Fortitude Gold Reports First Quarter 2026 Preliminary Gold Production

Rhea-AI Summary

Fortitude Gold (OTCQB:FTCO) reported preliminary first quarter 2026 gold production of 688 ounces. Production came from Pearl Deep, County Line, Scarlet South and residual leach, with County Line and Scarlet South initiating mining during the quarter.

The company said it targets a ramp up and higher gold production in future quarters; full financial results will be provided when the Form 10-Q is filed with the Securities and Exchange Commission.

AI-generated analysis. Not financial advice.

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COLORADO SPRINGS, CO / ACCESS Newswire / April 16, 2026 / Fortitude Gold Corp. (OTCQB:FTCO) (the "Company") today announced preliminary first quarter gold production of 688 ounces. 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.

First quarter gold production of 688 ounces was a combination of mining from the Pearl Deep, County Line, Scarlet South and residual leach during the quarter. Both County Line and Scarlet South initiated mining operations during the quarter. The Company targets a ramp up and higher gold production in future quarters. Full financial results for the first quarter will be available at the time the Company files its quarterly report on Form 10-Q with the Securities and Exchange Commission.

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 dividends. The Company's Nevada Mining Unit consists of eight high-grade gold properties. Fortitude Gold owns 100% of its properties, with the exception of East Camp Douglas, which is held in a joint venture with Fortitude owning 60%. The Isabella Pearl, Scarlet South, and County Line Mines are currently in production in Mineral and Nye Counties, Nevada. 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 and future plans for production. 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 did Fortitude Gold (FTCO) report for first quarter 2026 gold production?

Fortitude Gold reported preliminary Q1 2026 production of 688 ounces of gold. According to the company, that total includes production from mining and residual leach across its Nevada operations during the quarter.

Which mines contributed to Fortitude Gold's 688 ounces in Q1 2026 for FTCO?

Production came from Pearl Deep, County Line, Scarlet South and residual leach. According to the company, County Line and Scarlet South initiated mining operations during the first quarter.

Did Fortitude Gold (FTCO) begin new mining operations in Q1 2026?

Yes. County Line and Scarlet South both initiated mining operations during Q1 2026. According to the company, those starts contributed to the quarter's combined 688 ounces of gold production.

Will Fortitude Gold (FTCO) increase production after Q1 2026?

The company targets a ramp up and higher gold production in future quarters but provided no specific guidance or timelines. According to the company, it expects production to increase in upcoming quarters.

When will Fortitude Gold (FTCO) release full financial results for Q1 2026?

Full financial results will be released when the company files its quarterly report on Form 10-Q with the SEC. According to the company, the Form 10-Q will include the complete first quarter financials and disclosure.