Getchell Gold Corp. · CSE:GTCH
Getchell Gold — Investor Presentation (November 2023)
27 slides from Getchell Gold's investor presentation, November 2023
Slide 1: Growing a Major Gold Asset in Nevada
GROWING A MAJOR GOLD ASSET IN NEVADA Advanced Exploration Stage FONDAWAY CANYON GOLD PROJECT November 2023 CSE: GTCH OTCQB: GGLDF FWB: GGA1
Slide 2: Investment Highlights
Investment Highlights Getchell Gold Corp is an advanced stage exploration company that has delineated a significant gold resource at its Fondaway Canyon Project in Nevada which is OPEN in all directions ▪ Inferred resources of 1,509,100 ounces of gold grading 1.23 g/t; ▪ Indicate resources of 550,00
Slide 3: Fondaway Canyon Advanced Exploration Gold Project
Fondaway Canyon Advanced Exploration Gold Project • Excellent Location and Access • 170 km (105 miles) East of Reno • Fallon Field Office 3
Slide 4: 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 8.5 billion (at today’s gold price) Ranked the #1 Mining Jurisdiction in the World Producing Gold Mines 4
Slide 5: 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 5
Slide 6: Fondaway Canyon Gold Mineralization
Fondaway Canyon Gold Mineralization Getchell controls the entire East-West gold corridor along a 7 km length 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 hig
Slide 7: 2023 Mineral Resource Estimate
2023 Mineral Resource Estimate OPEN OPEN 8 holes drilled in 2022 were NOT included in the MRE. All eight holes intersected broad zones of mineralization and will be additive OPEN upon updating of the MRE OPEN Gold mineralization remains OPEN for further expansion OPEN 7
Slide 8: Central Area 2020, 2021, and 2022 Drill Programs
Central Area 2020, 2021, and 2022 Drill Programs 2020 (before Getchell drilling) Compiled Historic Dataset Revised Geo-mineralization Model Developed New Target Areas Designed an Initial Six Hole Drill Program to Test Model 8
Slide 9: 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 10: Colorado SW Gold Zone in Cross-Section (Looking NW)
Colorado SW Gold Zone in Cross-Section (Looking NW) 2020 2021 - 2023 Pre-Getchell Drilling Drill Results & Upside Potential Highly Prospective – 250m Zone 10
Slide 11: Colorado SW MRE 3D Gold Grade Block Model
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 12: North Fork Gold Zone in Cross Section (Looking NW)
North Fork Gold Zone in Cross Section (Looking NW) 2020 2021 - 2023 Pre-Getchell Drilling Drill Results & Upside Potential Highly Prospective – 250m Zone 12
Slide 13: North Fork MRE 3D Gold Grade Block Model
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 14: 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 High grade gold intervals observed at Fondaway Canyon are indicative of a Tier-1 Nevada mineralized system The extent of which, has yet to be tested 14
Slide 15: 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 16: Goal is to Build the Fondaway Canyon Gold Project into a Tier 1 Asset
Fondaway Canyon Accomplishments and Objectives 2024 Preliminary Economic Assessment - Upgrade Specific Density - Update Resource Estimate 2020-2023 ( include outstanding 8 drill holes ) Fondaway Canyon Acquisition - Update Metallurgy New Geologic Model 10,000m Drill Program 10,000m drilling - Expand
Slide 17: Capital Structure, Management & Board
Capital Structure Management & Board SHARES OUTSTANDING: 111.6M WARRANTS: 9.5M @ $0.58* STOCK OPTIONS: 9.3M @ $0.44* BILL WAGENER BILL WAGENER Chairman, Chief Executive Officer and Director MIKE SIEB President and Director MIKE SIEB JIM MUSTARD Independent Director JERRY BELLA Independent Director 1
Slide 18: 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 19: Fondaway Canyon Highlights and Macro Tailwinds
Fondaway Canyon Gold Project Highlights ▪ Mineral Resource remains OPEN for further expansion ▪ Preliminary Economic Assessment next major milestone ▪ Open pit mine model supported by excellent gold grades & broad mineralization at surface ▪ An aggressive drill program is planned to expand the Resou
Slide 20: Fondaway Canyon Gold Project
FONDAWAY CANYON GOLD PROJECT Advanced Exploration Stage Contact us: info@getchellgold.com +1 647 249 4798 CSE: GTCH FWB: GGA1 OTCQB: GGLDF
Slide 21: 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 22: 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
Slide 23: Appendix
APPENDIX CSE: GTCH FWB: GGA1 OTCQB: GGLDF
Slide 24: Drilling Highlights
Au Interval | From To DrillHole | (74) (m) (m) (m) FCG20-02 including Drill Hole Drill Hole FCG20-02 FCG20-03 FCG21-15 FCG20-05 FCG20-06 FCG22-20 FCG21-07 FCG22-21 FCG21-08 including FCG22-26 FCG21-11 FCG22-27 FCG21-12 FCG22-28
Slide 25: Drilling Highlights
Drill Hole Drill Hole Interval 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 26: 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 27
Slide 27: Historic Gold Price
Historic Gold Price - $2,000 Strong Market Fundamentals In Support of High and Increasing Gold Price 28
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