Page 24 - Bullion World Volume 3 Issue 4 April 2023

Bullion World | Volume 3 | Issue 4 | April 2023

Carangas: A Silver-Gold System and holes in the Central Valley
Discovered in 2021 area continuously hit gold Silver strike: Historic Silver Mining
• 6.25 km2 silver-gold-lead-zinc underneath the silver horizon. District to Be Drilled
project at ~3,900 m elevation, • A 15,000 m drill program • 44.55 km2 land package,
located in Oruro Department, planned in Q1 2023 to test located 140 km southwest of La
Bolivia the eastern extension of gold Paz, Bolivia
• 35 drill holes in 13,000 m mineralization beneath the East • Rio Tinto drilled 8 diamond
drilling completed in the Dome and expand parts of the holes and 12 RC holes in 1995
second half of 2021 shallow silver horizon • Drill-ready targets:
• An additional 50,368 m of • Carangas inaugural Mineral a. Silver strike North: sandstone-
drilling in 115 holes completed Resource Estimate expected in hosted, structurally controlled
by 2022. Since June 2021, a Q2 2023. silver mineralization, similar to
total of 63,578 m in 150 holes the setting at Silver Sand
have been drilled Silver strike Project- 200 m b. Silver strike Central:
• Drill results have shown an thick near-surface oxidized gold disseminated silver-lead-
extensive, near-surface silver zone discovered in 2022. Drilling zinc and gold mineralization
horizon of 1,000 m long by 800 Extensive mining dumps show 150 associated with rhyolitic volcanic
m wide and up to 200 m thick, to 200 g/t silver domes, like Carangas. +
stacked above a thick gold 2022: drilling discovered 200 m
zone interval @ ~1 g/t gold. Multiple SOURCE- https://www.
• Every drill hole intercepted the targets of Silver Sand and newpacificmetals.com/investors/
silver horizon near the surface, Carangas types of mineralization. corporate-presentation/

Mineral Resource Estimate Key Estimate, Major discoveries in 2020
Highlights- and expansion of the new zones
a. Large ‘at surface Mineral drilled through 2022. Nineteen
Resource Estimate in a premier (19) drill holes, totalling 6,973
gold mining jurisdiction; metres (22,877 feet) drilled by the
b. Inferred Mineral Resource Company in 2020, 2021, and 2022,
of 38.3 million tonnes at an were considered in the current
average grade of 1.23 g/t Au for MRE and represented a significant
About Getchell Gold Corp. 1,509,100 ounces of gold; component of the expanded gold
Getchell Gold is a resource c. Indicated Mineral Resource mineralization.
company committed to responsible of 11.0 million tonnes at an
exploration focused on gold average grade of 1.56 g/t Au for Nine (9) holes drilled in 2022,
and copper in Nevada. The an additional 550,800 ounces of totalling 3,473 metres (11,394 feet),
company was founded in 2000 gold; were completed subsequent to the
and operates in Toronto, Ontario, d. Gold mineralization remains cut-off for inclusion into the MRE.
Canada. Getchell Gold is primarily open for further expansion in all The assay results from these nine
directing its efforts on its most contributing zones. 2022 holes will be incorporated
advanced stage asset, Fondaway into a future Mineral Resources
Canyon, a past gold producer The MRE represents a significant Estimate.
with a significant in-the-ground expansion to a historic Mineral
Mineral Resources Estimate. Resources Estimate published the SOURCE- https://cdn.
Complementing Getchell’s asset following:- getchellgold.com/wp-content/
portfolio is the Star project, a past Primarily modelling the Mineral uploads/2023/03/16060817/GTCH-
high-grade copper, gold, and Resources as a bulk tonnage Presentation-20230304-1-2.pdf
small-scale silver producer; the target with a conceptual open pit
Dixie Comstock project, a past gold mining scenario versus a solely
producer with a historic resource; underground extraction scenario;
and one earlier stage exploration
project, Hot Springs Peak (Au). The addition of new assay results
Getchell has the option to acquire from 26 diamond drill holes (2017
100% of the Fondaway Canyon to 2022) that were completed
and Dixie Comstock properties in subsequent to the release of the
Churchill County, Nevada. historic 2017 Mineral Resources

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