Getchell Gold Corp. · CSE:GTCH
Getchell Gold — Investor Presentation (March 2024)
25 slides from Getchell Gold's investor presentation, March 2024
Slide 1: Growing a Major Gold Asset in Nevada
GROWING A MAJOR GOLD ASSET IN NEVADA Advanced Exploration Stage FONDAWAY CANYON GOLD PROJECT March 2024 CSE: GTCH OTCQB: GGLDF FWB: GGA1
Slide 2: Nevada: World-Class Gold Mining Jurisdiction
Nevada: World-Class Gold Mining Jurisdiction Nevada: Impressive Gold Stats* 23 major gold mines Ranked 5th in the world for gold production 4.5 M oz of gold produced annually valued at ~USD 9 billion (at today’s gold price) Ranked the #1 Mining Jurisdiction in the World Producing Gold Mines 2
Slide 3: Fondaway Canyon Advanced Exploration Gold Project
Fondaway Canyon Advanced Exploration Gold Project Acquired 100% Ownership through exercise of earn-in option January 2024 Excellent Location and Access 170 km (105 miles) East of Reno Fallon Field Office 3
Slide 4: Fondaway Canyon Gold Mineralization
Fondaway Canyon Gold Mineralization Getchell controls the entire 7 km East-West gold corridor Gold mineralization currently traced for 3.5 km along strike, 1 km wide, and 1 km vertical extent 2020-23 exploration focused on Central Area Mineralization outside of the Central Area is highly prospective
Slide 5: 2023 Mineral Resource Estimate
2023 Mineral Resource Estimate Fondaway Canyon Project 2023 Mineral Resource Estimate doubled the historic resource with 18 drill holes 8 holes drilled in 2022 were NOT included in the MRE. All eight holes intersected broad zones of mineralization and will be added to an updated MRE Gold mineralizat
Slide 6: Central Area 2020, 2021, and 2022 Drill Programs
Central Area 2020, 2021, and 2022 Drill Programs 2020-2022 28 holes drilled All Drill Holes Two Major Discoveries Intersected Substantial Colorado SW Zone Gold Mineralization FCG21-08: 1.4 g/t Au over 203.9m North Fork Zone FCG22-17: 3.8 g/t Au over 85.9m Continued expansion of the mineralization Pu
Slide 7: Colorado SW Gold Zone in Cross-Section (Looking NW)
Colorado SW Gold Zone in Cross-Section (Looking NW) 2020 2020 - 2023 Pre-Getchell Drilling Drill Results & Upside Potential Highly Prospective – 250m Zone 7
Slide 8: Central Area 2020, 2021, and 2022 Drill Programs
Central Area 2020, 2021, and 2022 Drill Programs 8
Slide 9: North Fork Gold Zone in Cross Section (Looking NW)
North Fork Gold Zone in Cross Section (Looking NW) 2020 2020- 2023 Pre-Getchell Drilling Drill Results & Upside Potential Highly Prospective – 250m Zone 9
Slide 10: North Fork Gold Zone - Near Surface High Grade
North Fork Gold Zone - Near Surface High Grade Getchell discovered the highest ‘grade x thickness’ drill intercepts in the history of the Project North Fork gold zone is higher grade, appears less constrained, and reveals the potential thicker and deeper roots of the mineralizing system High grade g
Slide 11: Fondaway Canyon Claim Map
Fondaway Canyon Claim Map 50% increase to claim package in 2023 4,400 acres in total 7 x 3 km footprint Covers entire gold corridor Provides ample area to expand Resource and host potential development 11
Slide 12: Macro Tailwinds
Fondaway Canyon Gold Project Highlights ▪ Mineral Resource remains OPEN for further expansion ▪ Open pit mine model supported by excellent gold grades & broad mineralization at surface ▪ Preliminary Economic Assessment next major milestone ▪ An aggressive drill program is planned to expand the Resou
Slide 13: Fondaway Canyon Gold Project
FONDAWAY CANYON GOLD PROJECT Advanced Exploration Stage Contact us: info@getchellgold.com +1 647 249 4798 *weighted average CSE: GTCH FWB: GGA1 OTCQB: GGLDF
