Welcome to our dedicated page for Fortitude Gold news (Ticker: FTCO), a resource for investors and traders seeking the latest updates and insights on Fortitude Gold stock.
Fortitude Gold Corp. (FTCO) delivers timely updates on gold production, exploration milestones, and financial performance from Nevada's mining districts. This page aggregates official press releases and verified news about the company's operations, providing investors with a comprehensive view of strategic developments.
Access curated information on quarterly earnings, resource estimates, drilling results, and dividend declarations. Stay informed about key projects including the Isabella Pearl mine and County Line development through primary source materials. The repository serves analysts and stakeholders seeking unfiltered data on operational efficiency and growth initiatives.
Content spans permit approvals, technical reports, leadership updates, and market communications. Regular updates ensure visibility into FTCO's low-cost production model and high-grade oxide gold discoveries. Bookmark this page for direct access to critical updates impacting the company's valuation and sector position.
Fortitude Gold Corp. (OTCQB:FTCO) announced its preliminary year-end results for 2022, reporting a total production of 41,231 gold ounces, surpassing its target of 40,000 ounces by 3%. The fourth quarter alone accounted for 10,876 ounces. For 2023, the company aims for a similar production range of 36,000 to 40,000 ounces, primarily from its Isabella Pearl mine in Nevada. The mine has been pivotal in delivering consistent and low-cost production, contributing to both gold output and dividends for shareholders. Full financial results will be disclosed with the filing of the Form 10-K.
Fortitude Gold Corp. (OTCQB:FTCO) reported significant results from its County Line drilling program, with high-grade gold intervals. Notable intercepts include 6.10 meters at 3.11 g/t gold and 3.05 meters at 3.29 g/t gold within extended drill lengths. The drill program aims to delineate mineralization for potential ore feed to its Isabella Pearl operation nearby. The company plans further drilling in Q1 2023 and anticipates its first resource estimate by the end of the quarter, enhancing the prospects for a production decision.
Fortitude Gold Corp. (OTCQB:FTCO) announced a monthly dividend of $0.04 per common share, payable on January 31, 2023, to shareholders recorded by January 19, 2023. The company focuses on gold production and aims to provide investors with both exposure to gold and dividend income. Fortitude Gold targets projects with low operating costs and aims to remain debt-free while distributing substantial dividends. Variability in dividends may occur based on operational cash flows and market conditions.
Fortitude Gold Corp. (OTCQB:FTCO) announced promising exploration drill results from its East Camp Douglas property, expanding its mineralized lithocap target. Key intercepts include 4.57 meters grading 5.24 g/t gold within 15.24 meters at 1.87 g/t gold. The extensive lithocap structure, measuring 1.5 km by 1.0 km, may host significant near-surface gold deposits. The reversely circulated drilling program exhibited over 80% gold recovery, indicating potential for profitable extraction. The company is eager to explore further, having intercepted mineralization in 94% of the drilled holes.
Fortitude Gold Corp. (OTCQB:FTCO) announced a monthly dividend of $0.04 per common share, scheduled for payment on December 30, 2022, to shareholders on record by December 19, 2022. The company focuses on gold production and aims to grow organically while maintaining a debt-free status. Their Nevada operations include several high-grade gold properties, with the Isabella Pearl mine currently in production. Dividend amounts may vary and are subject to the Board's discretion based on various operational and market factors.
Fortitude Gold Corp. (OTCQB:FTCO) announced initial results from its phase two drill program at the County Line property in Nevada. The results include notable high-grade intercepts such as 7.62 meters at 10.71 g/t gold within 24.38 meters at 5.06 g/t gold. The drilling targets the open pit and surrounding areas, aimed at substantiating mineral resources for potential ore feed to the nearby Isabella Pearl mine. The company aims to complete the resource estimate for County Line soon, highlighting its strategic focus on low-cost, high-margin gold production.
Fortitude Gold Corp. (OTCQB:FTCO) declares a monthly dividend of $0.04 per share, payable on November 30, 2022, to shareholders on record as of November 21, 2022. The company, focused on gold production, development, and exploration in Nevada, emphasizes organic growth and substantial dividends. The dividend's consistency and amount may vary based on operational cash flows and market conditions. Fortitude Gold operates in a mining-friendly jurisdiction, with its Isabella Pearl mine currently in production, targeting projects with high returns.
Fortitude Gold Corporation (OTCQB:FTCO) reported Q3 2022 results, producing 9,500 ounces of gold and generating $16.1 million in net sales. The company achieved a net income of $1.7 million ($0.07 per share) and increased its cash balance to $42.2 million. All-in sustaining costs were $687 per ounce. Fortitude continues to maintain its gold production outlook for 2022 at 40,000 ounces. The quarter included $2.9 million in dividends and significant exploration efforts, with promising results from various drilling projects.
Fortitude Gold (OTCQB:FTCO) announced its third quarter 2022 earnings conference call set for November 2, 2022, at 11:00 a.m. ET. CEO Jason Reid will lead the discussion on quarterly results and current operations, followed by a Q&A session. The conference will be accessible via webcast or phone. Fortitude Gold focuses on gold production, maintaining a debt-free status, and distributing dividends. Its Nevada Mining Unit includes high-grade gold properties, with the Isabella Pearl mine currently operational.
Fortitude Gold Corp. (OTCQB:FTCO) reported preliminary production of 9,500 gold ounces for Q3 2022, aligning with its annual target of 40,000 gold ounces. Cumulatively, the company has produced 30,355 gold ounces in the first three quarters. Operations are focused on the Isabella Pearl mine in Nevada, a region known for its mining-friendly environment. Full financial results will be disclosed in the upcoming Form 10-Q filing. The company emphasizes its strategy of low operating costs and substantial dividends.
