Fortitude Gold Corp. announced multiple high-grade gold drill intercepts at its East Camp Douglas northern veins target. Intercepts include 1.52 meters grading 23.00 grams per tonne (g/t) gold within 4.57 meters grading 8.80 g/t gold, 3.05 meters grading 5.46 g/t gold, 6.10 meters grading 3.94 g/t gold and 18.29 meters grading 1.02 g/t gold.

East Camp Douglas Northern Veins Drill highlights include (m=meters, g/t=grams per tonne) (full drill table below): Hole# ECDRC-038: 9.14 m of 1.61 g/t gold. 3.05 m of 3.57 g/t gold. Hole# ECDRC-040: 10.67 m of 1.28 g/t gold incl.

3.05 m of 2.93 g/t gold. Hole # ECDRC-041: 4.57 m of 2.94 g/t gold incl; 1.52 m of 6.77 g/t gold; Hole# ECDRC- 049: 3.05 m of 5.03 g/t gold; 7.62 m of 1.37 g/t gold; 1.52 m of 3.67 g/t gold; Hole # ECDRC-063: 6.10 m of 3.94 g/tgold; 1.52 m of 7.07 g/t gold; Hole ECDRC-065: 7.62 m of 2.43 g/t gold; 3.05 m of 5.,46 g/t gold; Hole& ECDRC-069: 4.57 m of 8.80 g/t Gold; 1.52 m of 23.00 g/t gold; Hole??-071: 18.29 m of 1.02 g/tgold and 6.10 m of 1.81 g/t gold. This reverse circulation drill program is the Company's first on a small portion of the larger East Camp Douglas North target.

Historic third-party drilling had previously intercepted high-grade gold veins at East Camp Douglas North and this recent drill program confirms and expands on that geologic model. The Company awaits additional assay results from this initial drill program and plans additional drilling at East Camp Douglas North in 2024 with a goal to both expand the mineralization as well as further understand the geologic setting hosting this high-grade gold mineralization. This mineralized area has high-grade gold over one kilometer by five hundred meters with multiple vein swarms, many visible outcropping at surface.

The goal is to discover and delineate those areas that could potentially be mineraled as open pits. Surface sampling the west center of this area returned rock chips up to 36.6 grams per tonne gold. The initial drill hole into that area returned one area returned one.