Friday, June 07, 2024

May Nasdaq IPOs; (NYSE: $IBTA) (Nasdaq: $JUNE) (Nasdaq: $RAY) (Nasdaq: $HDL)

May Nasdaq IPOs; (NYSE: $IBTA) (Nasdaq: $JUNE) (Nasdaq: $RAY) (Nasdaq: $HDL)

 

Canadian IPO’s in Mining: (TSXV: $ORCL.V) (CSE: $ARGL.CN)

 

 



 

 

June 7, 2024 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces today’s roundup of stocks – all recent IPO’s.

 

Read this in full at: https://www.investorideas.com/news/2024/main/06071Stocks.asp

 

The newest companies entering the Nasdaq markets are involved in digital media, home décor and maintenance services, personal care electronic products and a Chinese cuisine restaurant brand.

 

The latest Canadian listed IPOs are both mining companies.

 

Investor Ideas is always researching and searching for new stocks to add to our growing list of free stock directories. The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.”

 

New Stocks Added to the Tech Directories:

Ibotta, Inc. (NYSE:IBTAis a leading performance marketing platform allowing brands to deliver digital promotions to over 200 million consumers through a network of publishers called the Ibotta Performance Network (IPN). The IPN allows marketers to influence what people buy, and where and how often they shop – all while paying only when their campaigns directly result in a sale. American shoppers have earned over $1.8 billion through the IPN since 2012. The largest tech IPO in history to come out of Colorado, Ibotta is headquartered in Denver, and is continually listed as a top place to work by The Denver Post and Inc. Magazine.

 

New Stocks Added to the Homebuilder Directories:

Junee Ltd (Nasdaq:JUNE) and its wholly-owned subsidiary, OPS Interior Design Consultant Limited ("OPS HK"), provides quality interior design, fit-out and maintenance services to both residential and commercial clients in the Hong Kong interior design market. The interior design service involves preliminary consulting services, conceptualizing clients' design ideas with layout plans, and producing detailed design drawings. Fit-out work generally includes any activities making an interior space suitable for residential or commercial purposes. OPS HK also provides a broad range of repair and maintenance services, including routine home condition upkeep services. OPS HK won the Muse Design Award in 2020, and was the given Most Valuable Companies in Hong Kong Award 2020 by Mediazone.

 

New Stocks Added to the Retail Directories:

Raytech Holding Ltd (Nasdaq:RAY) is a Hong Kong-headquartered company with over 10 years of experience in the personal care electrical appliance industry. Through its operating subsidiary in Hong Kong, it sources and wholesales a diverse range of personal care electrical appliances ranging from hair styling, tooling, trimmer, eyelash curler, neck care, to nail care and other body and facial care appliances for international brand owners, providing integrated product design, production processing, and manufacturing solutions.

 

New Stocks Added to the Food & Beverage Directories:

SUPER HI INTERNATIONAL HOLDING LTD. (Nasdaq:HDL) is a leading Chinese cuisine restaurant brand, operating Haidilao hot pot restaurant in the international market. With roots in Sichuan from 1994, Haidilao has become one of the most popular and largest Chinese cuisine brands in the world. With almost 30 years of brand history, Haidilao is well-loved by guests for its unique dining experience — warm and attentive service, great ambiance and delicious food, standing out among global restaurant chains, which has made Haidilao restaurants into a worldwide cultural phenomenon. As of March 31, 2024, Super Hi had 119 self-operated restaurants in 13 countries across four continents, making it the largest Chinese cuisine restaurant brand in terms of number of countries covered by self-operated restaurants.

 

New Stocks Added to the Mining Directories:

Oracle Commodity Holding Corp. (TSXV:ORCL) is a mining royalty company, a spin out from Silver Elephant Mining Corp. in 2022. Oracle's business is acquiring royalties on silver and critical minerals mining projects.

 

Argyle Resources Corp. (CSE:ARGL) is a junior mineral exploration company engaged in the business of acquiring, exploring, staking and evaluating natural resource properties in North America. The Company currently holds an option to acquire up to 100% of the Frenchvale Graphite Property located in Nova Scotia, Canada and an option to acquire up to 100% of the Wintering Lithium Property located in Ontario, Canada, which is not a mineral project material to the Company. The Company was incorporated in 2023 and its head office is located in Calgary, Alberta, Canada.

