Mr. William Wagener reports

GETCHELL GOLD CORP. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Getchell Gold Corp. is conducting a non-brokered private placement offering of up to 12.5 million units at a price of 20 cents per unit for aggregate gross proceeds of up to $2.5-million.

Each unit consists of one common share and one-half warrant of the company. Each warrant entitles the holder to acquire one additional common share at a price of 35 cents for a period of two years from the date of closing.

The proceeds from the private placement will be used for exploration and development at the company's properties and for general working capital.

In connection with the private placement, the company may pay finders' fees of up to 8 per cent cash, 8 per cent warrants and up to 8 per cent units. Each finder's unit will comprise one common share and one-half warrant. Each finder's warrant and finder's unit warrant will entitle the holder to acquire one additional common share of the company at a price of 35 cents for a period of two years from the date of closing.

The securities to be issued in connection with the private placement are subject to a statutory four-month hold period, in accordance with applicable securities laws.

About Getchell Gold Corp.

The company is a Nevada-focused gold and copper exploration company. 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 historical resource estimate. Complementing Getchell's asset portfolio is Dixie Comstock, a past gold producer with a historical resource, and two earlier-stage exploration projects: Star (copper-gold-silver) and Hot Springs Peak (gold). Getchell has the option to acquire 100 per cent of the Fondaway Canyon and Dixie Comstock properties, Churchill county, Nevada.

We seek Safe Harbor.