Mr. Richard Buzbuzian of Buzbuzian Capital reports
BUZBUZIAN CAPITAL CORP. ANNOUNCES $300,000 STRATEGIC INVESTMENT INTO GETCHELL GOLD CORP.
Buzbuzian Capital Corp. has completed a strategic investment in Getchell Gold Corp. totalling $300,000 for the acquisition of one million units.
Each unit consists of one common share of Getchell and one-half of a common share purchase warrant. Each warrant enables BCC to purchase one additional share at a price of 35 cents per share for a period of 24 months following the closing date.
The strategic investment is driven by Getchell's flagship Nevada asset, the Fondaway Canyon project, which boasts a highly robust preliminary economic assessment highlighting a $1-billion (U.S.) pretax net present value within an open-pit mining operation.
"Buzbuzian Capital Corp.'s investment is quite well timed given the exceptional strength of the gold market and Fondaway Canyon's robust PEA, which outlines a $1-billion (U.S.) pretax NPV," stated Richard Buzbuzian, chief executive officer of Buzbuzian Capital. "Fondaway Canyon stands out even among its impressive Nevada neighbours, and, with a projected average production of 150,000 ounces of gold per year, once built, it will rank as a top-10 gold mining operation in Nevada, a premier Tier 1 jurisdiction where BCC is highly eager to establish a footprint. We view Fondaway as a premier, large-scale Nevada asset and are thrilled to be part of its growth."
Key highlights of the Fondaway Canyon project:
- Substantial valuation: a robust PEA outlining a $1-billion (U.S.) pretax net present value;
- Top-tier production profile: projected average production when built of 150,000 ounces of gold per year over an estimated 10-year mine life;
- Significant resource estimate: the mineral resource comprises 999,000 indicated ounces of gold at 1.40 grams per tonne and 1,812,000 inferred ounces of gold at 1.24 g/t, and remains open with significant potential for expansion.
Mineral resources are not mineral reserves and have not demonstrated economic viability. The PEA is preliminary in nature, and includes inferred and indicated mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that PEA results will be realized. The scientific and technical information regarding Getchell and the Fondaway Canyon project in this news release is taken from Getchell's public disclosure, including its news releases dated Sept. 3, 2026, and Sept. 28, 2026, available under Getchell's profile on SEDAR+.
BCC has acquired these shares and warrants for investment purposes. BCC may evaluate its investment in Getchell from time to time, and, based on market conditions or future events, may increase or decrease its positioning.
About Getchell Gold Corp.
Getchell is a Nevada-focused gold and copper exploration company trading on the Canadian Securities Exchange (GTCH), OTCQB (GGLDF) and FWB (GGA1). Getchell is primarily directing its efforts on its most advanced-stage asset, Fondaway Canyon, a past gold producer with a large mineral resource estimate and a highly robust PEA outlining a $1-billion (U.S.) pretax NPV open-pit mining operation.
About Buzbuzian Capital Corp.
Buzbuzian is a Canadian family office managing an investment portfolio of public and preinitial public offering companies in the resource and technology sectors, as well as a variety of special situations. Buzbuzian does not solicit, nor accept, third party investment.
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