- Recent, low-cost acquisition of two advanced stage gold projects with historic resource estimates and past mining operations
- 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.
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 has stated that it will be one of the more active explorers in the region in 2022. The company has secured two drill rigs, which will allow the maiden drilling program at the Copper-Gold-Silver Star Project to commence in early 2022, and for the Fondaway Canyon drill program to proceed for the entire drilling season. Getchell Gold and its projects benefit from Nevada’s prominence as one of the top mining jurisdictions in the world 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.