Business
Getchell Gold Corp. Plans for Initiation of 2020 Drill Program and Launches Video Showcasing the Gold Mineralization at Fondaway Canyon
Toronto, Ontario--(Newsfile Corp. - August 7, 2020) - Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company"), a leading Nevada focused Gol
About this update from Getchell Gold Corp.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - August 7, 2020) - Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (\"Getchell\" or the \"Company\"), a leading Nevada focused Gold and Copper exploration company, is pleased to announce the launch of a video highlighting the Company's flagship Fondaway Canyon Gold Project in Nevada (\"Fondaway\" or \"Project\") and an update on the forthcoming 2020 drill program at Fondaway. \"The extensive near-surface gold mineralization as depicted by the exploration model in the video is quite compelling and reflects our high expectations for the Fondaway Canyon Gold Project,\" states Mike Sieb, President, Getchell Gold Corp. \"We look forward to the much anticipated drill program scheduled to commence late this month that will test the further extent of the gold mineralization.\" Fondaway Canyon Gold Project Fondaway Canyon is an advanced stage gold property located in Churchill County, Nevada comprising 171 unpatented lode claims totaling 1,186 hectares (2,932 acres). Gold was first discovered in Fondaway Canyon in 1977 and over the intervening 40+ years has been the subject of multiple exploration campaigns totaling 735 reverse circulation and core drill holes, and small-scale open pit mining of the oxidized zone at surface. Over the last few months, Getchell's technical team has conducted a comprehensive interpretation of the historic data set to develop a newly refined geological and gold mineralizing model, and design a first phase drill program. To assist with the interpretation, the drill hole data set, with mineralization and geological controls applied, was rendered in a 3D exploration modelling software package. Ancillary to the process, the Company has produced a video as a means to convey and help our shareholders to visualize the mineralized domains used for exploration targeting and mineral inventory. The Fondaway Canyon Gold Project video can be found on the Company's website on the Investors page under Videos (https://www.getchellgold.com/investors/videos/). The exploration model in the video is constructed from drill hole sample intervals and shows two mineralized domains: a higher grade gold domain based on drill intercepts grading >1 g/t Au and an enveloping lower grade domain based on drill intercepts grading >0.25 g/t Au. Contained within the lower grade mineralized domain is a ...