Welcome to our dedicated page for Granite Creek Co news (Ticker: GCXXF), a resource for investors and traders seeking the latest updates and insights on Granite Creek Co stock.
The GCXXF news archive captures the historical announcements of Granite Creek Copper Ltd., a former growth-stage exploration company whose shares traded on the OTC markets under GCXXF and on the TSX Venture Exchange as GCX. Company news releases describe a focus on exploration and development of critical minerals projects in North America, including copper, gold, molybdenum, nickel, and platinum group metals, along with emerging work in geologic hydrogen and carbon sequestration.
Readers of this page can review news covering Granite Creek’s flagship Carmacks copper-gold-silver project in Yukon, where the company reported a National Instrument 43‑101 compliant resource, a Preliminary Economic Assessment, and multiple drilling campaigns. Releases discuss new mineralized zones such as the Gap Zone, resource expansion potential, and metallurgical test work aimed at improving recoveries at Carmacks.
The archive also includes updates on Granite Creek’s broader portfolio, such as the LS molybdenum project and the Star copper-nickel-PGM project in British Columbia, as well as ultramafic projects in Alaska like Union Bay and the proposed Duke Island acquisition. Many of these announcements highlight the dual focus on critical minerals and the potential for carbon sequestration and geologic hydrogen production in ultramafic rock settings.
A key theme in the later news flow is corporate transformation. Releases describe the incorporation of Element One Hydrogen Ltd., collaborations with research organizations including Kemetco Research Inc., New England Research Inc., and academic partners, and ultimately the business combination with Cascadia Minerals Ltd. through a court‑approved plan of arrangement. That transaction merged Granite Creek into Cascadia and shifted ongoing project reporting to Cascadia’s symbols.
Investors and researchers can use this GCXXF news page as a historical record of Granite Creek Copper’s exploration activities, project transactions, and the steps leading to its merger into Cascadia Minerals.
Granite Creek Copper (TSX.V:GCX)(OTCQB:GCXXF) has announced the discovery of a new mineralized zone, dubbed the Gap Zone, at its Carmacks copper-gold-silver project in Yukon, Canada. The discovery resulted from a 1420-metre drill program consisting of four holes. The Gap Zone, located between the proposed 147 and 2000S pits, was traced for approximately 170 meters and remains open along strike and at depth.
The company believes this discovery has the potential to add significant tonnage and extend the mine life outlined in the 2023 Preliminary Economic Assessment. The Carmacks project currently contains over 824 Mlbs Measured and Indicated and 29 Mlbs Inferred copper equivalent within a high-grade resource of 36.2 million tonnes grading 1.07% CuEq. Additionally, Granite Creek has issued 750,000 shares to the vendors of the LS molybdenum project as part of an earn-in agreement.
Granite Creek Copper (TSX.V:GCX)(OTCQB:GCXXF) has launched its 2024 drill campaign at the Carmacks copper-gold-silver project in Yukon, Canada. The program includes 1,800 meters of core drilling targeting new areas adjacent to existing high-grade, pit-constrained resources. Key focus areas include the Gap, Sourtoe, and Zone 4 targets. The Gap Target, lying between 147 and 2000 S zones, shows promising geophysical results with an Induced Polarization (IP) response nearly double that of the 147 Zone.
The Carmacks Project contains 824 Mlbs Measured and Indicated and 29 Mlbs Inferred copper equivalent within a high-grade resource of 36.2 million tonnes grading 1.07% CuEq. Recent work at Kemetco Research demonstrated improved recoveries, aligning with the 2022 Preliminary Economic Assessment's recommendations for increasing the project's Net Present Value (NPV).
Granite Creek Copper announces its 2024 exploration program for the Carmacks copper-gold project in Yukon, Canada. The 2024 field program involves up to 1800 meters of diamond drilling focused on new targets, including the Gap, Sour Toe, and Zone 1213 targets, refined by IP surveys, trenching, and soil sampling. The project spans 177 sq km and contains 824 Mlbs Measured and Indicated and 29 Mlbs Inferred copper equivalent metal. Additionally, the company seeks to extend the expiry date of certain warrants and has granted 1.29 million stock options to its team.
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