Getchell Gold Corp.

Fondaway Canyon

Fondaway Canyon is an advanced stage gold property located in the Churchill County, Nevada. The land package contains 170 unpatented lode claims. The property has a history of previous surface exploration and mining in the late 1980’s and early 1990’s. Getchell Gold Corp. (Getchell) signed the Definitive Option Agreement with Canarc Resource Corp. on January 3, 2020 to acquire 100% of the Fondaway Canyon and Dixie Comstock properties.

Fondaway Canyon Technical Report published Feb 1, 2023

Star Project

The Star Project comprises two main mineralized occurrences, the formerly producing Star Point copper mine and the Star South Cu-Au-Ag prospect situated 2 kilometres to the south. Star consists of 199 lode mining claims located in Pershing County Nevada approximate 65 kilometers southwest of Winnemucca, Nevada on the east side of the Buena Vista Valley. The project area contains three identified targets defined by mapping, sampling and geophysical surveys including; ground gravity, airborne magnetic, airborne radiometric and ground Induced Polarization (IP) / Resistivity.

GTCH initiated the maiden drill program for the Star Project in early June, 2022. Three drill pads have been completed, one at Star Point and two at Star South, and the Company is excited to drill the first holes ever under the high grade surface mineralization.

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Dixie Comstock

Dixie Comstock, located in Churchill County, Nevada, consists of 26 unpatented lode claims. It also has evidence of some historic mining but no records of production are available.

A historic* 1991 geologic and mining study completed by Mine Development Associates of Reno, Nevada, in March 1991 estimated a geologic resource containing 146,000 ounces of gold in 4.26 million tonnes grading 1.063 g/t Au at a cut-off grade of 0.34 g/t Au.

*The historic geologic resource estimate is contained within a report dated March 1991 commissioned by Horizon Gold Corporation. The resource estimate was compiled only from drill holes (179 holes totaling 19,679 m), a sufficient amount to deem the historic resource as reliable. The kriged block model was constructed based on a N45E major axis direction with a 30 degree dip and clipped using three separate mineralized zones (high grade, low grade and hot springs mineralization) with a minimum 0.01 opt (0.34 g/t) Au cut-off. No capping or cutting of grades was applied. The tonnage and grade estimate stated herein is ‘historic’ as defined by NI43-101 and did not use resource classifications in accordance with NI 43-101 standards, instead a single indivisible resource category was defined, a ‘Geologic Resource’ A qualified person for Getchell has not done sufficient work to classify the historical estimates as current mineral resources and the Company is not treating these historical mineral estimates as a current estimate for mineral resources. Additional work will need to be undertaken to verify the historic estimates and classify them as current resources.

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Hot Springs Peak

Hot Springs Peak – The project area consists of 167 claims covering the targeted discovery area and a buffer zone located in Humboldt County Nevada approximately 55 kilometers northeast of Winnemucca Nevada. A NI 43-101 Technical Report was completed in June 2017. Field work identified the potential for a large “Carlin Style” alteration system based on the 1.5 km long hornfels altered trend at the surface, widespread arsenic mineralization, and the 0.701 opt gold (24 g/t) sample that was collected from aggregate sampling from historic shaft dumps that exploited the near surface high grade gold.

Geophysics revealed a magnetic low underlying the hornfels alteration area and chargeability high coincident with magnetic low and hornfels alteration. There is also a resistivity high crosscutting the magnetic low, hornfels alteration and extending below the chargeability high.

Six holes were drilled in two drill campaigns consisting of 5 reverse circulation holes and one deep core hole.

HSP-RC5 intersected a 26 meter gold-arsenic zone averaging 0.133 g/t Au that included 1.5 meters of 0.69 g/t Au. A second gold-anomalous zone contains arsenic values ranging from 486 ppm to greater than 10,000 ppm with the entire 274 meter drill section averaging 377 ppm arsenic.

