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Getchell Gold Corp (2)
Symbol GTCH
Shares Issued 196,236,783
Close 2025-12-01 C$ 0.375
Market Cap C$ 73,588,794
Recent Sedar Documents

Getchell drills 19 m of 5.8 g/t Au at Fondaway Canyon

2025-12-02 13:16 ET - News Release

Mr. Mike Sieb reports

GETCHELL GOLD CORP. DISCOVERS HIGH-GRADE GOLD, GRADING 5.8 G/T AU OVER 19.0M, BEYOND MINERAL RESOURCE PIT SHELL AT FONDAWAY CANYON, NV

Getchell Gold Corp. has presented assay results for drill hole FCG25-36, testing the northwest strike extension of gold mineralization at the company's 100-per-cent-owned, preliminary-economic-stage Fondaway Canyon gold project in Nevada.

Key highlights -- FCG25-36:

  • Extends strike of gold mineralization 70 metres to the northwest;
  • New high-grade discovery grading 5.8 grams per tonne gold over 19.0 metres, situated 35 metres beyond mineral resource pit shell and fully open in every direction;
  • Two additional intervals grading 1.4 grams per tonne gold over 23.6 metres and 2.2 grams per tonne gold over 11.2 metres demonstrate continuation of Colorado SW zone with 40 metres stepout to the northwest.

"There are a few major take-aways from hole FCG25-36 with all of them wholly positive and impactful. First and foremost, the results demonstrate the continuation of mineralization unabated along strike to the northwest. Secondly, and almost to be expected of the mineralizing system at Fondaway Canyon, is the discovery of another high-grade gold interval beyond the limits of previous drilling. Thirdly, this region is fully open for further expansion and bodes well for future mineral resource accretion," stated Mike Sieb, president of Getchell Gold.

Drill hole FCG25-36

Drill hole FCG25-36 was stationed partway up the north slope targeting the northwest extension of gold mineralization in a completely untested region. FCG25-36 targeted a region absent from previous drilling and represents the most northwesterly hole drilled to date.

FCG25-36 demonstrated the continuity of gold mineralization (Colorado SW zone) intersecting 1.4 grams per tonne gold over 23.6 metres and 2.2 grams per tonne gold over 11.2 metres (Table 1). These gold intercepts represent a 40-metre stepout along strike with gold mineralization remaining open for expansion.

In addition, farther down the drill hole, 35 metres beyond the mineral resource open pit shell and 70 metres on strike to the northwest from previous drilling, a high-grade zone was discovered grading 5.8 grams per tonne gold over 19.0 metres, including 12.9 grams per tonne gold over 6.5 metres (Table 1). This is one of the highest-grade gold intercepts reported in the Colorado SW region of drilling. Gold mineralization is fully open along strike and dip.

Given the high grade encountered, the gold mineralization situated beyond previously drilling extent and the potential for further expansion, follow-up drilling in this region is planned.

Limestone/marble significance

The primary lithology that hosts gold mineralization at Fondaway Canyon is a thick sequence of bedded siltstone, shale and mudstone.

At surface, northwest of the Colorado pit is a block of limestone/marble, host to the historic Upper Quick-Tung tungsten mine. This limestone/marble block is one of a series of structurally bound limestone/marble units situated between two parallel northeast-southwest faults spanning the distance from the Colorado pit to the Pack Rat gold zone.

Previous drilling has solely occurred to the southeast of this northeast-southwest corridor of limestone/marble blocks, except for drilling within the area north of the Colorado pit, which identified at surface high-grade gold mineralization (refer to the company's news release dated Sept. 23, 2025). Hole FCG25-36 is the first hole to extend the drilling to the northwest and target this untested region.

The results from hole FCG25-36 demonstrate that:

  1. High-grade gold mineralization has been discovered and occurs in contact with and to the northwest of (that is, on the other side of) a limestone/marble unit.
  2. The limestone/marble units and structural setting may be a gold enrichment control feature.
  3. The limestone/marble unit is itself mineralized, with gold reporting an intercept grading 0.4 gram per tonne gold over 14.8 metres.

The key take-away here is that the limestone/marble blocks and the northeast-southwest structural corridor that host them are not a limiting factor for gold mineralization amd may well form part of a control feature for gold emplacement and expansion of the mineral resource and open pit can be extended farther northwest than currently modelled. This discovery provides additional encouragement and impetus for follow-up drilling in this region.

Patrick McLaughlin, PGeo, is the qualified person (as defined in National Instrument 43-101) who reviewed and approved the scientific and technical content in the news release.

Virtual presentation

Mr. Sieb, president, will be presenting at the John Tumazos Very Independent Research 2025 Virtual Conference on Wednesday, Dec. 10, 2025, from 11 a.m. to 12 p.m. ET (8 a.m. to 9 a.m. PT).

After you register on-line, you will receive a confirmation e-mail with instructions on how to join the webinar.

The replay will be available within 24 hours after the presentation.

About Getchell Gold Corp.

The company is a Nevada-focused gold exploration company trading on the Canadian Securities Exchange (under the symbol GTCH), the OTCQB (under the symbol GGLDF) and 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 and recently published preliminary economic assessment.

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