August 25, 2021
Toronto, Ontario – August 25, 2021 – Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (“Getchell” or the “Company”) is pleased to present the results from FCG21-08, the second drill hole of the 2021 drill program at the Company’s flagship Fondaway Canyon Gold Project in Nevada (“Fondaway” or “Project”).
- FCG21-08 intersected the Colorado SW Zone for over 200 metres with mineralized intervals that included: 4.2 g/t Au over 27.5m, 2.8 g/t Au over 24.5m, 1.4 g/t over 30.7m and 1.3 g/t Au over 16.8m;
- The high-grade Juniper zone was also intersected by FCG21-08 returning 4.7 g/t Au over 25.9m, that included 11.4 g/t Au over 5.5m, within 100 metres of the surface; The FCG21-08 Colorado SW intercepts are greater than 40 metres distance from FCG20-02 (1.9 g/t Au over 43.5m) and 55 metres on strike to the NW from hole FCG20-06 (1.5 g/t Au over 37.7m and 1.1 g/t Au over 38.3m). The Colorado SW Zone remains open along strike and to depth; and
- Hole FCG21-08 is the seventh consecutive hole in the Central Area that has intersected substantive gold mineralization by the Company.
“The unfolding story at the Fondaway Gold Project just keeps getting better. We continue to hit significant grades of mineralization over considerable widths, with our latest drill hole reporting one of the most outstanding series of gold intercepts in the forty-five-year history of gold exploration on the Project.” stated Mike Sieb, President, Getchell Gold Corp.
The Company is currently drilling its Phase One 4,000 metre 2021 drill program at the Fondaway Canyon Gold Project as announced on June 1, 2021. Three holes have now been completed (Figure 1) totaling 1,230 metres with assay results released for the initial two holes, FCG21-07 (Company news release dated Aug. 10, 2021) and FCG21-08.
2021 Drill Program Results – Colorado SW Extension Zone
Hole FC21-08 was drilled from the same drill pad as FCG21-07 and was designed to test the Colorado SW Extension Zone down-dip, and to the west, of FCG20-02. The hole produced highly impressive results from the Colorado SW Extension Zone, spanning a distance greater than 200m downhole. The highlighted gold grade intervals are shown in Table 1 and along the drill hole trace in Figure 3. The Colorado SW Zone remains open laterally and to depth.