Getchell Gold Corp. Intersects Multiple Gold Intervals Including 8.8 g/t Au over 8.1 m Within a Broader 3.0 g/t Au over 59.3 m Interval at the North Fork Zone, Fondaway Canyon, NV

Getchell Gold Corp. Intersects Multiple Gold Intervals Including 8.8 g/t Au over 8.1 m Within a Broader 3.0 g/t Au over 59.3 m Interval at the North Fork Zone, Fondaway Canyon, NV

Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") is pleased to provide assay results for drill hole FCG22-22 that successfully intersected multiple significant intervals of gold mineralization at the North Fork zone in the Central Area of the Fondaway Canyon project in Nevada.

Key Highlights

  • FCG22-22intersected four significant gold mineralized intervals including 8.8 g/t Au over 8.1 m within a broader 3.0 g/t Au over 56.6 m interval, and 2.4 g/t Au over 21.7 m;
  • Extends North Fork mineralization 50 metres to the south and east;
  • North Fork zone remains open in all directions;
  • Six additional holes completed (FCG22-23 to 28) with assays pending; and
  • The Company is awaiting receipt of the Fondaway Canyon Mineral Resources Estimate with expectations of a November delivery date

"The North Fork zone drilling has consistently returned substantial gold intercepts and extended the known mineralization well beyond last year's high-grade discovery," states Mike Sieb, President, Getchell Gold Corp. "Better yet, North Fork continues to remain open in all directions for further expansion."

Drill Hole FCG22-22

Drill hole FCG22-22, the fifth drill hole of the 2022 drill program at Fondaway Canyon (the "Project"), was drilled eastward from the southern margin of the Main Pit (Fig. 1 and 2), a site of small-scale mining during the 1970's and 1980s. The hole was designed to test for a continuation of the North Fork mineralization towards the southeast.

FCG22-22 intersected four significant gold mineralized intervals (Figure 3 and Table 1) consisting of:

  • 3.0 g/t Au over 56.6 m down hole including 8.8 g/t Au over 8.1 m (Upper North Fork);
  • 2.4 g/t Au over 21.7 m including 7.1 g/t Au over 5.3 m;
  • 0.8 g/t Au over 41.6 m; and
  • 1.1 g/t Au over 25.8 m.

The upper high-grade interval correlates well with the high-grade gold mineralization encountered in holes FCG21-16 and FCG22-17 that graded 6.3 g/t Au over 50.7 m and 3.8 g/t Au over 85.9 m respectively. This Upper North Fork gold zone is now prominent across at least seven drill holes and remains open in all directions.

The lower three gold intervals encountered down hole indicate the strength and pervasiveness of the mineralizing system at North Fork with additional holes required to delineate the extent of these lower intervals of mineralization.

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Figure 1: Fondaway Canyon North Fork gold zone drill location plan map.

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Figure 2: Fondaway Canyon plan map highlighting Getchell's drill results at the North Fork gold zone.

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Figure 3: Cross-section highlighting Getchell's gold intervals at North Fork up to drill hole FCG22-22.

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Drill hole FCG22-22 successfully extended the North Fork gold mineralization 50 metres to the east and south from previous drilling with North Fork remaining open in all directions along strike and up and down dip.

Table 1: Drill Hole FCG22-22 Notable North Fork Gold Intervals

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2022 Fondaway Canyon Drill Program Update

Twelve holes totalling 4,645 metres have been completed (FCG22-17 to FCG22-28) during the 2022 Fondaway Canyon drill program. Assay results have been released for six of those holes (FCG22-17 to FCG22) and assays are pending for holes FCG22-23 through FCG22-28.

Holes FCG22-17, 18, 19, 22, 23, and 25 were designed as step outs to test the extent of the North Fork mineralization encountered in hole FCG21-16 that graded 6.3 g/t Au over 50.7 m. Holes FCG 22, 23, and 25 were additionally designed as step outs to test the extent of two lower North Fork gold intervals discovered in FCG22-18 that graded 2.1 g/t Au over 43.4 m and 1.9 g/t Au over 72.6 m.

