- Getchell Gold (GTCH) is continuing to Expand North Fork Discovery and Intersects Multiple Extensive Gold Intervals, Fondaway Canyon, NV
- Extensive gold mineralized intervals encountered
- Six holes have been completed to date at the Foldaway Canyon, totalling 2,328m, during the 2022 drill program at Fondaway Canyon
- Drilling is underway to step out and delineate the rapidly expanding North Fork zone
- With the completion of the drill program at the Star project, a second drill rig has arrived at Fondaway Canyon and commenced drilling of the Pediment target zone
- Getchell Gold (GTCH) is sitting at C$0.55 at 2:13 pm EST
Getchell Gold (GTCH) has results for drill hole FCG22-18 that targeted the high-grade North Fork zone at the Fondaway Canyon gold project in Nevada.
“FCG22-18 marks the easternmost drill hole targeting the North Fork gold zone and encountered one of the broader, cumulative intervals of gold drilled to date at Fondaway Canyon,” said Mike Sieb, President, Getchell Gold corporation.
“As we step out, we continue to intersect significant gold mineralization reflective of the impressive size and potential of the mineralizing system,” added Sieb.
The hole FCG21-16 encountered a high-grade gold interval grading 6.3 g/t Au over 50.7 m, including 10.4 g/t Au over 25.0 m.
This latter interval contained 12 samples reporting >10 g/t Au revealing strong internal high-grade gold consistency.
FCG22-18 was collared on the canyon floor, at the junction of Fondaway Canyon and the North Fork branch, on the same drill pad as hole FCG21-16.
The broader intervals graded 2.5 g/t Au over 43.4 m, 2.0 g/t Au over 29.6 m, 4.8 g/t Au over 12.1 m, 1.4 g/t Au over 27.7 m, and 2.0 g/t Au over 22.1 m.
The latter gold intervals, extending over a 72.6 m downhole distance, were encountered in an area outside and to the east of previous drilling, and 75 meters distant from the nearest drill hole.
The mineralized gold intervals encountered in hole FCG22-18 will be incorporated into the forthcoming Mineral Resources estimate scheduled for completion this Fall.
The North Fork gold zone remains open in most directions, and follow-up drilling is underway to continue to step out, further delineate, and model the rapidly expanding North Fork zone.
Six holes have been completed to date at the Foldaway Canyon, totalling 2,328m, during the 2022 drill program at Fondaway Canyon.
After completing the initial drill program at the Star project, a second drill rig has arrived at Fondaway Canyon and has commenced drilling the Pediment target zone by hole FCG22-24.
Both holes successfully intersected thick lower grade gold intersections with hole 02FC-10 intersecting 27.4 m grading 0.82 g/t Au and 02FC-11 intersecting 36.6 m grading 0.52 g/t Au.
One hole drilled by the company in 2020, FCG20-01, was lost within a fault zone prior to reaching the target depth.
Upon completion of hole FCG22-24, the drill rig is planned to join the first rig in Fondaway Canyon’s Central Area, a nexus for the gold mineralization and host to the Colorado SW and North Fork gold zones, the primary targets for this year’s drill program.
Two drill holes totalling 976 metres were completed to target depth at Star.
Both holes encountered indications of epithermal fluids and alteration associated with a porphyry-style system and extensive structural zones marking high fluid transmissivity. Broad zones of graphitic material occurring as bands and fracture fill were encountered and would provide geophysical responses similar to the ones targeted.
Copper mineralization was not observed in the drill core.
Sample results are pending and will be utilized for the interpretation and potential vectoring within the identified system to the source of the mineralization observed at the surface in preparation for future drill programs.
The 2022 drill core is being processed using the same methods as the 2020 and 2021 drill programs.
The core is cut at Bureau Veritas Laboratories’ facilities in Sparks, Nevada, with the samples analyzed for gold and multi-element analysis in BVL’s Sparks, Nevada and Vancouver, BC laboratories, respectively.
The multi-element analyses are performed by ICP-MS following aqua regia digestion on a 30g sample (BV code AQ250).
The company is a Nevada-focused gold and copper exploration company trading on the CSE.
Getchell Gold (GTCH) is sitting at C$0.55 at 2:13 pm EST.
