Granite Creek Copper and Copper North Mining Corp. enter into Data-Sharing Agreement

Granite Creek Copper Ltd. (TSXV:GCX) (“Granite Creek”) and Copper North Mining Corp. (TSXV:COL) (“Copper North”) (the “Companies”) are pleased to announce they have entered into a comprehensive data-sharing agreement (the “Agreement”), with respect to existing mineral exploration data on the companies’ adjoining mineral claims in the Carmacks Copper District of Canada’s Yukon Territory.
Granite Creek Copper Ltd. (TSXV:GCX) (“Granite Creek”) and Copper North Mining Corp. (TSXV:COL) (“Copper North”) (the “Companies”) are pleased to announce they have entered into a comprehensive data-sharing agreement (the “Agreement”), with respect to existing mineral exploration data on the companies’ adjoining mineral claims in the Carmacks Copper District of Canada’s Yukon Territory.
Granite Creek and Copper North (the “Parties”) control the Stu Cu-Au-Ag project and Carmacks Cu-Au-Ag project, respectively and are, therefore, in possession of detailed information relating to the properties, some of which may be of a confidential nature. The Parties have agreed to provide such information to each other for the purposes of gaining a greater understanding of the geologic nature of their respective projects as well as the potential for economic mineral deposits in Carmacks Copper District as a whole.
Granite Creek President & CEO, Tim Johnson, stated, “We are very pleased to have entered into this important and mutually-beneficial agreement with Copper North. The company feels that a cooperative approach to exploration and development within the Carmacks Copper District is the best way to advance projects and add shareholder value. The long history of exploration on the Carmacks Cu-Au-Ag project and the extensive database developed with respect to exploration methods, mineralization, geology and deposit characteristics will be invaluable to Granite Creek and enable us to fast-track our own exploration efforts. Together with the recently acquired historic database on the Stu project, this data will allow us to build a solid geological model and enable rapid identification of priority exploration and drill target areas.
Copper North President and CEO, Doug Ramsey, stated “We have been very successful in growing our Carmacks Project mineral resource over the past few years based on known areas of mineralization. Our future exploration programs on the property will greatly benefit from the expanded understanding of mineralization, geology, and deposit characteristics in the Carmacks Copper District made possible through this data sharing agreement.”
About Granite Creek Copper
Granite Creek is a Canadian copper-focused exploration company focused on the 100%-owned Stu Copper-Gold project located in the Yukon’s Carmacks Copper District which covers 111 square kilometres adjacent to Capstone Mining’s high-grade Minto Cu-Au-Ag Mine and Copper North’s advanced stage Carmacks Cu-Au-Ag project. More information about the company and the Stu Copper property can be viewed on the Company’s website at www.gcxcopper.com.
About Copper North Mining
Copper North Mining Corp. is a Canadian mining exploration and development company focused on transforming the 100%-owned advanced-stage and high grade Carmacks Cu-Au-Ag project into a low-cost copper and precious metals producer. Learn more about the company and our Carmacks Project at www.coppernorthmining.com.
About the Carmacks Copper District
The Carmacks Copper District is a 180 km long by 60 km wide belt of intrusion hosted Cu-Au-Ag deposits in the Dawson Range. The District is host to Capstone’s formally producing Minto Mine currently on care and maintenance and to Copper North’s advanced-stage Carmacks Copper Project with 2016 PEA. Granite Creek’s Stu Project lies between these projects with, copper mineralization contained in foliated to gneissic granodiorite, similar to the Minto mine & the Carmacks Copper deposit.
FOR FURTHER INFORMATION PLEASE CONTACT:
Granite Creek Copper Timothy Johnson, President 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 | Copper North Mining Corp. Doug Ramsey, President and CEO Telephone: 1 (604) 398-3452 Toll Free: 1 (844) 401-2644 E-mail: info@coppernorthmining.com Website: www.coppernorthmining.com |
Source: www.coppernorthmining.com
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1827.54 | +0.47 | |
Silver | 21.15 | +0.03 | |
Copper | 3.74 | 0.00 | |
Palladium | 1879.51 | +6.50 | |
Platinum | 911.26 | +4.32 | |
Oil | 107.06 | +2.79 | |
Heating Oil | 4.24 | +0.02 | |
Natural Gas | 6.17 | -0.07 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.