Getchell Gold Corp. · CSE:GTCH
Getchell Gold — Investor Presentation (January 2025)
28 slides from Getchell Gold's investor presentation, January 2025
Slide 1: The Fondaway Canyon Gold Project, Nevada
The Fondaway Canyon Gold Project, Nevada January 2025 2025 Recently Released Positive Preliminary Economic Assessment CSE: GTCH OTCQB: GGLDF FWB: GGA1
Slide 2: Fondaway Canyon 2025 Preliminary Economic Assessment Highlights
Fondaway Canyon Gold Project 2025 Preliminary Economic Assessment PEA Highlights (based on $2,250 Au and 84% recoveries) 8,000 tpd / 2.9 million tpa, 10.5-year open pit mine life Conventional mill producing high-grade concentrate $546 million pre-tax NPV10% and 51.2% pre-tax IRR 3.1 year pay
Slide 3: Capital Structure and Management & Board
Capital Structure Management & Board SHARES OUTSTANDING: 132.4M MIKE SIEB, President A senior executive with over 30 years of strong corporate and MARKET CAP: $22M project management experience in international mining and exploration across multiple commodities and jurisdictions. During WARRANTS: 60
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 9 billion (at today’s gold price) Ranked the #1 Mining Jurisdiction in the World Producing Gold Mines 4
Slide 5: Excellent Location (Road Access, Resources, and Jurisdiction)
Fondaway Canyon Excellent Location (Road Access, Resources, and Jurisdiction) 170 km (105 miles) East of Reno 100% Ownership Fallon Field Office and Core Logging Facility 5
Slide 6: 40+ Years of Exploration and Mining
Fondaway Canyon 40+ Years of Exploration and Mining Laying the Groundwork for Recent Major Discoveries Road Building Drilling Mining Main Pit Vat Crusher Leach Heap Leach Pad UG Exploration Half Moon Zone Portal 6
Slide 7: Fondaway Canyon – Claims and Gold Corridor
Fondaway Canyon – Claims and Gold Corridor Gold mineralization traced for: 4 km along strike, 1 km wide, and 1 km vertical extent Strong and extensive mineralizing system that remains open and underexplored US Federal government opens additional land for exploration and mining at Fondaway Canyon in
Slide 8: 2024 Recently Updated Mineral Resource Estimate
Fondaway Canyon 2024 Recently Updated Mineral Resource Estimate* Gold mineralization OPEN for further expansion in most directions along strike and dip Excellent gold grade Consistent and thick body of mineralization Significant oxide component * Refer to appendix for additional details and
Slide 9: Gold Price is Now Markedly Higher
Fondaway Canyon Gold Price Gold Price is Now Markedly Higher US$1,950 gold price US$2,250 gold price Gold price is Higher gold price underpins the 2024 underpins the 2025 significantly higher Mineral Resource Preliminary Economic than underlying basis directly improves Estimate Assessment for valuat
Slide 10: 2025 Preliminary Economic Assessment (PEA)
Fondaway Canyon 2025 Preliminary Economic Assessment (“PEA”) The 2025 PEA outlines an open pit mining and conventional 8,000 tonne per day (“tpd”) milling operation with an initial planned 10.5 year mine life The scope of the PEA was limited to the open pit mineral resource in the Central Area
Slide 11: PEA Economic Parameters
Fondaway Canyon 2025 Preliminary Economic Assessment (“PEA”) Table 1: Economic Parameters Key Assumptions Base Case Gold Price $2,250/oz Production Profile Total Tonnes Processed (mt) 30.3 Total Tonnes Waste (mt) 143.4 Strip Ratio 4.7 Mill Feed Grade 1.50 g/t Au Mine Life 10.5 years Throughput (mtpa
Slide 12: Strong Project Economics
Fondaway Canyon 2025 Preliminary Economic Assessment (“PEA”) Strong Project Economics Table 2: Project Economics Summary Pre-Tax $2,250/oz Gold Price $2,500/oz Gold Price Pre-Tax After-Tax Pre-Tax After-Tax $546 million pre-tax NPV10% NPV5% ($M) $ 761 $ 668 $ 990 $ 849 51.2% pre-tax IRR NPV8% ($
Slide 13: Robust Production Profile
