Approvals And Permits Received To Mine Deeper At Isabella Pearl Deposit

COLORADO SPRINGS, CO - Fortitude Gold Corp. has received all regulatory approvals and permits to mine deeper in its Isabella Pearl deposit. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada.

A positive decision was granted by the Bureau of Land Management and the Nevada Division of Environmental Protection's Bureau of Mining Regulation and Reclamation allowing the Company to mine approximately 80 feet deeper than previously authorized in the Pearl portion of the Isabella Pearl deposit. Deeper oxide and oxide transitional ore in the Pearl zone may now be mined and sequenced for processing along with ore from the Civit Cat portion of the Isabella Pearl deposit. The Pearl deep contains high-grade oxide, oxide-transitional, and sulphide gold ores, a portion of the former two are expected to be processed using the Company's existing heap leach operation.