Getchell Gold Corp. provided the results for holes FCG21- 11 and FCG21-12 targeting the Colorado SW and Juniper gold zones at the Fondaway Canyon Gold project in Nevada. Ten drill holes, FCG21-07 through FCG21-16, totaling 3,874 metres were drilled last year at the Fondaway Canyon Gold Project.

All ten holes are located in the Central Area and followed up on the 2020 discovery of the Colorado SW, the Juniper, and the North Fork gold zones. The two drill holes, FCG21-11 and FCG21-12, reporting results in this news release, primarily targeted the Colorado SW gold zone. FCG21-11 was designed to extend the Colorado SW gold zone approximately 30 to 50 metres to the southeast down-dip of hole FCG21-08 and 40 metres to the northwest on-strike from holes FCG20-05 and FCG20-06.

FCG21-11, stationed at the Colorado Pit on the same drill pad as FCG21-08 and drilling to the southwest, intersected multiple significant gold intercepts within the Colorado SW zone over a 242 metre down hole distance. Three of the more notable drill intercepts grade: 1.4 g/t Au over 14.9m from 250.3 to 265.2m; 1.0 g/t Au over 52.5m from 274.4 to 326.9m; 2.2 g/t Au over 9.1m from 333.1 to 342.2m; FCG21-11 was also designed to test the near surface high grade Juniper gold zone down dip from FCG21-08 that reported 4.7 g/t Au over 25.9m. FCG21-11 intersected a substantially higher-grade interval reporting 8.8 g/t Au over 8.2m from 107.8 to 116.0 including one sample that graded 22.9 g/t Au over 1.7m.

FCG21-12, stationed near the canyon floor and drilling steeply to the northeast, was designed to test the down-dip extent of the Colorado SW gold mineralization encountered in FCG20-05 with a 40-metre step out. FCG21-12 intersected the Colorado SW zone of gold mineralization over a 92 metre down hole distance with three of the more notable drill intercepts grading: 6.3 g/t Au over 3.6m from 224.4 to 228.0m; 2.5 g/t Au over 24.5m from 235.5 to 260.0m; 1.6 g/t Au over 25.5m from 271.9 to 297.4m. There are now 8 holes drilled by the Company (FCG20-02, FCG20-03, FCG20-05 to FCG21-08, FC21- 11, and FC21-12) on a 150 metre wide section that have confirmed continuity of the thick Colorado SW gold zone along a 300 metre down dip extent since its discovery in 2020.

Including holes drilled by past operators, the Colorado SW zone is modelled to extend for 800 metres down dip from surface and remains open on strike and down dip. There are four holes, FCG21-13 through FCG21-16, drilled in 2021 with assays pending and expected over the coming weeks. FCG 21-13 and FCG21-14, stationed in the Colorado Pit, were designed to infill an area below the pit that had a gap in the historic drill coverage to assist with the modelling of the upper region of the Colorado SW zone; FCG21-15, stationed near the canyon floor on the same drill pad as FCG21-12 and drilling almost vertical to the northeast, was designed to further extend the Colorado SW gold mineralization 30 metres down dip from FCG21-12.

FCG21-16, stationed on the canyon floor at the junction of the Fondaway Canyon and North Fork drainages and drilled to the northwest, was designed to extend the North Fork gold zone 30 metres off-section to the northwest, from holes FCG20-04, FCG21-09, and FCG21-10.