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Kamis, 01 Agustus 2024

White Gold Corp. Encounters Highest Gold Values to Date and Doubles Strike Length of the Newly Discovered Gold-In-Soil Anomaly to 2.2 km on the QV Property

White Gold Corp. Encounters Highest Gold Values to Date and Doubles Strike Length of the Newly Discovered Gold-In-Soil Anomaly to 2.2 km on the QV Property and Prepares for Maiden Diamond Drill Program

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TORONTO, August 1, 2024 – White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the "Company") is pleased to announce that infill and extension soil sampling has refined and extended the newly discovered gold-in-soil anomaly on its QV property to 2.2 km along strike (Figure 1). The soil anomaly is located approximately 9 km northwest of the VG deposit and appears to be similar in character to the VG and Golden Saddle deposits which form part of the Company’s flagship White Gold Project.  The White Gold Project is located in west-central Yukon, Canada, and comprises 16 million tonnes averaging 2.23 g/t Au for 1,152,900 ounces of gold in the Indicated Resource category and 19 million tonnes averaging 1.54 g/t Au for 942,400 ounces of gold in the Inferred Resource category (1). These new results form part of the Company’s 2024 exploration program on its extensive and underexplored land package in the emerging White Gold District, Yukon, supported by strategic partners including Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corporation (TSX: K, NYSE: KGC).

 

“We are quite encouraged by these latest results from this newly discovered target. Our early-season soil sampling program has considerably extended the strike length of the target by over 1 km to 2.2 km and provided even greater continuity of high gold values.  Furthermore, the size, tenor, geochemical and geomagnetic characteristics of this target are also similar to our flagship Golden Saddle and VG deposits and represents exciting expansion potential with a maiden diamond drill program set to commence in the coming weeks” stated David D’Onofrio, Chief Executive Officer.

 

Shawn Ryan, Co-Founder and Chief Technical Advisor stated, “This newly discovered soil anomaly on the QV property is an interesting grass roots discovery for the Company as it reminds me of the anomaly that led to the discovery of the Golden Saddle and QV deposits which are close by and share a lot of similarities. Soil sampling followed by our systematic evaluation has proven very effective in our district and we are looking forward to drilling this new target”

 

Maps and images accompanying this news release can be found at http://whitegoldcorp.ca/investors/exploration-highlights/.

 

Highlights

  • 2024 soil survey consisted of 787 samples (Figure 2).
  • The surface expression of the gold-in-soil anomaly strikes east-northeast, measures 350 m wide x 2.2 km long, and is open along strike to the west and east.
  • Gold values range from < 0.5 ppb Au to a maximum of 600 ppb Au, with 29 samples returning greater than 80 ppb Au (approximately 99th percentile) in the range of 82.3 to 600 ppb Au.
  • The gold anomaly is associated with anomalous tellurium and low arsenic in soils, which represents a geochemical signature similar to the VG and Golden Saddle deposits which both form part of the Company’s flagship White Gold Project.
  • Magnetic and LiDAR data reveals that the newly identified soil anomaly is hosted within a similar structural environment as the VG and Golden Saddle deposits.
  • 2D inversions of recently completed VLF-EM survey lines indicate the gold-in-soil anomaly is associated with a moderately north-dipping hanging wall – footwall contact zone.
  • A maiden diamond drill program is currently being planned and expected to commence in the coming days.

2024 Soil Sampling Program

 

The 2024 soil survey consisted of 787 samples which included both infill and extension samples. The purpose of this year’s sampling was to provide better resolution over the main portion of the anomaly which was identified in 2023, and to extend the anomaly along strike to the west and east. Infill soil samples are spaced at 25 m on 50 spaced survey lines, and extension samples are spaced at 50 m on 100 spaced survey lines. The company has collected approximately 1,000 soil samples over the past two field seasons in defining this new target. Gold values range from < 0.5 ppb Au to a maximum of 600 ppb Au, with 29 samples returning greater than 80 ppb Au (approximately 99th percentile) in the range of 82.3 to 600 ppb Au. The anomaly also has associated anomalous tellurium. Arsenic in soil values is low, and overall, the signature appears to be similar to the VG and Golden Saddle deposits suggesting a similar style of mineralization. The surface expression of the gold-in-soil anomaly strikes east-northeast, measures 350 m wide x 2.2 km long, and is open along strike to the west and east towards the previously known Korat Diego anomaly.

