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Getchell Gold Corp. Reports on the Drilling Results for the Hot Springs Peak Project, Humboldt County, Nevada
Toronto, Ontario--(Newsfile Corp. - February 25, 2019) - Getchell Gold Corp. (CSE: GTCH) ("Getchell Gold" or the "Company") reports on the 2018 drilling results
About this update from Getchell Gold Corp.
[{"type":"text","content":" Toronto, Ontario--(Newsfile Corp. - February 25, 2019) - Getchell Gold Corp. (CSE: GTCH) (\"Getchell Gold\" or the \"Company\") reports on the 2018 drilling results for the Hot Springs Peak Project (HSP) and the analysis of the data moving forward to the next round of drilling and exploration. HSP is located in Humboldt County, Nevada approximately 50 km NE of Winnemucca (see map below). Additional information on the Company can be found on the Company's website at http://getchellgold.com. Figure 1 Highlights The first hole drilled on the project encountered Carlin Style alteration with anomalous gold, ranging up to 0.155 ppm, and pathfinder elements of arsenic, mercury and antimony in numerous intervals. Hole conditions ended the drilling at the top of the strongest geophysical anomaly (resistivity) on the property in silicified pyritic breccia. The QP states that \"a very large alteration system has been encountered in the lower 100 meters of the hole before drill hole stability forced the termination of drilling at 350 meters depth and before reaching the main target zone at 500 meters. The results from this initial drill hole warrant a full test of the target in 2019\". Figure 2 below shows, in strip log form, the lithology of hole HSP-RC-1 as well as the concentrations of gold (Au) and the pathfinder elements arsenic (As), mercury (Hg) and antimony (Sb) intersected. Strip logs for HSP-RC-2, HSP-RC-3 and HSP-RC-4 are available in JPG format at Click Here. Figure 2 Introduction During November-December 2018, four reverse circulation holes were drilled to depths ranging from 845 - 1045 feet (274-339 meters). Samples for each 5-foot interval of drilling were collected and recovery was excellent with no lost intervals. Sample sizes ranged from 6-18 kilogram per interval from the rotary splitter, which is an ideal statistical and manageable size sample for the lab to process. All drilling was completed using either a reverse circulation hammer bit or a tricone bit where high-water flow and/or collapsing hole conditions were encountered. Downhole surveys showed little deviation from vertical (<1degree) in holes 1, 2 and 4 while hole 3 deviated 17 degrees. The decision to begin drilling with a reverse circulation drill has proven to be the preferred method for initial drilling of an untested area. Quality control was excellent ...