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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 (FTCO) reported multiple wide, high-grade gold drill intercepts from the Triumph target at its East Camp Douglas property in Nevada. Key results include 1.52 meters grading 26.67 g/t gold within 13.72 meters grading 3.58 g/t (hole ECDRC-246), 3.05 meters grading 11.16 g/t within 10.67 meters grading 3.72 g/t (ECDRC-256), 3.05 meters grading 13.72 g/t within 9.14 meters grading 5.10 g/t (ECDRC-381), and 3.05 meters grading 19.60 g/t within 7.62 meters grading 8.87 g/t (ECDRC-383).
The company has three exploration drills operating at East Camp Douglas and is advancing a structural program and large-scale induced polarization geophysical study ahead of a core drill program planned for early 2027. East Camp Douglas is held in a joint venture, 60% owned by Fortitude Gold and 40% by Hawthorne Land & Minerals, which is structured for Hawthorne to contribute $40 million for exploration and development.
Fortitude Gold (FTCO) reported multiple wide, high-grade gold drill intercepts at the Roosevelt target on its East Camp Douglas property in Nevada.
Highlighted results include hole ECDRC-371 with 28.96 meters grading 2.07 g/t gold, including 1.52 meters at 13.20 g/t and 1.52 meters at 5.86 g/t. Other notable intercepts are ECDRC-267 with 18.29 meters at 1.48 g/t including 4.57 meters at 4.79 g/t, and ECDRC-313 with 12.19 meters at 2.00 g/t including 1.52 meters at 5.94 g/t. The Roosevelt target lies about 400 meters north of White Rock West and is viewed as a bridge between Triumph and White Rock West. Three exploration drills are currently operating, with work building toward an initial resource in East Camp Douglas’ northern area.
Fortitude Gold (FTCO) reported multiple wide and high‑grade gold drill intercepts at its East Camp Douglas lithocap target in Mineral County, Nevada.
Highlighted reverse‑circulation holes include ECDRC‑396 with 12.19 meters grading 0.87 g/t gold, including 1.52 meters at 1.12 g/t and 1.52 meters at 2.85 g/t. Hole ECDRC‑395 returned 10.67 meters at 0.77 g/t including 3.05 meters at 1.85 g/t, and hole ECDRC‑376 cut 9.14 meters at 0.83 g/t including 3.05 meters at 1.76 g/t. The East Camp Douglas lithocap is described as a 1.5 by 1.0‑kilometer hydrothermal alteration zone with potential for near‑surface gold.
The exploration Plan of Operations / Nevada Reclamation Permit application, submitted in the first quarter of 2026, is expected to open about 25 acres for Phase One drilling, within a multiphase authorization totaling 150 acres. Three exploration drills are currently operating, supported by geophysical and mineralogical studies and a joint venture under which Fortitude holds 60% and partner Hawthorne funds up to $40 million.
Fortitude Gold (FTCO) declared a monthly dividend of $0.01 per common share, payable on September 30, 2026 to shareholders of record on September 18, 2026.
The company emphasizes that dividend levels may change or be discontinued at the board’s discretion, depending on operational cash flow, development needs, metals prices, taxation, and market conditions. Fortitude Gold operates multiple gold mining properties in Nevada and aims to remain debt-free while distributing dividends.
Fortitude Gold (OTCQB:FTCO) reported multiple wide, high‑grade gold reverse‑circulation drill intercepts from the Scarlet North target at its Isabella Pearl property in Mineral County, Nevada. Key intervals include 6.10 meters grading 3.44 g/t gold within 21.34 meters at 1.27 g/t, 3.05 meters at 2.49 g/t within 12.19 meters at 1.03 g/t, and 4.57 meters at 2.21 g/t within 13.72 meters at 0.87 g/t.
Drilling has expanded the northwest‑trending mineralized corridor, where three parallel faults have been identified. Initial metallurgical testing indicates extractability similar to the nearby Isabella Pearl deposit, with short haul distance to existing heap‑leach facilities. The company is completing baseline studies to permit an open‑pit mine at Scarlet North with BLM and NDEP.
Fortitude Gold (OTCQB:FTCO) declared a monthly dividend of $0.01 per common share, payable on August 31, 2026, to shareholders of record on August 20, 2026. The U.S.-based gold producer operates multiple high-grade Nevada properties and pursues a strategy of organic growth, no debt, and dividend distributions.
Fortitude Gold (OTCQB:FTCO) reported Q2 2026 net sales of $8.2 million, mine gross profit of $5.4 million, and net income attributable to shareholders of about $0.6 million ($0.02 per share). Gold production was 2,133 ounces, up 210% from Q1 2026, with 1,020 ounces sold from Isabella Pearl and 775 ounces from County Line.
Quarter-end cash rose to $13.5 million and working capital to $35.4 million; the company paid $0.8 million in dividends and held 611 ounces of gold rounds/bullion. A $5.5 million private placement at $4.82 per share increased common shares outstanding to 28.6 million, largely to fund Isabella Pearl heap leach expansion. Reported non‑GAAP total cash costs after by‑product credits were $1,200/oz (AISC $2,549/oz) at Isabella Pearl and $1,326/oz (AISC $1,886/oz) at County Line, on realized gold prices above $4,500/oz. Fortitude continued exploration and permitting across Scarlet, County Line, Golden Mile, East Camp Douglas JV and Scarlet North.
Fortitude Gold (OTCQB: FTCO) announced details for its 2026 second quarter earnings conference call, scheduled for Wednesday, August 5, 2026, at 11:00 a.m. Eastern Time (9:00 a.m. Mountain). CEO Jason Reid will host the call to discuss second quarter 2026 results and provide an update on current operations, followed by a Q&A session.
Investors can join via webcast at https://www.webcaster5.com/Webcast/Page/2640/54352 or by phone using toll-free 877-545-0523 (U.S.) or 973-528-0016 (international), with participant access code 909223. A webcast replay and teleconference replay (toll-free 877-481-4010, international 919-882-2331, access code 54352) will be available after the event.
Fortitude Gold (OTCQB:FTCO) reported multiple wide, high-grade oxide gold drill intercepts from the Scarlet North target at its Isabella Pearl property in Mineral County, Nevada. Key results include 3.05 meters grading 2.35 g/t gold within 7.62 meters at 1.32 g/t, 3.05 meters at 2.37 g/t within 18.29 meters at 0.89 g/t, and 6.10 meters at 1.12 g/t within 21.34 meters at 0.66 g/t.
According to Fortitude Gold, these step-out holes extend mineralization north of Scarlet North, about 700 meters from the existing Isabella Pearl heap leach and processing facility. Initial test work indicates similar heap leach extractability to Isabella Pearl, and the company is completing baseline studies for potential open-pit mine permitting with BLM and NDEP.
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.