The results from holes FCG22-17 to 19 have been previously released with all three holes reporting substantial gold intervals (listed below) that successfully extended the North Fork zone.

FCG22-17: 3.8 g/t Au over 85.9 m including 17.7 g/t Au over 9.9 m (July 26, 2022 news release);

FCG22-18: 2.5 g/t Au over 43.4 m, 2.1 g/t Au over 46.9 m, and 1.9 g/t Au over 72.6 m (August 17, 2022 news release); and

FCG22-19: 1.8 g/t Au over 107.5 m (Sept. 27, 2022 news release).

The Company's first Mineral Resources Estimate for the Fondaway Canyon Gold project is being prepared by Apex Geosciences and will include results up to, and including, hole FCG22-19. Any results released subsequent to FCG22-19 will be in addition to the forthcoming Mineral Resources Estimate and incorporated into the next Mineral Resources Estimate.

Drill holes FCG22-20 and FCG22-21 successfully extended the Colorado SW zone to the east and west with FCG22-20 intersecting four significant gold mineralized intervals starting from surface including a major interval grading 1.7 g/t Au over 56.6 m and FCG22-21 intersecting 0.9 g/t Au over 74.3 m (Nov. 02, 2022 news release).

Similar to North Fork, the Colorado SW zone remains open for expansion both along strike as well as up and down dip.

Hole FCG22-24 was designed to test the Pediment target area located 2 km to the west of the Central Area. The Pediment target area is the westernmost known gold mineralized occurrence along the 3.5 km long E-W trending Fondaway Canyon gold mineralization corridor. The Pediment target area is the site of two vertical drill holes completed in 2002, 02FC-10 and 02FC-11, collared 185 metres apart that intersected 27.4 m grading 0.82 g/t Au and 36.6 m grading 0.52 g/t Au respectively. FCG22-24 successfully drilled through the Rangefront Fault and tested the target zone on the footwall side of this structure with results pending.

FCG22-26 and 27, stationed near the canyon floor on the same pad as FCG21-12 and 15, were respectively designed to test the eastern extent and conduct infill drilling of the Colorado SW zone.

FCG22-28, stationed midway up the north slope, was designed to conduct infill drilling and test the down-dip extent of the Colorado SW zone.

Upon the completion of FCG22-28, inclement weather and deteriorating road conditions dictated the decision to conclude the 2022 drill program at Fondaway Canyon. The technical team at site is focussing on processing the core from the last hole and transporting it to the lab for analysis whilst the senior technical team is closely guiding the efforts in the production of the forthcoming Mineral Resources Estimate.

Scott Frostad, P.Geo., is the Qualified Person (as defined in NI 43-101) who reviewed and approved the content and scientific and technical information in the news release.

The 2022 drill core is being processed using the same methods as the 2020 and 2021 drill programs. The core is cut at Bureau Veritas Laboratories' ("BVL") facilities in Sparks, Nevada, with the samples analyzed for gold and multi-element analysis in BVL's Sparks, Nevada and Vancouver, BC laboratories respectively. Gold values are produced by fire assay with an Atomic Absorption finish on a 30-gram sample (BV code FA430) with over limits re-analyzed using method FA530 (30g Fire Assay with gravimetric finish). The multi-element analyses are performed by ICP-MS following aqua regia digestion on a 30g sample (BV code AQ250). Quality control measures in the field include the systematic insertion of standards and blanks.

Highlighted drill intervals are based on minimum interval lengths of 3.3 metres (10 feet), a 0.25 g/t Au cut-off, and a maximum of 3.3 metres of internal dilution, with no top cut applied. Broader reported Intervals may include internal dilution in the calculated average weighted grades. All intervals are reported as downhole drill lengths and additional work is required to determine the true widths.

