09:02 AM EDT, 09/09/2025 (MT Newswires) -- Getchell Gold ( GGLDF ) said Tuesday it agreed to lease the Dixie Comstock gold property in Nevada to Montana Goldfields for 20 years.

The agreement covers the exploration and development of mining and processing of minerals in the property, Getchell said.

Under the terms, Montana will pay $25,000 and minimum advance royalty payments of $25,000 per year throughout the term of lease.

Montana will also pay a 2% net smelter return production royalty to Getchell.

Getchell traded 2.2% higher on Monday to near 52-week highs of $0.465 per share on the CSE.