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Fortitude Gold Reports Gold Intercepts at East Camp Douglas in Nevada

Author:
FAQSIR News Desk
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Fortitude Gold Corp. has reported multiple gold-bearing drill intercepts from the East Camp Douglas lithocap target in Mineral County, Nevada. The results include 1.52 meters grading 2.85 grams per tonne (g/t) gold within 12.19 meters grading 0.87 g/t gold.

#Drilling results from East Camp Douglas

Other reported intervals include 3.05 meters grading 1.76 g/t gold within 9.14 meters grading 0.83 g/t gold, and 3.05 meters grading 1.85 g/t gold within 10.67 meters grading 0.77 g/t gold.

For hole ECDRC-396, Fortitude reported 12.19 meters grading 0.87 g/t gold, including 1.52 meters grading 1.12 g/t gold and a separate 1.52-meter interval grading 2.85 g/t gold. Hole ECDRC-395 included 10.67 meters grading 0.77 g/t gold, including 3.05 meters grading 1.85 g/t gold.

#East Camp Douglas setting

The East Camp Douglas lithocap is described as a 1.5 by 1.0-kilometer hydrothermal alteration zone. The property is in the Silver Star mining district of Mineral County, approximately 6 mi (10 km) southwest of Mina.

Fortitude describes low-sulfidation gold-bearing mineralisation associated with a silica lithocap in the southern portion of the property. The northern area contains high-sulfidation style gold-bearing mineralisation. The company has reported high-grade gold mineralisation from exploration drilling in both areas.

The property includes 540 unpatented lode mineral claims, 24 unpatented placer claims, 12 patented mining claims and two fee land parcels.

#Permitting and exploration work

Fortitude submitted the East Camp Douglas Exploration Plan of Operations and Nevada Reclamation Permit application in the first quarter of 2026. The application was submitted to the Bureau of Land Management and the Nevada Division of Environmental Protection Bureau of Regulation and Reclamation.

The company says the exploration permit is expected to make approximately 25 acres available for drilling under Phase One of a multiphase authorisation covering a total of 150 acres. Three exploration drills are currently operating at East Camp Douglas.

Property-scale airborne magnetic and radiometric surveys were completed in May, while a Controlled-Source Audio-Frequency Magnetotellurics survey was completed in August. Shortwave Infrared work is also being carried out on surface and drilled samples. Fortitude says the data is being combined with mapping and drilling results to develop a 3D structural interpretation and assess possible feeder-zone structures.

#Joint venture structure

East Camp Douglas is held through a joint venture in which Fortitude Gold owns 60% and Hawthorne Land & Minerals, LLC owns 40%. Fortitude contributed the property, while Hawthorne is contributing a total of $40 million for exploration and development.

Fortitude said its current exploration work could support a transition to a larger targeted exploration programme if the large-scale exploration permit is granted. The company’s statements about future exploration plans are forward-looking and subject to risks and uncertainties.

#Company and project context

Fortitude Gold is a U.S.-based gold producer, developer and explorer. Its Nevada Mining Unit consists of eight gold properties. The Isabella Pearl Project and County Line Project are currently in production in Mineral and Nye Counties, Nevada.

East Camp Douglas is the exception to Fortitude’s wholly owned properties, being held through the 60% joint venture. The company’s release states that actual results could differ materially from forward-looking statements and that there is no assurance those statements will prove accurate.

#Key Takeaways

  • Fortitude Gold reported 1.52 meters grading 2.85 g/t gold within 12.19 meters grading 0.87 g/t gold at East Camp Douglas.
  • Additional results included 3.05 meters grading 1.76 g/t gold within 9.14 meters grading 0.83 g/t gold.
  • The East Camp Douglas property is in Mineral County, Nevada, approximately 6 mi (10 km) southwest of Mina.
  • The exploration permit application was submitted in the first quarter of 2026, with approximately 25 acres expected to be opened under Phase One of a total 150-acre authorisation.
  • Fortitude owns 60% of the East Camp Douglas joint venture, while Hawthorne Land & Minerals, LLC owns 40% and is contributing a total of $40 million for exploration and development.

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Frequently Asked Questions

The source reports intercepts including 1.52 meters grading 2.85 grams per tonne (g/t) gold within 12.19 meters grading 0.87 g/t gold; 3.05 meters grading 1.76 g/t gold within 9.14 meters grading 0.83 g/t gold; and 3.05 meters grading 1.85 g/t gold within 10.67 meters grading 0.77 g/t gold. It identifies Fortitude Gold Corp. as quoted on the OTCQB under the ticker FTCO.
East Camp Douglas is described as an expansive 1.5 by 1.0-kilometer hydrothermal alteration zone in the Silver Star mining district in Mineral County, Nevada, located approximately 6 mi (10 km) southwest of the town of Mina. The source says the southern portion contains low-sulfidation gold-bearing mineralisation associated with a silica lithocap, while the northern portion contains high-sulfidation style gold-bearing mineralisation.
The Exploration Plan of Operations / Nevada Reclamation Permit application was submitted in the first quarter of 2026 to the Bureau of Land Management and Nevada Division of Environmental Protection Bureau of Regulation and Reclamation. The source says the exploration permit is expected to open approximately 25 acres for exploration drilling under Phase One of a multiphase authorisation, for a total of 150 acres. It also states that three exploration drills are currently operating at East Camp Douglas.
The source states that property-scale airborne magnetic and radiometric geophysical surveys were completed in May and that a Controlled-Source Audio-Frequency Magnetotellurics (CSAMT) survey was completed in August. It also says Shortwave Infrared (SWIR) work is being completed on surface and drilled samples. Fortitude Gold’s Vice President of Exploration, Allan Turner, stated that these studies are being incorporated into mapping and drilling results to develop a 3D structural interpretation and may assist with targeting potential feeder-zone structures.
The property is held in a strategic joint venture, with Fortitude owning 60% and Hawthorne Land & Minerals, LLC owning 40%. The source states that Fortitude contributed the East Camp Douglas property and Hawthorne is contributing a total of $40 million for exploration and development.
The source describes East Camp Douglas as covering 540 unpatented lode mineral claims, 24 unpatented placer claims, 12 patented mining claims and two fee land parcels. It states that Fortitude Gold’s Nevada Mining Unit consists of eight high-grade gold properties, and that the Isabella Pearl Project and County Line Project are currently in production in Mineral and Nye Counties, Nevada. It also says Fortitude owns 100% of its properties except East Camp Douglas, which is held in the 60% joint venture.
The release states that it contains forward-looking statements involving risks and uncertainties, including statements about the company’s strategy and future production plans. It says there can be no assurance that those statements will prove accurate, that actual results could differ materially from those discussed, and that the company assumes no obligation to update such statements. The source does not provide further detail on the potential financial impact of the exploration results or permitting process.