About Getchell Gold Corp.

The Company is a Nevada focused gold and copper exploration company trading on the CSE: GTCH and OTCQB: GGLDF. Getchell Gold is primarily directing its efforts on its most advanced stage asset, Fondaway Canyon, a past gold producer with a significant in-the-ground historic resource estimate and on the Star project, a past high-grade copper, gold, and silver small-scale producer. Complementing Getchell's asset portfolio is Dixie Comstock, a past gold producer with a historic resource and one earlier stage exploration project, Hot Springs Peak (Au). Getchell has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada.

For further information please visit the Company's website at www.getchellgold.com or contact the Company by e-mail at info@getchellgold.com or by phone at +1 647 249-4798.

Mr. William Wagener, Chairman & CEO

Getchell Gold Corp.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the use of proceeds. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of Getchell have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/144251

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Getchell Gold Corp. Welcomes New Chairman Bob Bass and Announces Change of Directors

Getchell Gold Corp. Welcomes New Chairman Bob Bass and Announces Change of Directors

Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (FWB: GGA1) (" Getchell " or the " Company ") warmly welcomes Robert (Bob) Bass as a Director and the new Chairman of the Board of Directors.

Getchell Gold Corp. logo (CNW Group/Getchell Gold Corp.)

Mr. Bass is a well-recognized and respected labor relations senior negotiator and spokesperson leading a distinguished career spanning decades. Celebrated as a key figure in his field, Mr. Bass has been instrumental in negotiations and arbitration for a wide array of major public sector entities, including the Metropolitan Toronto School Board, the Ontario Hospital Association, hospitals, police services, universities, nursing homes, and government.

Mr. Bass is an astute investor with a lengthy history and knowledge of investing in mining and mineral exploration. Mr. Bass's increasing ownership position in the Company, highlighted by his recent participation in the Company's debenture financing (Company news release dated Jan. 29, 2024 ), underscores his significant investment and belief in Getchell's ability to successfully advance its Nevada -based Fondaway Canyon Gold project.

Getchell Gold Corp. CEO and previous Chairman, Bill Wagener , expressed his enthusiasm for Mr. Bass's appointment stating, "Bob was one of the founders of Getchell when we started out as a private company. He has been a continuous and longtime supporter, and we are thrilled to welcome him to the helm of Getchell Gold Corp. His leadership, business acumen, and extensive network of contacts are precisely what we need to propel the recognition and valuation of the Company and the Fondaway Canyon Gold project. Bob's talents and dedication speak volumes, and we are confident in his ability to guide Getchell towards greater success."

Upon his appointment, Mr. Bass stated, "I am fully committed to take on the role of Chairman at Getchell Gold Corp. and motivated by the immense potential of the Fondaway Canyon Gold project, located in the world-class mining jurisdiction of Nevada . I believe that with our combined efforts, we can unlock great value for the Company and our shareholders. My confidence in this venture is unwavering, and I look forward to guiding the Company towards achieving its strategic goals."

In addition to Mr. Bass' appointment, the Company is pleased to welcome his son, Chris Bass , to its Board of Directors. Chris is a seasoned entrepreneur with significant experience in healthcare. He currently serves as the CEO of InventoRR MD Inc., where he has been pivotal in the development and success of the company's revolutionary flagship medical device, AbClo. These leadership changes underscore Getchell's commitment to continuous improvement and strong corporate governance, positioning the Company for long-term success.

In connection with the Director appointments, the Company has granted 1,000,000 stock options to Directors under the Company's 2022 stock option plan. Each option is exercisable into one common share of the Company at a price of $0.15 per share for a period of 5 years from the date of grant. Additionally, the Company has granted its investor relations consultant, Fred Cooper , 250,000 stock options on the same terms.

With the addition of Bob and Chris Bass , the Directors, Officers, and Management of Getchell Gold Corp. now own 20.4% of the Company on a partially-diluted basis.

In light of these new additions, Jim Mustard has resigned as a Director to the Company and will assume the role as an advisor and consultant to the Company. Jim is a well-respected capital markets and mining professional and the Company welcomes his continued contribution. In addition, Jerry Bella has resigned as a Director to the Company. The Company thanks Jerry for his efforts and wishes him the best in his future endeavours.

The Company further announces that it intends to enter into a debt settlement agreement with a bona-fide creditor of the Company to settle outstanding indebtedness in the aggregate amount of $3,000 (the "Debt") in exchange for the issuance of 23,100 common shares of the Company (the "Shares") at a price of $0.13 per Share. The Shares issued by the Company will be subject to a four-month hold period and the Debt settlement remains subject to Canadian Securities Exchange acceptance.

About Getchell Gold Corp.

The Company is a Nevada -focused gold and copper exploration company trading on the CSE: GTCH, OTCQB: GGLDF, and FWB: GGA1. Getchell Gold is primarily directing its efforts on its most advanced stage, 100% owned, Fondaway Canyon gold project, a past gold producer with a large mineral resource estimate. Complementing Getchell's asset portfolio are the 100% owned; Dixie Comstock , a past gold producer with a historic resource and two earlier stage exploration projects, Star (Cu-Au-Ag), and Hot Springs Peak (Au) projects. Fondaway Canyon and Dixie Comstock properties are located in Churchill County, Nevada .

For further information please visit the Company's website at www.getchellgold.com or contact the Company at info@getchellgold.com .

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding the impact of Board changes on the Company's future success. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of Getchell have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

SOURCE Getchell Gold Corp.

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Getchell Gold Corp. Announces Closing of Second Tranche of Debenture Financing

Getchell Gold Corp. Announces Closing of Second Tranche of Debenture Financing

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (FWB: GGA1) ("Getchell" or the "Company") is pleased to announce the successful closure of the second tranche of its previously announced debenture financing initiative (the " Debenture Financing "), raising an additional $1,003,998 . As part of the Debenture Financing, the Company issued 10,039,980 warrants (each a " Debenture Warrant "), each allowing the holder to purchase a common share of the Company at $0.10 per share until January 26, 2027 with 50% of the Debenture Warrants vested on closing and the remaining 50% will vest and be exercisable on March 26, 2025 . Between both tranches, the Company issued non-convertible debentures in the aggregate principal amount of $2,921,418 and an aggregate of 29,214,180 Debenture Warrants.

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Getchell Gold Corp. Announces Closing of Second and Final Tranche of Equity Financing

Getchell Gold Corp. Announces Closing of Second and Final Tranche of Equity Financing

/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (FWB: GGA1) ("Getchell" or the "Company") is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement of units (the " Unit Financing "). Between both tranches, the Company issued a total of 5,000,000 units (the " Units ") for gross proceeds of $500,000 . Each Unit is comprised of one common share and one common share purchase warrant (a " Unit Warrant "). Each Unit Warrant entitles the holder to acquire an additional common share at a price of $0.15 per common share for two years from the date of issuance.

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Getchell Gold Corp to Attend the 2024 Vancouver Resource Investment Conference

Getchell Gold Corp to Attend the 2024 Vancouver Resource Investment Conference

  • Exhibiting at Booth 808
  • Live Corporate Presentation: 11:10 - 11:20am - Sunday, Jan 21 st , Workshop 3

Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (FWB: GGA1) ("Getchell" or the "Company") is pleased to announce its participation in the upcoming 2024 Vancouver Resource Investment Conference (the "VRIC") in Vancouver on January 21-22, 2024 .

Getchell Gold Corp. logo (CNW Group/Getchell Gold Corp.)

The VRIC, a key event in the junior mining sector for 25 years, draws over 5,000 investors annually. It will feature a marketplace with more than 300 investment opportunities in the mining industry, covering the spectrum from early-stage exploration to advanced producing mines.

This conference presents a unique opportunity for Getchell to highlight its latest achievements at the Fondaway Canyon Gold Project and to outline its strategies for 2024. The conference schedule includes tailored meetings that match investors with appropriate projects, supported by expert analyses and updates on the latest trends in the mining sector.

Investors keen on attending the VRIC can register here: https://cambridgehouse.com/vancouver-resource-investment-conference . Getchell invites attendees to visit its booth where they can directly interact with the Company's leadership team and gain insights into Getchell's recent progress and future plans.

About Getchell Gold Corp.

The Company is a Nevada focused gold and copper exploration company trading on the CSE: GTCH, OTCQB: GGLDF, and FWB: GGA1. Getchell Gold is primarily directing its efforts on its most advanced stage asset, Fondaway Canyon, a past gold producer with a large mineral resource estimate.  Complementing Getchell's asset portfolio is Dixie Comstock , a past gold producer with a historic resource and two earlier stage exploration projects, Star (Cu-Au-Ag) and Hot Springs Peak (Au).  Getchell has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada .

For further information please visit the Company's website at www.getchellgold.com or contact the Company at info@getchellgold.com .

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation.  Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur.  Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information.  Although management of Getchell have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.  Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information.  The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

SOURCE Getchell Gold Corp.

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Getchell Gold Corp. Announces Raising Sufficient Funds to Make the Final Earn-In Option Payment to Acquire 100% of the Fondaway Canyon Gold Project, NV

Getchell Gold Corp. Announces Raising Sufficient Funds to Make the Final Earn-In Option Payment to Acquire 100% of the Fondaway Canyon Gold Project, NV

Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (FWB: GGA1) ("Getchell" or the "Company") is pleased to announce that the Company has received sufficient funds through its ongoing debenture financing (the " Debenture Financing ") to execute on the final USD 1.6 million earn-in option payment to acquire a 100% interest in the Fondaway Canyon and Dixie Comstock gold properties located in Nevada .

Getchell Gold Corp. logo (CNW Group/Getchell Gold Corp.)

"Completing the acquisition of the Fondaway Canyon gold project will undoubtably be a milestone event, marking a key inflection point in the trajectory of the Company." Bill Wagener , Chairman and CEO, commented. "A 100% acquisition of a large developing open-ended at-surface gold deposit in Nevada will deliver a major impetus for the Company going into the new year, especially as we head into a highly supportive and burgeoning gold market."

The Debenture Financing, as announced on Nov. 27, 2023 , remains ongoing and open for subscription to maximum proceeds of CA$5 million. Proceeds received in excess of US$1.6 million will be used to conduct further exploration work on the Fondaway Canyon gold project and for general working capital.

Under the terms of the option agreement (the " Agreement ") with Canagold Resources Ltd. (" Canagold ") executed on January 3, 2020 , the Company has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock , properties by paying Canagold a total of US$2 million in cash and US$2 million in the Company's shares staged over 4 years. The Company also has work commitments totaling US$1.45 million over the four years which have been fully satisfied.

In the preceding three anniversary payments, the Company has paid a total of US$400,000 in cash and US$1 million in the Company's shares with the outstanding balance, required to complete the acquisition, of US$1.6 million in cash and US$1 million in the Company's shares due on or before the fourth anniversary date.

The Company is preparing the final cash payment and share issuance to be fulfilled prior to year-end.

Fondaway Canyon Gold Project

Getchell Gold Corp. is delineating a potential Tier-1 gold resource at its flagship Fondaway Canyon gold project in Nevada, USA .

