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GTCH: Completes 2025 Drill Program at Fondaway Canyon

What you need to know:
• Getchell reported assay results from two holes in the North Fork zone, outlining strong intercepts both within and below the current pit shell.
• Results were highlighted by an intercept of 2.8 g/t Au over 40.8m (80m below surface) within the upper zone.
• This marks the conclusion of 2025’s 10-hole drill program (3,346m), which successfully extended mineralization along strike and dip.
• GTCH plans to report an updated MRE in Q1, followed by an updated PEA in Q2 of this year.

This morning, Getchell Gold Corp. (GTCH:CSE, GGLDF:OTCQB, GGA1:FWB) announced continued strong drill results from the final two holes of its 2025 campaign at the Fondaway Canyon project in Nevada. Hole FCG25-38 stood out with an intersect of 2.8 g/t Au over a significant width of 40.8m, 80m below surface, in the upper mineralization of the North Fork zone. The release further includes high-grade intercepts below the current pit shell. This marks the conclusion of a successful 2025 drill program, highlighted by high-grade mineralization extensions, which are anticipated to incrementally enhance project economics. We are maintaining our BUY rating and target price of C$1.10/share on GTCH.

Notable Gold Intervals:
• FCG25-38: 2.8 g/t Au over 40.8m
o Including 5.4 g/t over 8.0m – Within Pit Limit
• FCG25-38: 2.9 g/t Au over 15.1m – Within Pit Limit
• FCG25-38: 2.6 g/t Au over 8.9m – Below Pit Limit
• FCG25-37: 1.2 g/t Au over 23.2m – Within Pit Limit
• FCG25-37: 1.9 g/t Au over 7.6m – Below Pit Limit

Holes 37 and 38 tested the upper and lower North Fork zones, SW from prior drilling (Figure 1). Hole 37 was oriented NW, and Hole 38 to the SW, which delivered the higher-grade results of the two. Hole 38’s highlight intercept of 2.8 g/t over 40.8m came within the current pit shell, 80m below surface, at a much higher grade than the current resource, outlining an opportunity to enhance the current mine plan with additional high-grade ounces.

Both holes also returned notable grades at depth below the current pit, highlighting longer-term opportunity and the potential for additional discoveries at the Project. Intercepts below the current pit shell include a noteworthy 2.6 g/t Au over 8.9m in Hole 38, as well as 1.9 g/t Au over 7.6m in Hole 37 (Figure 2).