Fortitude Gold enters JV for $40M exploration of East Camp Douglas property in Nevada

Fortitude Gold Corp

Hawthorne Land & Minerals invests $40M for 40% interest; Fortitude retains 60% majority.
JV to fund aggressive exploration over ~1-2 years, targeting major gold discovery.
Fortitude contributes East Camp Douglas property; will manage project development and future production.
JV will pursue fast-track mine permitting in parallel with exploration under supportive administration.
Fortitude appoints two of three JV board members, maintaining operational control.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Fortitude Gold Corp entered into Joint Venture Agreement with Hawthorne Land & Minerals, LLC valued at $40 million (effective 2026-02-27).

Action: entry
Agreement: collaboration
Counterparty: Hawthorne Land & Minerals, LLC
Value: $40 million
Effective: 2026-02-27

Exact text from the filing

On February 27, 2026, Fortitude Gold Corp. (the “Company” or “Fortitude”) entered into a Joint Venture Agreement (the “JV Agreement”) with Hawthorne Land & Minerals, LLC (“Hawthorne”) to accelerate the exploration and development of its East Camp Douglas property located in Mineral County, Nevada.

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Fortitude Gold Corp filing history →

Source: SEC EDGAR

accession 0001104659-26-022307

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