Granite Creek Copper Announces Participation in Ultramafic Technology Development Project Targeting the Star Property
Granite Creek Copper (TSXV:GCX)(OTCQB:GCXXF) has announced its participation in a new technology development project focused on ultramafic rocks for nickel extraction and carbon sequestration. The project, led by Kemetco Research, will utilize material from the company's 100%-owned Star Ni-Cu-PGE project in central British Columbia.
The initiative, titled 'Development of Extraction and Carbonation Technology for Ultramafic Rocks,' will concentrate on laboratory and pilot-scale development work. The technology aims to enhance metal extraction while achieving high levels of carbon sequestration through the carbonation of magnesium minerals. The Star project's geology has been identified as suitable for this technology application, with potential for nickel, copper, cobalt, platinum group metals, carbon sequestration, and geologic hydrogen production.
Granite Creek Copper (TSXV:GCX)(OTCQB:GCXXF) ha annunciato la sua partecipazione a un nuovo progetto di sviluppo tecnologico focalizzato sulle rocce ultramafiche per l'estrazione del nichel e la cattura del carbonio. Il progetto, guidato da Kemetco Research, utilizzerà materiale dal progetto Star Ni-Cu-PGE, di proprietà al 100% dell'azienda, situato nella Columbia Britannica centrale.
L'iniziativa, intitolata 'Sviluppo della Tecnologie di Estrazione e Carbonazione per Rocce Ultramafiche', si concentrerà su lavori di sviluppo in laboratorio e su scala pilota. La tecnologia mira a migliorare l'estrazione dei metalli, ottenendo alti livelli di cattura del carbonio attraverso la carbonazione dei minerali di magnesio. La geologia del progetto Star è stata identificata come adatta a questa applicazione tecnologica, con potenziale per nichel, rame, cobalto, metalli del gruppo del platino, cattura del carbonio e produzione di idrogeno geologico.
Granite Creek Copper (TSXV:GCX)(OTCQB:GCXXF) ha anunciado su participación en un nuevo proyecto de desarrollo tecnológico enfocado en rocas ultramáficas para la extracción de níquel y la captura de carbono. El proyecto, liderado por Kemetco Research, utilizará material del proyecto Star Ni-Cu-PGE, propiedad al 100% de la empresa, ubicado en la Columbia Británica central.
La iniciativa, titulada 'Desarrollo de Tecnología de Extracción y Carbonatación para Rocas Ultramáficas', se concentrará en trabajos de desarrollo en laboratorio y en escala piloto. La tecnología tiene como objetivo mejorar la extracción de metales al mismo tiempo que logra altos niveles de captura de carbono a través de la carbonatación de minerales de magnesio. La geología del proyecto Star ha sido identificada como adecuada para la aplicación de esta tecnología, con potencial para níquel, cobre, cobalto, metales del grupo del platino, captura de carbono y producción de hidrógeno geológico.
Granite Creek Copper (TSXV:GCX)(OTCQB:GCXXF)은 니켈 추출 및 탄소 포집을 위한 초마피크 암석에 초점을 맞춘 새로운 기술 개발 프로젝트에 참여한다고 발표했습니다. Kemetco Research가 주도하는 이 프로젝트는 회사가 100% 소유한 Star Ni-Cu-PGE 프로젝트에서 얻은 자료를 활용할 것입니다.
'초마피크 암석에 대한 추출 및 탄산화 기술 개발'이라는 제목의 이 이니셔티브는 실험실 및 파일럿 규모 개발 작업에 집중합니다. 이 기술은 마그네슘 광물의 탄산화를 통해 높은 수준의 탄소 포집을 달성하면서 금속 추출을 개선하는 것을 목표로 합니다. Star 프로젝트의 지질은 이 기술 적용에 적합한 것으로 확인되었으며, 니켈, 구리, 코발트, 백금 그룹 금속, 탄소 포집 및 지질 수소 생산의 가능성이 있습니다.
Granite Creek Copper (TSXV:GCX)(OTCQB:GCXXF) a annoncé sa participation à un nouveau projet de développement technologique axé sur les roches ultramafiques pour l'extraction de nickel et la séquestration du carbone. Le projet, dirigé par Kemetco Research, utilisera des matériaux provenant du projet Star Ni-Cu-PGE entièrement détenu par l'entreprise, situé au centre de la Colombie-Britannique.
L'initiative, intitulée 'Développement de technologie d'extraction et de carbonatation pour les roches ultramafiques', se concentrera sur les travaux de développement en laboratoire et à l'échelle pilote. La technologie vise à améliorer l'extraction des métaux tout en atteignant des niveaux élevés de séquestration du carbone grâce à la carbonatation des minéraux de magnésium. La géologie du projet Star a été identifiée comme appropriée pour cette application technologique, avec un potentiel pour le nickel, le cuivre, le cobalt, les métaux du groupe du platine, la séquestration du carbone et la production d'hydrogène géologique.
