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Granite Creek Copper Ltd. - GCXXF STOCK NEWS

Welcome to our dedicated news page for Granite Creek Copper Ltd. (Ticker: GCXXF), a resource for investors and traders seeking the latest updates and insights on Granite Creek Copper Ltd..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Granite Creek Copper Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Granite Creek Copper Ltd.'s position in the market.

Rhea-AI Summary
Granite Creek Copper completes a private placement offering, raising $1.5 million through the issuance of 37.5 million units at $0.04 per unit. The offering includes common shares and share purchase warrants. The company pays commissions and issues finder's warrants. Officers and Directors of the company also participate in the private placement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-26.02%
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Rhea-AI Summary
Granite Creek Copper Ltd announces a non-brokered private placement of up to 37.5 million units at $0.04 per unit, aiming for gross proceeds of $1.5 million. The company plans to use the funds for general corporate purposes and strategic initiatives. President & CEO Tim Johnson highlights the opportunity to expand the critical minerals portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.06%
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Rhea-AI Summary
Granite Creek Copper Ltd. has announced significantly increased recovery of copper from oxide material at its Carmacks Copper-Gold-Silver project through metallurgical studies conducted by Kemetco Research Inc. The current test results show a total recovery of 88% for oxide material is possible, an increase of 48% over the PEA base case. These results will have a significant impact on the economics for the project. Kemetco Research Inc. was retained to complete testing on tailings produced in previous metallurgical work to develop a process for treating material that will have passed through the mill and still have significant oxide copper minerals present. The results of this testing are promising and showcase the efficacy of copper recovery from Carmacks copper oxide flotation tailings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.65%
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Rhea-AI Summary
Granite Creek Copper announces positive results of metallurgical study to increase copper recovery at Carmacks Project. Up to 81% of copper goes into solution in leaching tests. Potential for over 80% recovery of oxide material. Possibility to exceed 20% increase in total copper recovery. NPV could be significantly increased. Process may be used in other areas. Corrections made to previous disclosure.
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Rhea-AI Sentiment
End-of-Day
1.85%
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Rhea-AI Sentiment
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4.6%
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Rhea-AI Sentiment
End-of-Day
-4.84%
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Rhea-AI Summary
Granite Creek Copper provides additional detail on the acquisition of the Lucky Ship molybdenum project. The project is located in British Columbia and has a long history of mining. The company can acquire a 100% interest in the project by issuing common shares and completing work. The acquisition is subject to approval by the TSX Venture exchange.
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Rhea-AI Sentiment
End-of-Day
-6.98%
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-3.91%
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management
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Rhea-AI Sentiment
End-of-Day
-23.3%
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Granite Creek Copper Ltd.

OTC:GCXXF

GCXXF Rankings

GCXXF Stock Data

7.97M
151.42M
5.91%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
Canada
Vancouver