WAB. Wabi Exploration Inc

Getchell Gold Announces Resignation of Stringer and Clausi

Toronto, Ontario--(Newsfile Corp. - July 25, 2019) - Getchell Gold Corp. (CSE: GTCH) ("Getchell Gold" or the "Company") announces that Mr. Peter Clausi and Mr. Edward Stringer have resigned from their respective positions with the Company. The current directors of the Company are:

William Wagener - Director, Chairman and CEO
Stephen Goodman - Director and CFO
Mike Sieb - Director

For further information regarding Getchell Gold please visit our website at or contact us at .

William Wagener, Chairman & CEO

The Canadian Securities Exchange has not reviewed the contents of this news release and does not accept responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit

EN
25/07/2019

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Wabi Exploration Inc

Ben Pirie
  • Ben Pirie

GTCH: High-Grade Intersected Outside Pit Limits; Extends Zone by 70m

What you need to know: • Getchell reported assay results from one hole at Fondaway Canyon, testing the northwest strike extension of the Colorado SW Zone. • Highlights include 5.8 g/t Au over 19.0m, 1.4 g/t Au over 23.6m, and 2.2 g/t Au over 11.2m, extending the zone by ~70m to the NW. • This is part of the 10-hole 2025 program; assays pending on two holes. • We recently initiated coverage on GTCH; see the full initiation report here. This morning, Getchell Gold Corp. (GTCH:CSE, GGLDF:OTCQB, G...

Ben Pirie
  • Ben Pirie

Mining Monthly: November Edition

What you need to know: • Gold held strong in the low-$4,000/oz range (rising at the end of the month), silver extended its rally with an 18.5% increase, while copper capped off the month above $5.25/lb. • Mining equities rebounded sharply in November, with the GDX (+15.5%), GDXJ (+16.6%), SILJ (+16.7%), and COPX (+4.1%) massively outperforming broader indices (S&P 500 +0.4%, TSX +3.8%). • Policy momentum improved as the U.S. added copper and silver to its critical minerals list, G20 leaders opp...

Ben Pirie
  • Ben Pirie

GTCH: 1.4 g/t Au over 122m within Resource Pit & More

What you need to know: • Getchell reported assay results from three drill holes at Fondaway Canyon, testing a 250m undrilled corridor between the Colorado SW and North Fork zones. • Drilling returned strong intercepts, including 1.4 g/t Au over 122.3m and 2.1 g/t Au over 51.0m, confirming continuity between key zones. • Today’s results form part of the 10-hole 2025 program, with seven holes reported and assays for three remaining holes expected by year-end. • We recently initiated coverage on G...

Ben Pirie
  • Ben Pirie

Mining Monthly: October Edition

What you need to know: • Gold reached new record highs above $4,300/oz before settling around $4,000/oz, while silver climbed for the sixth consecutive month. • Despite this rise in metal prices, mining equities underperformed, with the GDX down 5.7%, GDXJ down 5.5%, and SILJ down 7.3%, and COPX up 3.1%, compared to the S&P 500 (+2.5%) and TSX (+0.8%). • Geopolitical developments, including the U.S. $5B critical minerals fund, G7 stockpiling alliance, and Trump's new partnerships with Australi...

Ben Pirie
  • Ben Pirie

GTCH: Low Capex & Highly Profitable Nevada-Based Gold Project

What you need to know: • Getchell Gold is the 100% owner of the Fondaway Canyon Gold Project in Nevada, which hosts a 2.3Moz resource (Indicated & Inferred) and a robust PEA outlining a 10.5-year mine life, published in Q1/25. • The PEA defined an after-tax base case NPV10% of $474M, an IRR of 47% (at just $2,250/oz Au) and at a low capex of just $227M. • At $3,300/oz Au, the NPV10% rises dramatically to ~$1B (at a conservative 10% discount rate). • GTCH trades at just 0.03x NPV vs. peers at ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch