Fortitude Gold Drills 3.05 meters Grading 12.90 g/t gold within 24.38 meters Grading 3.89 g/t gold at East Camp Douglas

Rhea-AI Summary

Fortitude Gold (OTCQB:FTCO) reported multiple wide, high-grade drill intercepts at East Camp Douglas White Rock West, highlighted by 3.05 m @ 12.90 g/t Au within 24.38 m @ 3.89 g/t Au and 47.24 m @ 1.13 g/t Au.

The results follow a $40 million joint venture that funded the first drill program; a second rig is being mobilized to expand drilling.

Positive

• 3.05 m @ 12.90 g/t Au contained within 24.38 m @ 3.89 g/t Au
• 47.24 m @ 1.13 g/t Au indicates extensive mineralized widths
• $40M joint venture initiated the first drill program, enabling expanded exploration

Negative

• Results represent a small portion of the overall East Camp Douglas land position
• Reported intervals are downhole meters, not true widths, limiting immediate resource interpretation

News Market Reaction – FTCO

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In the Apr 21 session, FTCO gained 3.26%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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COLORADO SPRINGS, CO / ACCESS Newswire / April 21, 2026 / Fortitude Gold Corp. (OTCQB:FTCO) (the "Company") announced numerous wide and high-grade gold drill intercepts from its East Camp Douglas property, located in Mineral County, Nevada. Intercepts include 3.05 meters grading 12.90 grams per tonne (g/t) gold within 24.38 meters grading 3.89 g/t gold, 10.67 meters grading 2.08 g/t gold, 46.24 meters grading 1.13 g/t gold, 7.62 meters grading 4.59 g/t gold, 7.62 meters grading 3.13 g/t gold, and 18.29 meters grading 1.11 g/t gold. 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.

East Camp Douglas White Rock West drill highlights include (m=meters, g/t=grams per tonne) (full drill table below):

Hole# ECDRC-201:

• 24.38 m of 3.89 g/t gold
  including

  • 1.52 m of 9.39 g/t gold

  • 1.52 m of 11.11 g/t gold

  • 3.05 m of 12.90 g/t gold

Hole# ECDRC-205:

• 1.52 m of 13.88 g/t gold

• 12.19 m of 1.37 g/t gold

Hole# ECDRC-207:

• 9.14 m of 2.57 g/t gold
  including

  • 1.52 m of 6.77 g/t gold

• 15.24 m of 1.17 g/t gold
  Including

  • 4.57 m of 2.86 g/t gold

Hole# ECDRC-209:

• 10.67 m of 2.08 g/t gold

Hole# ECDRC-210:

• 47.24 m of 1.13 g/t gold
  including

  • 1.52 m of 9.47 g/t gold

Hole# ECDRC-211:

• 25.91 m of 0.60 g/t gold

• 18.29 m of 1.11 g/t gold

• 4.57 m of 1.06 g/t gold

Hole# ECDRC-358:

• 7.62 m of 4.59 g/t gold
  including

  • 1.52 m of 17.00 g/t gold

Hole# ECDRC-359:

• 6.10 m of 1.12 g/t gold

• 7.62 m of 3.13 g/t gold
  Including

  • 1.52 m of 11.20 g/t gold

Drill results from East Camp Douglas were from the White Rock West targets located on the northern half of the property. The recently announced $40 million joint venture with Hawthorne Land and Minerals initiated this season's first drill program, which has intercepted extensive high-grade gold across substantial widths in multiple holes. The Company is currently mobilizing a second drill rig for East Camp Douglas, which is expected to begin drilling in the coming weeks.

"We are excited with these numerous high-grade gold drill results, particularly given the substantial widths encountered near surface," stated Mr. Allan Turner, Vice President of Exploration for Fortitude Gold. "Our focus now turns to expanding the mineralization in this specific area. While this area represents a small fraction of our overall land position at East Camp Douglas, we see significant upside with other known high-grade mineralized areas like White Rock East and the lithocap to the south. We are actively developing future drill programs for this area aimed at delineating a resource suitable for mining. Assuming we can continue to expand this area with similar high-grade results, we believe it has the potential to grow rapidly."

