-
Japa's Miura and Kihara capture Skate America pairs gold
-
Who can qualify for 2026 World Cup in final round of European qualifiers
-
UK to cut protections for refugees under asylum 'overhaul'
-
England's Tuchel plays down records before final World Cup qualifier
-
Depoortere double helps France hold off spirited Fiji
-
Scotland face World Cup shootout against Denmark after Greece defeat
-
Hansen hat-trick inspires Irish to record win over Australia
-
Alcaraz secures ATP Finals showdown with 'favourite' Sinner
-
UK to cut protections for refugees under asylum 'overhaul': govt
-
Spain, Switzerland on World Cup brink as Belgium also made to wait
-
Sweden's Grant leads by one at LPGA Annika tournament
-
Scotland cling to hopes of automatic World Cup qualification despite Greece defeat
-
Alcaraz secures ATP Finals showdown with great rival Sinner
-
England captain Itoje savours 'special' New Zealand win
-
Wales's Evans denies Japan historic win with last-gasp penalty
-
Zelensky renews calls for more air defence after deadly strike on Kyiv
-
NBA's struggling Pelicans sack coach Willie Green
-
Petain tribute comments raise 'revisionist' storm in France
-
Spain on World Cup brink as Belgium also made to wait
-
Spain virtually seal World Cup qualification in Georgia romp
-
M23, DR Congo sign new peace roadmap in Doha
-
Estevao, Casemiro on target for Brazil in Senegal win
-
Ford steers England to rare win over New Zealand
-
Massive march in Brazil marks first big UN climate protest in years
-
Spain rescues hundreds of exotic animals from unlicensed shelter
-
Huge fire sparked by explosions near Argentine capital 'contained'
-
South Africa defy early red card to beat battling Italy
-
Sinner beats De Minaur to reach ATP Finals title match
-
Zelensky vows overhaul of Ukraine's scandal-hit energy firms
-
South Africa defy early red card to beat Italy
-
Alex Marquez claims Valencia MotoGP sprint victory
-
McIlroy shares lead with Race to Dubai title in sight
-
Climate protesters rally in Brazil at COP30 halfway mark
-
Spike Lee gifts pope Knicks jersey as pontiff meets film stars
-
BBC caught in crossfire of polarised political and media landscape
-
'Happy' Shiffrin dominates in Levi slalom for 102nd World Cup win
-
Palestinian national team on 'mission' for peace in Spain visit
-
Brazilian 'Superman' cheers child cancer patients in Ghana
-
India close in on win over South Africa after Jadeja heroics
-
Huge explosions rock industrial area near Argentina's capital
-
Bezzecchi takes pole for Valencia sprint and MotoGP
-
Dominant Shiffrin leads after first slalom run in Levi
-
Nine killed in accidental explosion at Indian Kashmir police station
-
Climate protesters to rally at COP30's halfway mark
-
Fighting South Africa lose Rickelton after India 189 all out
-
Harmer leads South Africa fightback as India 189 all out
-
Prison looms for Brazil's Bolsonaro after court rejects his appeal
-
EU bows to pressure on loosening AI, privacy rules
-
India close in on lead despite South African strikes
-
Curry's 49 points propel Warriors in 109-108 win over Spurs
Fortitude Gold Reports Fourth Quarter and Full Year 2024 Preliminary Gold Production
Fortitude Gold Corp. (OTCQB:FTCO) (the "Company") today announced preliminary fourth quarter production of 4,119 gold ounces. The Company produced approximately 16,472 gold ounces in 2024 from both Isabella Pearl mine operations and residual leach from the Isabella Pearl heap leach pad. 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.
"2024 was another successful year of low-cost gold production and strong shareholder cash dividends for Fortitude Gold, despite the long four challenging years for the resource extractive industries, including permit backlogs, under the Biden Administration," stated Mr. Jason Reid, Fortitude Gold's CEO and President. "We are excited about the next four years under the incoming Trump Administration, who previously demonstrated support for natural resource extraction in the United States, under which our Isabella Peal mine was permitted."
Mr. Reid continued, "For 2025, our mine operations are targeting additional mineral opportunities at Isabella Pearl found outside of the original mine plan. We also remain highly focused on our County Line project, as our next Nevada, U.S.A. mine build, along with the Scarlet expansion at our Isabella Pearl trend, and our Golden Mile project. We will remain focused on obtaining as many mine permits as possible during these next four years."
Full financial results for the fourth quarter and full year 2024 will be available at the time the Company files its annual report on Form 10-K 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 substantial 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. 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 Information
Greg Patterson
VP Corporate Development
[email protected]
719-717-9825
SOURCE: Fortitude Gold Corp
M.Thompson--AMWN