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GTCH.CN ·

Getchell Gold Corp. to host Fondaway Canyon Drill Program Update on Friday, February 12, 2PM EST/11 AM PST

Exploration Programs

CSE: GTCH

OTCQB: GGLDF

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Getchell Gold Corp. to host Fondaway Canyon Drill Program Update on Friday,

February 12, 2PM EST/11 AM PST

Toronto, Ontario – February 8, 2021 – Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or

the "Company"), a l e a d i n g N e v a d a f o c u s e d G o l d a n d C o p p e r e x p l o r a t i o n c o m p a n y , is pleased to

announce that it will host a drill program Investor Update Friday February 12, 2pm EST/ 11AM PST.

President Mike Sieb will provide a further update to the result s f r o m J a n u a r y 2 7 , w h i c h i n c l u d e d t h e

discovery of a new structural zone of high-grade gold at Fondaway Canyon, Nevada that delivered 6.2 g/t

Au over 21.9m including 9.6 g/t Au over 12.0m, and 20.4 g/t Au over 3.2m.

“We are thrilled that our initial drill holes testing the gold mineralization down-dip from the Colorado Pit

both intersected wide mineralized structures and extended the k nown gold mineralization towards the

southwest.” said Mike Sieb, President, Getchell Gold Corp. “We also encountered a very prominent and

high-grade interval not accounted for in our geologic model, th at highlights the extensive mineralizing

system at Fondaway, and we expect to release the outstanding 2020 drill program assay results shortly.”

President Mike Sieb's presentation will include an online tour of the underground modelling for Holes 1

thru 6, plus a live Question and Answer session. All investors and media are welcome.

Investors can register for the presentation here: https://app.livestorm.co/getchell-gold/getchell-gold-

fondaway-canyon-update-feb-12-2021?type=detailed

Scott Frostad, P.Geo., is the Qua lified Person (as defined in N I 43-101) who reviewed and approved the

content and scientific and technical information in the news release.

The 2020 drill core was cut at Bureau Veritas Laboratories’ (“B VL”) facilities in Sparks, Nevada, with the

samples analyzed for gold and mu lti-element analysis in BVL’s S parks, Nevada and Vancouver, BC

laboratories respectively. Gold values were produced by fire assay with an Atomic Adsorption finish on a

30-gram sample (BV code FA430) wi th over limits re-analyzed usi ng method FA530 (30g Fire Assay with

gravimetric finish). The multi-element analysis was performed by ICP-MS following aqua regia digestion

on a 30g sample (BV code AQ250). Quality control measures in the field included the systematic insertion

of standards and blanks.

About Getchell Gold Corp.

The Company is a Nevada focused gold and copper exploration com pany 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. Complementing

Getchell’s asset portfolio is Dixie Comstock, a past gold producer with a historic resource and two earlier

s t a g e e xp l or a t i on p r oj e c t s , S t a r a n d H ot S p r i n g s Pe a k . G e t c h e l l h a s t he op t i on t o a c q u i r e 1 00 % of t h e

Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada.

CSE: GTCH

OTCQB: GGLDF

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The Company reiterates that its near-term strategy to advance its assets is not impacted by the COVID-19

Corona virus. The Company continues to monitor the situation and is in compliance with all government

guidelines.

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

Company at [email protected].

Mr. William Wagener, Chairman & CEO

Getchell Gold Corp.

+1 303 517 8764

[email protected]

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the

adequacy or accuracy of this new s release. Not for distribution to U.S. news wire services or dissemination in

the United States.

Certain information contained herein constitutes “forward-looki ng information” under Canadian securities

legislation. Forward-looking information includes, but is not limited to, statements with respect to the private

placement and the completion thereof and 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, including:

the receipt of all necessary regulatory approvals, use of proceeds from the financing, capital expenditures and

other costs, and financing and additional capital requirements. 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, t here 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 an d future events could differ m aterially 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-lo oking statements or forward-looking

information that are incorporated by reference herein, except as required by applicable securities laws.