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 > GREAT CC

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Comment by jthottamon Mar 25, 2021 1:33pm

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Post# 32876337

RE:GREAT CC

Agreed,

I am glad Jason was able to give a detailed answer to my question (albeit not the exact numbers) for the directional movement in AISC. With Tonnes dropping from 7.5MM to 2.5MM to 1MM per year (2021 to 2023), and trending down to $650 AISC LoM.....this will improve margins tremendously.

With the CapEx on development of the heach leap pad capacity, I think this is an early warning on some of the planned new production from both infill and step-out exploration activities as well as results from the maiden resource at the Golden Mile (and maybe East Camp Douglas). '

All-in-all, a very good call.

James

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