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Extension Of Colorado SW Gold Zone At Fondaway Canyon

VANCOUVER – Getchell Gold Corp. reported on drill holes FCG25-31 and FCG25-32, testing the down-dip extension of the Colorado SW gold zone at the preliminary economic stage, Fondaway Canyon project in Nevada.
“We have chalked up two more drill holes that continue to produce major gold intercepts at Fondaway Canyon.  The consistency and breadth of the gold mineralization is impressive as is the frequency of additional discoveries,” said, Mike Sieb, President.
Drill holes FCG25-31 and FCG25-32 were stationed on the same drill pad near the base of the canyon and were designed to test the down-dip extension of the Colorado SW zone. Both holes demonstrate the continued consistency and thickness of the Colorado SW gold zone. The Company has traced the Colorado SW zone for 500m on-section, with the mineralization remaining open both up and down dip, and along strike.
FCG25-31 was designed to test the down-dip extent of the Colorado SW zone and 40 metres along strike to the northwest from FCG21-12, drilled in 2021.  FCG25-31 successfully intersected a broad zone of gold mineralization comprising two closely spaced intervals grading 1.3 g/t Au over 45.4 m and 1.1 g/t Au over 40.3 m extending the Colorado SW zone 25-90 metres beyond the 2024 mineral resource estimate pit shell.
Of note, a significant gold interval grading 1.9 g/t Au over 50 m was encountered at a considerably shallower depth than the Colorado SW zone and may represent a newly developing upper lens of gold mineralization.  Additional drilling will be required to characterize the import of this gold intercept.
Drill hole FCG25-32 was designed to test the down-dip continuation of the Colorado SW zone as a 60m step out to the SW from hole FCG21-12 and on plane with hole FC17-05, drilled by a previous operator in 2017, a further 200m distant. FCG25-32 intersected a broad zone of mineralization grading 1.1 g/t Au over 90.7 m directly on trend with the projected geometry of the Colorado SW Zone.  This gold interval represents an accretive 60-80m step-out down-dip to the southwest from hole FCG21-12 and has extended the gold mi
An initial 10-hole 3,000-metre (10,000 foot) drill program is well underway and on track for completion by the end of October.  The drill program is designed to extend the gold mineralization both along strike and dip, with the goal to expand the mineral resource, enlarge the open-pit model, and significantly enhance the Project’s overall value.
Upon completion of the two drill holes reported herein, the drill moved 200 metres to the southeast to the base of the West Pit, to drill a series of three holes targeting the mineralized horizon between the Colorado SW and North Fork zones.  This area has experienced very limited historical drilling, is situated within the mineral resource pit shell, and is open for in-pit mineral resource expansion.

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