Granite Creek Copper (TSXV:GCX)(OTCQB:GCXXF) hat seine Teilnahme an einem neuen technologieentwickelnden Projekt bekannt gegeben, das sich auf ultramafische Gesteine für die Nickelgewinnung und Kohlenstoffspeicherung konzentriert. Das Projekt, geleitet von Kemetco Research, wird Material aus dem Star Ni-Cu-PGE-Projekt verwenden, das sich im zentralen British Columbia befindet und zu 100% im Besitz des Unternehmens ist.
Die Initiative mit dem Titel 'Entwicklung von Technologien zur Extraktion und Carbonatisierung ultramafischer Gesteine' wird sich auf Labor- und Pilotprojekten konzentrieren. Die Technologie zielt darauf ab, die Metallgewinnung zu verbessern und gleichzeitig hohe Werte der Kohlenstoffspeicherung durch die Carbonatisierung von Magnesiummineralien zu erreichen. Die Geologie des Star-Projekts wurde als geeignet für diese Technologieanwendung identifiziert, mit Potenzial für Nickel, Kupfer, Kobalt, Platingruppenmetalle, Kohlenstoffspeicherung und geologische Wasserstoffproduktion.
- Project has potential for multiple revenue streams (nickel, copper, cobalt, PGE metals, carbon sequestration)
- Company owns 100% of the Star project
- Technology development could enhance economic potential of the project
- Technology is still in development phase with no proven commercial success
- Project requires further laboratory and pilot-scale testing
VANCOUVER, BC / ACCESS Newswire / February 5, 2025 / Granite Creek Copper Ltd. (TSXV:GCX)(OTCQB:GCXXF) ("Granite Creek" or the "Company") is pleased to announce its participation in a new technology development project designed to target ultramafic rocks prospective for nickel and other critical minerals to enhance the economic potential of permanent carbon sequestration. The Company will supply material from its
The technology development project, entitled, "Development of Extraction and Carbonation Technology for Ultramafic Rocks", is being led by Kemetco Research Inc. ("Kemetco"). The project will primarily focus on laboratory and pilot-scale development work for the technology aimed at enhanced metal extraction with a high level of carbon sequestration through carbonation of magnesium minerals.
Tim Johnson, President & CEO stated, "The breadth of utility of ultramafic rocks continues to impress as exciting new technological advances and focus are brought to bear. Already prospective for nickel, copper, cobalt and platinum group metals the Star project can add carbon sequestration and geologic hydrogen production to the potential uses for the rocks found on site."
About the Star Property
The Star project is located 190 kilometers northeast of Smithers, BC and is within 5 kilometers of the Omineca Resource Road and powerline that served the Kemess Mine. The 2500-hectare project is underlain by ultramafic rocks that are prospective for copper, nickel, cobalt, PGMs and gold as well as carbon sequestration and geologic hydrogen production.
Corporate Update
The Company also announces the departure of Chris Ackerman as VP Corporate Development. Mr. Ackerman has been a key member of the Granite Creek team since its original membership within the Metallic Group of Companies in 2019. The Company would like to thank Chris for his tireless dedication through difficult market conditions and wishes him the best in his future endeavors
About Granite Creek Copper
Granite Creek Copper is a focused on the exploration and development of critical minerals projects in North America and more recently on geologic hydrogen. The Company's projects consist of its flagship 177 square kilometer Carmacks project in the Minto copper district of Canada's Yukon Territory on trend with the formerly operating, high-grade Minto copper-gold mine and the advanced stage LS molybdenum project and the Star copper-nickel-PGM plus geological hydrogen project, both located in central British Columbia. Recent acquisitions include the Union Bay geologic hydrogen project as well as entering into a letter of intent to acquire the Duke Island ultramafic project for it's geologic hydrogen potential, both projects located in the state of Alaska. Granite Creek's goal is to be among the companies with first mover advantage in geologic hydrogen exploration by leveraging the considerable geological knowledge available to the company through its existing employee and consultant base plus the addition of key consultants with extensive knowledge in the field. More information about Granite Creek Copper can be viewed on the Company's website at www.gcxcopper.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Timothy Johnson, President & CEO
Telephone: 1 (604) 235-1982
Toll Free: 1 (888) 361-3494
E-mail: info@gcxcopper.com
Website: www.gcxcopper.com
Metallic Group: www.metallicgroup.ca
Qualified Person
Mr. Douglas Warkentin, P.Eng., a qualified person for the purposes of National Instrument 43-101, has reviewed and approved the technical information contained in this news release. Mr. Warkentin is a Senior Metallurgist with Kemetco Research and an advisor to the Company.
Forward-Looking Statements
Forward-Looking Statements: This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts including, without limitation, statements regarding potential mineralization, historic production, estimation of mineral resources, the realization of mineral resource estimates, interpretation of prior exploration and potential exploration results, the timing and success of exploration activities generally, the timing and results of future resource estimates, permitting time lines, metal prices and currency exchange rates, availability of capital, government regulation of exploration operations, environmental risks, reclamation, title, and future plans and objectives of the company are forward-looking statements that involve various risks and uncertainties. Although Granite Creek Copper believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and development of mines is an inherently risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. For more information on Granite Creek Copper and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Granite Creek Copper Ltd.
View the original press release on ACCESS Newswire
FAQ
What is the new technology development project announced by Granite Creek Copper (GCXXF)?
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