#Mining #Stock News:
Getchell Gold Corp. (CSE: $GTCH.C) (OTCQB: $GGLDF) Begins Trading on the #FrankfurtExchange
Under Symbol GGA; @getchell_gold
VANCOUVER, BC - September 13, 2023
(Investorideas.com Newswire) Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF)
("Getchell" or the "Company") is pleased to announce that
the Company's common shares now trade on the Frankfurt Stock Exchange
("FWB") under the symbol "GGA1".
Read
this news, featuring Gechell in full at https://www.investorideas.com/CO/GTCH/news/2023/09131Frankfurt-Exchange-GGA1.asp
"We expect the Frankfurt listing will assist in increasing
trading liquidity and also facilitate potential investment in the Company by
institutional and retail investors across Europe." Bill Wagener, Chairman
and CEO, commented. "The listing on the Frankfurt Stock Exchange, with its
knowledgeable investor base traditionally very active in the junior gold mining
sector, will complement our listings on the Canadian CSE and United States
OTCQB and heighten the Company's exposure across these major
marketplaces."
Following three consecutive
successful drilling programs, the Company has effectively doubled the size of
the historic resource, firmly placing Fondaway Canyon amongst the foremost
developing projects in a world class mining jurisdiction. The Company recently
released its first Mineral Resource Estimate ("MRE") at Fondaway
Canyon (Company news release dated February 1, 2023 - see release here):
- Gold mineralization is at and near surface
supporting an Open Pit mine model;
- Inferred Mineral Resource of 38.3 million
tonnes at an average grade of 1.23 g/t Au for
1,509,100 ounces of gold; - Indicated Mineral Resource of 11.0 million
tonnes at an average grade of 1.56 g/t Au for an additional 550,800
ounces of gold;
- Strong gold mineralization in the most
peripheral drill holes leaves the mineral resources open in most
directions for further expansion and indicates a substantially larger body
of mineralization than delineated to date (Company news release dated
August 9, 2023- see release
here); and
- Fully permitted drill program designed to
expand the mineral resources and upgrade Inferred resources to Indicated.
A video detailing the Fondaway Canyon
gold project, and its upside potential can be accessed by the following link.
https://www.youtube.com/watch?v=8Sz_ozKQU-A
Getchell Gold Corp. is perfectly
positioned to continue expanding the Mineral Resource and advancing towards a
Preliminary Economic Assessment.
Scott Frostad, P.Geo., is the
Qualified Person (as defined in NI 43-101) who reviewed and approved the
content and scientific and technical information in the news release.
Notes on the Mineral Resource
Estimate:
- Mineral Resources are not Mineral Reserves and
have not demonstrated economic viability. There has been insufficient
exploration to define the Inferred Resource as Indicated or Measured
Mineral Resources, however, it is reasonable to expect that the majority
of the Inferred Mineral Resource could be upgraded to Indicated Mineral
Resources with continued exploration. There is no guarantee that any part
of the mineral resources discussed herein will be converted into a mineral
reserve in the future. The estimate of Mineral Resources may be materially
affected by environmental, permitting, legal, marketing, or other relevant
issues. The Mineral Resources in this report were estimated using the
Canadian Institute of Mining, Metallurgy and Petroleum ("CIM")
standards on mineral resources and reserves, definitions, and guidelines
prepared by the CIM standing committee on reserve definitions and adopted
by the CIM council (CIM 2014 and 2019).
- The effective date of the Mineral Resource
Estimate is December 12, 2022, and a technical report on the Fondaway
Canyon project titled "Technical Report Mineral Resource Estimate
Fondaway Canyon Project, Nevada, USA" was filed by the Company on
SEDAR on February 1, 2023.
- The independent and qualified person for
the MRE, as defined by NI 43-101, is Michael Dufresne, P.Geo., from
APEX Geoscience Ltd.
About Getchell Gold Corp.
The Company is a Nevada focused gold
and copper exploration company trading on the CSE: GTCH, OTCQB: GGLDF, and FWB:
GGA1. Getchell Gold is primarily directing its efforts on its most advanced
stage asset, Fondaway Canyon, a past gold producer with a large mineral
resource estimate. Complementing Getchell's asset portfolio is Dixie Comstock,
a past gold producer with a historic resource and two earlier stage exploration
projects, Star (Cu-Au-Ag) and Hot Springs Peak (Au). Getchell has the option to
acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill
County, Nevada.
For further information please visit
the Company's website at www.getchellgold.com or
contact the Company at info@getchellgold.com.
Mr. William Wagener, Chairman & CEO
The Canadian Securities Exchange has not reviewed
this press release and does not accept responsibility for the adequacy or
accuracy of this news release.
Certain information contained herein
constitutes "forward-looking information" under Canadian securities
legislation. Forward-looking information includes, but is not limited to,
statements with respect to the extension of the Warrants. Generally,
forward-looking information can be identified by the use of forward-looking
terminology such as "will" or variations of such words and phrases or
statements that certain actions, events or results "will" occur.
Forward-looking statements are based on the opinions and estimates of
management as of the date such statements are made and they are subject to
known and unknown risks, uncertainties and other factors that may cause the
actual results to be materially different from those expressed or implied by
such forward-looking statements or forward-looking information. Although
management of Getchell have attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking statements or forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those anticipated
in such statements. Accordingly, readers should not place undue reliance on
forward-looking statements and forward-looking information. The Company will
not update any forward-looking statements or forward-looking information that
are incorporated by reference herein, except as required by applicable
securities laws.
SOURCE Getchell Gold Corp.
Getchell
Gold (CSE:GTCH.CN;OTCQB:GGLDF)
is a featured mining stock on Investorideas.com
More
info on Getchell at Investorideas.com Visit: https://www.investorideas.com/CO/GTCH/
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