Fortitude Gold Reports Preliminary Second Quarter 2025 Production

Rhea-AI Summary

Fortitude Gold (OTCQB:FTCO), a gold producer and explorer operating in Nevada, has announced its preliminary production results for Q2 2025. The company reported production of 1,500 gold ounces during the quarter.

During Q2, the company continued mining operations at Civit Cat and processed residual gold from its heap leach pad while awaiting permit approval for the County Line project. Complete financial results will be disclosed when FTCO files its Form 10-Q with the SEC.

Positive

• Gold production of 1,500 ounces maintained in Q2 2025

Negative

• Production limited by pending permit approval for County Line project
• Currently processing residual gold from heap leach pad

COLORADO SPRINGS, CO / ACCESS Newswire / July 16, 2025 / Fortitude Gold Corp. (OTCQB:FTCO) (the "Company") reports preliminary production results for the second quarter ended June 30, 2025 of 1,500 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 second quarter the Company mined additional ore from Civit Cat and processed residual gold from the heap leach pad as it awaits permit approval for its County Line project. Full financial results for the second 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 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 and County Line is our next targeted mine build. 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 Corp

View the original press release on ACCESS Newswire

FAQ

How many gold ounces did Fortitude Gold (FTCO) produce in Q2 2025?

Fortitude Gold produced 1,500 gold ounces in the second quarter of 2025.

Where are Fortitude Gold's mining operations located?

Fortitude Gold's operations are located in Nevada, U.S.A.

What is the status of Fortitude Gold's County Line project?

Fortitude Gold is currently awaiting permit approval for its County Line project.

When will Fortitude Gold release its complete Q2 2025 financial results?

Complete financial results will be available when the company files its quarterly report on Form 10-Q with the SEC.