# Getchell Gold Corp. 2026 Mineral Resource Estimate Experiences Significant Growth at Fondaway Canyon, NV

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/getchell-gold-corp-2026-mineral-resource-estimate-experiences-significant-growth--9161d380-67a4-49c5-8e4c-70cdc532273f

Original source: https://orestocks.com/company/GTCH.CN/press-releases/5946492861233048

Publisher: orestocks

Original announcement: 2026-04-30T11:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-01T04:00:36.170Z

Atlas analysis updated: 2026-10-01T04:00:36.170Z

- Company: Getchell Gold Corp.

- Ticker: GTCH

- Exchange: CSE

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Resource update

- Extracted: 2026-10-01 04:00:36 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Getchell Gold Corp. has announced a significant update to its 2026 Mineral Resource Estimate for the Fondaway Canyon gold project in Nevada. The update features a 54% increase in Indicated resources to 22.1 million tonnes at 1.40 g/t Au and an 8% increase in Inferred resources to 45.6 million tonnes at 1.25 g/t Au.

Reasoning: The 2026 MRE shows substantial growth in both tonnage and contained gold, driven by new drilling and a higher gold price assumption.

- Positive factor: Significant tonnage growth in Indicated category \(54%\)

- Positive factor: Expansion of mineralized footprint on strike and dip

- Positive factor: Increased gold price assumption from $1,950 to $3,000/oz

- Positive factor: Addition of 10 new drill holes contributing to growth

- Negative factor: High proportion of Inferred resource \(45.6 Mt vs 22.1 Mt Indicated\)

Facts used in scoring: 4

## Classification and evidence

**Tonnage Growth**

Polarity: positive

Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: Indicated resource tonnage increased by 54% compared to the 2024 estimate.

Evidence · text

> 54% increase in Indicated Mineral Resource to 22.1 million tonnes

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The resource estimate was prepared and reviewed by Qualified Persons in accordance with NI 43-101 standards.

Evidence · text

> Michael Dufresne, P.Geol., P.Geo., is independent and the Qualified Person \(as defined by NI 43-101\)

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Qualified Persons Michael Dufresne and Kevin Hon are named as responsible for the estimate.

Evidence · text

> The MRE was completed by Kevin Hon, B.Sc., P.Geo., Senior Resource Geologist with APEX.

## Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

## Resource Estimates (4)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/getchell-gold-corp-2026-mineral-resource-estimate-experiences-significant-growth--9161d380-67a4-49c5-8e4c-70cdc532273f#fact-resource-facts-0)

Fondaway Canyon · gold

#### Identity

- Project: Fondaway Canyon
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: GTCH

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Michael Dufresne, Kevin Hon
- Resource group id: resource:c6bd66bdf8dbd2506214

#### Resource Data

- Category: indicated
- Tonnes: 22100000
- Grade: 1.4
- Grade Unit: g/t
- Contained Metal: 999
- Contained Unit: koz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-04-13

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-04-30T00:00:00.000Z

Reasoning: Strong growth in the higher-confidence Indicated category.

- Positive factor: 54% increase in Indicated tonnage vs 2024

Evidence · text

> 54% increase in Indicated Mineral Resource to 22.1 million tonnes at an average grade of 1.40 g/t Au for 999 Koz of gold

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/getchell-gold-corp-2026-mineral-resource-estimate-experiences-significant-growth--9161d380-67a4-49c5-8e4c-70cdc532273f#fact-resource-facts-1)

Fondaway Canyon · gold

#### Identity

- Project: Fondaway Canyon
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: GTCH

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Michael Dufresne, Kevin Hon
- Resource group id: resource:a3f458a5700757671d74

#### Resource Data

- Category: inferred
- Tonnes: 45600000
- Grade: 1.25
- Grade Unit: g/t
- Contained Metal: 1812
- Contained Unit: koz
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-04-13

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-04-30T00:00:00.000Z

Reasoning: Growth in Inferred resource adds scale but maintains higher geological risk.

- Positive factor: 8% increase in Inferred tonnage

- Negative factor: Majority of resource remains in Inferred category

Evidence · text

> 8% increase in Inferred Mineral Resource to 45.6 million tonnes at an average grade of 1.25 g/t Au for an additional 1,812 Koz of gold

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/getchell-gold-corp-2026-mineral-resource-estimate-experiences-significant-growth--9161d380-67a4-49c5-8e4c-70cdc532273f#fact-resource-facts-2)

Fondaway Canyon · gold

#### Identity

- Project: Fondaway Canyon
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: GTCH

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Michael Dufresne, Kevin Hon
- Resource group id: resource:c6bd66bdf8dbd2506214

#### Resource Data

- Category: indicated
- Tonnes: 22100000
- Grade: 1.4
- Grade Unit: g/t
- Cutoff Grade: 0.3
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2026-04-13
- Prior Tonnes: 14350324
- Prior Grade: 1.4

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-04-30T00:00:00.000Z

Reasoning: Significant expansion of the Indicated resource base.

- Positive factor: 54% increase in Indicated tonnage

Evidence · text

> 54% increase in Indicated Mineral Resource to 22.1 million tonnes

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

**Tonnage Growth**

Polarity: positive

Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: 22100000 against 14350324 previously

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/getchell-gold-corp-2026-mineral-resource-estimate-experiences-significant-growth--9161d380-67a4-49c5-8e4c-70cdc532273f#fact-resource-facts-3)

Fort Collins

#### Identity

- Project: Fort Collins
- Region: usa\_co
- Reported Region: Colorado
- Ticker: GTCH

#### Resource scope

- Estimate type: resource
- Resource group id: resource:4a4a7ea688e3fae1cb85

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-04-30T00:00:00.000Z

Reasoning: Explicit resource disclosure recovered from source prose.

Evidence · text

> The mineral resource is reported at a lower cut-off of 0.3 g/t Au for the conceptual open pit and 1.5 g/t Au for the conceptual underground extraction scenario.

#### Tags used in scoring

**Cut-off Lowered**

Polarity: negative

Definition: Cut-off grade significantly reduced vs prior estimate — tonnage growth may be artificial inflation.

Why it applies: The mineral resource is reported at a lower cut-off of 0.3 g/t Au for the conceptual open pit and 1.5 g/t Au for the conceptual underground extraction scenario.

Evidence · text

> The mineral resource is reported at a lower cut-off of 0.3 g/t Au for the conceptual open pit and 1.5 g/t Au for the conceptual underground extraction scenario.

Context: Fort Collins, Colorado

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