 

Magnetic data reveals that the newly identified soil anomaly is situated near a mafic belt with a NNW-SSE orientation, similar to the structural context of the VG, Golden Saddle, and Ryan’s Surprise deposits located along strike approximately 9 to 19 km to the SE and SSE. The highly magnetic mafic belts are observed to occupy the hanging wall of E- to ENE-dipping, district-scale thrust faults, with gold mineralization at the VG, Golden Saddle, and Ryan's Surprise deposits occurring where intersected by significant NE- or NW-trending faults. At the newly identified soil anomaly, anomalous gold is localized at a fault intersection of a similar structural and magnetic pattern to those of the mentioned deposits and is associated with a semi-circular magnetic high approximately 1 km in diameter.

 

2D inversions of recently completed VLF-EM survey lines over the target indicate the gold-in-soil anomaly is associated with a moderately north-dipping hanging wall – footwall contact zone.

 

The Company is currently planning a maiden diamond drill program on the target which will consist of a minimum of 1200 m of drilling that will test up to 800 m of strike length. 

About the QV Property

 

The QV property comprises 1003 quartz claims which over an area of 19,671 hectares and hosts the VG deposit, which hosts an open pittable Inferred resource of 287,100 oz gold at 1.53 g/t(1) and forms part of the Company’s flagship White Gold Project. The mineralization is hosted along a N-E trending, gently south dipping structural zone that has been traced for over 700 m at surface and consists of disseminated to vein-controlled pyrite with brecciation, stockwork quartz-carbonate veining, and sericite alteration. The VG shares strong similarities to the Golden Saddle deposit located 11 km south of the VG deposit on the White Gold property both in structural setting as well as mineralization style and is open along strike and at depth. The property also hosts several other prospective targets which have received limited exploration work and offer potential for additional discoveries. 

Soil Sampling Methods and Analysis

 

The 2024 QV property soil geochemistry survey was contracted to GroundTruth Exploration Inc. of Dawson City, Yukon. Field technicians navigated to pre-planned sample sites using handheld GPS units and collected C-Horizon soil samples using an Eijklcamp brand hand auger at a depth of between 20 cm and 110 cm. Typically, 400 to 500 g of soil is placed in a pre-labeled bag, and a field duplicate sample is taken once every 25 samples. The GPS location of the sample site is recorded with the GPS unit, and the waypoint location is labeled with the project name and the sample identification number. A weather-proof handheld device equipped with a barcode scanner is used in the field to record the descriptive attributes of the sample collected, including sample identification number, soil colour, soil horizon, slope, sample depth, ground and tree vegetation, sample quality, and any other relevant information.

 

Analytical work for the 2024 soil geochemistry surveys was carried out at Bureau Veritas (BV) Canada, with preparation completed at their Whitehorse, YT facility and analysis at their hub laboratory located in Vancouver, BC. All soil samples were assayed for gold and a 37 multi-element suite using 0.25g aqua-regia digestion and ICP-MS analysis (Code AQ201). BV is an ISO 9001:2008 accredited facility, certificate number FM63007.

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About White Gold Corp.

The Company owns a portfolio of 15,876 quartz claims across 26 properties covering approximately 315,000 hectares (3,150 km2) representing approximately 40% of the Yukon’s emerging White Gold District. The Company’s flagship White Gold project hosts four near-surface gold deposits which collectively contain an estimated 1,152,900 ounces of gold in Indicated Resources and 942,400 ounces of gold in Inferred Resources(1). Regional exploration work has also produced several other new discoveries and prospective targets on the Company’s claim packages which border sizable gold discoveries including the Coffee project owned by Newmont Corporation with Measured and Indicated Resources of 2.1 Moz at 1.28 g/t gold and Inferred Resources of 0.2 Moz at 1.04 g/t gold(2), and Western Copper and Gold Corporation’s Casino project which has Measured and Indicated Resources of 7.6 Blb copper and 14.5 Moz gold and Inferred Resources of 3.3 Blb copper and 6.6 Moz gold(3). For more information visit www.whitegoldcorp.ca.

 

(1) See White Gold Corp. technical report titled “2023 Technical Report for the White Gold Project, Dawson Range, Yukon, Canada ”, Effective Date April 15, 2023, Report Date May 30, 2023, NI 43-101 Compliant Technical Report prepared by Dr. Gilles Arseneau, P.Geo., available on SEDAR+.

