Recent Six Hole Drill Program At Foldaway Canyon Gold Project

TORONTO - Getchell Gold Corp. announced the remaining results from the recent six-hole 1,995 meter drill program at the Company's flagship Fondaway Canyon Gold Project in Nevada. Key Highlights: Assay results have been returned for the last 3 holes (FCG20-04, 05, and 06) completed during the 2020 drill program at Fondaway Canyon; These final three holes all intersected broad zones of gold mineralization and have significantly extended the previously defined gold domains; 8.6 g/t Au over 9.8 meters high-grade gold intercept was encountered by FCG20-04 as it pierced the main Half Moon Shear Vein 54 meters below surface; 2.5 g/t Au over 58.0m including 10.3 g/t Au over 5.2m, was intersected by FCG20-04 within the newly identified North Fork Gold Zone that extended known gold mineralization 200 meters; Holes FCG20-05 and FCG20-06 successfully extended the mineralized Colorado structural zone, initially intersected by holes FCG20-02 and FCG20-03, 150 meters down dip towards the southwest; 1.8 g/t Au over 90.0m including 4.4 g/t Au over 11.1m was returned from the Colorado SW Extension in FCG20-05; 1.5 g/t Au over 37.7m and 1.1 g/t Au over 38.3m were returned from the Colorado SW Extension in FCG20-06; and Highlighted gold zones remain open laterally and down-dip.

"We are extremely encouraged with our results from the inaugural drill program at Fondaway Canyon within the Central Target Area. It's not very often that every hole of an exploration drill program returns gold intersections as good as or better than anticipated," stated Mike Sieb, President, Getchell Gold Corp. "Our 2020 drill program substantially expanded the known mineralization and demonstrated our broadest gold zones remain open with excellent potential for further extension. Assay results have now been received for all six diamond drill holes (FCG20-01 to FCG20-06) from the drill program completed at Fondaway Canyon in late 2020 with the notable gold mineralized intervals."