G.E.T.T Gold Inc. announced that it has signed an agreement with Mark van Schaik (`MvS') and The Maraik Trust (`MT') to acquire enhanced Intellectual Property for its Thermal Mining Method. MvS founded and managed the maXem group of companies. Under agreements, maXem in South Africa has been involved in the operation of the Thermal Mining Method and then in the manufacturing of related thermal equipment.

Through its implementation and usage of the Thermal Mining Method in South Africa, MvS/MT gained an abundant amount of insight, data and information. Over the past several years MT has conducted extensive research, mathematical modelling, designs including physical testing that led to the development of additional IP related to the equipment needed to operate the Thermal Mining Method. This equipment is essential and will improve the success of the Thermal Mining Method The enhanced Intellectual Property includes but is not limited to: Lance designs built and tested;Combustion Chamber and Nozzle options tested; Thermal Control System options built and tested including a fully automatic PLC version;Ignitor Boxes and Ignitors built and tested;Test Bench equipment built and tested;Multiple methods of testing the spalability of rock built and tested.

In consideration of an amount USD 357,000, G.E.T.T Gold will acquire the Intellectual Property and all related equipment. An initial payment will made upon the signing of the agreement and the remaining balance on a payment schedule over the next 18 months.