 

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The Hunt for Virus Treatments Continues Post Covid-19 (NASDAQ: $AEMD) (NASDAQ: $MRNA) (NYSE: $PFE) (NASDAQ: $IBRX) (NASDAQ: $ALGS) @moderna_tx @pfizer @ImmunityBio @AligosThera

 

The Hunt for Virus Treatments Continues Post Covid-19 (NASDAQ: $AEMD) (NASDAQ: $MRNA) (NYSE: $PFE) (NASDAQ: $IBRX) (NASDAQ: $ALGS) @moderna_tx @pfizer @ImmunityBio @AligosThera

 

June 7, 2024 - Investorideas.com, a go-to investing platform, releases the second of a two-part series looking at news and developments for the treatment of viruses, featuring Aethlon Medical, Inc. (Nasdaq: AEMD), a medical therapeutic company focused on developing products to treat cancer and life-threatening infectious diseases.

 

The threat of viruses is back in the news with multiple news sources, including the Guardian reporting, ”The World Health Organization (WHO) has said a man’s death in Mexico was caused by a strain of bird flu called H5N2 that has never before been found in a human.”

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of Aethlon Medical Inc.

 

Read this article featuring AEMD in full at https://www.investorideas.com/news/2024/biotech/06071Virus-Treatments-Post-Covid-19.asp

 

The WHO said Wednesday it wasn’t clear how the person became infected. “Although the source of exposure to the virus in this case is currently unknown, A (H5N2) viruses have been reported in poultry in Mexico,” it said in a statement.

 

Continued: “Scientists are on alert for changes in the virus that could signal that bird flu is adapting to spread more easily among humans.

 

Continued:  “But the UN agency said Wednesday said the current risk of the bird flu virus to the general population in Mexico is low.”

 

With global populations and economies still feeling the impact of Covid-19, any virus threat is going to make headlines.

 

As viruses make headlines, companies are seeking solutions and not all are focused on vaccine development.

 


Aethlon Medical, Inc. (Nasdaq: AEMD) just recently announced an update on its technology for cancer treatment on its planned phase 1 safety, feasibility and dose-finding clinical trials of its Hemopurifier® in patients with solid tumors who have stable or progressive disease during anti-PD-1 monotherapy treatment, such as Keytruda® or Opdivo®.

 

The Aethlon Hemopurifier® technology is designed for the rapid depletion of cancer-promoting exosomes and circulating viruses. The United States Food and Drug Administration (FDA) has designated the Hemopurifier® as a “Breakthrough Device” for the treatment of individuals with advanced or metastatic cancer who are either unresponsive to or intolerant of standard of care therapy, and with cancer types in which exosomes have been shown to participate in the development or severity of the disease; and life-threatening viruses that are not addressed with approved therapies.

 

As reported previously, separate from its current focus on cancer treatment, Aethlon has investigated the potential for the use of the Hemopurifier® in viral diseases.

 

According to their SEC filing, “We also believe the Hemopurifier can be part of the broad-spectrum treatment of life-threatening highly glycosylated, or carbohydrate coated, viruses that are not addressed with an already approved treatment. In small-scale or early feasibility human studies, the Hemopurifier has been used in the past to treat individuals infected with human immunodeficiency virus, or HIV, hepatitis-C and Ebola.”

 

“Additionally, in vitro, the Hemopurifier has been demonstrated to capture Zika virus, Lassa virus, MERS-CoV, cytomegalovirus, Epstein-Barr virus, Herpes simplex virus, Chikungunya virus, Dengue virus, West Nile virus, smallpox-related viruses, H1N1 swine flu virus, H5N1 bird flu virus, Monkeypox virus and the reconstructed Spanish flu virus of 1918. In several cases, these studies were conducted in collaboration with leading government or non-government research institutes.”

 

Recently, Zacks reported that “Vaccine Stocks Rise on Growing Threat of Bird Flu Infections”

 

“Shares of several vaccine makers soared after reports suggest that the Biden administration is in discussions with Moderna (NASDAQ: MRNA) and Pfizer (NYSE:PFE) to set up a possible vaccine program aimed at preventing the spread of the H5N1 virus, also known as bird flu, in humans.”

