Fortitude Gold Drills 1.52 Meters Grading 32.00 G/T Gold Within 18.29 Meters Grading 4.28 G/T Gold at East Camp Douglas North

COLORADO SPRINGS, CO / ACCESSWIRE / February 21, 2024 / Fortitude Gold Corp. (OTCQB:FTCO) (the "Company") announced multiple wide, high-grade gold drill intercepts at its East Camp Douglas North target. Intercepts include 1.52 meters grading 32.00 grams per tonne (g/t) gold within 18.29 meters grading 4.28 g/t gold, 6.10 meters grading 4.23 g/t gold within 9.14 meters grading 2.92 g/t gold, and 41.15 meters grading 1.09 g/t gold. 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.

East Camp Douglas North drill highlights include (m=meters, g/t=grams per tonne) (full drill table below):

Hole# ECDRC-085:

• 6.10 m of 1.25 g/t gold

incl.

• 3.05 m of 2.06 g/t gold

Hole# ECDRC-096:

• 41.15 m of 1.09 g/t gold

incl.

• 3.05 m of 4.11 g/t gold &
• 4.57 m of 2.37 g/t gold

Hole# ECDRC-099:

• 13.72 m of 1.63 g/t gold

incl.

• 3.05 m of 5.52 g/t gold

Hole# ECDRC-100:

• 25.91 m of 0.83 g/t gold

incl.

• 3.05 m of 1.14 g/t gold &
• 1.52 m of 3.52 g/t gold

Hole# ECDRC-109:

• 6.10 m of 1.72 g/t gold

incl.

• 1.52 m of 5.09 g/t gold

Hole# ECDRC-111:

• 9.14 m of 2.92 g/t gold

incl.

• 6.10 m of 4.23 g/t gold

Hole# ECDRC-116:

• 18.29 m of 4.28 g/t gold

incl.

• 1.52 m of 32.00 g/t gold &
• 1.52 m of 2.14 g/t gold &
• 3.05 m of 9.33 g/t gold

This reverse circulation drill program builds on the Company's December 2023 and January 2024 drill results (click here to review the December 2023 press release and here to review the January 2024 press release). Historic third-party drilling along with the Company's 2023 and 2024 exploration and drill programs have defined high-grade gold at East Camp Douglas North and this recent drill program adds to the current geologic model.

"It is exciting to continue to intercept near surface gold at East Camp Douglas North as we continue to push our drill program further to the north," stated Mr. Allan Turner, Vice President of Exploration for Fortitude Gold. "We are leveraging our 2023 surface mapping program to guide our drill targets and we continue to be pleased with the results. Our mapping projects a potential extension of mineralization further to the north which we plan to follow up with additional step-out drilling by mid-2024."