The 26 meter gold-arsenic anomalous zone intersected by hole HSP-RC5 is considered to be a localized mineralized cap sourced from deeper, untested Carlin-style gold mineralization. Target areas are located southwest of, and beneath, the HSP-RC5 anomalous zone where a resistivity high may represent favourable limestone host rocks under the gravel cover.

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William Wagener
Chairman, CEO & Director

Mr. Wagener is a graduate of the University of Missouri – Rolla where he earned a Bachelor of Science Degree in Mining Engineering. He has over 45 years of experience in the engineering, exploration, development and operation of resource projects in a variety of commodities located in a number of states and countries. His experience includes Engineering, Operational, Financial and Executive Management of both private and publicly traded companies.

Mike Sieb
President & Director

Mike Sieb is a senior executive with over 30 years of strong corporate and project management experience in international mining and exploration across multiple commodities and jurisdictions. During his tenure as President of Brilliant Mining Corp. the company effected a $20 million acquisition of part ownership in an Australian nickel sulphide mine and grew to a $200 million market capitalization in under two years, resulting in the company being named TSX50 “Top 10 Mining Companies” for 2 consecutive years.

As President of International Lithium Corp. he sourced a strategic partnership with Ganfeng Lithium Co. Ltd., the second largest global lithium product manufacturer. He is currently President of Explorex Resources Inc., and a director of Troubadour Resources Inc. Mr. Sieb holds an MBA and a Bachelor of Science degree in Geology.

Scott Frostad
Vice President – Exploration

Scott Frostad’s experience in the mining industry spans over three decades. He brings to his position as Vice President of Exploration a strong background in mineral exploration with renowned gold mining companies such as Lac Minerals, Teck and Placer Dome. Scott is a graduate of the University of Western Ontario with a B.Sc. in Geology, and holds a M.A.Sc. in Mining Engineering from the University of British Columbia. He is a Member of the Association of Professional Engineers and Geoscientists of British Columbia and the Association of Professional Engineers and Geoscientists of Saskatchewan.

William Wagener
Chairman, CEO & Director

Mr. Wagener is a graduate of the University of Missouri – Rolla where he earned a Bachelor of Science Degree in Mining Engineering. He has over 45 years of experience in the engineering, exploration, development and operation of resource projects in a variety of commodities located in a number of states and countries. His experience includes Engineering, Operational, Financial and Executive Management of both private and publicly traded companies.

Mike Sieb
President & Director

Mike Sieb is a senior executive with over 30 years of strong corporate and project management experience in international mining and exploration across multiple commodities and jurisdictions. During his tenure as President of Brilliant Mining Corp. the company effected a $20 million acquisition of part ownership in an Australian nickel sulphide mine and grew to a $200 million market capitalization in under two years, resulting in the company being named TSX50 “Top 10 Mining Companies” for 2 consecutive years.

As President of International Lithium Corp. he sourced a strategic partnership with Ganfeng Lithium Co. Ltd., the second largest global lithium product manufacturer. He is currently President of Explorex Resources Inc., and a director of Troubadour Resources Inc. Mr. Sieb holds an MBA and a Bachelor of Science degree in Geology.

Jim Mustard
Independent Director

Mr. Mustard is a seasoned capital markets and mining professional, bringing over 30 years of expertise in business and project development to the Company. He was VP of Investment Banking at PI Financial, past President of Canada Zinc Metals and was a VP and Senior Mining Analyst at Haywood Securities for 11 years. In addition to a strong technical background, he has developed a considerable capital market and investment network. Mr. Mustard is a registered Professional Engineer with the Association of Professional Engineers and Geoscientists of BC.

Jerry Bella
Independent Director

Mr. Jerry Bella is an independent financial consultant with over 40 years of experience assisting numerous private and publicly-traded companies including oil and gas, exploration, mineral resource exploration, manufacturing and high tech companies. Until recently, he has been providing services to a multi-billion-dollar market capitalized leading China based integrated lithium producer.

Mr. Bella holds a professional accounting designation (CPA, CGA) which he received in 1979.