John Bair

James Blanchard

Jim Blanchard

Mark Smith

Stephen Mogan

- Fortitude Gold reported **net sales of $4.7 million**  **[1828377_0001104659-25-106331_ftco-20251104xex99d1.htm:0]** **[1828377_0001104659-25-106331_ftco-20251104xex99d1.htm:3]**  and **net income of $0.2 million**, or **$0.01 per share**  **[1828377_0001104659-25-106331_ftco-20251104xex99d1.htm:0]** **[1828377_0001104659-25-106331_ftco-20251104xex99d1.htm:3]** , for the third quarter of 2025.
- The company produced **1,384 gold ounces** in Q3 2025  **[1828377_0001104659-25-106331_ftco-20251104xex99d1.htm:0]** **[1828377_0001104659-25-106331_ftco-20251104xex99d1.htm:1]** , with a total cash cost after by-product credits of **$1,244 per gold ounce sold**  **[1828377_0001104659-25-106331_ftco-20251104xex99d1.htm:0]** **[1828377_0001104659-25-106331_ftco-20251104xex99d1.htm:1]**  and an all-in sustaining cost of **$1,956 per ounce**.  **[1828377_0001104659-25-106331_ftco-20251104xex99d1.htm:0]** **[1828377_0001104659-25-106331_ftco-20251104xex99d1.htm:1]** 
- As of September 30, 2025, Fortitude Gold held a **cash balance of $11.7 million**  **[1828377_0001104659-25-106331_ftco-20251104xex99d1.htm:0]** **[1828377_0001104659-25-106331_ftco-20251104xex99d1.htm:2]**  and **working capital of $28.5 million**.  **[1828377_0001104659-25-106331_ftco-20251104xex99d1.htm:0]** **[1828377_0001104659-25-106331_ftco-20251104xex99d1.htm:2]** 
- The Bureau of Land Management (BLM) and Nevada Division of Environmental Protection (NDEP) approved all permits for the **County Line gold project** in September 2025, enabling the company to advance it into production.  **[1828377_0001104659-25-106331_ftco-20251104xex99d1.htm:0]** 
- The company paid **$0.7 million in cash dividends** to shareholders during Q3 2025.  **[1828377_0001104659-25-106331_ftco-20251104xex99d1.htm:0]**

Fortitude Gold (FTCO)