Authorization To Construct Twelve Additional Drill Pads At Fondaway Canyon Gold Project

VANCOUVER - Getchell Gold Corp. reported that as part of the planned drill program to expand the Mineral Resource at the Fondaway Canyon gold project, it has received authorization from the US Bureau of Land Management to construct an additional 12 drill pads.

The Fondaway Canyon gold project is host to a large, near and at surface Mineral Resource Estimate (MRE) reporting: Inferred Mineral Resource of 38.3 million tonnes at an average grade of 1.23 g/t Au for 1,509,100 ounces of gold; Indicated Mineral Resource of 11.0 million tonnes at an average grade of 1.56 g/t Au for an additional 550,800 ounces of gold; Strong gold mineralization in the most peripheral drill holes leaves the mineral resources open in most directions for further expansion and indicates a substantially larger body of mineralization than delineated to date; and The drill plan is designed to expand the mineral resources and upgrade Inferred resources to Indicated.

"Having released a continuous series of exceptional drill results over the last three years, it is important to step back and appraise the potential of the Fondaway Canyon project as a whole," said President Mike Sieb. "What becomes immediately obvious is the strong and prevalent gold mineralization encountered in the most peripheral drill holes, signifying a robust mineralizing system that has yet to be truly tested. This causes us to seriously wonder how big it can be, and the additional 12 drill pads will enable us to conduct step-out drilling and start to answer that very important question."