GETT:CC - G.E.T.T. Gold Establishes a Working Relationship with ESGold Corp.
(TheNewswire)
Brossard (Quebec) – TheNewswire - July 21, 2022 - G.E.T.T Gold Inc.(“G.E.T.T Gold”) (TSXV:GETT), (OTC:RCCMF) - G.E.T.TGold is pleased to announce that the Company has entered into amemorandum of understanding (the “MOU”) with ESGold Corp.(“ESGold”), (CSE:ESAU), (formerly Secova Metals Corp. CSE:SEK) toestablish a working relationship on ESGold’s MontaubanProject.
In exchange for the storage and use of heavy-dutyindustrial equipment, such as compressors, and a $250,000 investmentin the Company, ESGold will provide GETT Gold the ability to test itsproprietary thermal fragmentation technology on surface andunderground at Montauban under specific terms and conditions. Inaddition, ESGold will offer preferential scheduling of custom millingservices to GETT Gold at a rate that is 15% below the then currentfair market value as determined and agreed to in advance by bothparties once the processing mill at Montauban is in full productionmode.
Fabian Miller, President and CEO of G.E.T.T. Gold,stated: "We are very pleased with this multi-facet workingarrangement as it allows for the safe and secure storage of ourequipment, the unencumbered ability to test, train and demonstrate ourmining method and the means to offer to potential clients a completeturn-key solution, including milling services."
About ESGold Corp.
ESGold Corp. ( www.esgold.ca ) is a Canadianenvironmentally aware resource exploration and processing company.Management has demonstrated expertise in advancing gold explorationprojects into acquisition targets, most notably in the province ofQuebec. ESGold’s principal restoration and recovery project is theMontauban property situated in Quebec, just 80 kilometers west ofQuebec City. Recently, the Company has also entered into a jointventure agreement to determine the presence of recoverable metals inthe Ottawa River, consistent with ESGold’s commitment toenvironmental recovery solutions. The Company’s main explorationfocus is its 100% ownership of the Eagle River project, which isadjacent to and on-trend to several gold projects in the Windfall Lakedistrict of Urban Barry in Quebec.
About G.E.T.T Gold
G.E.T.T Gold is active in the exploration and thedevelopment of gold resources in Quebec. G.E.T.T Gold also has anexclusive license for the Thermal Fragmentation mining method.
The company’s growth strategy is based on:
• The development of its gold deposit with theobjective of producing revenue from its operations;
• Increasing the value of its mining asset byprioritizing its exploration targets; and
• The commercialization and deployment of its thermalfragmentation technology.
Follow the link to view G.E.T.T Gold’s new website www.gettgold.com
For additional information:
John Stella, Investor relations (514) 718-7976 jstella@gettgold.com
Fabien Miller, President & CEO (514) 892-1935 fmiller@gettgold.com
Neither TSX Venture Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the TSX Venture Exchange) accepts responsibility for the adequacyor accuracy of this release. This press releaseincludes certain statements that may be deemed "forward-lookingstatements". All statements in this release, other thanstatements of historical facts, that address future explorationdrilling, exploration and production activities and events ordevelopments that the Corporation expects, are forward lookingstatements. Although the Corporation believes the expectationsexpressed in such forward-looking statements are based on reasonableassumptions, such statements are not guarantees of future performanceand actual results or developments may differ materially from those inforward-looking statements. Factors that could cause actual results todiffer materially from those in forward looking statements includemarket prices, exploitation and exploration successes, continuedavailability of capital and financing, and general economic, market orbusiness conditions.
G.E.T.T Gold inc. 7055 TaschereauBlvd., suite 500, Brossard (Québec) J4Z 1A7
Tel: (450)510-4442 www.gettgold.com
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