Drill Program Underway At Fondaway Canyon Gold Project

TORONTO - Getchell Gold Corp. reported the commencement of a 2,000 meter drill program at the Company's flagship Fondaway Canyon Gold Project in Nevada. Highlights: Fondaway Canyon, with a large historic resource, exhibits an extensive gold mineralizing system open in all directions; The Phase 1 six-hole 2,000 meter drill program at Fondaway Canyon has commenced; Five holes planned for the highly mineralized Central Target Area to extend the known mineralization and to characterize the mineralization for geological and resource modeling; & One hole planned to determine the characteristics and orientation of the broad intervals of gold mineralization previously reported in the highly prospective Pediment Target Area.

Fondaway Canyon is an advanced stage gold property with a large historic resource located in Churchill County, Nevada comprising 171 unpatented lode claims totaling 2,932 acres. Gold was first discovered in Fondaway Canyon in 1977 and over the intervening 40+ years has been the subject of multiple exploration campaigns totaling 735 reverse circulation and core drill holes, small-scale open pit mining of the oxidized zone at surface, and underground development limited to exploration and bulk sampling along one of the main gold mineralized shear vein zones.

Over the last several months, Getchell's technical team has conducted a comprehensive interpretation of the historic data set to develop a newly refined geological and gold mineralizing model. Stemming from this work, the Company has designed a Phase 1 drill program consisting of an initial 6 drill holes totaling 2,000 meters, performed by a coring rig, that will test various aspects of the extensive gold mineralizing system at Fondaway.