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Fortitude Gold Reports Preliminary Third Quarter Gold Production

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Fortitude Gold Corp. (OTCQB:FTCO) has reported preliminary third quarter gold production of 4,220 ounces. The company, which operates in Nevada, U.S.A., processed both residual gold from the heap leach pad and ore from the Isabella Pearl's lower grade Civit Cat zone during this period.

Notably, late in the third quarter of 2024, Fortitude Gold received permit approval to mine deeper in the deposit's higher-grade Pearl zone. This development could potentially impact future production levels.

The company, which offers investors exposure to both gold production and dividend yield, will provide full financial results for the third quarter when it files its quarterly report on Form 10-Q with the Securities and Exchange Commission.

Fortitude Gold Corp. (OTCQB:FTCO) ha riportato una produzione preliminare di oro per il terzo trimestre di 4.220 once. L'azienda, che opera in Nevada, negli Stati Uniti, ha elaborato sia l'oro residuo dal pad di lisciviazione in cumuli che il minerale dalla zona Civit Cat a bassa gradazione di Isabella Pearl durante questo periodo.

In particolare, alla fine del terzo trimestre del 2024, Fortitude Gold ha ricevuto l'approvazione per i permessi per estrarre più in profondità nella zona Pearl ad alta gradazione del deposito. Questo sviluppo potrebbe influenzare i livelli di produzione futuri.

L'azienda, che offre agli investitori esposizione sia alla produzione di oro che al rendimento da dividendi, fornirà i risultati finanziari completi per il terzo trimestre quando presenterà il rapporto trimestrale sul modulo 10-Q alla Securities and Exchange Commission.

Fortitude Gold Corp. (OTCQB:FTCO) ha informado sobre la producción preliminar de oro del tercer trimestre de 4,220 onzas. La empresa, que opera en Nevada, EE. UU., procesó tanto oro residual del pad de lixiviación en pilas como mineral de la zona Civit Cat de baja grado de Isabella Pearl durante este período.

Notablemente, a finales del tercer trimestre de 2024, Fortitude Gold recibió la aprobación del permiso para extraer más profundo en la zona Pearl de mayor grado del depósito. Este desarrollo podría potencialmente afectar los niveles de producción futuros.

La empresa, que ofrece a los inversores exposición tanto a la producción de oro como al rendimiento de dividendos, proporcionará resultados financieros completos para el tercer trimestre cuando envíe su informe trimestral en el formulario 10-Q a la Comisión de Bolsa y Valores.

포티튜드 골드 주식회사 (OTCQB:FTCO)는 3분기 preliminari 금 생산량을 4,220 온스으로 보고했습니다. 미국 네바다주에서 운영되는 이 회사는 이 기간 동안 heap leach pad에서 residual gold와 이사벨라 펄의 낮은 등급인 Civit Cat 구역의 광석을 가공했습니다.

특히, 2024년 3분기 말에 포티튜드 골드는 고등급 펄 구역의 더 깊은 곳에서 채굴할 수 있는 허가 승인을 받았습니다. 이 개발은 향후 생산 수준에 잠재적으로 영향을 미칠 수 있습니다.

투자자에게 금 생산과 배당 수익 모두에 대한 노출을 제공하는 이 회사는 증권 거래 위원회에 10-Q 양식으로 분기 보고서를 제출할 때 3분기 전체 재무 결과를 발표할 예정입니다.

Fortitude Gold Corp. (OTCQB:FTCO) a signalé une production d'or préliminaire de 4 220 onces pour le troisième trimestre. L'entreprise, qui opère au Nevada, aux États-Unis, a traité à la fois l'or résiduel du tas de lixiviation et le minerai de la zone Civit Cat de faible qualité d'Isabella Pearl pendant cette période.

Notamment, à la fin du troisième trimestre 2024, Fortitude Gold a reçu l'approbation des permis pour exploiter plus profondément dans la zone Pearl de haute qualité du gisement. Ce développement pourrait potentiellement avoir un impact sur les niveaux de production futurs.

L'entreprise, qui offre aux investisseurs une exposition à la fois à la production d'or et au rendement des dividendes, fournira les résultats financiers complets du troisième trimestre lorsqu'elle déposera son rapport trimestriel sur le formulaire 10-Q auprès de la Securities and Exchange Commission.

Fortitude Gold Corp. (OTCQB:FTCO) hat eine vorläufige Goldproduktion von 4.220 Unzen für das dritte Quartal gemeldet. Das Unternehmen, das in Nevada, USA, tätig ist, hat in diesem Zeitraum sowohl Restgold von der Heap-Leach-Anlage als auch Erz aus der niedriggradigen Civit Cat-Zone von Isabella Pearl verarbeitet.

Bemerkenswert ist, dass spät im dritten Quartal 2024 Fortitude Gold die Genehmigung erhielt, tiefer in die hochgradige Pearl-Zone des Vorkommens zu schürfen. Diese Entwicklung könnte potenziell die zukünftigen Produktionslevels beeinflussen.

Das Unternehmen, das Anlegern sowohl Zugang zur Goldproduktion als auch zur Dividendenrendite bietet, wird die vollständigen finanziellen Ergebnisse für das dritte Quartal vorlegen, wenn es seinen Quartalsbericht im Formular 10-Q bei der Securities and Exchange Commission einreicht.

Positive
  • Preliminary third quarter gold production of 4,220 ounces
  • Received permit approval to mine deeper in the higher-grade Pearl zone
Negative
  • Processed lower grade ore from Civit Cat zone during the quarter

COLORADO SPRINGS, CO / ACCESSWIRE / October 15, 2024 / Fortitude Gold Corp. (OTCQB:FTCO) (the "Company") announces preliminary third quarter production of 4,220 gold 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.

During the third quarter the Company processed both residual gold from the heap leach pad and ore sourced from the Isabella Pearl's lower grade Civit Cat zone. Late in the third quarter of 2024 the Company received its permit approval to mine deeper in the deposit's higher-grade Pearl zone. Full financial results for the third 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 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 was Fortitude Gold's (FTCO) preliminary gold production for Q3 2024?

Fortitude Gold Corp. (FTCO) reported preliminary third quarter 2024 gold production of 4,220 ounces.

Where does Fortitude Gold (FTCO) operate its mining activities?

Fortitude Gold Corp. (FTCO) operates its gold production, development, and exploration activities in Nevada, U.S.A.

What new permit did Fortitude Gold (FTCO) receive in Q3 2024?

Late in the third quarter of 2024, Fortitude Gold (FTCO) received permit approval to mine deeper in the Isabella Pearl deposit's higher-grade Pearl zone.

What areas did Fortitude Gold (FTCO) process ore from in Q3 2024?

During the third quarter of 2024, Fortitude Gold (FTCO) processed residual gold from the heap leach pad and ore from the Isabella Pearl's lower grade Civit Cat zone.

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