Getchell Gold Corp. (CSE: GTCH; OTCQB: GGLDF; FWB: GGA1) has announced the appointment of Richard Buzbuzian as Chief Executive Officer, effective November 16, 2026. Buzbuzian brings over 25 years of Canadian capital markets and corporate finance experience to the Nevada-focused gold explorer. The appointment is structured with performance-based compensation directly tied to share price thresholds, a detail investors may find notable given the company's flagship Fondaway Canyon project carries a US$1 billion pre-tax NPV preliminary economic assessment.

Key Points

  • Getchell Gold Corp. (CSE: GTCH; OTCQB: GGLDF; FWB: GGA1) is a Nevada-focused gold and copper exploration company
  • Richard Buzbuzian appointed CEO effective November 16, 2026, under a consulting agreement with K9 Capital Corp.
  • Annual consulting fee of $300,000, a discretionary $150,000 first-anniversary bonus, and 4 million Performance Share Units vesting against share price targets of $0.50, $0.75, $1.00, and $1.25
  • Investors may watch progress at Fondaway Canyon, which has a projected 150,000-ounce annual gold production profile and a 10-year estimated mine life

Buzbuzian's Background and Stake in Getchell

Buzbuzian is a Canadian capital markets executive whose prior roles include co-founder and former President of Drone Delivery Canada Corp. (TSXV: FLT), where he led equity financing campaigns raising over $120 million and helped grow the company's market capitalisation beyond $550 million. He holds an undergraduate degree from the University of Toronto and manages Buzbuzian Capital Corp., a private family office. That entity currently holds 1 million Getchell shares and 500,000 share purchase warrants, giving Buzbuzian a pre-existing financial interest in the company ahead of his start date.

Performance Share Unit Structure Aligns CEO with Shareholders

Under the consulting arrangement structured through K9 Capital Corp., Buzbuzian will receive an annual fee of $300,000 and is eligible for a discretionary $150,000 bonus on the first anniversary of his appointment. He will also be granted 4 million conditional Performance Share Units with a vesting date on or after November 16, 2027. The PSUs vest in four equal tranches of 25% each, triggered only after Getchell's common shares trade for 10 consecutive days above $0.50, $0.75, $1.00, and $1.25 respectively — a structure the board noted directly aligns his interests with shareholders.

Fondaway Canyon Project Underpins the Leadership Change

Getchell's primary asset, Fondaway Canyon in Nevada, holds a mineral resource of 999,000 ounces of gold in the indicated category (22.1 million tonnes at 1.40 g/t) and 1.812 million ounces in the inferred category (45.6 million tonnes at 1.24 g/t), with the resource remaining open for expansion. The preliminary economic assessment outlines a US$1 billion pre-tax NPV and a projected average annual production profile of 150,000 ounces of gold over an estimated 10-year mine life. Investors should note that mineral resources are not mineral reserves, and there is no certainty PEA results will be realised. The qualified person who reviewed the technical content is Patrick McLaughlin, P.Geo., VP Exploration.