Following three consecutive successful drilling programs, the Company has effectively doubled the size of the historic resource, firmly placing Fondaway Canyon amongst the foremost developing projects in a world class mining jurisdiction. The Company recently published its first Mineral Resource Estimate (" MRE ") at Fondaway Canyon (Company news release dated February 1, 2023 ):

  • Gold mineralization is at and near surface supporting an Open Pit mine model;
  • Inferred Mineral Resource of 38.3 million tonnes at an average grade of 1.23 g/t Au for 1,509,100 ounces of gold ;
  • Indicated Mineral Resource of 11.0 million tonnes at an average grade of 1.56 g/t Au for an additional 550,800 ounces of gold ;
  • Strong gold mineralization in the most peripheral drill holes leaves the mineral resources open in most directions for further expansion and indicates a substantially larger body of mineralization than delineated to date (Company news release dated August 9, 2023 ); and
  • Fully permitted drill program designed to expand the mineral resources and upgrade Inferred Resources to Indicated.

Getchell Gold Corp. is well positioned to continue expanding the Mineral Resource Estimate and advancing towards a Preliminary Economic Assessment.

Notes on the Mineral Resource Estimate:

  1. Mineral Resources are not Mineral Reserves and have not demonstrated economic viability. There has been insufficient exploration to define the Inferred Resource as Indicated or Measured Mineral Resources, however, it is reasonable to expect that the majority of the Inferred Mineral Resource could be upgraded to Indicated Mineral Resources with continued exploration. There is no guarantee that any part of the mineral resources discussed herein will be converted into a mineral reserve in the future. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, marketing, or other relevant issues. The Mineral Resources in this report were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") standards on mineral resources and reserves, definitions, and guidelines prepared by the CIM standing committee on reserve definitions and adopted by the CIM council (CIM 2014 and 2019).
  2. The effective date of the Mineral Resource Estimate is December 12, 2022 , and a technical report on the Fondaway Canyon project titled "Technical Report Mineral Resource Estimate Fondaway Canyon Project, Nevada, USA " was filed by the Company on SEDAR+ on February 1, 2023 .
  3. The independent and qualified person for the MRE, as defined by National Instrument 43-101, is Michael Dufresne , P.Geo., from APEX Geoscience Ltd.
Supplemental Financing Increased

Further to the Company's announcement dated Nov. 30 and Dec. 8, 2023 , and due to elevated demand, the amount of the Financing has been increased, while all other terms remain unchanged. The Financing will consist of up to 5 million units at a price of 10 cents per unit, for gross proceeds of up to $500,000 .

Closing of the Financing is subject to receipt of all necessary corporate and regulatory approvals, including acceptance by the Canadian Securities Exchange. The securities issued pursuant to the financing will be subject to a statutory four-month hold period in accordance with applicable securities laws.

The securities offered in the Financing and the Debenture Financing have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements.

About Getchell Gold Corp.

The Company is a Nevada focused gold and copper exploration company trading on the CSE: GTCH, OTCQB: GGLDF, and FWB: GGA1. Getchell Gold is primarily directing its efforts on its most advanced stage asset, Fondaway Canyon, a past gold producer with a large mineral resource estimate. Complementing Getchell's asset portfolio is Dixie Comstock , a past gold producer with a historic resource and two earlier stage exploration projects, Star (Cu-Au-Ag) and Hot Springs Peak (Au). Getchell has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada .

For further information please visit the Company's website at www.getchellgold.com or contact the Company at info@getchellgold.com .

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the launching and completion of the Debenture Financing and Financing, the terms of the Debenture Financing and Financing, the issuance and vesting of Warrants, payment of finder's fees in connection with the Debenture Financing and Financing, receipt of all applicable regulatory approval of the Debenture Financing and Financing, the use of proceeds, and timing for the amended proxy materials for the Annual General and Special Meeting. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of Getchell have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

SOURCE Getchell Gold Corp.

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Grid Battery Exploration Team begins work on its Clayton Valley Lithium Project

Grid Battery Exploration Team begins work on its Clayton Valley Lithium Project

(TheNewswire)

Grid Battery Metals Inc..

