Fortitude gets permit to expand gold heap leach pad in Nevada
(Kitco News) - Fortitude Gold (OTCQB: FTCO) today announced the receipt of permit approval for the expansion of the Isabella Pearl heap leach pad located in Mineral County, Nevada.
The company said that expansion to the existing heap leach pad is required to accommodate the additional ore reserve tonnes defined during exploration drill campaigns in 2019 and 2020. The newly permitted area for pad expansion is larger than the initial phase two expansion area slated for construction, Fortitude added in a press-release.
The heap leach pad construction contractor is mobilizing equipment to site and phase two construction is expected to begin shortly. Construction is targeted to be completed late in the fourth quarter of 2021, or early in the first quarter of 2022.
Fortitude Gold’s Nevada Mining Unit consists of five high-grade gold properties located in the Walker Lane Mineral Belt, with the Isabella Pearl gold mine in current production. Nevada, U.S.A. is among the world’s premier mining friendly jurisdictions.