Fortitude Gold Corp. announced exploration drill results from its East Camp Douglas property expanding its mineralized lithocap target with intercepts including 4.57 meters grading 5.24 grams per tonne (g/t) gold within 15.24 meters grading 1.87 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.

East Camp Douglas lithocap D2 Cliffs drill highlights include (m=meters, g/t=grams per tonne): Hole# ECDRC-004:18.29 m of 0.74 g/t gold incl. 7.62 m of 1.06 g/t gold; Hole# ECDRC-008:15.24 m of 1.87 g/t gold incl. 4.57 m of 5.24 g/t gold; Hole# ECDRC-013: 28.96 m of 0.49 g/t gold and 7.62 m of 2.71 g/t gold incl.

1.52 m of 9.10 g/t gold; Hole# ECDRC-015: 13.72 m of 0.95 g/t gold incl. 6.10 m of 1.22 g/t gold; Hole# ECDRC-018: 16.76 m of 1.08 g/t gold incl. 3.05 m of 1.60 g/t gold.

The company completed a program of reverse circulation drilling at the East Camp Douglas D2 Cliffs lithocap target. Most cyanide leach assays were in excess of 80% gold recovery. This suggests the mineralization is oxidized and amendable to cyanide leach processing methods.

The lithocap is an expansive 1.5 kilometer by 1.0-kilometer geologic structure that has the potential to host a significant near-surface gold deposit. Lithocaps are stratabound alteration domains that are laterally and vertically extensive and typically have steeply dipping structural roots with significant lateral fluid flow during formation. The lithocap structure at the south end of the Company's East Camp Douglas property remains of particular interest, as surface samples grading as high as 31 g/t gold have been taken around the eroded margins of this large lithocap which conforms with extensive lateral fluid flows during formation.

This reverse circulation drill program follows up on the Company's June 2021 maiden core drill program which returned multiple mineralized intercepts including 17.9 meters grading 1.29 g/t gold.