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#GetchellGold (CSE:GTCH, OTCQB:GGLDF) President Mike Sieb expressed that the company has raised $4 million, noting that this enables them to fulfill the exploration plan for the 2022 year. Sieb announced that the company achieved high-grade #gold mineralization on the Fondaway Canyon Gold Project in #Nevada, yielding 10.4 g/t Au over 25.0 m within an intersected grading of 6.3 g/t Au over 50.7 m.
During the interview, Sieb stated, “When you look at the material that they’ve been pulling out of the ground, this is super high grade copper, gold, and silver in Nevada. You’re talking about super high grade deposits at the surface, and what we’re looking for is the source of the mineralization that is expressed on that surface. It’s never been drilled before and we’re actually going to be starting our meet and drill program in the spring of 2022.”
Getchell Gold has four main projects throughout Nevada that mine gold, silver, and copper. The Star Project copper mine led to gold prospects, and Sieb notes that the continuing mineralization that results from drilling provides opportunities to access new mineral deposits. Getchell Gold plans to pursue another project approximately 60 km north of the Fondaway site with a view to obtaining high-grade gold, silver, and copper. Sieb also noted that Getchell Gold is not yet valued based on the Fondaway Canyon Gold project potential.
According to Sieb, “The last two years have been just absolutely spectacular. And when we acquired the property at the beginning of 2020, and then in a short two-year period, we discovered three new discoveries. We’ve expanded upon them, and every drill hole has hit substantive gold, and expanded the mineralization from surface, it starts from surface, and it shallowly dips about 800 metres down-dip, and everything is completely open.”
Regarding the Fondaway project’s appeal, Sieb cites the proven history of gold sourcing in the area. The Nevada canyon has ample surface deposits, and Getchell Gold endeavours to be the first to access the potential copper, silver, and gold resources beneath.
Sieb states, “It’s the consistency of success that we’ve been able to produce in our exploration. You drill to win, and we’ve just won big time — and I anticipate that that’s not going to change very much in the future. As our activity permeates the marketplace more, you are going to see a good robust gold market with the location as we keep on tallying up extra gold in the ground.”
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
