WAB. Wabi Exploration Inc

Getchell Gold Corp. files Audited Financial Statements

Toronto, Ontario--(Newsfile Corp. - July 29, 2019) - Getchell Gold Corp. (CSE: GTCH) ("Getchell Gold" or the "Company"), is pleased to report that it has filed its audited financial statements and management's discussion and analysis for the year ended March 31, 2019, which can be accessed under the Company's profile on SEDAR ().

About the Company

Getchell Gold is a CSE listed gold and copper exploration company. The Company's exploration projects are located in the highly mineralized Northern Nevada Rift. Drill targets have been identified through field work, surface sampling and geophysical surveys. The Company is now in the process of drill testing the identified targets. For further information visit or contact the Company at .

William Wagener, Chairman & CEO
Getchell Gold Corp.

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release. Not for distribution to U.S. news wire services or dissemination in the United States.

This news release contains certain statements that constitute forward-looking statements as they relate to the Company and its management. Forward-looking statements are not historical facts but represent management's current expectation of future events, and can be identified by words such as "believe", "expects", "will", "intends", "plans", "projects", "anticipates", "estimates", "continues", "looks forward to" and similar expressions. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that they will prove to be correct.

By their nature, forward-looking statements include assumptions and are subject to inherent risks and uncertainties that could cause actual future results, conditions, actions or events to differ materially from those in the forward-looking statements. If and when forward-looking statements are set out in this new release, the Company will also set out the material risk factors or assumptions used to develop the forward-looking statements. Except as expressly required by applicable securities laws, the Company assumes no obligation to update or revise any forward-looking statements. The future outcomes that relate to forward-looking statements may be influenced by many factors, including, but not limited to: risks of future legal proceedings; regulatory approval of the issuance of securities, and potential dilution.

Not for distribution to U.S. news wire services or dissemination in the United States

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

EN
29/07/2019

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