MIS À JOUR CORPORATIVE – ÉQUIPEMENT ENDOMMAGÉ PAR LE FEU

G.E.T.T Gold Inc. disclosed a major operational setback on September 20, 2024, when fire severely damaged or destroyed its thermal fragmentation equipment. The incident occurred at a third-party storage facility located northwest of Quebec City, where the company had been housing its specialized mining equipment.

The loss of thermal fragmentation equipment represents a significant blow to G.E.T.T Gold's operational capabilities, as this type of specialized equipment is critical for certain mining and ore processing applications. The extent of the damage ranges from heavy damage to complete destruction of the equipment, suggesting substantial replacement costs and potential delays to the company's mining operations.

For the gold mining sector, this incident highlights the operational risks associated with equipment storage and the potential for unexpected events to disrupt mining activities. The company will likely need to assess insurance coverage, evaluate replacement costs, and determine the timeline for restoring full operational capacity. This setback could impact G.E.T.T Gold's near-term production plans and financial position, depending on the value of the destroyed equipment and the company's insurance arrangements.