GRANITE CREEK COPPER LTD - GCXXF STOCK NEWS

Granite Creek Copper Ltd. (TSX.V:GCX)(OTCQB:GCXXF) announces the first assay results from Phase 1 of its 2021 drilling program at the Carmacks project, involving 19 diamond drill holes over 6,355 meters. The program aims to upgrade the sulphide resources and evaluate mineralization continuity. CEO Tim Johnson highlighted plans for a Phase 3 drilling initiative, expanding total drilling to 10,000 meters and 3,000 meters of reverse circulation drilling. Successful assays could enhance the project's mineral resource estimate and form the basis for a new Preliminary Economic Assessment.

Granite Creek Copper (OTCQB: GCXXF), based in Vancouver, Canada, is set to present live at VirtualInvestorConferences.com on July 29 at 1:30 PM ET. This event allows investors to engage and ask questions in real-time. A recording will be available afterward for those who cannot attend. The company is currently conducting a drilling program of approximately 13,000 meters, with assay results expected in Q3 and Q4. An updated 43-101 resource estimate and economic study are targeted for release in Q4 and early Q1 2022, respectively.

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.