Fortitude Gold (FTCO) Corporate presentation summary

Investment highlights and strategy

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

• Monthly dividend yield of $0.12 per share annually, distinguishing the company from peers.

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

• Ultra-tight capital structure supports dividend distribution and operational flexibility.

• Management has over 14 years of gold production and profitability, with $1.2 billion in revenue and $165 million in dividends generated historically.

Project pipeline and operations

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

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

• Exploration and delineation ongoing at East Camp Douglas, Mina Gold, Dauntless, Intrepid, and Ripper properties.

• Synergistic mining unit model leverages shared processing facilities to reduce costs and accelerate project timelines.

• $40 million joint venture at East Camp Douglas, with 60% ownership and operator status.

Resource and exploration potential

• Golden Mile: Indicated resource of 2.16M tonnes at 1.13 g/t Au (78,500 oz), inferred 2.4M tonnes at 1.10 g/t Au (84,500 oz).

• County Line: Measured and indicated resources total over 49,600 oz Au, with additional inferred resources.

• Multiple high-grade gold intercepts reported across Mina Gold, Dauntless, Intrepid, and Ripper, supporting open pit heap leach potential.

• Eight Nevada properties, mostly 100% owned, with significant exploration targets and expansion potential.

• Aggressive exploration programs aim to expand known deposits and discover new ones for production longevity.