Metallurgical Study Continues At Fondaway Canyon Gold Project

VANCOUVER – Getchell Gold Corp. has extended the scope of the metallurgical studies on the mineralized material at the Fondaway Canyon gold project with the objective to refine the metallurgical process, upgrade the concentrate, and determine the composition of the concentrate intended for market.
The Company undertook scoping level metallurgical test work on oxide and sulfide samples from the Fondaway Canyon gold project in 2024 for inclusion in the preliminary economic assessment (PEA).  The PEA outlines an open pit mining and conventional 8,000 tonne per day (tpd) milling operation and contemplates the production and ship/sale of a high-grade concentrate to a local 3rd party refinery.
The 2024 metallurgical test work (2024 Met Study) demonstrated the amenability of the mineralized material to conventional flotation, reporting highly satisfactory gold recoveries of 84%, and the generation of a low-weight high-grade concentrate.  In addition, the 2024 Met Study identified process methods to improve on the recoveries, however due to the commissioned scope of work and the allowable timeframe, further test work was deferred to during the 2025 exploration program.
Of note, the 2024 Met Study reported that multi-element analysis of the concentrate indicated that deleterious elements, if present, are not in sufficient quantity to negatively impact the sale of the concentrate and the concentrate should be readily marketable to 3rd party smelters or pressure oxidation facilities.
The overall objective of the 2025 metallurgical test work (2025 Met Study) is to upgrade the concentrate, refine the metallurgical process, and determine the characteristics of the concentrate intended for market.