.54 g/t de oro, ECDRC-354 con 13.72 m de 0.53 g/t de oro y 6.10 m de 0.52 g/t de oro, y ECDRC-357 con 12.19 m de 0.59 g/t de oro, incluyendo 1.52 m de 1.07 g/t de oro.
La empresa presentó un Plan de Operaciones de Exploración el 29 de enero de 2025, que, una vez aprobado, ampliará su área de exploración de las actuales 5 acres a aproximadamente 25 acres en la Fase 1, con un potencial total de hasta 150 acres.
Fortitude Gold Corp. (OTCQB:FTCO)는 네바다주 미네랄 카운티의 East Camp Douglas 소유지에서 리토캡 목표에 대한 중요한 산화 금 드릴 인터셉트를 보고했습니다. 주요 사항으로는 ECDRC-351 구멍에서 21.34미터의 1.23 g/t 금이 포함된 주목할 만한 교차점이 있으며, 7.62미터의 2.14 g/t 금도 포함되어 있습니다.
추가로 여러 구멍에서 중요한 인터셉트가 보고되었습니다: ECDRC-352는 9.14m의 0.54 g/t 금, ECDRC-354는 13.72m의 0.53 g/t 금과 6.10m의 0.52 g/t 금, ECDRC-357은 12.19m의 0.59 g/t 금을 포함하며 1.52m의 1.07 g/t 금도 포함되어 있습니다.
회사는 2025년 1월 29일에 탐사 운영 계획을 제출하였으며, 승인될 경우 현재 5에이커에서 약 25에이커로 탐사 지역을 확장할 예정이며, 총 150에이커까지의 잠재력이 있습니다.
Fortitude Gold Corp. (OTCQB:FTCO) a rapporté des intercepts significatifs d'or oxydé provenant de la cible lithocap de sa propriété East Camp Douglas dans le comté de Mineral, Nevada. Les points forts incluent une intersection notable dans le trou ECDRC-351 avec 21,34 mètres affichant une teneur de 1,23 g/t d'or, y compris 7,62 mètres affichant une teneur de 2,14 g/t d'or.
D'autres intercepts significatifs ont été rapportés dans plusieurs trous : ECDRC-352 avec 9,14 m de 0,54 g/t d'or, ECDRC-354 avec 13,72 m de 0,53 g/t d'or et 6,10 m de 0,52 g/t d'or, et ECDRC-357 avec 12,19 m de 0,59 g/t d'or, y compris 1,52 m de 1,07 g/t d'or.
L'entreprise a soumis un Plan d'Opérations d'Exploration le 29 janvier 2025, qui, une fois approuvé, étendra sa zone d'exploration des 5 acres actuels à environ 25 acres lors de la Phase 1, avec un potentiel total pouvant atteindre 150 acres.
Fortitude Gold Corp. (OTCQB:FTCO) hat bedeutende Oxidgold-Bohrabschnitte von seinem Lithocap-Ziel auf dem East Camp Douglas Grundstück im Mineral County, Nevada, gemeldet. Zu den Highlights gehört eine bemerkenswerte Schnittstelle im Bohrloch ECDRC-351 mit 21,34 Metern mit einem Gehalt von 1,23 g/t Gold, einschließlich 7,62 Metern mit einem Gehalt von 2,14 g/t Gold.
Zusätzliche signifikante Abschnitte wurden in mehreren Löchern berichtet: ECDRC-352 mit 9,14 m von 0,54 g/t Gold, ECDRC-354 mit 13,72 m von 0,53 g/t Gold und 6,10 m von 0,52 g/t Gold sowie ECDRC-357 mit 12,19 m von 0,59 g/t Gold, einschließlich 1,52 m von 1,07 g/t Gold.
Das Unternehmen hat am 29. Januar 2025 einen Erkundungsbetriebsplan eingereicht, der, wenn genehmigt, die Erkundungsfläche von derzeit 5 Acres auf etwa 25 Acres in Phase 1 erweitern wird, mit dem Potenzial für insgesamt bis zu 150 Acres.
- High-grade gold intercepts discovered in multiple drill holes
- Potential new vent breccia unit identified with significant gold mineralization
- Pending expansion of exploration area from 5 to 150 acres total
- Results were backlogged at assay lab indicating potential delays
- Exploration expansion plans still pending regulatory approval
COLORADO SPRINGS, CO / ACCESS Newswire / March 26, 2025 / Fortitude Gold Corp. (OTCQB:FTCO) (the "Company") announced multiple oxide gold drill intercepts from its East Camp Douglas property's lithocap target, located in Mineral County, Nevada. Intercepts include 21.34 meters grading 1.23 grams per tonne (g/t) gold, including 7.62 meters grading 2.14 g/t gold. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A. offering investors exposure to both gold production and dividend yield.
East Camp Douglas lithocap drill highlights include (m=meters, g/t=grams per tonne) (full drill table below):
Hole# ECDRC-351:
21.34 m of 1.23 g/t gold
incl.
7.62 m of 2.14 g/t gold
Hole# ECDRC-352:
9.14 m of 0.54 g/t gold
Hole# ECDRC-354:
13.72 m of 0.53 g/t gold, and
6.10 m of 0.52 g/t gold
Hole# ECDRC-357:
12.19 m of 0.59 g/t gold
incl.
