Fortitude Gold Corp. reported that its preliminary gold production for the 90‑day period ending March 31, 2026 totaled 688 ounces, the first production data released for the year.
The figure represents a sharp decline from the 1,780 ounces produced in the same quarter of 2025 and from the 572 ounces reported in Q4 2025. Full‑year 2025 production was 5,236 ounces, while 2024 production reached 16,472 ounces, underscoring the low output as the company transitions into a ramp‑up phase.
During the quarter, County Line and Scarlet South mines began production, marking the first gold output from these newly permitted sites. The company’s Nevada Mining Unit, which includes eight high‑grade gold properties, is in the early stages of bringing these mines online, a process that typically requires several months of development and commissioning before reaching full production capacity.
Fortitude Gold remains debt‑free and continues to distribute dividends, positioning itself for organic growth. Management has indicated that the company is targeting a ramp‑up and higher gold production in future quarters, driven by the operational momentum from the new mines and a favorable permitting environment that has accelerated project development.
The preliminary production data, while modest, signals the beginning of a new production cycle for Fortitude Gold and provides a baseline against which the company’s future growth trajectory will be measured.
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