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Getchell Gold Corp. Provides Alteration and Mineralization Observations of Core from the May 2019 Drill Program at the Hot Springs Peak Project, NV

Toronto, Ontario--(Newsfile Corp. - July 3, 2019) - Getchell Gold Corp. (CSE: GTCH) ("Getchell Gold" or the "Company") further to its news release of June 6, 20

articleGetchell Gold Corp.July 3, 20193/company/getchell-gold-corp/news/getchell-gold-corp-provides-alteration-and-mineralization-observations-of-core-from-the-may-2019-drill-program-at-the-hot-springs-peak-project-nv
Getchell Gold Corp. Provides Alteration and Mineralization Observations of Core from the May 2019 Drill Program at the Hot Springs Peak Project, NV

About this update from Getchell Gold Corp.

[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - July 3, 2019) - Getchell Gold Corp. (CSE: GTCH) (\"Getchell Gold\" or the \"Company\") further to its news release of June 6, 2019 is pleased to provide an update on the core observations as they relate to the geology and mineralization at the Company's 100% owned Hot Springs Peak Property located in Humboldt County Nevada. The 783 meter deep core hole (HSP-C1) intersected extreme brecciation, carbon flooding, altered intrusions, silicification, sulfidation and argillization. Hornfels alteration will be confirmed with petrographic analysis. These alteration types and mineralization are discussed in conjunction with the following set of core photos including comments on the geophysical responses. The core hole was part of the planned Phase 2 exploration drill program to test for a Carlin Style Gold System in the central geophysical target area. The targeted anomaly is defined by the convergence of the magnetic low, chargeability high and resistivity high intersections in conjunction with the surface hornfels along the mine shaft trend containing the gold-arsenic mineralization and represents a follow up to the Phase 1 four-hole program that was completed last Fall (results detailed in a Company press release dated February 25, 2019). Core hole HSP-C1 is an offset from hole HSP-RC1, drilled last Fall, that encountered Carlin Style alteration with anomalous gold, ranging up to 0.155 g/t, and pathfinder elements of arsenic, mercury and antimony in numerous intervals. HSP-RC1 was terminated prematurely at a depth of 315 meters due to poor hole conditions which ended the drilling at the top of the highest intensity geophysical resistivity anomaly on the property. The following photos capture some of the alteration features that were intersected from the top of the core hole to the bottom. Figure 1. The first 265 meters of the hole was drilled by reverse circulation (RC). The hole was cased and then continued by core drilling to a total depth of 783 meters. The coring started at 265 meters depth and immediately encountered a sulfidic, argillized, quartz veined felsic intrusion containing pyrite, gray sulfide and a green alteration mineral - shown in Figure 1 above. Figure 2. At 303 meters depth, the core intersected silicified breccia containing pyrite and a green alteration mineral associated with ...

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