March 18, 2021
Toronto, Ontario – March 18, 2021 – Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (“Getchell” or the “Company”) a leading Nevada focused Gold and Copper exploration company is pleased to announce that it has secured a drill rig for early May 2021 to commence a Phase One 4,000 metre drill program at the Company’s flagship Fondaway Canyon Gold Project in Nevada (“Fondaway” or “Project”).
“We are extremely eager to return to Fondaway Canyon with the intention of expanding our new, near surface, gold zones discovered during the 2020 drill program.” stated Mike Sieb, President, Getchell Gold Corp. “Having access to a dedicated drill rig ensures we can focus on advancing Fondaway Canyon throughout 2021.”
Fondaway Canyon Gold Project
Getchell Gold completed a very successful 6-hole 1,995 metre drill program at Fondaway Canyon in late 2020. The results released in January and February 2021 (see Company news releases dated January 27 and February 10, 2021) from the drilling within the Central Area demonstrated:
- the identification of thick zones of gold mineralization interpreted as a down dip continuation of surface mineralization; and
- the prevalence of high-grade mineralized structures with notable widths within the overall mineralizing system.
The Company has contracted First Drilling to provide a coring rig for the commencement of drilling at Fondaway Canyon in early May 2021.
The Company is in the planning and preparation stage, and will release additional details on the 2021 drill program when they become formalized.
Star Copper-Gold-Silver Project Update
A drill program is planned for the first half of 2021 at the Star Copper-Gold-Silver Project, located 60 km north of Fondaway Canyon. The geophysical survey results completed at the end of 2020 have been modelled and the Company’s technical team is presently finalizing the drill plan for permitting. Once the plans and timing of the 2021 drill program at Star are formalized, the Company will release further details on the 2021 exploration program at Star.
Scott Frostad, P.Geo., V.P. Exploration, is the Qualified Person (as defined in NI 43-101) who reviewed and approved the content and scientific and technical information in the news release.