 

Continued: “These reports came to light after the discovery of two cases of H5N1 virus in dairy farm workers in Texas and Michigan this year. Both these workers experienced symptoms in the eye after coming into contact with dairy cows infected with the H5N1 virus.”

 

But the treatment of viral diseases has other options including immunotherapy.

 

ImmunityBio (NASDAQ: IBRX), a clinical-stage immunotherapy company, announced earlier this year the publication of preclinical data in the online issue of Science, First Release indicating that combination therapy with N-803, an IL-15 superagonist, and broadly neutralizing antibodies may potentially enable the immune system to manage human immunodeficiency virus (HIV) without the need for antiretroviral treatment.

 

From the news: In the preclinical non-human primate study, researchers led by Dr. James Whitney, Ph.D. and funded by the National Institutes of Health and the National Institute of Allergy and Infectious Diseases (NIAID) demonstrated that using N-803, in combination with broadly neutralizing antibodies (bNAbs), led to sustained viral control after discontinuation of antiretroviral therapy (ART) in ART-suppressed rhesus macaques infected with simian-human immunodeficiency virus AD8 (SHIV-AD8). Treatment with N-803 and bNAbs led to immune activation and transient viremia, but only limited reductions in the SHIV reservoir. Upon ART discontinuation, all animals experienced viral rebound, followed by long-term virus control for up to 10 months in approximately 70% of those treated with N-803 and bNAbs.

 

"The viral reservoir in people with HIV is established within the first few days of infection and cannot be eliminated by the body’s immune system or currently available treatments, representing a significant obstacle in curing an established HIV infection," said James B. Whitney, M.D., Study Author and Researcher at the Center for Virology and Vaccine Research at Beth Israel Deaconess Medical Center and Harvard Medical School. "When combined with broadly neutralizing antibodies, N-803 has the potential to provide viral control without significant reduction in the viral reservoir, which further suggests that the complete eradication of this reservoir may not be required to induce sustained remission after discontinuing antiretroviral therapy."

 

Taking another approach to viral diseases, Aligos Therapeutics, Inc. (NASDAQ: ALGS) is a clinical stage biopharmaceutical company that was founded in 2018 with the mission to become a world leader in the treatment of liver and viral diseases. Aligos’ strategy is to harness the deep expertise and decades of drug development experience its team has in liver and viral diseases to discover and develop potentially best-in-class therapeutics for metabolic dysfunction-associated steatohepatitis (MASH) and viruses with high unmet medical need such as hepatitis B and coronaviruses.

 

The Company just announced positive data from six poster presentations at the European Association for the Study of the Liver (EASL) Congress 2024, being held June 5-8 in Milan, Italy.

 

From the news: Reported for the first time were antiviral and safety data in HBeAg-negative CHB subjects who received a daily single dose of 300 mg ALG-000184 monotherapy for ≤60 weeks. In all 11 subjects (100%), complete suppression of HBV DNA (<LLOQ 10 IU/mL) and RNA (<LLOQ 10 copies/mL) were noted, with reduction in HBcrAg levels indicating inhibition of HBV replication, as well as inhibition of cccDNA establishment/replenishment. In both patient populations, ALG-000184 continues to be well tolerated with no viral breakthrough.

 

With bird flu cases on the rise, retail investors are once again on the hunt for stocks with potential solutions.

 

As Bloomberg reported recently,”Mounting cases of bird flu in humans is luring the day trading crowd to snap up stock in vaccine developers. It’s a familiar setup for industry veterans who have witnessed past trading frenzies at the first signs of an outbreak.”

 

This won’t be the last viral outbreak. There are more viruses than stars in the universe. And there are multiple solutions to treating viruses in addition to vaccines.

 

Read part one of the series at Investorideas.com

https://www.investorideas.com/news/2024/biotech/06031Blood-Purification-Medical-Devices.asp

 

Research biotech and medical device/ tech stocks at Investorideas.com

https://www.investorideas.com/BIS/Stock_List.asp


About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.

 

Disclaimer/Disclosure: This news article featuring AEMD is a paid for news release on Investorideas.com.  AEMD is a paid featured medical tech stock on our site. Our site does not make recommendations for purchases or sale of stocks, services or products.  This is not investment opinion: Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services and prices on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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Biotech Industry Stocks- investing ideas in biotechnology stocks, medical technology and life sciences

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Thursday, June 06, 2024

Breaking Gold Stock News: Great Atlantic (TSXV: $GR.V) to Begin Trenching Program 100% Owned Golden Promise Gold Property Central Newfoundland; @GreatATLres

 


Breaking Gold Stock News: Great Atlantic (TSXV: $GR.V) to Begin Trenching Program 100% Owned Golden Promise Gold Property Central Newfoundland; @GreatATLres

                   

VANCOUVER, British Columbia  June 6, 2024 - (Investorideas.com Newswire) GREAT ATLANTIC RESOURCES CORP. (TSXV:GR; FRA: PH02) (the “Company” or “Great Atlantic”), is pleased to announce its wholly owned subsidiary, Golden Promise Mines Inc., will begin an excavator trenching program in early June at its Golden Promise Gold Property, located in central Newfoundland.

 

Three trenches are planned within the southwest region of the property in an area of gold soil geochemical anomalies and rock samples containing anomalous levels of gold.  

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of Great Atlantic Resources

Read this news, featuring GR in full at https://www.investorideas.com/news/2024/06061GR-Begin-Trenching-Program.asp

 

 


Gold Bearing Boulder Near Planned Trench No. 1 Site – 0.44 G/T Gold (2023 sample)

 


 




The trenching will be conducted in the southwest region of the Golden Promise Property within Mineral Licence 036105M. The three planned trenches will test areas of gold soil anomalies up to 77 parts per billion (ppb) gold. The first two trenches will also test areas of rock samples (outcrop and glacial float boulders) which yielded anomalous gold values including 0.44, 0.57 and 1.04 grams / tonne gold. The soil and rock samples were collected by Great Atlantic during 2018-2023 programs (see Company news releases for exploration is this region).

 


The Golden Promise Property hosts gold bearing quartz veins in various regions of the property including the Jaclyn Zone quartz vein systems, Shawn’s Shot quartz vein, Otter Brook occurrence, Linda / Snow White quartz vein system and the Gabbro Zone occurrence.

 

The June 2024 trenching program will be conducted approximately 3.5 to 4.0 kilometers northeast of Linda / Snow White gold bearing quartz vein system.

The Golden Promise Gold Property is the largest and most advanced of eight central Newfoundland gold properties owned by Golden Promise Mines Inc. and located within the Exploits Subzone of the Newfoundland Dunnage Zone. One of these properties (Golden Trust) is located within one kilometer of the Valentine Gold Mine of Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) which is also located within the Exploits Subzone. Readers are warned that mineralization at the Valentine Gold Mine is not necessarily indicative of mineralization at the Golden Promise Property or any of the other central Newfoundland gold properties of Golden Promise Mines Inc.

 

David Martin, P.Geo. (New Brunswick and Newfoundland and Labrador), a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.

 

On Behalf of the board of directors

“Christopher R Anderson

 

Mr. Christopher R. Anderson 

President CEO Director

604-488-3900 – Office

 

Investor Relations:    1-416-628-1560   IR @ GreatAtlanticResources.com

 


About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Gold, Copper, Zinc, Nickel, Cobalt, Antimony and Tungsten.

 

 


This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Great Atlantic Resource Corp.

888 Dunsmuir Street - Suite 888, Vancouver, B.C., V6C 3K4

 

Great Atlantic Resource Corp. (TSXV: GR) is a featured mining stock on Investorideas.com

More info on GR at Investorideas.com Visit: https://www.investorideas.com/CO/GR/

Disclaimer/Disclosure: GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) is a paid featured mining stock on Investor Ideas. More info:Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact management and IR of each company directly regarding specific questions. More disclaimer and disclosure info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

 


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Breaking Gold Stock News: Getchell Gold Corp.'s (CSE: $GTCH.CN) (OTCQB: $GGLDF) 2024 Field Work Delivers a 7% Increase in the Bulk Density of the Mineralized Host Rock at the Fondaway Canyon Gold Project, Nevada; @getchell_gold

Breaking Gold Stock News: Getchell Gold Corp.'s (CSE: $GTCH.CN) (OTCQB: $GGLDF) 2024 Field Work Delivers a 7% Increase in the Bulk Density of the Mineralized Host Rock at the Fondaway Canyon Gold Project, Nevada; @getchell_gold

 


VANCOUVER, BC - June 6, 2024 (Investorideas.com Newswire) Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) (FWB: GGA1) ("Getchell" or the "Company") is pleased to announce the completion of the bulk density ("BD") field program that forms part of an updated Mineral Resource Estimate ("Updated MRE") at the Fondaway Canyon gold project in Nevada.

