(TheNewswire)
Brossard (Quebec) –TheNewswire -June 14th, 2022 - G.E.T.T Gold Inc. (“G.E.T.T Gold”) (TSXV:GETT),(OTC:RCCMF)G.E.T.T Gold is pleased to provide an update on the progress of its corporate activities and initiatives.
CORPORATE UPDATE
Management changes
Ms. Annie-Claude Courchesne will be replacing Ms. Vanessa Guimond as the company’s CFO effective June 1, 2022. Ms. Courchesne has a strong expertise in certification and management of financial and operational risks. She is a member of the Order of Chartered Professional Accountants of Quebec and is currently a partner at Guimond Lavallée inc., a chartered professional accounting firm. During her career, she has had the opportunity to participate in and manage multiple assignments in the areas of certification of public and private companies, risk management, compliance and internal audit. We wish to thank Vanessa for her service and wish her the very best.
Fabian Miller, President and CEO of G.E.T.T. Gold, stated: "It gives me great pleasure to welcome Ms. Courchesne on our team. Her experience and expertise are such that she will fulfill a key role in the organization and contribute to a sound financial management system designed to closely manage and oversee expenses and revenues of our operations. "
Research and Development projects
The company has initiated 7 R&D projects related to its exclusive and patented Thermal Fragmentation Mining Method. Working closely with geologists, academics and industry experts, management seeks to enhance its mining method now based on scientific, measurable data and thermal efficiency measurement tools resulting in a better understanding of the underlining geology and potential productivity at any given mine site.
Operations
Field trials to improve recovery of thermal fragmentated ore during surface bulk-sampling programmes are set to begin in a matter of weeks. Management is currently responding to inquiries from potential clients based in North America, South America and South Africa and is confident that it will secure its first contract during the fourth quarter.
Labyrinth Resources
Management reports that the company has received from Labyrinth Resources Limited the second installment of funds for the sale of its Rocmec 1 and Denain properties. The final instalment is due on November 7, 2022. In addition to the cash component Labyrinth will deliver to G.E.T.T Gold 4,500 ounces of physical gold within an to be delivered on and agreed upon schedule based on the production activities of Labyrinth, and in all cases no later than 48 months of the Commencement Date (November 8, 2021). A copy of the “Project Acquisition Agreement” is available on SEDAR (www.sedar .com) under the Company’s issuer profile.
Follow the link to view G.E.T.T Gold’s new website www.gettgold.com
About G.E.T.T Gold
G.E.T.T Gold is active in the exploration and the development of gold resources in Quebec. G.E.T.T Gold also has an exclusive license for the Thermal Fragmentation mining method.
The company’s growth strategy is based on:
• The development of its gold deposit with the objective of producing revenue from its operations;
• Increasing the value of its mining asset by prioritizing its exploration targets; and
• The commercialization and deployment of its thermal fragmentation technology.
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 its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration and production activities and events or developments that the Corporation expects, are forward looking statements. Although the Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.
G.E.T.T Gold inc. 7055 Taschereau Blvd., suite 500, Brossard (Québec) J4Z 1A7
Tel: (450) 510-4442 www.gettgold.com
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