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home / news releases / GETT:CC - G.E.T.T Gold Provides Corporate Update


GETT:CC - G.E.T.T Gold Provides Corporate Update

(TheNewswire)

Brossard (Quebec) – TheNewswire - April 11, 2023 - G.E.T.T Gold Inc.(“G.E.T.T Gold”) (TSXV:GETT ), is pleased toprovide an update on its most recent activities pertaining thecompany’s exclusive and patented thermal fragmentation miningmethod.

On February 1, 2023, following a grant from theGovernment of Quebec, the company entered into a 12-month researchprogram agreement with Coalia, a research institute located in Quebec,Canada to confirm, define and determine certain key factorssurrounding the thermal fragmentation mining method, such as:

  • Define a laboratory charting system indicating thetypes of geology amenable to favorable thermal fragmentation

  • Determine the main geological factors which promotefavorable thermal fragmentation

  • Testing will also include usage of a testing devicedeveloped by G.E.T.T’s technical director which was delivered toCoalia on March 5 from our workshop in South Africa

  • The first tests on several reference samples and miningwill start in May 2023

In early March management attended the PDAC convention,an annual mineral exploration & mining convention held in Toronto,Canada. Management participated in several meetings with variousexploration companies, mining contractors and equipment manufacturers.All parties demonstrated a keen interest in our ‘Spalling AssistedMining Method’ and the thermal fragmentation equipment.

‘I was very pleased with the quality and quantity ofmeetings we attended at the PDAC. Discussions are underway withseveral contacts and I look forward to providing regular updates toour shareholders’, stated Mr. Fabien Miller, G.E.T.T’s president& CEO

The company also wishes to advise that negotiationswith Labyrinth Resources Limited are ongoing regarding the terms andconditions of the Project Acquisition Agreement and the subsequentamendments. The companies have mutually agreed to extend thenegotiation period from March 31, 2023 to April 30, 2023.

Additionally, the company announces that Dr. Euler DeSouza has resigned as a member of the Board of Directors so that hemay focus his efforts on other professional duties. The Board ofDirectors would like to thank Dr. De Souza for his contribution overthe past years and wish him well in his future endeavours.

GETT Gold inc. and the Board are currently evaluatingalternatives with respect to appointing two new independent directorsto fill the two current vacancies.

About Coalia

Located in Thetford Mines, Quebec, Canada, COALIAprovides applied research services and technical support for thedevelopment or optimization of innovative products or processes fororganizations in the mineral technology and plastics engineeringsectors. Its mission is to contribute to the development of innovativematerials, products and processes, in collaboration with businessesand organizations working in the mineral technology and plasticsengineering sectors. https://www.coalia.ca/en/

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 commercialization and deployment of its thermalfragmentation technology

• Increasing the value of its mining asset byprioritizing its exploration targets; and

• The development of its gold deposit with theobjective of producing revenue from its operations;

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) 2023 TheNewswire - All rights reserved.

Stock Information

Company Name: G.E.T.T. Gold Inc.
Stock Symbol: GETT:CC
Market: TSXVC
Website: gettgold.com

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