Getchell Gold Corp., New Geological Model Reveals Significantly Expanded Gold Zones at Fondaway Canyon, Nevada

Au contained in 3,200,000 tonnes grading 6.4 g/t, is predominately localized on the Paperweight, Half Moon, and Colorado gold zones within the Central Area of the Project.

Highly noteworthy in Figure 4 is the dramatic increase in the projection of the gold mineralized zones, compared to the 2016 model, supported by the geological interpretation of the 2020 drill results.

Hole FCG20-02, drilled to the southwest along a plane connecting the Colorado Pit to Pack Rat zone, encountered a wide mineralized structural zone between a drill depth of 150 and 300 metres.

Of 17 consecutive samples extending 21.9 metres down hole, only one sample assayed less than 1 g/t Au with the highest sample grading 25.5 g/t Au .

Drill holes FCG20-05 and 06, were collared on the same pad near the canyon floor and drilled to the northeast along a plane connecting the Colorado Pit to Pack Rat zone and on plane with hole FCG20-02.

Both holes, FCG20-05 and 06, encountered broad 100-metre-thick zones of gold mineralization within the Colorado SW Extension Gold Target Zone.

Of note is hole FC17-01, a hole drilled in 2017 by a previous operator and shown in Figure 4 and Figure 5.

In addition, two notable gold intercepts were encountered further down the hole that are interpreted to be splays of the main Half Moon Gold Shear Vein.

The newly identified North Fork Gold Zone is geologically modelled as a 100m thick shallowly dipping to the southwest zone of gold mineralization and the results observed in FCG20-04 support this model.

Of note is hole FC17-05, a hole drilled in 2017 by a previous operator and shown in Figure 4 and Figure 6.

The historic resource estimate was completed by Techbase International Ltd of Reno, Nevada, and it is contained within a NI 43-101 report dated April 3, 2017 that was commissioned by Canarc Resource Corp of Vancouver, B.C., Canada.

Getchell Gold 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.

Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: the receipt of all necessary regulatory approvals, use of proceeds from the financing, capital expenditures and other costs, and financing and additional capital requirements.

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