Fortitude Gold (FTCO) Corporate presentation summary

Investment highlights

• 99% of revenue is derived from gold, with a focus on high-grade, low-cost open pit operations in Nevada, USA.

• Monthly dividend policy provides a yield, distinguishing the company from most gold equities.

• Management has over 14 years of gold production experience, generating $1.2 billion in revenue and $165 million in dividends.

• Strategy emphasizes organic growth, remaining debt-free, and distributing substantial dividends.

• Unique hub-and-spoke mining unit synergy leverages shared processing facilities to reduce costs and accelerate project timelines.

Project pipeline and operations

• Active production at Isabella Pearl, with County Line and Scarlet South mines commencing operations in January 2026.

• Permitting underway for Golden Mile and Scarlet North, targeting mine builds in 2027.

• Exploration portfolio includes eight properties, with a $40M joint venture at East Camp Douglas.

• Production targets for 2026 depend on development timing, with potential increases from new mines.

• All properties are 100% owned except East Camp Douglas (60% ownership).

Resource and exploration potential

• County Line and Golden Mile projects have significant measured, indicated, and inferred gold resources, with grades above many Nevada peers.

• Golden Mile: Indicated 2.16M tonnes @ 1.13 g/t Au (78,500 oz), Inferred 2.4M tonnes @ 1.10 g/t Au (84,500 oz).

• County Line: Measured & Indicated 1.2M tonnes with over 49,600 oz Au at grades up to 1.04 g/t.

• Multiple high-grade drill intercepts and surface samples across exploration targets, including East Camp Douglas, Mina Gold, Dauntless, Intrepid, and Ripper.

• District-scale land positions with numerous additional targets and expansion potential.