Mr. Mike Sieb reports
GETCHELL GOLD CORP. PROVIDES UPDATE ON THE FONDAWAY CANYON GOLD PROJECT, NV
Getchell Gold Corp. has provided an update on the Fondaway Canyon gold project in Nevada.
Following the recent publishing of the Fondaway Canyon 2024 updated mineral resource estimate (see the company's news release dated Sept. 11, 2024), which noted a significant increase from the previous iteration, the resource model was provided to Forte Dynamics Inc. of Fort Collins, Colo., to incorporate into a preliminary economic assessment (PEA). In order to vet the resource model and the setting of the mining operation considered for the PEA, a site visit is required to be conducted by engineers from Forte Dynamics.
During the week of Sept. 16, 2024, a detailed tour of the project site was carried out and a series of drill holes were reviewed. The objective of the site tour was for the engineers to obtain a first-hand perspective of the geographical, geological, structural and mineralization setting. The objective of the core review was to gain a further understanding of the geology and mineralization -- all in support of the mine and processing plant designs to be integrated in the PEA.
In conjunction, Forte Analytical Inc. of Fort Collins, Colo., is conducting metallurgical studies on the mineralized host rock to determine an optimized processing pathway for the Fondaway Canyon gold project that will underpin the process plant design in the PEA. These studies are continuing and the completion of the PEA is scheduled for this fall.
Scott Frostad, PGeo, is non-independent and the qualified person (as defined in National Instrument 43-101) who reviewed and approved the scientific and technical information in the news release.
About Getchell Gold Corp.
The company is a Nevada-focused gold and copper exploration company trading on the Canadian Securities Exchange under the symbol GTCH, on the OTCQB exchange under the symbol GGLDF and on the Frankfurt Stock Exchange
under the symbol 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 the high-grade Star (copper/gold/silver) projects.
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