Getchell Gold Corp. Concludes Drill Program at the Fondaway Canyon Gold Project, Nevada
CSE: GTCH
OTCQB: GGLDF
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Getchell Gold Corp. Concludes Drill Program
at the Fondaway Canyon Gold Project, Nevada
Toronto, Ontario – November 13, 2020 – Getchell Gold Corp. (CSE : GTCH) (OTCQB: GGLDF)
("Getchell" or the "Company") a leading Nevada focused Gold and Copper exploration company
wishes to announce that the drill program has been completed at the Fondaway Canyon Gold
project (“Fondaway Canyon” or “Project”) located in Churchill County, Nevada.
Fondaway Canyon Drill Program Update
The drill program at Fondaway Canyon, as announced on September 8, 2020, has concluded with
6 holes drilled for a total 1,996 metres (6,550 feet).
Five of the six drill holes were collared within the Central Target Area, a 1,000 x 700 metre highly
mineralized NE-SW extensional zone within the central portion o f the 3.5 km long E-W trending
Fondaway Canyon gold mineralized corridor. The Central Target A r e a i s a n e x u s f o r t h e g o l d
mineralizing system observed at the Project with the five drill holes focusing on two of the NE-
SW (the Half Moon – South Pit and the Colorado – Pack Rat) mineralized zones.
The drill program in the Central Target Area was designed to address two primary objectives:
1.) Extend the known mineralization; and
2.) Characterize the known miner alization to assist with geological and resource modelling.
As planned, one hole was collared to test the Pediment Target A rea, the westernmost extent of
known gold mineralization along the 3.5 km long E-W trending Fo ndaway Canyon gold
mineralized corridor where two vertical drill holes completed in 2002 intersected broad intervals
of gold mineralization (refer to Company news release dated May 21, 2020 for further details).
The vast majority of the drill core was sampled in its entirety and all the drill core has been
delivered to the analytical lab for cutting and assaying. Due to the sample backlog experienced
by the analytical lab the Company does not anticipate receiving results until well into December.
Scott Frostad, P.Geo., is the Qualified Person (as defined in N I 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 com pany trading on the CSE:
GTCH and OTCQB: GGLDF. Getchell Gold is primarily directing it s efforts on its most advanced
stage asset, Fondaway Canyon, a past gold producer with a signi ficant 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 stage explora tion projects, Star Point and Hot
CSE: GTCH
OTCQB: GGLDF
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Springs Peak. Getchell has the option to acquire 100% of the Fo ndaway Canyon and Dixie
Comstock properties, Churchill County, Nevada.
The Company reiterates that its field activities to advance its assets are not impacted by the
COVID-19 Corona virus. The back log reported by the analytical lab is primarily the result of the
high volume of samples received due to the increased exploration activity triggered by a strong
gold market; in respect to any impact the COVID-19 corona virus may contribute. 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
The Canadian Securities Exchange has not reviewed this press re lease and does not accept responsibility
for the adequacy or accuracy of this news release. Not for dist ribution to U.S. news wire services or
dissemination in the United States.
Certain information contained herein constitutes “forward-looking information” under Canadian securities
legislation. Forward-looking infor mation includes, but is not l imited to, statements with respect to the
private placement and the completion thereof and the use of pro ceeds. 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, uncertain ties and other factors that may cause
the actual results to be materially different from those expres sed or implied by such forward-looking
statements or forward-looking information, including: the recei pt of all necessary regulatory approvals,
use of proceeds from the financing, capital expenditures and ot her costs, and financing and additional
capital requirements. Although management of Getchell have attempted to identify important factors that
could cause actual results to di ffer materially from those cont ained in forward-looking statements or
forward-looking information, there may be other factors that ca use 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 and future events could differ materially from those an ticipated 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-looking statements or f orward-looking information that are
incorporated by reference herein, except as required by applicable securities laws.