Slide 14: Appendix
APPENDIX CSE: GTCH FWB: GGA1 OTCQB: GGLDF
Slide 15: Capital Structure, Management & Board
Capital Structure Management & Board SHARES OUTSTANDING: 129.3M WARRANTS: 45.7M @ $0.19* STOCK OPTIONS: 10.6M @ $0.38* BILL WAGENER DEBENTURE: $2.9M *weighted average BILL WAGENER Chief Executive Officer and Director MIKE SIEB President and Director MIKE SIEB BOB BASS Chairman CHRIS BASS Independent
Slide 16: Debenture Financing
Debenture Financing CAD $2.5M (minimum) up to CAD $5M Use of Proceeds: Final USD $1.6M payment to Canagold to complete the acquisition of Fondaway Canyon and Dixie Comstock properties 3 Year Term Prepayment any time after 6 months 11% Interest per annum Non-Compounded Payable at Maturity 10 Share Pu
Slide 17: Fondaway Canyon Metallurgical Testing + Potential Processing Flowsheet
Fondaway Canyon Metallurgical Testing + Potential Processing Flowsheet Based on American Barrick testwork performed in 1990: 93% gold recoveries estimated for a flotation circuit followed by CIL of the flotation tails Potential Processing Scenario – Similar to OceanaGold’s Haile Mine Open Pit Mine C
Slide 18: Colorado SW MRE 3D Gold Grade Block Model (Looking NW)
Colorado SW MRE 3D Gold Grade Block Model (Looking NW) The Colorado SW gold mineralization reveals excellent continuity Has been traced over 550 metres down-dip from surface Remains OPEN along strike and dip Fondaway Canyon MRE 3D gold grade block model sliced through the Colorado SW zone showing se
Slide 19: Drilling Highlights
Au Interval | From To DrillHole | (74) (m) (m) (m) FCG20-02 including Au Interval (g/t) (m) (m) (m) 10.6 87.0 15.3 d 1.4 10.2 104.9 115.1 56.6 FCG22-21 74.3 FCG22-26 1.8 29.4 108.3 137.7 83.8 FCG22-27 29.9 FCG22-28 0.8 98.0 182.5 280.5 58.0 Au Interval From To (g/t) (m) (m) (m) Drill Hole Drill Hole
Slide 20: North Fork MRE 3D Gold Grade Block Model (Looking SE)
North Fork MRE 3D Gold Grade Block Model (Looking SE) North Fork gold zone is higher grade, appears less constrained, and reveals the potential thicker and deeper roots of the mineralizing system Excellent continuity of mineralization traced over 500 metres down-dip from surface Mineralization is kn
Slide 21: Drilling Highlights
Drill Hole Drill Hole FCG20-04 including FCG22-19 including FCG21-10 including FCG21-16 including FCG22-17 including including including FCG22-22 including including FCG22-23 FCG22-18 including including FCG22-25 includit Drill Hole FCG20-04
Slide 22: Nevada Declining Gold Production
Nevada Declining Gold Production Diminishing Gold Production Gold Producers are: • Cashed up • Reporting their lowest debt levels in years • Have depleting reserves from years of underinvestment Triggering: • Competition • Increased valuation • Major Gold Acquisition Cycle 22
Slide 23: Historic Gold Price
Historic Gold Price - $2,000 Strong Market Fundamentals In Support of High and Increasing Gold Price 23
Slide 24: Fondaway Canyon Mineral Resources Estimate Notes
Fondaway Canyon Mineral Resources Estimate Notes 1. The independent and qualified person for the mineral resources estimate, as defined by NI 43-101, is Michael Dufresne, P.Geo., from APEX Geoscience Ltd. 2. Mineral Resources, which are not Mineral Reserves, do not have demonstrated economic viabili
Slide 25: Forward Looking Statements
Forward Looking Statements Certain of the statements made and information contained herein are “forward-looking information”. These statements relate to future events or the Company's future performance. Statements, other than statements of historical fact, may be forward-looking statements. General