Fortitude Gold Corp FTCO

Metals & Mining Gold

Fortitude Gold Corporation is a gold producing company. The Company’s Nevada Mining Unit consists of seven properties located in the Walker Lane Mineral Belt. Its flagship Isabella Pearl project is an open-pit heap leach project, which covers approximately 9,000 acres. It owns an interest in the Golden Mile property, which is located approximately 36 kilometers (km) east of the town of Luning, Nevada. The Mina Gold property covers an area of approximately 1,200 acres consisting of 61 unpatented claims and five patented claims. Its East Camp Douglas gold property covers an area of approximately 5,600 acres. The County Line property has a total land package of 2,400 acres consisting of 116 unpatented lode mining claims and six unpatented placer mining claims. The Dauntless gold property is located in Esmeralda County, Nevada, approximately 30 km southwest of Tonopah, Nevada. The Intrepid claim package is located in Mineral County, Nevada, approximately 10 km northwest of Mina, Nevada.

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Fortitude Gold Corp

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Post by BamBam76on Aug 10, 2022 8:54pm

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2nd Quarter Results

https://www.fortitudegold.com/investors/conference-calls/
Like the 2nd quarter conference call results. Fortitude's balanced approach put a couple million into drilling and equipment purchases for Golden Mile, while continuing to pay the $0.04/month dividend. Best part is that cash reserves increased for the quarter after all that. This junior PRODUCER is a dream compared to most junior mining stocks.

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