 

Key Highlights

  • 7% Increase to the density of the mineralized host rock;
  • Bulk density is one of the main factors utilized in mineral resource estimates;
  • The Updated MRE for the Fondaway Canyon gold project is in progress; and
  • 8 drill holes with notable gold intervals, not previously incorporated, will augment the Updated MRE;

 

Bulk Density Program

The Company published its first Mineral Resource Estimate* ("2023 MRE") for the Fondaway Canyon gold project (Company news release dated February 1, 2023), reporting:

  • Inferred Mineral Resource of 38.3 million tonnes at an average grade of 1.23 g/t Au for
    1,509,100 ounces of gold; and
  • Indicated Mineral Resource of 11.0 million tonnes at an average grade of 1.56 g/t Au for an additional 550,800 ounces of gold;

 

This news is paid advertisement/ news disseminated on behalf of/issued on behalf of Getchell Gold Corp.

 

Read this news, featuring GTCH in full at https://www.investorideas.com/news/2024/06061GTCH-Fondaway-Canyon-Gold-Project.asp

As there was an insufficient population of bulk density samples previously collected, a default density of 2.56 g/cm3 was assigned to the rock hosting the mineralized zones in the 2023 MRE. In order to establish a more representative value to be utilized in the Updated MRE, a field program was initiated in April 2024 to measure a statistically significant population of drill core.

 

A total of 1,382 sample measurements were recorded from nine holes drilled by the Company between 2020 and 2022, well representative of the lithologies, alteration, and mineralization contained within the mineral resource. Validating the field measurements, a subset of 121 samples was sent to Bureau Veritas analytical laboratory in Sparks, Nevada for independent confirmation and to provide a number of measurements using a wax coating methodology.

 

A density of 2.74 g/cm3, representing a 7% increase, was derived from the BD program and assigned to the rock hosting the mineralized zones. This value is a direct input factor in a mineral resource estimate and may potentially represent a commensurate increase in tonnes given all other factors and inputs remain unchanged.

 

"The positive result of the bulk density sampling program is another one in a long series of positive results produced by Getchell Gold Corp. at Fondaway Canyon, and one that continues to increase the attractiveness and potential of the project." states Mike Sieb, President of the Company.

 

Updated Mineral Resource Estimate

Of the 26 holes drilled by the Company in the Central Area of Fondaway Canyon since 2020, only 18 of those holes were incorporated into the 2023 MRE. The results of the additional eight (8) drill holes were received after the cutoff date for data to be included in the 2023 MRE. All eight (8) of these drill holes, FCG22-20 to FCG22-28, excluding FCG22-24 that drilled a separate target area, reported significant intervals of gold mineralization**:

 



Figure 1: Fondaway Canyon Gold Project – Drill Hole Location Plan Map of holes not included in the MRE (CNW Group/Getchell Gold Corp.)




Mike Dufresne, P.Geo., of Apex Geoscience Ltd., is the Qualified Person (as defined in National Instrument 43-101) who reviewed and approved the content and scientific and technical information in the news release.

 

** Drill results published in Company news releases dated November 2 and 15, 2022, and January 10 and 18, 2023.

 

*Notes on the 2023 Mineral Resource Estimate:

 

1. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There has been insufficient exploration to define the Inferred Resource as Indicated or Measured Mineral Resources, however, it is reasonable to expect that the majority of the Inferred Mineral Resource could be upgraded to Indicated Mineral Resources with continued exploration. There is no guarantee that any part of the mineral resources discussed herein will be converted into a mineral reserve in the future. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, marketing, or other relevant issues. The Mineral Resources in this report were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") standards on mineral resources and reserves, definitions, and guidelines prepared by the CIM standing committee on reserve definitions and adopted by the CIM council (CIM 2014 and 2019).

 

2. The effective date of the Mineral Resource Estimate is December 15, 2022, and a technical report on the Fondaway Canyon project titled "Technical Report Mineral Resource Estimate Fondaway Canyon Project, Nevada, USA" was filed by the Company on SEDAR+ on February 1, 2023.

