Fortitude produces 9,500 oz of gold in Q3, maintains its 2022 outlook

Kitco Media
By Vladimir Basov
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(Kitco News) - Fortitude Gold (OTCQB: FTCO) today reported preliminary third quarter production of 9,500 gold ounces from its Isabella Pearl gold mine in Nevada.

The company said that through the first three quarters of 2022, its preliminary production numbers total 30,355 gold ounces, adding that mine operations continue to focus on the Isabella Pearl high-grade phase two open-pit.

Importantly, Fortitude noted it maintains its 2022 annual production outlook of 40,000 gold ounces (a range of 36,000 to 40,000 ounces).

Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A. The company's Nevada Mining Unit consists of five high-grade gold properties located in the Walker Lane Mineral Belt and a sixth high-grade gold property in west central Nevada.

The Isabella Pearl gold mine, located on the Isabella Pearl mineralized trend, is currently in production.


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Kitco Media

Vladimir Basov

Vladimir (PhD, MEng in Mining) is a professional mining engineer, scientist and analyst that has more than 20 years of practical in-field and research experience. He is particularly interested in collecting, processing baseline data and writing insightful data-driven mining industry analytics, articles, statistical and research reports.

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