(2) See Newmont Corporation Form 10-K: Annual report for the year ending December 31, 2023, in the Measured, Indicated, and Inferred Resources section, dated February 29, 2024, available on EDGAR. Reserves and resources disclosed in this Form 10-K have been prepared in accordance with the Regulation S-K 1300, and do not indicate NI43-101 compliance.

(3) See Western Copper and Gold Corporation technical report titled “Casino project, Form 43-101F1 Technical Report Feasibility Study, Yukon Canada”, Effective Date June 13, 2022, Issue Date August 8, 2022, NI 43-101 Compliant Technical Report prepared by Daniel Roth, PE, P.Eng., Mike Hester, F Aus IMM, John M. Marek, P.E., Laurie M. Tahija, MMSA-QP, Carl Schulze, P.Geo., Daniel Friedman, P.Eng., Scott Weston, P.Geo., available on SEDAR+.

 

Qualified Person


Terry Brace, P.Geo. and Vice President of Exploration for the Company is a “qualified person” as defined under National Instrument 43-101 – Standards of Disclosure of Mineral Projects and has reviewed and approved the content of this news release.

 

Cautionary Note Regarding Forward Looking Information


This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “proposed”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, the Company’s objectives, goals and exploration activities conducted and proposed to be conducted at the Company’s properties; future growth potential of the Company, including whether any proposed exploration programs at any of the Company’s properties will be successful; exploration results; and future exploration plans and costs and financing availability.

 

These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include:


The expected benefits to the Company relating to the exploration conducted and proposed to be conducted at the White Gold properties; the receipt of all applicable regulatory approvals for the Offering; failure to identify any additional mineral resources or significant mineralization; the preliminary nature of metallurgical test results; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the Company’s properties; business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, silver, base metals or certain other commodities; fluctuations in currency markets (such as the Canadian dollar to United States dollar exchange rate); change in national and local government, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining and mineral exploration; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); the unlikelihood that properties that are explored are ultimately developed into producing mines; geological factors; actual results of current and future exploration; changes in project parameters as plans continue to be evaluated; soil sampling results being preliminary in nature and are not conclusive evidence of the likelihood of a mineral deposit; title to properties; ongoing uncertainties relating to the COVID-19 pandemic; and those factors described under the heading “Risks Factors” in the Company’s annual information form dated July 29, 2020 available on SEDAR+. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

 

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

 

For Further Information, Please Contact:

 

Contact Information:

David D’Onofrio

Chief Executive Officer

White Gold Corp.

(647) 930-1880

ir@whitegoldcorp.ca

 

Request Meeting: https://calendly.com/meet-with-wgo/15min

Kamis, 11 Juli 2024

Latin Metals Reports AGM Results. Appoints New Independent Director and Grants Incentive Stock Options

Rabu, 10 Juli 2024

Getchell Gold Corp. Updates Investor Communications Contact Details


Getchell Gold Corp. Updates
Investor Communications Contact Details



Vancouver, BC – July 10, 2024 – Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (FWB: GGA1) ("Getchell" or the "Company").


Kindly note, that in consideration for our shareholders, and in order to ensure that all communications are received and properly directed to management, the Company has streamlined its corporate communication channels.


The Company can be reached at:

  • Main Office: 1-647-249-4798

  • Toll Free:     1-877-684-0460

  • E-mail:         info@getchellgold.com


Management welcomes communication from any interested parties and trusts that these newly adopted measures will provide us with the confidence that those communications will be received and can be attended to in a timely manner.


The Company's website and published materials have been updated to reflect these changes.


Please note that due to this communication restructuring, there may be previous channels of communication that are no longer monitored or maintained.


Respectfully,

Getchell Gold Corp. Management


About Getchell Gold Corp.


The Company is a Nevada focused gold and copper exploration company trading on the CSE: GTCH, OTCQB: GGLDF, and FWB: GGA1.   Getchell Gold is primarily directing its efforts on its most advanced stage asset, Fondaway Canyon, a past gold producer with a large mineral resource estimate. Complementing Getchell's asset portfolio is Dixie Comstock, a past gold producer with a historic resource and two earlier stage exploration projects, Star (Cu-Au-Ag) and Hot Springs Peak (Au).

