- Getchell Gold (GTCH) plans to start its 2021 drill program at the Fondaway Canyon Gold Project in Nevada in early May
- The company has secured a drill rig which should be able to start work in early May
- The drilling will be part of Phase One, a 4,000-metre drill program at the company’s flagship property
- The company has contracted First Drilling to provide the coring rig
- Getchell Gold is up 3.77 per cent, trading at C$0.55 at 10:07 am ET
Getchell Gold (GTCH) plans to start its 2021 drill program at the Fondaway Canyon Gold Project in Nevada in early May.
The company has secured a drill rig which should be able to start work in early May.
The drilling will be part of Phase One, a 4,000-metre drill program at the company’s flagship property.
Getchell Gold completed a successful 6-hole, 1,995-metre drill program at Fondaway Canyon in late 2020. The results identified “thick zones of gold mineralization interpreted as a down-dip continuation of surface mineralization; and the prevalence of high-grade mineralized structures with notable widths within the overall mineralizing system.”
“We are extremely eager to return to Fondaway Canyon with the intention of expanding our new, near surface, gold zones discovered during the 2020 drill program. Having access to a dedicated drill rig ensures we can focus on advancing Fondaway Canyon throughout 2021,” said Getchell Gold President Mike Sieb.
The company has contracted First Drilling to provide a coring rig for the Fondaway Canyon drilling.
Getchell Gold is a Nevada-focused gold and copper exploration company. The company is primarily directing its efforts on its most advanced stage asset, Fondaway Canyon, a past gold producer with a significant in-the-ground historic resource estimate.
Getchell Gold is up 3.77 per cent, trading at C$0.55 at 10:07 am ET.
