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home / news releases / FTCO - Fortitude Gold Production Trounces Target In Prelude To Resource Increase

FTCO - Fortitude Gold Production Trounces Target In Prelude To Resource Increase

Fortitude Gold Corp Com
  • Fortitude announced 2nd Quarter gold production at 14,579 gold ounces, soundly beats mine plan estimate of 10,000.
  • Isabella Pearl mine is located in a prolific gold producing region known as Nevada's Walker Lane Mineral Belt, where open pit heap leach mining (OPHL) is prevalent.
  • High grade gold north of 1 gram per ton is highly profitable for OPHL mining, while 2 grams is exceptional. Isabella Pearl Q1 results registered 5 grams per ton average.
  • Isabella Pearl gold reserves warrant an upgrade based on actual mining results.  300,000 ounces seems likely with an upside to 360,000.

For further details see:

Fortitude Gold Production Trounces Target In Prelude To Resource Increase
Stock Information
Company Name: Fortitude Gold Corp Com
Stock Symbol: FTCO
Market: OTC
Website: fortitudegold.com
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