Fondaway Canyon 2025 Preliminary Economic Assessment (“PEA”) Robust Production Profile 1.23 million ounces gold recovered over a 10.5 life of mine (“LOM”) 117,300 ounces average annual gold production LOM strip ratio of 4.7 to 1 1.50 g/t Au (0.048 oz/tonne) mined grade 84% gold recovery to
Slide 14: Excellent Cost Profile
Fondaway Canyon 2025 Preliminary Economic Assessment (“PEA”) Excellent Cost Profile Table 4: Order of Magnitude Capital Cost Estimate Capital Costs $M $226.5 million initial capital expenditure Process Capital Cost Mine Model $ 131.7 (includes 20% contingency) Preproduction and Facilities $ 57.0
Slide 15: Central Area Upside Potential
Fondaway Canyon Central Area Upside Potential Two Major Discoveries All Drill Holes Colorado SW Zone Intersected Substantial FCG21-08: Gold Mineralization 1.4 g/t Au over 203.9m North Fork Zone FCG22-17: 3.8 g/t Au over 85.9m High Confidence for Additional Discoveries 16
Slide 16: 2024 Colorado SW MRE 3D Gold Grade Block Model
2024 Colorado SW MRE 3D Gold Grade Block Model (Looking NW) The Colorado SW gold Gold Mineralization mineralization reveals at Surface 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 thr
Slide 17: 2024 North Fork MRE 3D Gold Grade Block Model
2024 North Fork MRE 3D Gold Grade Block Model (Looking NW) Excellent continuity of mineralization traced 500m down-dip from surface Hole FC17-05 intersected 2.5 g/t Au over 23.8m and ended in mineralization providing strong indication for the continuation of gold mineralization beyond the curren
Slide 18: North Fork Gold Zone - Near Surface High Grade
North Fork Gold Zone - Near Surface High Grade Discovered the highest ‘grade x thickness’ drill intercepts in the 40-year history of the Project Higher grade zones appear less constrained and reveals the potential thicker and deeper roots of the mineralizing system High grade gold intervals are indi
Slide 19: Upside Potential
Fondaway Canyon Upside Potential The scope of the PEA was limited to the open pit mineral resource in the Central Area of the Project, a 1 km2 area that: • Represents only a portion of the largely underexplored 7 km long east-west gold corridor, covering a 10 km2 prospective area; and • Does not i
Slide 20: Fondaway Canyon Gold Project
FONDAWAY CANYON GOLD PROJECT An Advanced Exploration Stage Project That Continues to Impress Contact us: info@getchellgold.com +1 647 249 4798 CSE: GTCH FWB: GGA1 OTCQB: GGLDF
Slide 21: 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 22: Mineral Resource Estimate Notes
Fondaway Canyon Mineral Resource Estimate Notes 1. The independent and qualified person for the mineral resource estimate, as defined by NI 43-101, is Michael Dufresne, P.Geol., P.Geo., from APEX Geoscience Ltd. 2. Mineral Resources, which are not Mineral Reserves, do not have demonstrated economic
Slide 23: Preliminary Economic Assessment Notes
Fondaway Canyon Preliminary Economic Assessment Notes The PEA is preliminary in nature, includes Inferred Mineral Resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and there is no c
Slide 24: Appendix
APPENDIX 25
Slide 25: 2024 Mineral Resource Estimate Tables
Fondaway Canyon 2024 Mineral Resource Estimate Tables 26
Slide 26: Drilling Highlights
Drill Hole prom Uy 4 (m) (m) es FCG20-02 106.1 128.0 including 120.5 123.7 eilelg-lele © From To fy Au Interval From To Drill Hole (m) (m) Drill Hole (g/t) (m) (m) (m) FCG20-02 181.0 224.5 FCG21-15 3.3 10.6 134.4 145.0 FCG20-03 188.3 237.3 1.2 87.0 249.6 336.6 FCG20-05 177.5 267.5 FCG22-20 0.9 15:3)
Slide 27: Drilling Highlights
Drill Hole Drill Hole FCG20-04 including FCG22-19 including FCG22-22 FCG21-10 including including FCG21-16 including including FCG22-17 including including including FCG22-23 FCG22-25 including FCG22-18 including including Drill Hole FCG20-04 CSE:GTCH OTCQB:GGLDF FWB:GGA1
Slide 28: Capital Structure (as at Aug. 8, 2024)
Capital Structure (as at Aug. 8, 2024) 29