High Grade Oxide Gold Drill Intercepts At East Camp Douglas North
COLORADO SPRINGS, CO - Fortitude Gold Corp. announced continued multiple wide, high-grade oxide gold drill intercepts from its West White Rock Springs target located on the northern portion of the East Camp Douglas property. Intercepts include 6.10 meters grading 3.47 grams per tonne (g/t) gold within 9.14 meters grading 2.45 g/t gold, 4.57 meters grading 4.62 g/t gold within 13.72 meters grading 1.83 g/t gold, and 1.52 meters grading 9.79 g/t gold within 15.24 meters grading 1.74 g/t gold. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada, U.S.A. offering investors exposure to both gold production and dividend yield.
West White Rock Springs drill highlights include (m=meters, g/t=grams per tonne): 1) Hole# ECDRC-168: 9.14 m of 2.45 g/t gold, including 6.10 m of 3.47 g/t gold. 2) Hole# ECDRC-171: 13.72 m of 1.83 g/t gold, including 4.57 m of 4.62 g/t gold. 3) Hole# ECDRC-173: 30.48 m of 1.21 g/t gold, including 4.57 m of 2.06 g/t gold & 4.57 m of 2.48 g/t gold. 4) Hole# ECDRC-199: 15.24 m of 1.74 g/t gold, including 1.52 m of 9.79 g/t gold & 4.57 m of 1.67 g/t gold.
Multiple rounds of drilling at East Camp Douglas North in 2023 and 2024 have returned numerous high-grade gold intercepts. Company drilling, combined with historic third-party drilling, continue to define a high-grade gold system at East Camp Douglas North and this recent drill program adds to the current geologic model.
"East Camp's West White Rock Springs target has returned notable high-grade gold intervals," stated Allan Turner, Vice President of Exploration. "This program focused on infill drilling in previously untested orientations in the central portion of the target area, and further delineation of gold-bearing intervals in the north central portion. Additional exploration efforts planned include very low frequency electromagnetic and ground magnetic geophysical surveys over the entire White Rock Springs project area to discern correlations of structures and gold values. We are delineating the gold mineralization at White Rock Springs that is associated with NNE striking faults and testing the relationship with the regional East-West oriented fault corridor".
"Our East Camp North area continues to deliver exciting and impressive gold grades and interval widths including over thirty meters, or one hundred feet, of 1.2 grams per tonne gold," said Jason Reid, CEO and President. "This thick one-gram gold per tonne intercept combined with additional assays as high as 9.79 grams per tonne is exciting as both a potentially substantial and clearly high-grade gold area. Our East Camp is a large district sized land position with numerous gold bearing targets in both veins to the north and within a lithocap to the south. We continue to invest in exploring both of these exciting East Camp target areas with a goal to define initial economic resources."