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. reports news as a Nevada-focused gold producer, developer and explorer trading on the OTCQB under FTCO. Company updates commonly cover gold production, financial results, monthly dividend declarations, mine activity, and exploration drilling across its Nevada Mining Unit.
The company's operating and project updates center on the Isabella Pearl, Scarlet South and County Line mines, along with exploration and development work at East Camp Douglas. Recurring announcements also address drill results, permitting-related exploration activity, production timing, and dividend policy factors tied to operating cash flow, development requirements, construction activity, metals prices and market conditions.
Fortitude Gold (OTCQB:FTCO) reported multiple wide and high-grade gold drill intercepts from the White Rock West targets at its East Camp Douglas property in Mineral County, Nevada. Key results include 9.14 meters grading 2.84 g/t gold within 21.34 meters grading 1.43 g/t gold, 12.19 meters grading 2.85 g/t gold including 1.52 meters at 6.64 g/t, and 4.57 meters grading 2.63 g/t including 1.52 meters at 5.47 g/t.
According to the company, these are the third round of high-grade results from the area in 2026, with three exploration drills currently operating. Fortitude Gold aims to build an initial resource at White Rock West and anticipates receiving a Plan of Operation for Exploration in Q4 2026 to expand allowable disturbance and further delineate the gold-bearing structural corridor.
Fortitude Gold (OTCQB:FTCO) reported preliminary second quarter 2026 gold production of 2,133 ounces, a 210% increase over the prior quarter. Output came from the Pearl Deep, County Line, Scarlet South deposits and residual leach operations in Nevada. The company targets continued production ramp-up in future quarters, with full Q2 financial results to be released alongside its Form 10-Q filing with the Securities and Exchange Commission.
Fortitude Gold (OTCQB:FTCO) declared a July 2026 monthly dividend of $0.01 per common share. The dividend is payable on July 31, 2026 to shareholders of record on July 20, 2026.
Dividends may vary or be discontinued at the Board’s discretion based on operational, market, and financial factors.
Fortitude Gold (OTCQB:FTCO) reported multiple wide gold intercepts from its East Camp Douglas White Rock West targets in Nevada. Highlights include 4.57 m grading 10.24 g/t gold within 28.96 m grading 2.14 g/t, and 6.10 m grading 5.24 g/t within 45.72 m grading 1.28 g/t.
The company is continuing to drill White Rock West and a southern lithocap target, integrating new airborne magnetic and radiometric surveys into a 3D structural model. Management views these results as steps toward defining resources, while awaiting a Plan of Operation for Exploration that would expand permitted disturbance to 150 acres.
Fortitude Gold (OTCQB:FTCO) closed a $5.5 million private placement, issuing 1.15 million unregistered shares at $4.82 per share to Hawthorne Land and Minerals. No placement or agent fees were paid.
Funds will accelerate the Isabella Pearl heap leach pad expansion, adding capacity for gold processing into 2028, with construction expected to finish in Q3 2026. Shares outstanding total 28,590,128.
Fortitude Gold (OTCQB:FTCO) declared a June 2026 monthly dividend of $0.01 per common share, payable on June 30, 2026 to shareholders of record on June 18, 2026.
The company is a gold producer, developer, and explorer in Nevada and notes dividends may vary or be discontinued at the Board’s discretion.
Fortitude Gold (OTCQB:FTCO) reported near-surface oxide gold drill intercepts at the County Line Project’s East Zone, extending gold mineralization about 100 meters west of the permitted East Pit.
Highlights include 4.57 m at 2.23 g/t Au within 22.86 m at 0.77 g/t from 3.05 m depth and 3.05 m at 1.57 g/t Au within 15.24 m at 0.65 g/t from surface. Hole CLRC-428 cut 45.72 m at 0.38 g/t including 9.14 m at 0.92 g/t from surface. These results support potential future extensions of the East Pit and additional ounces for future mine plans, with current County Line ore trucked to the nearby Isabella Pearl heap leach and processing facilities.
Fortitude Gold (OTCQB:FTCO) connected its Isabella Pearl Project in Mineral County, Nevada, to the electrical power grid via a new four-mile NV Energy line. Grid power is expected to lower production costs and emissions, with estimated monthly energy cost savings of $80,000–$100,000.
Fortitude Gold (OTCQB:FTCO) reported new near-surface oxide gold drill results from the Scarlet North zone along the Isabella Pearl trend in Nevada.
Highlights include 6.10 meters grading 2.28 g/t gold within 24.38 meters at 1.25 g/t, and 7.62 meters at 1.36 g/t within 15.24 meters at 0.90 g/t. Scarlet North lies about 700 meters from the Isabella Pearl heap leach facility. Initial test work suggests similar metallurgy, supporting potential heap leach processing and short-haul trucking to existing infrastructure. The company continues drilling, is permitting an open pit mine at Scarlet North, and is pursuing an expanded Isabella Pearl plan of operations boundary that would include this area.
Fortitude Gold (OTCQB:FTCO) reported Q1 2026 net sales of $3.2 million, mine gross profit of $2.2 million, and a net loss attributable to shareholders of $1.6 million or $(0.06) per share. Cash totaled $10.0 million, working capital $31.3 million, and dividends paid were $0.8 million.
The company produced 688 gold ounces, commenced production at County Line and Isabella Pearl's Scarlet South, completed a $12.0 million private placement, and entered a 60% joint venture for East Camp Douglas funded by a $40 million Hawthorne investment.