Coquitlam, BC TheNewswire - March 28, 2024 - Grid Battery Metals Inc. (the "Company" or "Grid") (TSXV: CELL, OTCQB: EVKRF FRA: NMK2) is pleased announce that our 2024 Exploration Program has officially started on its Clayton Valley Lithium Project. The 2024 Exploration Program will begin with a Magnetotelluric (MT) geophysics survey performed by the KLM Geoscience ("KLM") as overseen by Grid's Qualified Professional, Mr. Steven McMillin P.G..

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Ramp Metals Provides Exploration Update and Announces Drilling Campaign

Ramp Metals Provides Exploration Update and Announces Drilling Campaign

Ramp Metals Inc. (TSXV: RAMP) ("Ramp Metals" or the "Company") is pleased to provide an update on the Company's exploration activities, including a drilling program at its flagship Rottenstone SW property.

Key Highlights

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1844 Closes Non-Brokered Private Placement of Units

1844 Closes Non-Brokered Private Placement of Units

1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844"), is pleased to announce it has closed its previously announced non-brokered private placement of units (each, a "Unit"). At closing, the Company issued 14,117,500 Units at a price of $0.02 per Unit for aggregate gross proceeds of $282,350 (the "Unit Offering").

Each Unit is comprised of one common share in the capital of the Company (a "Common Share") and one-half of one Common Share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder thereof to acquire one Common Share at an exercise price of $0.05 for a period of 36 months following closing of the Unit Offering.

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Osisko Metals Grants Stock Options

Osisko Metals Grants Stock Options

Osisko Metals Incorporated (the " Company " or " Osisko Metals ") ( TSX-V: OM ; OTCQX: OMZNF ; FRANKFURT: 0B51 ) wishes to announce that the Company's Board of Directors have approved the grant of incentive stock options to directors, officers, employees and consultants to purchase up to an aggregate of 1,935,000 common shares in the capital stock of the Company. Grants are subject to a three-year vesting period and a five-year term at an exercise price of $0.155 per share.

About Osisko Metals

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WESTERN COPPER AND GOLD ANNOUNCES METALLURGICAL PROGRAM AND ASSOCIATED DRILL RESULTS

WESTERN COPPER AND GOLD ANNOUNCES METALLURGICAL PROGRAM AND ASSOCIATED DRILL RESULTS

western copper and gold corporation ("Western" or the "Company") (TSX: WRN) (NYSE American: WRN) announces the launching of a metallurgical testing program (the "Metallurgical Program") for its wholly-owned Casino Copper-Gold Project (" Casino "). Fifteen composite samples were prepared from core acquired in 2023 (the "Drill Program"). Western's Technical and Sustainability Committee, comprised of members from Western, Rio Tinto Canada Inc. and Mitsubishi Materials Corporation, prepared the Drill and Metallurgical Programs.

Drill Program

The 2023 Drill Program consisted of seven holes for 2,244 m ranging from 130 m to 556 m in length. The drill holes were located inside the current pit boundaries and were selected to provide a range of grades, host rocks, and mineralogy for the Metallurgical Program (see Figure 1). The drill holes were also selected to convert indicated resource to measured.

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Aston Bay and American West Metals Announce Geophysical Program Set to Begin at the Storm Copper Project, Canada

Aston Bay and American West Metals Announce Geophysical Program Set to Begin at the Storm Copper Project, Canada

Geophysical program designed to deliver a pipeline of priority drill targets for new copper discoveries

Aston Bay Holdings Ltd. (TSXV:BAY)(OTCQB:ATBHF) ("Aston Bay" or the "Company") is pleased to provide details on the upcoming geophysical surveys and exploration program at the Storm Copper Project ("Storm" or the "Project") on Somerset Island, Nunavut. The program will be conducted by American West Metals Limited ("American West"), who is the operator of the Project. American West has completed the required expenditures to earn an undivided 80% interest in the Project. American West will be solely responsible for funding the program

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