"These extensive high grade and wide gold drill intercepts speak to the potential of a substantial gold deposit in this area," stated Mr. Jason Reid, CEO and President of Fortitude Gold. "24.38 meters, or 78 feet of high-grade 3.89 grams per tonne gold is a serious gold drill intercept. Over 47 meters, or 154 feet of 1.13 grams per tonne gold speaks to extensive high-grade mineralized widths. While it is early in this property's exploration, double digit high-grade grams per tonne gold intervals over a meter including 11.10 grams, 11.20 grams, 12.90 grams, 13.88 grams, and 17.00 grams per tonne gold are not only beyond exciting but are a rare occurrence. White Rock West is situated on a small portion of our East Camp Douglas district-sized land position where we believe numerous deposit discoveries are possible. These exciting drill results underscore that fact and are indicative of a potential high-grade deposit discovery in our near future."

EAST CAMP DOUGLAS WHITE ROCK WEST DRILL SUMMARY HIGHLIGHTS
Hole #	Angle		From	Interval	Au
	deg		Meters	Meters	g/t
ECDRC-201	-45		41.15	24.38	3.89
		incl.	42.67	1.52	9.39
		incl.	47.24	1.52	11.10
		incl.	54.86	3.05	12.90
ECDRC-205	-45		9.14	1.52	1.19
			15.24	3.05	1.21
			18.29	1.52	13.88
			21.34	12.19	1.37
ECDRC-206	-65		10.67	6.10	0.76
		incl.	12.19	1.52	1.52
ECDRC-207	-45		10.67	9.14	2.57
		incl.	15.24	1.52	6.77
			47.24	15.24	1.17
		incl.	48.77	4.57	2.86
			89.92	1.52	1.72
			102.11	1.52	1.07
ECDRC-208	-45		25.91	1.52	2.08
			53.34	1.52	1.33
EDCRC-209	-50		13.72	4.57	1.13
		incl.	35.05	10.67	2.08
ECDRC-210	-45		57.91	47.24	1.13
		incl.	65.53	1.52	3.32
		incl.	68.58	1.52	9.47
ECDRC-211	-45		38.10	25.91	0.60
		incl.	44.20	1.52	1.54
		incl.	59.44	1.52	1.73
			71.63	1.52	1.52
			77.72	18.29	1.11
			102.11	4.57	1.06
ECDRC-358	-50		21.34	7.62	4.59
		incl.	22.86	1.52	17.00
			57.91	4.57	1.30
ECDRC-359	-60		16.76	6.10	1.12
			42.67	1.52	1.42
			45.72	7.62	3.13
		incl.	47.24	1.52	11.20
Assays by American Assay Laboratories, Sparks, Nevada, USA. Meters downhole, not true width.

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 were the headline drill results Fortitude Gold (FTCO) announced on April 21, 2026?

Headline results include 3.05 m @ 12.90 g/t Au inside 24.38 m @ 3.89 g/t Au. According to the company, additional intercepts include 47.24 m @ 1.13 g/t Au and multiple meter-scale, double-digit g/t intervals.

How does the $40 million joint venture affect Fortitude Gold (FTCO) exploration at East Camp Douglas?

The $40 million joint venture funded the season's first drill program at East Camp Douglas. According to the company, the JV enabled initial wide, high-grade intercepts and the mobilization of a second drill rig to expand drilling.

Are the reported East Camp Douglas drill intervals true widths for FTCO?

No, the reported intervals are downhole meters and not true widths. According to the company, assays are downhole lengths, so further drilling and interpretation are needed to determine true thickness.

Will Fortitude Gold (FTCO) continue drilling after these White Rock West results?

Yes, the company is mobilizing a second drill rig to continue work at East Camp Douglas. According to the company, the next phase aims to expand mineralization in the area and delineate a potential resource.

How significant are the high-grade meter-scale intervals for FTCO shareholders?

Meter-scale double-digit g/t gold intervals are exploration-positive but preliminary. According to the company, these intervals occur near surface and suggest potential for a high-grade deposit, requiring more drilling for resource definition.

Which specific high-grade hits did Fortitude Gold (FTCO) report at White Rock West?

Highlighted high-grade hits include 1.52 m @ 17.00 g/t, 1.52 m @ 13.88 g/t, and 1.52 m @ 11.20 g/t. According to the company, these are among multiple double-digit gram-per-tonne intervals within wider mineralized zones.