County Line Permit Advances Towards Final Approval

COLORADO SPRINGS, CO - Fortitude Gold Corp. reported that the Bureau of Land Management (BLM) Stillwater Field Office has advanced the County Line permit towards final approval with the posting of the Plan of Operations (POO). This BLM action moves the project into the final approval stages. Fortitude Gold is a gold producer, developer, and explorer with operations in Nevada offering investors exposure to both gold production and dividend yield.

The proposed County Line Mine is located approximately 16 miles northeast of the Company's operating Isabella Pearl gold mine via Nevada State Route 361. The project is located within both Mineral County and Nye County, Nevada and straddles the borders between the counties. The project has a minimal footprint impact and limited required infrastructure whereby the Company intends to mine and truck County Line ore feed for its nearby Isabella Pearl operation, leveraging the Company's existing heap leach pad and gold processing facilities. The County Line project includes the expansion of two existing historic open pits and an existing waste rock storage facility, low- and high-grade ore stockpiles, access roads, a mobile crushing facility, and block exploration drilling within the proposed Plan of Operations boundary. With minimal infrastructure and construction, the Company expects to fast track the mine build once it is granted all the necessary permit approvals from the BLM and other regulatory agencies.