Can you tell us about the origins of Getchell Gold and provide an overview of the company’s assets?
Getchell Gold Corp. was born in 2019 from the merger between two active exploration companies. The company, which focuses strictly on gold and copper in Nevada, has a basket of four projects in the northeast and east of Reno, in the main mining and exploration belt that has witnessed the production of millions of ounces of gold over the past decades. Our flagship property, called the Fondaway Canyon gold project, was acquired at the end of 2019 at a very opportune time just prior to a major resurgence in the price of gold. The project had experienced 40 years of historic exploration and presented a substantial historic gold resource with mineralization beginning right at surface. However, what really stood out was its upside potential.
What results have you obtained from the 2020 and 2021 drilling campaigns at Fondaway Canyon?
We initiated our drill program at Fondaway Canyon in 2020, and we stepped out from the known historic results to test our concept. The program covered 2,000 m, and all the holes in the Central Area hit substantial zones of mineralization. The successful 2020 drill program made the 2021 campaign very easy to plan, since it left ample targets. The beauty of the Fondaway Canyon project is that mineralization is open in all directions. It starts at surface, and according to our current model of the target zone, it extends for 800 m down depth from surface. The mineralization body that we have been intersecting is considerably thick, with zones which are 100 m thick of good grade. Rather than increasing in depth per se relative to the surface topography, the gold mineralization parallels the slope of the hill slide. This is a very beneficial attribute as we work towards a new resource, and eventually a PEA and a mine model.
We had a very successful 2021 drill program, where we drilled approximately 4,000 m, and we have the benefit of incorporating three additional drill campaigns, since the publishing of the historic resource estimate, into the new resource. In 2022, we will be doubling the drilling activity conducted in 2020 with two dedicated rigs. Leaping from that, we will arrive at a resource estimate and subsequently, a PEA.
Are you satisfied with the exposure you are receiving from your listing in the CSE?
The CSE has evolved from being a fledgling exchange to being completely bonified. We are satisfied with the exposure we are obtaining, since it currently provides access to as much funds as the TSXV. However, the exposure that we are receiving can be more attributed to the meteoric rise we have experienced in the last two years and to our company’s merits. The value of our share price has increased significantly, and we are currently well funded. A substantial number of warrants will shortly be converted, and this will also provide us with a steady stream of funding. These factors allow us to be relatively opportunistic, but naturally, we still need to plan for additional funding to be able to support the marked increase in activity that we are planning for 2022 and beyond.
How are you benefitting from your listing on the OTCQC?
I believe that it is critical for any company involved in Nevada or in the US to have an allowance open for US investors to invest in the company. Sitting on just one exchange significantly restricts the funnel access point of who can invest in the company. Being listed both on the CSE and the OTCQC allows us to spread our message and expand access as broadly as possible, currently reflected in Getchell’s substantial US-based investor base.
What can we expect from Getchell Gold Corp. in the coming years, and do you have a final message?
Nevada is a land of elephants, and we have only scratched the surface, as we still have not seen the bottom to the mineralization at Fondaway Canyon. Therefore, we will continue drilling and defining the mineralization to determine exactly what we are sitting on. Our goal is to make Getchell Gold Corp. one of the most active junior explorers in Nevada. Our project has been extremely positively received in the marketplace and we expect this to continue. Investors should carefully pick the right eggs to put in their investment basket and Getchell Gold Corp should be one of them.