1.52 m of 1.07 g/t gold
These latest East Camp Douglas lithocap drill results that were backlogged at the assay lab intercepted multiple intervals of oxide gold mineralization. They build on the Company's March 2024 drill results where 12.19 meters intercepted 2.90 g/t gold, including 3.05 meters grading 5.57 g/t gold.
The Company submitted an Exploration Plan of Operations / Nevada Reclamation Permit application on January 29, 2025, to the Bureau of Land Management and Nevada Division of Environmental Protection Bureau of Regulation and Reclamation for the East Camp Douglas property. This exploration permit is expected to open approximately 25 acres for exploration drilling under Phase 1 of a multiphase authorization (for a total of 150 acres), which includes the lithocap area, as well as the East and West White Rock Springs targets located on the northern portion of the property. This Exploration Plan of Operations, when granted, would allow exploration efforts beyond the current Notice of Intent (NOI) drill permits that limit exploration to just five acres.
"This new high-grade gold zone is one of many exciting, mineralized zones within the lithocap on the southern half of our East Camp Douglas property," stated Mr. Allan Turner, Vice President of Exploration for Fortitude Gold. "Hole ECDRC-351 potentially represents a vent breccia unit with over 21 meters, or 60 feet, of 1.23 grams per tonne gold, including 7.62 meters of 2.14 grams per tonne gold. We are pursuing an Exploration Plan of Operations for more flexibility, optionality, and greater exploration acreage with our drill programs, and once approved, we will be authorized for up to 150 acres of exploration and pre-feasibility related surface disturbance."
"Our massive lithocap at East Camp Douglas has delivered exciting surface and near surface high-grade gold mineralization in numerous zones, and this new high-grade breccia zone adds to the critical mass building at this large target," stated Mr. Jason Reid, CEO and President of Fortitude Gold. "The lithocap is a very large area and it will take time to fully explore it. To continue to intercept high-grade gold is not only very exciting but gives credence to the potential that our mineralized lithocap could grow into something special."
EAST CAMP DOUGLAS LITHOCAP | |||||
Hole # | Angle |
| From | Interval | Au |
deg |
| Meters | Meters | g/t | |
ECDRC-351 | -45 |
| 41.15 | 21.34 | 1.23 |
incl. | 41.15 | 1.52 | 2.69 | ||
incl. | 48.77 | 7.62 | 2.14 | ||
ECDRC-352 | -45 |
| 30.48 | 9.14 | 0.54 |
| 51.82 | 7.62 | 0.47 | ||
| 92.96 | 1.52 | 0.36 | ||
ECDRC-354 | -45 |
| 4.57 | 1.52 | 0.95 |
| 39.62 | 13.72 | 0.53 | ||
| 60.96 | 6.10 | 0.52 | ||
ECDRC-355 | -45 |
| 7.62 | 4.57 | 0.37 |
| 15.24 | 7.62 | 0.36 | ||
| 25.91 | 4.57 | 0.40 | ||
| 42.67 | 1.52 | 0.41 | ||
| 96.01 | 1.52 | 1.44 | ||
ECDRC-356 | -90 |
| 0.00 | 3.05 | 0.38 |
ECDRC-357 | -45 |
| 6.10 | 12.19 | 0.59 |
Incl. | 9.14 | 1.52 | 1.07 | ||
| 32.00 | 4.57 | 0.42 | ||
Assays by American Assay Laboratories, Sparks, Nevada, USA. | |||||
About Fortitude Gold Corp.:
Fortitude Gold is a U.S. based gold producer targeting projects with low operating costs, high margins, and strong returns on capital. The Company's strategy is to grow organically, remain debt-free and distribute substantial dividends. The Company's Nevada Mining Unit consists of seven high-grade gold properties located in the Walker Lane Mineral Belt and an eighth high-grade gold property in west central Nevada. The Isabella Pearl gold mine, located on the Isabella Pearl mineralized trend, is currently in production. Nevada, U.S.A. is among the world's premier mining friendly jurisdictions.
Cautionary Statements: This press release contains forward-looking statements that involve risks and uncertainties. If you are risk-averse you should NOT buy shares in Fortitude Gold Corp. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. When used in this press release, the words "plan", "target", "anticipate," "believe," "estimate," "intend" and "expect" and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding the Company's strategy, future plans for production, future expenses and costs, future liquidity and capital resources, and estimates of mineralized material are forward-looking statements. All forward-looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. Forward looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. The Company's actual results could differ materially from those discussed in this press release.
Contact:
Greg Patterson
719-717-9825
greg.patterson@fortitudegold.com
www.Fortitudegold.com
SOURCE: Fortitude Gold Corp
View the original press release on ACCESS Newswire
FAQ
What are the latest gold drilling results at Fortitude Gold's (FTCO) East Camp Douglas property?
How many acres will FTCO's new Exploration Plan of Operations cover at East Camp Douglas?
What were the gold intercepts in FTCO's drill hole ECDRC-357?
When did Fortitude Gold (FTCO) submit their new exploration permit application?
