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.
Granite Creek Copper Corp. (GCXXF) provides investors with centralized access to official news and developments across its North American mineral exploration projects. This resource delivers timely updates on copper, gold, and critical minerals discoveries alongside strategic initiatives in emerging areas like geologic hydrogen research.
Key updates include drilling results from the Carmacks copper project, regulatory milestones, and partnerships with research institutions. Users will find press releases detailing resource estimates, exploration methodologies using IP surveys, and corporate developments such as financing rounds or asset acquisitions.
The page serves as a definitive source for tracking the company’s progress in mineral resource development and technological innovation. Content categories include project updates from Yukon and Alaska operations, financial disclosures, and research collaborations advancing carbon sequestration techniques.
Bookmark this page to stay informed about Granite Creek Copper’s exploration achievements and strategic positioning within the critical minerals sector. Check regularly for new releases containing verified data from drilling campaigns and technical reports prepared under NI 43-101 standards.
Granite Creek Copper has contracted Sedgman and Mining Plus to optimize trade-off studies for its Carmacks project. These analyses will lead to a revised economic assessment following a 10,000-meter drill program currently underway. The focus will be on the Oxide and Sulphide Zones, examining mining scenarios and ore sorting options to enhance project fundamentals. The studies aim to deliver actionable insights for future exploration, with results expected in approximately 8 weeks. President Tim Johnson emphasizes the potential for significant improvements amid rising copper prices.
Granite Creek Copper Ltd. (OTCQB:GCXXF) announced the mobilization of two drill rigs to its Carmacks copper-gold-silver project in Yukon, Canada, commencing a 2021 drill campaign. The plan includes up to 10,000 meters of drilling aimed at upgrading inferred resources to indicated and exploring new resource areas. The 2020 drill program reported significant intercepts, including 127 meters of 0.85% Copper Equivalent. The company aims to expand its resources, with the current estimate at 446 million pounds Cu and potential for a multi-billion-pound copper system.
Granite Creek Copper Ltd. (GCXXF) has partnered with GoldSpot Discoveries Corp. to enhance exploration at its Carmacks and Carmacks North project in Canada's Yukon Territory. This collaboration will utilize GoldSpot's AI technology to optimize geological data analysis, targeting a drill campaign set to begin in May 2021. The company recently completed a private placement issuing 5,000,000 flow-through shares at $0.28 each, raising capital for exploration activities. Granite Creek is focused on advancing its projects in the high-grade Minto copper district, emphasizing potential new discoveries.
Granite Creek Copper Ltd. has announced its uplisting to the OTCQB Venture Market under the symbol GCXXF, effective March 16, 2021. This upgrade from the OTC Pink Sheets aims to enhance liquidity and attract U.S. investors. By meeting the OTCQB's stricter requirements, the company benefits from Blue-Sky exemptions, potentially increasing trading volumes. President & CEO Tim Johnson highlighted the timing with the strong copper market, positioning Granite Creek favorably for new investments in its Carmacks and Carmacks North projects in Yukon.
Granite Creek Copper Ltd. (TSXV:GCX)(OTCQB:GCXXF) announced the completion of private placement offerings, raising $5,210,300. This was achieved through the issuance of 5 million flow-through units at $0.28 each and 10.05 million non-flow-through units at $0.20. The funds will support an aggressive exploration program at the Carmacks project, with drilling anticipated to exceed 8,000 meters. The company also granted 850,000 stock options to directors and officers at an exercise price of $0.22 per share.
Granite Creek Copper Ltd. has announced an increase in its non-brokered private placement financing to up to CAD$5,200,000 due to strong demand. The offering includes up to 10 million units at $0.20 per unit, up to 8.18 million flow-through common shares at $0.22, and up to 5 million flow-through units at $0.28. Proceeds will support exploration at the Carmacks Copper-Gold Project and general working capital. The financing is subject to TSX Venture Exchange approval, with closing expected around March 16.
Granite Creek Copper Ltd. (GCXXF) has announced a private placement financing of up to CAD$4.33 million. The financing will consist of 19 million common shares and 6.25 million warrants. The offering includes three components: 7.5 million units at CAD$0.20 per unit, 6.5 million flow-through shares at CAD$0.22, and 5 million flow-through units at CAD$0.28. Proceeds will fund exploration at the Carmacks/Carmacks North Copper-Gold Project in the Yukon and general working capital. Closing is subject to regulatory approvals.
Granite Creek Copper announces complete assay results from its 2020 exploration program at the Carmacks copper-gold project in Yukon Territory. The program included 1,067 meters of diamond drilling across five holes, revealing significant findings such as 127 meters of continuous copper mineralization in CRM20-001, grading 0.85% copper equivalent. Additional highlights include high-grade oxide mineralization in Carmacks North Zone A and a potential for molybdenum to enhance metal value. President Tim Johnson expressed optimism for future exploration in 2021.
Granite Creek Copper Ltd. (GCXXF) announced that its shares will resume trading on December 2 after an erroneous delisting caused by a technical issue at the Toronto Stock Exchange. The company confirmed no new material events occurred. Additionally, Granite Creek recently completed the acquisition of Copper North Mining, combining resources to create a new copper-focused exploration company with high development potential. Copper North shares have been delisted and converted to Granite Creek shares at a 2.5:1 ratio. A live webinar discussing the company's developments is scheduled for December 3.
Granite Creek Copper Ltd. (GCXXF) has updated its fall drill program and released a new corporate presentation. Following the acquisition of Copper North, the Carmacks and Stu projects are now combined as Carmacks North. The drill program, which included 1,067 meters across five holes, confirmed significant copper mineralization across all drill sites. The company aims to expand resources and assess potential new discoveries. A live webinar is scheduled for December 3, 2020, where CEO Tim Johnson will discuss further developments.
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