 

3. The independent and qualified person for the MRE, as defined by National Instrument 43-101, is Michael Dufresne, P.Geo., from APEX Geoscience Ltd.

 

4. The Mineral Resource Estimate is underpinned by data from 518 reverse circulation and diamond drillholes totalling 52,395m of drilling that intersected the mineralized domains.

 

5. The mineral resource is reported at a lower cut-off of 0.3 g/t Au for the conceptual open pit and 2.0 g/t Au for the conceptual underground extraction scenario. The lower cut-off grades and potential mining scenarios were calculated using the following parameters: mining cost = US$2.70/t (open pit); G&A = US$2.00/t; processing cost = US$15.00/t; recoveries = 92%, gold price = US$1,650.00/oz; royalties = 1%; and minimum mining widths = 1.5 metres (underground) in order to meet the requirement that the reported Mineral Resources show "reasonable prospects for eventual economic extraction".

 

6. Original Au assays were composited to 1.5 m with 11,957 composites generated overall in the mineralized domains including 9,980 composites generated for the Central Zone, 1,323 for the Mid-Realm / South Mouth Zone, and 654 for the Silica Ridge / Hamburger Hill Zone.

 

7. Grade interpolation was performed by ordinary kriging using 1.5 metre composites (block size of 3m x 3m x 3m).

 

8. A default density of 2.56 g/cm3 was used for the mineralized zones.

 

9. The mineral resources estimate is categorized as indicated or inferred and classified based on data density, data quality, confidence in the geological interpretation and confidence in the robustness of the grade interpolation. The indicated category was defined by a search ellipse extending 55m along the major axis, 40m along the minor axis, and 10m vertical. In addition, a minimum of 3 drill holes were required, reporting 9 samples with a maximum of 3 samples per drill hole. The inferred category was defined using a search of up to 120 m and requiring at least 1 sample per drillhole from a minimum of 2 drillholes.

 

10. High-grade capping supported by statistical analysis was completed on composite data for each zone and was established at 29 g/t Au for the Central Zone, 6.5 g/t Au for the Mid Realm - South Mouth Zone, and 8.0 g/t Au for the Silica Ridge – Hamburger Hill Zone.

 

11. The number of metric tonnes was rounded to the nearest thousand and gold ounces was rounded to the nearest hundred, and any discrepancies in the totals are due to rounding effects. Metal content is presented in troy ounces (tonnes x grade (g/T) / 31.10348).

 

12. The author is not aware of any known environmental, permitting, legal, title-related, taxation, socio-political or marketing issues or any other relevant issue not reported in the technical report that could materially affect the mineral resource estimate.

 

About Getchell Gold Corp.

The Company is a Nevada focused gold and copper exploration company trading on the CSE: GTCH, OTCQB: GGLDF, and FWB: GGA1. Getchell Gold is primarily directing its efforts on its most advanced stage, 100% owned, Fondaway Canyon gold project, a past gold producer with a large mineral resource estimate. Complementing Getchell's asset portfolio are the 100% owned; Dixie Comstock, a past gold producer with a historic resource and two earlier stage exploration projects, Star (Cu-Au-Ag), and Hot Springs Peak (Au) projects. Fondaway Canyon and Dixie Comstock properties are located in Churchill County, Nevada.

For further information please visit the Company's website at www.getchellgold.com or contact the Company at info@getchellgold.com.

 

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

 

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the timing and results, albeit an increase or decrease, of the specific density characterization program or of an updated Mineral Resource Estimate at the Fondaway Canyon gold project; and the launching and completion of the Financing, the terms of the Financing, the issuance and vesting of Warrants, payment of finder's fees in connection with the Financing, receipt of all applicable regulatory approval of the Financing, and the use of proceeds. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of Getchell have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

 

SOURCE Getchell Gold Corp.

 

Getchell Gold (CSE:GTCH.CN;OTCQB:GGLDF) is a featured mining stock on Investorideas.com

 

More info on Getchell at Investorideas.com Visit: https://www.investorideas.com/CO/GTCH/

 

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Disclosure: Getchell Gold Corp. is a paid featured mining stock on Investor ideas. Read full disclosure https://www.investorideas.com/About/News/Clientspecifics.asp




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