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Fortitude Gold says on target to meet its 2021 production guidance

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(Kitco News) - Fortitude Gold (OTCQB: FTCO) today announced preliminary third quarter production of 11,478 gold ounces from its Isabella Pearl mine in Nevada, USA.

Through the first three quarters of 2021, the company’s preliminary production numbers total 37,593 gold ounces.

The company also said it maintains its 2021 production outlook upper range of 45,000 gold ounces. 

During the quarter, the company said it regularly processed high-grade stockpiled gold ore at the Isabella Pearl mine, while mining activities predominantly focused on waste removal to access phase two of the Pearl deposit. 

Mine operations remain on schedule to transition back into high-grade Pearl ore during the first quarter of 2022, the company added.

Fortitude Gold is a U.S. based gold producer. The company’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.

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