RCCMF - G.E.T.T Gold Inc. Provides Corporate Update
(TheNewswire)
Brossard (Quebec) – TheNewswire - November 24, 2022 - G.E.T.T Gold Inc.(“G.E.T.T Gold”) (TSXV:GETT), G.E.T.T Gold is pleased to provide an update on its most recent activitiesincluding changes to the Board of Directors and the creation of anadvisory committee. During September 2022, G.E.T.T Gold carried out very conclusive and positive thermalfragmentation tests with its Xtract’ore thermal unit on anexploration site located in Eastern Canada.
Objectives of the trials were:
- Test the efficiency and durability of the newequipment added to the thermal unit such as a controller as well asinternal improvements implemented following the acquisition inDecember 2021 of the Intellectual Property from Mark van Schaik, whohas since become G.E.T.T Gold’s technical director.
- Test, evaluate and measure the operational cycleneeded to rapidly complete large diameter surface sampling onexploration sites.
- Evaluate, test and measure the parameters of variousmethods of recovering fragmented rock from surface samplingexcavations with minimal impact on the environment.
- Test the efficiency of the new autonomous mobileunit.
- Define improvements to the deployment process of thevarious steps required between drilling, thermal fragmentation, andrecovery of the fragmented ore.
- Test new highly sensitive technological toolsdeveloped by the company to measure the thermal unit’s performanceand productivity.
Highlights of the objectives for 2023are:
- Validate the underground efficiency and performancedata of thermal fragmentation as a dilution minimizing mining method.
- Define the technical improvements required tofacilitate deployment and increase operational efficiency.
- Develop the necessary modules to improve performanceand further reduce costs.
- Refine the company’s business model for surface andunderground mining methods based on observations and real dataobtained from testing.
- Identify the most profitable markets andopportunities for the company.
- Obtain thermal fragmentation service contracts bothlocally and abroad.
- Acquire an exploration property amenable to thethermal fragmentation mining method allowing the company to profitablyemploy the technology to generate revenue.
‘The end goal of these field tests is to enhance theefficiency, mobility, productivity, and safety of the units in orderto offer potential clients with cost efficient turn-key solutions foreither surface bulk-sampling or underground mining of narrow-vein orebodies’ stated Mark van Schaik, G.E.T.T Gold’s technical advisor.
The company wishes to inform that Mr. Michel Fontaineand Mr. Frank Guillemette have resigned from the board of directors;however, both will assume positions on the newly created advisorycommittee. Management is appreciative for their time as board membersand looks forward to working closely with the committee on mattersthat include but are not limited to acquisition opportunities,potential partnerships or collaboration agreements, governmentassistance programmes, etc.
Additionally, the company is very pleased to welcomeMr. Marcel Laflamme to its Board of Directors .Mr. Laflamme has over 40 years of experience in the mining industry.He joined InnovExplo in 2018 and is recognized for his team managementand technological innovation skills as well as his versatility inmining engineering. At InnovExplo, he mainly contributes to mandatesfor economic studies, design, optimization and planning of open pitand underground mines, in addition to contributing to engineeringstudy mandates.
Mr. Laflamme obtained a bachelor's degree in miningengineering from Laval University (Quebec) in 1981, a master's degreein mining engineering from Laval University (Quebec) in 1985, as wellas a doctorate in mining engineering from Laval University (Quebec) in1990. Before joining InnovExplo, Marcel Laflamme notably worked forLaval University in the mining engineering department as a lecturer,teaching assistant, assistant professor, and associate professor. Healso worked for Natural Resources Canada as a research scientist andregional director – Ecological mining technology in Val-d’Or. Hewas also a scientific researcher for the Mineral Research Center –Mineral Technology Service.
‘ I have knownMarcel for the past 40 years, his knowledge and expertise will beextremely valuable to the company as we move forward with thecommercialisation of the thermal technology.’ stated, Mr. Fabien,president & CEO of G.E.T.T Gold Inc.
About InnovExplo
InnovExplo is a Canadian company with an internationalreputation and is the reference for expert advice, informed opinions,and efficient solutions in every phase of a mining project. Itslarge-scale mandates around the world attest to the strong, closerelationships of trust that the company maintains with its clients inorder to offer comprehensive solutions from design to implementation.Its experienced team and network, which have been growing steadilysince 2003, include several dozen experts who combine a wealth offield experience with the use of innovative technologies.
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
Copyright (c) 2022 TheNewswire - All rights reserved.