For further information please visit the Company's website at www.getchellgold.com or contact the Company at info@getchellgold.com.


Mr.  William Wagener, CEO


Office: 1-647-249-4798
Toll Free: 1-877-684-0460

info@getchellgold.com


The Canadian Securities Exchange has not reviewed this communication and does not accept responsibility for the adequacy or accuracy of this release.  


Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur.  Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of Getchell have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.  Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information.  The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.


Selasa, 25 Juni 2024

Getchell Gold Corp. Engages Forte Dynamics for Preliminary Economic Assessment of the Fondaway Canyon Gold Project, Nevada


Getchell Gold Corp. Engages Forte Dynamics
for Preliminary Economic Assessment
of the Fondaway Canyon Gold Project, Nevada 


Vancouver, BC – June 25, 2024 – Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (FWB: GGA1) ("Getchell" or the "Company") is pleased to announce the engagement of Forte Dynamics, Inc., of Fort Collins, Colorado ("Forte Dynamics") to prepare a preliminary economic assessment ("PEA") on the Fondaway Canyon gold project in Nevada ("Project").


The Company has been diligently advancing its flagship Fondaway Canyon gold project through the first half of 2024, building upon three highly successful drill campaigns and the publishing of the Project's first Mineral Resource Estimate in early 2023 ("2023 MRE")* (Company news release dated February 1, 2023), 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; and

  • 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.


The Company has been focusing on a number of key activities required to support a PEA on the Project with the first major task consisting of the generation of an updated mineral resource estimate ("Updated MRE").


Of the 26 holes drilled by the Company in the Central Area of Fondaway Canyon, only 18 of those holes were incorporated into the 2023 MRE. The results of the additional eight (8) drill holes were received after the cut off date for data to be included in the 2023 MRE.  All eight (8) of these drill holes, FCG22-20 to FCG22-28, excluding FCG22-24 that drilled a separate target area, reported significant intervals of gold mineralization (refer to Company news release dated June 6, 2024, for further details).


As part of the Updated MRE process, the Company has completed a bulk density sampling program to establish a representative value to input into the Updated MRE model.  A density of 2.74 g/cm3 was derived from the bulk density sampling program representing a 7% increase to the rock hosting the mineralized zones factored into the 2023 MRE (refer to Company news release dated June 6, 2024, for further details).  This value is a direct input factor in a mineral resource estimate and may potentially represent a commensurate increase in tonnes given all other factors and inputs remain unchanged.


The second major task launched is a metallurgical study of the mineralized material hosted within the Updated MRE.  There has been a fair breadth of historical metallurgical studies on the Project, however the majority were conducted 20 years ago or more. The current metallurgical study will represent a modernized analysis considering advancements in mineral processing experienced over the last 20years.


Additional drilling was not required to source material for the metallurgical testwork.  Two batches of analytical laboratory coarse rejects from the Company's drill programs were delivered to Forte Dynamics laboratory in April and May to initiate the metallurgical testwork.  A supplemental sampling program to collect oxide drill core material was determined to be warranted to assess the rock mechanics of the oxide zone material in addition to gold recoveries.   Four Company drill holes that had reported mineralized oxide material from surface were selected for sampling.  The half-core material residing in the core box, after splitting for the original analytical analysis for gold, was fully collected and delivered to the lab last week.

Figure 1:  Fondaway Canyon, Colorado Pit drill pad showing the mineralized oxide zone at surface and hole FCG22-20


Upon completion of the Updated MRE (to be completed by Apex Geoscience Ltd. of Edmonton, AB) and the modernization of the metallurgy (to be completed by Forte Dynamics), the Company will post a news release detailing the results.  Forte Dynamics awaits receipt of these two studies to incorporate into the Fondaway Canyon PEA with completion scheduled for the Fall.


Scott Frostad, P.Geo., is the Qualified Person (as defined in National Instrument 43-101) who reviewed and approved the content and scientific and technical information in the news release.


Mike Dufresne, P.Geo., of Apex Geoscience Ltd., author of the Technical Report Mineral Resource Estimate Fondaway Canyon Project, Nevada, USA filed by the Company on SEDAR+ on February 1, 2023,is an independent and qualified person for the 2023 MRE, as defined by National Instrument 43-101.


