Fortitude Gold Drills 1.52 Meters Grading 26.67 G/T Gold Within 13.72 Meters Grading 3.58 G/T Gold at East Camp Douglas
Fortitude Gold reported multiple wide, high-grade drill intercepts at the Triumph target on its East Camp Douglas property in Mineral County, Nevada, headlined by 1.52 meters grading 26.67 g/t gold within 13.72 meters grading 3.58 g/t gold. CEO Jason Reid highlighted near-surface mineralization, including 12.19 meters of 2.03 g/t gold starting from surface, saying the potential of the district having multiple deposits is coming into focus.
Key figures
- Width Basis
- downhole meters, not true width
- Next Catalyst
- large-scale exploration permit decision, followed by core drill program in early 2027
- Active Drill Rigs
- 3
- Headline Intercept
- 1.52 m @ 26.67 g/t Au within 13.72 m @ 3.58 g/t Au (ECDRC-246)
- Near Surface Intercept
- 12.19 m @ 2.03 g/t Au starting from surface (ECDRC-392)
- Jv Ownership Fortitude Pct
- 60
- Jv Ownership Hawthorne Pct
- 40
- Other Highlight Intercepts
- ["3.05 m @ 11.16 g/t Au within 10.67 m @ 3.72 g/t Au (ECDRC-256)","3.05 m @ 13.72 g/t Au within 9.14 m @ 5.10 g/t Au (ECDRC-381)","3.05 m @ 19.60 g/t Au within 7.62 m @ 8.87 g/t Au (ECDRC-383)"]
- Hawthorne Funding Commitment
- $40 million
AI analysis
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