Getchell Gold expands Fondaway Canyon metallurgy work

Executive Summary

• Getchell Gold Corp. expanded its 2024 metallurgical test program on oxide and sulphide samples from the Fondaway Canyon gold project, confirming strong gold recoveries (84 %) and a low‑weight, high‑grade concentrate suitable for third‑party smelters.
• The company outlined objectives for a 2025 metallurgical study aimed at further increasing gold recovery, maximizing concentrate grade, reducing mass pull, and verifying multielement composition to enhance marketability.
• Results from the ongoing 2025 work will be incorporated into the next iteration of the Preliminary Economic Assessment (PEA) slated for later in the year.

Key Details

• 2024 Metallurgical Testwork – Conducted scoping‑level flotation tests on both oxide and sulphide material; achieved gold recoveries of 84 % with a low‑weight, high‑grade concentrate.
• Deleterious Elements – Multielement analysis indicated that any deleterious elements present are below thresholds that would impede concentrate sale to smelters or pressure oxidation facilities.
• 2025 Metallurgical Objectives –
• Refine process methods identified in 2024 to boost gold recoveries.
• Increase concentrate gold grade.
• Minimize mass pull (percentage of ore feed ending up as concentrate).
• Verify multielement composition for marketability.
• Economic Implications – Higher recovery and grade improve project economics; lower mass pull reduces shipping, handling, and toll‑milling costs; reduced deleterious elements enhance marketability and may lower milling penalties.
• Timeline – The 2025 metallurgical program will run through the end of 2025, with findings to be integrated into an updated PEA later in the year.
• Qualified Person – Patrick McLaughlin, P.Geo., reviewed and approved the technical information (non‑independent).

Notable Quotes

(No direct quotes were provided in the release.)