Getchell Gold

Overview

Getchell Gold (CSE:GTCH,OTCQB:GGLDF) is a mineral exploration company advancing its growing portfolio of gold and copper projects in the premier mining jurisdiction of Nevada.

Getchell Gold’s flagship Fondaway Canyon features a significant historical gold resource, and the 2020 and 2021 drill programs both extended broad zones of mineralization and discovered new high-grade zones. The company is also actively exploring the copper-gold-silver Star project and owns the Dixie Comstock gold and Hot Springs Peak gold projects.

Getchell Gold and its projects benefit from Nevada’s prominence as one of the world’s top mining jurisdictions due to the state’s mineral-rich geology, clear and consistent permitting process, low-cost drilling, excellent access to infrastructure and well-established local labor pool. Nevada boasts 23 major gold mines and is ranked fourth in the world for gold production, producing 5.5 million ounces of gold annually.

Getchell Gold acquired the Fondaway Canyon project in 2020 and has an inferred mineral resource of 38.3 million tonnes at an average grade of 1.23 grams per ton (g/t) gold for 1.51 million ounces of gold and indicated mineral resource of 11 million tonnes at an average grade of 1.56 g/t gold for an additional 550,800 ounces of gold. The company plans to release a preliminary economic assessment in 2023.

Getchell Gold is managed by a team of mining professionals and resource-based capital market specialists. William Wagener, CEO, is a seasoned mining executive with over 45 years of international mining and exploration experience in a variety of commodities. President Mike Sieb, a very experienced geologist and mining executive, is taking an active role in directing the company’s exploration activities.

Company Highlights

• Three very successful drill seasons since acquiring the properties in 2020
• Cost-effective plan to add ounces through re-analysis of large legacy dataset amassed over multiple exploration and mining campaigns and construct a new mineralization 3D model
• Work towards developing an economic assessment of the company’s flagship Nevada-based assets.
• Fondaway Canyon Gold Project in Nevada has an inferred mineral resource of 38.3 million tonnes at an average grade of 1.23 grams per ton (g/t) gold for 1.51 million ounces of gold and an indicated mineral resource of 11 million tonnes at an average grade of 1.56 g/t gold for an additional 550,800 ounces of gold
• The company received authorization from the US Bureau of Land Management to construct an additional 12 drill pads as part of the planned 2023 drill program to expand the mineral resource at the Fondaway Canyon gold project.