Fortitude Gold Corp. announced multiple high-grade gold drill intercepts at an intersection between two faults feeding high-grade gold into its East Camp Douglas lithocap system. Intercepts include 3.05 meters grading 5.57 grams per tonne (g/t) gold within 12.19 meters grading 2.90 g/t gold, 3.05 meters grading 6.11 g/t gold within 16.76 meters grading 1.58 g/t gold, and 10.67 meters grading 1.05 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 drill highlights include: Hole# ECDRC-119: 10.67 m of 1.05 g/t gold incl. 3.05 m of 2.36 g/t gold.

Hole# ECDRC-134: 16.76 m of 1.58 g/t gold incl. 3.05 m of 6.11 g/t gold. Hole# ECDRC-144: 1.52 m of 1.06 g/t gold 6.10 m of 1.49 g/t gold incl.

3.05 m of 2.55 g/t gold. Hole# ECDRC-156: 12.19 m of 2.90 g/t gold incl. 3.05 m of 5.57 g/t gold & 4.57 m of 3.38 g/t gold.

This reverse circulation drill program focused at the D2 Cliffs target builds on the Company's January 2023 drill results where 15.24 meters intercepted 1.87 g/t gold including 4.57 meters grading 5.24 g/t gold. The East Camp Douglas lithocap is an expansive 1.5 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 has always been a priority target. The D2 Cliffs now contains at least one high-grade gold feeder zone elevating its exploration status and increasing the potential for a significant discovery.