Getchell Gold Corp. · CSE:GTCH
Getchell Gold — Investor Presentation (September 2024)
26 slides from Getchell Gold's investor presentation, September 2024
Slide 1: The Fondaway Canyon Gold Project, Nevada: 2024 Updated Mineral Resource Estimate
September 2024 The Fondaway Canyon Gold Project, Nevada 2024 Updated Mineral Resource Estimate CSE: GTCH OTCQB: GGLDF FWB: GGA1
Slide 2: Remarkable Attributes
The Fondaway Canyon Gold Project has experienced major enhancements over the last four years with significant advancements anticipated in 2024 Remarkable Attributes ▪ Incredible drilling success rate over three years of drilling ▪ Discovered expansive zone of mineralization, starting from surface ▪
Slide 3: Capital Structure; Management & Board
Capital Structure Management & Board SHARES OUTSTANDING: 132.4M WARRANTS: 60.7M @ $0.17* STOCK OPTIONS: 12.8M @ $0.33* ROBERT (BOB) BASS DEBENTURE: $4.4M Chairman *weighted average BOB BASS Chairman MIKE SIEB President and Director MIKE SIEB President CHRIS BASS Independent Director MICHAEL HOBART I
Slide 4: Excellent Location (Access, Resources, and Jurisdiction)
Fondaway Canyon Excellent Location (Access, Resources, and Jurisdiction) 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 4
Slide 5: 40+ Years of Exploration and Mining
Fondaway Canyon 40+ Years of Exploration and Mining Road Building Drilling Mining Main Pit Vat Crusher Leach Heap Leach Pad UG Exploration Half Moon Zone Portal 5
Slide 6: 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 Getchell controls the entire 7 km East-West gold corridor 2020-23 exploration focused on Central Area Demonstrating a strong and extensive mineralizing system and delinea
Slide 7: 2024 Updated MRE: Bulk Density Upgrade
Fondaway Canyon 2024 Updated Mineral Resource Estimate (“MRE”) Revised Input 1: 2024 Field Program to Upgrade Bulk Density Bulk density is a direct input factor for the estimation of gold content The field work produced a 7% increase to the density of the mineralized host rock over the density u
Slide 8: 2024 Updated MRE: Include 8 Additional Drill Holes
Fondaway Canyon 2024 Updated Mineral Resource Estimate (“MRE”) Input 2: Include 8 Additional Drill Holes Of the 26 holes drilled by the Company in the Central Area of Fondaway Canyon since 2020, only 18 were incorporated into the 2023 MRE The 8 drill holes, not previously incorporated All enco
Slide 9: 2024 Updated MRE: Higher Gold Price
Fondaway Canyon 2024 Updated Mineral Resource Estimate (“MRE”) Revised Input 3: Higher Gold Price USD 1,650 Gold Price underpinned the 2023 Mineral Resource Estimate Gold Price has experienced a significant increase in the intervening period Clearly supports a higher Gold Price USD 1,950 Gol
Slide 10: 2024 Updated Mineral Resource Estimate
Fondaway Canyon 2024 Updated Mineral Resource Estimate 2024 Mineral Resource Estimate 18% increase in Indicated 11% increase in Inferred Gold mineralization is OPEN for further expansion in most directions: Along strike Down dip Locally up dip 10
Slide 11: 2024 Updated Mineral Resource Estimate by Type
Fondaway Canyon 2024 Updated Mineral Resource Estimate by Type This iteration of the mineral resource estimate delineated a significant oxide cap to the resource. This will be of major significance in the potential development and economics of a future operation at Fondaway Canyon. 11
Slide 12: Central Area – Plan View, 2020-2022 Drill Programs
Fondaway Canyon Central Area – Plan View 2020, 2021, and 2022 Drill Programs 2020-2022 All Drill Holes 28 holes drilled Intersected Substantial Gold Mineralization Two Major Discoveries Colorado SW Zone FCG21-08: 1.4 g/t Au over 203.9m North Fork Zone FCG22-17: 3.8 g/t Au over 85.9m 12
Slide 13: 2023 Colorado SW MRE 3D Gold Grade Block Model
2023 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 14: 2023 North Fork MRE 3D Gold Grade Block Model
2023 North Fork MRE 3D Gold Grade Block Model (Looking NW) Excellent continuity of mineralization traced over 500 metres down-dip from surface 250 meters distant down dip from Getchell’s drilling, through an area absent of any drilling, hole FC17-05 intersected 2.5 g/t Au over 23.8m ending in mi
Slide 15: 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 16: Historical Metallurgical Testwork
Fondaway Canyon Historical Metallurgical Testwork High-level comprehensive metallurgical testing of the mineralized material at Fondaway Canyon, conducted between 1984 and 2017, has examined various processing scenarios for gold recovery List of metallurgical test programs on Fondaway Canyon samples
Slide 17: Metallurgical Testing
Metallurgical Testing Forte Analytical currently modernizing metallurgical testwork of mineralized Fondaway Canyon host rock to reflect processing improvements over the last 30 years 17
Slide 18: Potential Processing Flowsheet
Potential Processing Flowsheet Objective is to develop a preferential Conceptual* processing pathway to be incorporated Processing into a Preliminary Economic Assessment Flowsheet Potential Processing Scenario (TBD) Open Pit Mine Crusher Conventional grinding circuit Cyclone Flotation Regrind an
Slide 19: 2024 Preliminary Economic Assessment (PEA)
Fondaway Canyon 2024 Preliminary Economic Assessment (“PEA”) Preliminary Economic Assessment has been initiated by Forte Dynamics PEA anticipated Fall 2024 and will incorporate: 2024 Updated MRE Modernized Metallurgy 19
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: APPENDIX
APPENDIX 23
Slide 24: 2024 Mineral Resource Estimate Tables
Fondaway Canyon 2024 Mineral Resource Estimate Tables 24
Slide 25: Drilling Highlights
Au Interval | From To DrillHole | (74) (m) (m) (m) FCG20-02 including Au Interval Drill Hole Drill Hole FCG21-15 FCG20-02 FCG20-03 FCG20-05 FCG20-06 FCG22-20 FCG22-21 FCG22-26 FCG21-07 FCG21-08 including 13.0 4.3 243.9 248.2 FCG21-11 0.9 141.1 250.3 391.4 FCG21-12 FCG22-27 FCG22-28
Slide 26: 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 including Drill Hole FCG20-04
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