*Notes on the 2023 Mineral Resource Estimate:


1.     Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There has been insufficient exploration to define the Inferred Resource as Indicated or Measured Mineral Resources, however, it is reasonable to expect that the majority of the Inferred Mineral Resource could be upgraded to Indicated Mineral Resources with continued exploration.  There is no guarantee that any part of the mineral resources discussed herein will be converted into a mineral reserve in the future. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, marketing, or other relevant issues. The Mineral Resources in this report were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") standards on mineral resources and reserves, definitions, and guidelines prepared by the CIM standing committee on reserve definitions and adopted by the CIM council (CIM 2014 and 2019).

2.     The effective date of the Mineral Resource Estimate is December 15, 2022, and a technical report on the Fondaway Canyon project titled "Technical Report Mineral Resource Estimate Fondaway Canyon Project, Nevada, USA" was filed by the Company on SEDAR+ on February 1, 2023.

3.     The independent and qualified person for the MRE, as defined by National Instrument43-101, is Michael Dufresne, P.Geo., from APEX Geoscience Ltd.

4.     The Mineral Resource Estimate is underpinned by data from 518 reverse circulation and diamond drillholes totalling 52,395m of drilling that intersected the mineralized domains.

5.     The mineral resource is reported at a lower cut-off of 0.3 g/t Au for the conceptual open pit and 2.0 g/t Au for the conceptual underground extraction scenario. The lower cut-off grades and potential mining scenarios were calculated using the following parameters: mining cost = US$2.70/t (open pit); G&A = US$2.00/t; processing cost = US$15.00/t; recoveries = 92%, gold price = US$1,650.00/oz; royalties = 1%; and minimum mining widths = 1.5 metres (underground) in order o meet the requirement that the reported Mineral Resources show "reasonable prospects for eventual economic extraction".

6.     Original Au assays were composited to 1.5 m with 11,957 composites generated overall in the mineralized domains including 9,980 composites generated for the Central Zone,1,323 for the Mid-Realm / South Mouth Zone, and 654 for the Silica Ridge /Hamburger Hill Zone.

7.     Grade interpolation was performed by ordinary kriging using 1.5 metre composites (block size of 3m x 3m x 3m).

8.     A default density of 2.56 g/cm3 was used for the mineralized zones.

9.     The mineral resources estimate is categorized as indicated or inferred and classified based on data density, data quality, confidence in the geological interpretation and confidence in the robustness of the grade interpolation. The indicated category was defined by a search ellipse extending 55m along the major axis, 40m along the minor axis, and 10m vertical. In addition, a minimum of 3 drill holes were required, reporting 9 samples with a maximum of 3 samples per drill hole. The inferred category was defined using a search of up to 120 m and requiring at least 1 sample per drillhole from a minimum of 2 drillholes.

10.   High-grade capping supported by statistical analysis was completed on composite data foreach zone and was established at 29 g/t Au for the Central Zone, 6.5 g/t Au for the Mid Realm - South Mouth Zone, and 8.0 g/t Au for the Silica Ridge –Hamburger Hill Zone.

11.   The number of metric tonnes was rounded to the nearest thousand and gold ounces was rounded to the nearest hundred, and any discrepancies in the totals are due to rounding effects. Metal content is presented in troy ounces (tonnes x grade(g/T) / 31.10348).

12.   The author is not aware of any known environmental, permitting, legal, title-related, taxation, socio-political or marketing issues or any other relevant issue not reported in the technical report that could materially affect the mineral resource estimate.


About Getchell Gold Corp.


The Company is a Nevada focused gold and copper exploration company trading on the CSE: GTCH, OTCQB: GGLDF, and FWB: GGA1.   Getchell Gold is primarily directing its efforts on its most advanced stage asset, Fondaway Canyon, a past gold producer with a large mineral resource estimate. Complementing Getchell's asset portfolio is Dixie Comstock, a past gold producer with a historic resource and two earlier stage exploration projects, Star (Cu-Au-Ag) and Hot Springs Peak (Au).


For further information please visit the Company's website at www.getchellgold.com or contact the Company at info@getchellgold.com.


Mr.  William Wagener, CEO


Getchell Gold Corp.
Office: 1-647-249-4798
Toll Free: 1-877-684-0460

info@getchellgold.com


The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release. 


Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the timing and results of an updated Mineral Resource Estimate, metallurgical testwork, and Preliminary Economic Assessment at the Fondaway Canyon gold project.  Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur.  Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of Getchell have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.  Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information.  The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.