Fortitude Gold Corp. reported preliminary fourth quarter production of 572 gold ounces, contributing to a full year output of approximately 5,236 ounces in 2025. Production was sourced from active heap‐leach operations at the Isabella Pearl mine and residual leach recovery from the Isabella Pearl heap leach pad. The quarterly result represents a 5.2% increase over Q3 2025 and underscores steady operational performance as the company optimizes ore throughput and leach pad efficiency. Management highlighted that stacked heap leach cell recovery rates improved by 0.8 percentage points year over year, helping to offset lower head grades encountered in H2 2025.

Fortitude Gold is projecting approximately $186 million in free cash flow over the next four years, equivalent to $7.63 per share based on a $4,400 per ounce gold price assumption. This forecast leverages the company’s low‐cost, heap‐leach operations at County Line, Isabella Pearl and Scarlet South, which share common infrastructure to minimize capital outlays. As of December 31, 2025, Fortitude Gold held $11.7 million in cash on its balance sheet, with negligible equity dilution recorded during the year. The company’s disciplined dividend policy, aimed at high‐yield investors, remains intact, with quarterly payouts supported by cash flow generation and balance sheet liquidity.