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Throughout the first quarter, the firm processed ore from its Isabella Pearl mine together with high- and low-grade ore stockpiles. Mine operations within the first quarter centered totally on waste removing of the section one open-pit layback.
Fortitude stated that with phase-one now full, the corporate is now centered on phase-two mining with entry to the mine’s high-grade Pearl zone over the subsequent three years.
The corporate maintains its 2022 manufacturing outlook concentrating on 40,000 ounces of gold (a variety of 36,000 to 40,000 ounces), assuming no disruptions from the COVID-19 international pandemic or unexpected operational challenges.
Fortitude Gold’s Nevada Mining Unit consists of 5 high-grade gold properties situated within the Walker Lane Mineral Belt and a sixth high-grade gold property in west central Nevada. The Isabella Pearl gold mine, situated on the Isabella Pearl mineralized pattern, is at present in manufacturing.