Fortitude Gold owns 100% interest in five high-grade gold properties in Nevada’s Walker Lane Mineral Belt, known as its “Nevada Mining Unit”. All the properties within the Mining Unit are within an approximately 30 mile radius of one another. Each property has surface and or near surface gold mineralization and open-pit deposit potential.
The Company’s flagship Isabella Pearl project is an open-pit heap leach operation producing gold dore. The Company’s advanced stage exploration properties include Golden Mile and Mina Gold which are in the delineation phase. Exploration properties include the Isabella Pearl trend, East Camp Douglas and County Line.
The Company plans to operate the Nevada Mining Unit with a synergistic approach sharing and leveraging equipment and resources on future mines it develops. This approach targets equipment sharing where possible and could enable future projects to build heap leach process facilities taking gold to carbon and then trucking that carbon to the Isabella Pearl project’s process facility for final dore production. This approach targets substantially decreased permit timing, decreased project capital costs and decreased construction timeframes on future open-pit heap leach operations.