Getchell Gold Corp. Expands Claims at Dixie Comstock Project
Getchell Gold Corp. Enhances Its Claim Holdings
Getchell Gold Corp. (CSE: GTCH, OTCQB: GGLDF) is excited to share that it has staked 16 new unpatented mining claims at its Dixie Comstock project, which now totals 44 claims across 725 acres. This development marks a significant growth in the Company's exploration potential in the region.
Exploring the Dixie Comstock Project
The Dixie Comstock project, known for its historic gold production, is situated at the eastern flank of the Stillwater Range. Originally a small-scale gold producer, it is characterized by a low-sulfidation, epithermal gold system. Over the years, numerous gold-bearing fluids have contributed to forming high-grade zones within a broader mineralized area.
A Brief Look at the History
Gold was first discovered at this site in the mid-20th century, with significant operations happening up until the early 1940s. During this time, extensive mining infrastructure was developed, including vertical shafts and a flotation mill. The cumulative production from this period amounted to nearly 4,200 ounces of gold and over 6,700 ounces of silver, showcasing the project's rich potential.
Development Opportunities Await
There has been sporadic production activity through the years, but significant detailed drilling was conducted between 1982 and 1991. This drilling yielded a well-defined mineralized zone that remains open for exploration and may host substantial resources yet to be fully realized. Recent efforts have focused on assessing the viability of reopening and extending the mining operations.
Recent Developments
One key barrier to advancing the project was the presence of a Wilderness Survey Area, which limited development opportunities. Fortunately, this area was released in late 2022, opening the doors to further exploration and mining activities. With no new activity since the 1990s, the Dixie Comstock project stands ready for a fresh approach.
Corporate Changes at Getchell Gold Corp.
As the company moves forward, it has announced the resignation of its CEO, Bill Wagener. Bill played an instrumental role in the operations and success of Getchell Gold, particularly in acquiring important project rights and fostering exploration success. Although he is stepping back from his full-time responsibilities, Bill will continue to contribute on a consultancy basis.
About Getchell Gold Corp.
Focused on gold and copper exploration, Getchell Gold Corp. is committed to its flagship project, Fondaway Canyon, and now further enhances its position with the historic Dixie Comstock project. Alongside these assets, the Company also explores additional projects such as Star and Hot Springs Peak.
Frequently Asked Questions
What recent developments have occurred at Getchell Gold Corp.?
Getchell Gold Corp. has staked 16 new mining claims at the Dixie Comstock project, increasing its total holdings significantly.
What is the historical significance of the Dixie Comstock project?
Dixie Comstock was a small-scale gold producer with significant operations from the 1930s to the early 1940s, contributing to its historic mineral resource.
Why was development previously limited at Dixie Comstock?
A Wilderness Survey Area overlaying the project restricted development. This constraint has now been lifted, enabling new opportunities.
How is Getchell Gold Corp. planning to move forward?
The Company aims to capitalize on its historic assets and newly expanded claims to optimize exploration and potential production.
Who is currently leading Getchell Gold Corp.?
With the resignation of Bill Wagener, Scott Frostad, P.Geo., is now overseeing the project developments as the Qualified Person.
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