Business
Getchell Gold 2022 Drilling at Fondaway Has Commenced at the North Fork High-Grade Discovery that Intersected 10.4 g/t Au over 25.0 m
Vancouver, British Columbia--(Newsfile Corp. - May 2, 2022) - Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") is pleased to announc
About this update from Getchell Gold Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - May 2, 2022) - Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (\"Getchell\" or the \"Company\") is pleased to announce that the 2022 drill program at the Fondaway Canyon gold project in Nevada has commenced. Key Highlights 2022 drill program at Fondaway Canyon is initially following up on last year's high-grade gold discovery reporting 10.4 g/t Au over 25.0m within a broader zone grading 6.3 g/t Au over 50.7m; The broader drill plan is to continue expanding on the substantive zones of mineralization discovered during the previous two years of drilling; and The Central Area zone of gold mineralization has been traced 600m along strike and 800m down dip from surface and remains open in most directions. \"The last drill hole of 2021 far exceeded expectations, reporting our best gold intercept to date and likely represents a newly-discovered highly-mineralized structural zone,\" states Mike Sieb, President, Getchell Gold Corp. \"I look forward with great anticipation to the first series of drill holes that will be bracketing this zone.\" 2022 Drill Program The Company has secured two drill rigs for 2022. The first rig has commenced drilling at the Fondaway Canyon gold project while the second rig is scheduled to commence a maiden drill program at the Star high-grade Cu-Au-Ag project situated 60 km to the north in two to three weeks. The rig slotted for Fondaway Canyon has initially been tasked with delineating the high-grade gold discovery intersected by the last hole, FCG21-16, of the 2021 drill program (Figure 1). FCG21-16 encountered a high-grade gold interval grading 6.3 g/t Au over 50.7m (117.5-168.2m) that includes 10.4 g/t Au over 25.0m (139.9-164.9m). This latter interval contained 12 samples reporting >10 g/t Au revealing strong internal high-grade gold consistency (Figure 2). Marking how truly exceptional this is, the FCG21-16 interval returned the greatest 'gold grade x thickness' value in the 40+ year history of gold exploration and mining at the Project and likely represents a major conduit for the gold mineralizing system at Fondaway Canyon. The first hole of the 2022 drill program, FCG22-17, is collared on the canyon floor on the same drill pad as hole FCG21-16. FCG22-17 is designed to target the North Fork mineralized zone as a 30m step out to the northwest from the ...