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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
 
                                  FORM 10-K/A
 
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<CAPTION>
(Mark One)
<S>          <C>
    [X]      ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
             EXCHANGE ACT OF 1934

                     For the fiscal year ended December 31, 1998

                                          OR

    [ ]      TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
             EXCHANGE ACT OF 1934
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Commission file Number 0-16484
 
                           GETCHELL GOLD CORPORATION
             (Exact name of registrant as specified in its charter)
 
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<S>                                               <C>
                 DELAWARE                                      64-0748908
     (State or other jurisdiction of              (I.R.S. Employer Identification No.)
      incorporation or organization)

         5460 SOUTH QUEBEC STREET                                80111
                SUITE 240                                      (Zip Code)
           ENGLEWOOD, COLORADO
(Address of principal executive offices)
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       Registrant's telephone number, including area code: (303) 771-9000
 
          Securities registered pursuant to Section 12(b) of the Act:
 
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             Title of Each Class                   Name of Exchanges on Which Registered
             -------------------                   -------------------------------------
<S>                                                <C>
       Common Stock, par value $0.0001                    American Stock Exchange
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     Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
Registrant was required to file such reports), and (2) has been subject to such
filing requirements for the past 90 days.     Yes [X]  No [ ]
 
     Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to the
best of Registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [X]
 
     Aggregate market value of the voting stock held by non-affiliates of the
registrant, based on the February 23, 1999 closing price of $27 5/16 on the
American Stock Exchange, was approximately $823,800,000. Common Stock
outstanding on February 23, 1999 was 30,807,536 shares.
 
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         Pursuant to Rule 12b-15 of the Securities Exchange Act of 1934, as
amended, Item 3 of the Getchell Gold Corporation Annual Report on Form 10-K for
the year ended December 31, 1998, is amended and restated as follows:

ITEM 3.  LEGAL PROCEEDINGS

         There are no material pending legal proceedings to which we are a party
or to which any of our property is subject.



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                                   SIGNATURES

         Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this amendment to be signed
on its behalf by the undersigned, thereunto duly authorized.

                                        Getchell Gold Corporation

Date:       April 19, 1999              By:   /s/ Donald S. Robson 
      -------------------------             --------------------------
                                                  Donald S. Robson,
                                                  Vice President and Chief
                                                  Financial Officer