Resources Estimate Announced From Fondaway Canyon

VANCOUVER - Getchell Gold Corp. reported the first Mineral Resources Estimate (MRE) for the Fondaway Canyon project in Churchill County, Nevada. The MRE conceptualizes potential open pit and underground mining. Mineral Resources Estimate Key Highlights include: 1) Significantly expands upon historical mineral resource. 2) Indicated Mineral Resource of 11.0 million tonnes at an average grade of 1.56 grams per tonne (g/t) gold (Au) for 550,800 ounces of gold. 3) Inferred Mineral Resource of 38.3 million tonnes at an average grade of 1.23 g/t Au for an additional 1,509,100 ounces of gold. 4) Gold mineralization remains open for further expansion in all contributing zones. 5) An Act containing provisions for the release of the Stillwater WSA is moving through the current session of the U.S. Congress with a recent vote overwhelmingly passed by the U.S. House of Representatives and a vote pending in the U.S. Senate.

"The Fondaway Canyon Mineral Resources Estimate far exceeds our expectations when we started this venture three years ago. The quantity and grade of gold outlined and the robustness of the Mineral Resources Estimate prominently places us in a select group within a premier gold jurisdiction," said, Mike Sieb, President. "As impressive as this is, it represents a snapshot in time. With the mineralization remaining open and an expanded exploration program planned for next year, this is only the first major milestone in a continuously developing story."