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Getchell Gold Corp. Reports on the Exploration Results and the First Phase Drill Plan for the North Half of the Buena Vista Project, Pershing County, Nevada
Burlington, Ontario--(Newsfile Corp. - January 21, 2019) - Getchell Gold Corp. (CSE: GTCH) ("Getchell Gold" or the "Company") reports on explorations results an
About this update from Getchell Gold Corp.
[{"type":"text","content":" Burlington, Ontario--(Newsfile Corp. - January 21, 2019) - Getchell Gold Corp. (CSE: GTCH) (\"Getchell Gold\" or the \"Company\") reports on explorations results and presents the first phase four-hole drill plan for the Buena Vista Valley project areas (BVP). The drill plan is based on the Company's mapping-sampling, airborne magnetic and ground IP-Resistivity surveys conducted in 2018, earlier mapping in 2014 and a gravity survey conducted in 2011. BVP is located in Pershing County, Nevada approximately 60 km SSW of Winnemucca (see map below). Additional information on the Company can be found on the Company's website at http://getchellgold.com. The north half of the Buena Vista Project area is 7 kilometers in length and occurs on the western margin of the Northern Nevada Rift (see graphic below). The land controlled by Getchell Gold contains three surface mineralized project areas named Star Point, Star South and HS Canyon. The HS Canyon target is a new target identified by the 2018 airborne magnetic survey and was recently staked by Getchell Gold. These three project areas occur along the thrust fault boundary separating upper plate quartzite, chert and argillite from lower plate dolomite and limestone. The thrust fault is exposed at the surface on the HS Canyon project area and is projected to continue under gravel cover west of the Star Point and Star South project areas. The northern project areas, Star Point and Star South, occur in upper plate quartzite and argillite with the thrust contact concealed under shallow gravel cover as interpreted from the gravity survey results. The northern project areas transition from copper only (Star Point) into copper-gold occurrences (Star South). The strength of the surface mineralization in the northern two project areas is of interest from a standpoint of targeting what management believes to be the more favorable host rocks in the lower plate carbonates. The southernmost HS Canyon project area occurs on the thrust fault contact at the surface and contains gold mineralization of up to 0.5 g/t in marble as documented by the QP for the Company in 2014. Figure 2: IP-Resistivity Survey Results Star Point Star Point is the site of a historic, near surface, mining operation underlain by a magnetically defined intrusion. There are no historic production records available. The I...