Fortitude Gold Receives Isabella Pearl Deep Permit
Fortitude Gold Corp. (OTCQB:FTCO) has received regulatory approvals to mine deeper in its Isabella Pearl deposit in Nevada. The Bureau of Land Management and Nevada Division of Environmental Protection's Bureau of Mining Regulation and Reclamation have granted permission to mine approximately 80 feet deeper than previously authorized in the Pearl portion of the deposit.
This decision allows the company to access deeper oxide and oxide transitional ore in the Pearl zone, which can be mined and processed along with ore from the Civit Cat portion of the Isabella Pearl deposit. The Pearl deep contains high-grade oxide, oxide-transitional, and sulphide gold ores. A portion of the oxide and oxide-transitional ores are expected to be processed using the company's existing heap leach operation.
Fortitude Gold Corp. (OTCQB:FTCO) ha ricevuto approvazioni regolatorie per estrarre a una maggiore profondità nel suo deposito Isabella Pearl in Nevada. Il Bureau of Land Management e il Bureau of Mining Regulation and Reclamation della Nevada Division of Environmental Protection hanno concesso il permesso di estrarre circa 80 piedi più in profondità rispetto a quanto precedentemente autorizzato nella parte Pearl del deposito.
Questa decisione consente all'azienda di accedere a minerali ossidi e ossidi transizionali più profondi nella zona Pearl, che possono essere estratti e lavorati insieme ai minerali della porzione Civit Cat del deposito Isabella Pearl. La parte profonda di Pearl contiene minerali d'oro ad alto grado ossido, ossido-transizionale e solfuri. Una parte dei minerali ossidi e ossido-transizionali dovrebbe essere lavorata utilizzando l'attuale operazione di leach in cumuli dell'azienda.
Fortitude Gold Corp. (OTCQB:FTCO) ha recibido aprobaciones regulatorias para minar a una mayor profundidad en su depósito Isabella Pearl en Nevada. La Oficina de Administración de Tierras y la Oficina de Regulación y Rehabilitación de Minería de la División de Protección Ambiental de Nevada han concedido el permiso para minar aproximadamente 80 pies más profundo de lo que se había autorizado anteriormente en la parte Pearl del depósito.
Esta decisión permite a la empresa acceder a mineral de óxido y óxido transicional más profundo en la zona Pearl, que se puede extraer y procesar junto con el mineral de la porción Civit Cat del depósito Isabella Pearl. La parte profunda de Pearl contiene minerales de oro de alto grado óxido, óxido-transicional y sulfuros. Se espera que una parte de los minerales de óxido y óxido-transicional sea procesada utilizando la operación de lixiviación en pilas existente de la empresa.
포티튜드 골드 Corp. (OTCQB:FTCO)는 네바다 내 이사벨라 펄 광산에서 더 깊은 곳을 채굴할 수 있도록 규제 승인을 받았습니다. 내륙관리국(Bureau of Land Management)과 네바다 환경보호부의 광업 규제 및 회복국(Bureau of Mining Regulation and Reclamation)이 펄 부분에서 이전에 승인된 것보다 약 80피트 더 깊게 채굴할 수 있는 허가를 내주었습니다.
이 결정은 회사가 펄 존에서 더 깊은 산화광 및 산화 전이 광석에 접근할 수 있게 하며, 이를 이사벨라 펄 광산의 비비트캣 부분의 광석과 함께 채굴하고 처리할 수 있습니다. 펄 심층부에는 고품질 산화광, 산화 전이 광석 및 황화철 광석이 포함되어 있습니다. 산화광 및 산화 전이 광석의 일부는 회사의 기존 힙 리치 작업을 통해 처리될 것으로 예상됩니다.
Fortitude Gold Corp. (OTCQB:FTCO) a obtenu des approbations réglementaires pour exploiter plus profondément son gisement Isabella Pearl au Nevada. Le Bureau de gestion des terres et le Bureau de réglementation et de réhabilitation des mines de la division de la protection de l'environnement du Nevada ont accordé la permission d'extraire environ 80 pieds plus profondément que ce qui avait été précédemment autorisé dans la partie Pearl du gisement.
Cette décision permet à l'entreprise d'accéder à des minerais d'oxyde et transitoires plus profonds dans la zone Pearl, qui peuvent être extraits et traités avec les minerais de la portion Civit Cat du gisement Isabella Pearl. La partie profonde de Pearl contient des minerais d'or de haute qualité, d'oxyde, transitoires et de sulfure. Une partie des minerais d'oxyde et transitoires devrait être traitée à l'aide de l'opération de lixiviation sur tas existante de l'entreprise.
Fortitude Gold Corp. (OTCQB:FTCO) hat regulatorische Genehmigungen erhalten, um tiefer in seinem Isabella Pearl Vorkommen in Nevada abzubauen. Das Bureau of Land Management und das Bureau of Mining Regulation and Reclamation der Nevada Division of Environmental Protection haben die Erlaubnis erteilt, etwa 80 Fuß tiefer als zuvor genehmigt im Pearl-Bereich des Vorkommens abzubauen.
Diese Entscheidung ermöglicht es dem Unternehmen, auf tiefere Oxid- und oxidgewendete Erze im Pearl-Zone zuzugreifen, die zusammen mit Erzen aus dem Civit Cat-Bereich des Isabella Pearl Vorkommens abgebaut und verarbeitet werden können. Der Pearl-Tiefbereich enthält hochgradige Oxid-, oxidgewendete und sulfidische Golderze. Ein Teil der Oxid- und oxidgewendeten Erze wird voraussichtlich mit dem bestehenden Heap-Leach-Betrieb des Unternehmens verarbeitet.
- Received regulatory approvals to mine 80 feet deeper in Isabella Pearl deposit
- Access to additional high-grade oxide and oxide-transitional gold ores
- Potential increase in gold production through existing heap leach operation
- None.
COLORADO SPRINGS, CO / ACCESSWIRE / September 18, 2024 / Fortitude Gold Corp. (OTCQB:FTCO) (the "Company") today announced it has received all regulatory approvals and permits to mine deeper in its Isabella Pearl deposit. 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.
A positive decision was granted by the Bureau of Land Management and the Nevada Division of Environmental Protection's Bureau of Mining Regulation and Reclamation allowing the Company to mine approximately 80 feet deeper than previously authorized in the Pearl portion of the Isabella Pearl deposit. Deeper oxide and oxide transitional ore in the Pearl zone may now be mined and sequenced for processing along with ore from the Civit Cat portion of the Isabella Pearl deposit. The Pearl deep contains high-grade oxide, oxide-transitional, and sulphide gold ores, a portion of the former two are expected to be processed using the Company's existing heap leach operation.
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 Corporation
View the original press release on accesswire.com
FAQ
What new permit did Fortitude Gold (FTCO) receive for its Isabella Pearl mine?
Which regulatory bodies approved Fortitude Gold's (FTCO) deeper mining permit?
What types of gold ores are found in the deeper part of Fortitude Gold's (FTCO) Isabella Pearl deposit?
How will Fortitude Gold (FTCO) process the newly accessible ores from the Isabella Pearl mine?
