Intersections From The First Hole Of The Drill Program At Fondaway Canyon


TORONTO - Getchell Gold Corp. reported on the first drill hole of the 2021 drill program at the Fondaway Canyon Gold Project in Nevada. Highlights: 3.0 g/t Au over 33.0m in FCG21-07, the first hole of the 2021 drill program at Fondaway Canyon; Represents a higher-grade gold mineralized interval than adjacent holes; Establishes lateral continuity of the Colorado SW Extension gold zone; Is the sixth consecutive hole in the Central Area that has intersected substantive gold mineralization by the Company; Results for hole FCG21-08, testing the extent of the Colorado SW Extension zone on strike to the NW in an area not previously drilled, are pending; Drill holes FCG21-07 and FCG21-08 were designed to start joining and demonstrate continuity of the previously drilled and widely spaced Colorado SW Extension mineralized zone drill intercepts along its 800m down-dip modeled length; and The Colorado SW Extension zone remains open along strike and to depth.

"This is a great start to the 2021 drill program. The continued confirmation of gold grade and continuity of the thick zones of mineralization support our high expectation for the Fondaway Canyon project and the balance of the drill program through to the end of the year," said, Mike Sieb, President.

The Company is currently drilling its Phase One 4,000 meter 2021 drill program at the Fondaway Canyon Gold Project as announced on June 1, 2021.

Fondaway is an advanced stage gold property with a large historic resource located in Churchill County, Nevada comprising 171 unpatented lode claims totaling 1,186 hectares (2,932 acres). Gold was first discovered in Fondaway Canyon in 1977 and over the intervening 40+ years it has been the subject of multiple exploration campaigns along a 3.5km E-W gold mineralized corridor 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.