• TSX-V: GCX | US OTC: GCXXF 

Stu Copper Project


HIGHLIGHTS:

  • Acquisition of brownfields project covering 115 square kilometres within the Yukon’s high-grade Minto Copper District completed in Q1 2019
  • Large historic database including drilling, trenching, geophysics and geochemical sampling
  • Project located between Pembridge Resources' Minto Cu-Au-Ag Mine to the north and Copper North’s Carmacks Cu-Au project to the south
  • Multiple drill-ready exploration areas with two at step-out drilling stage from initial discovery and six large scale, early-stage exploration targets
  • Close to infrastructure including grid power, all-season roads and international highways leading to existing deep-sea ports equipped for concentrate shipping and handling
  • Mining-friendly jurisdiction with a long history of exploration / mine development 

HIGHLIGHTS:

  • Acquisition of brownfields project covering 115 square kilometres within the Yukon’s high-grade Minto Copper District completed in Q1 2019
  • Large historic database including drilling, trenching, geophysics and geochemical sampling
  • Project located between Pembridge Resources' Minto Cu-Au-Ag Mine to the north and Copper North’s Carmacks Cu-Au project to the south
  • Multiple drill-ready exploration areas with two at step-out drilling stage from initial discovery and six large scale, early-stage exploration targets
  • Close to infrastructure including grid power, all-season roads and international highways leading to existing deep-sea ports equipped for concentrate shipping and handling
  • Mining-friendly jurisdiction with a long history of exploration / mine development 

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OVERVIEW:

Granite Creek holds a 100% interest in the 115 square kilometre Stu Copper-Gold Project located in the Minto Copper District of Canada’s Yukon Territory.

The Stu property is located approximately 47 km directly northeast of Carmacks, Yukon and 210 km directly northwest of Whitehorse, the capital of the Yukon Territory. The property, which consists of 541 contiguous claims covering approximately 7638 hectares, is on-trend with Pembridge Resources’ high-grade Minto copper mine to the north and directly adjacent to Copper North’s Carmacks Project to the south. Vehicle access to the Stu Project is along gravel and dirt road and trails from the village of Carmacks, which is a 1.75-hour drive along paved public highways from the capitol, Whitehorse.

The Stu claims were worked aggressively by United Keno Hill Mines (UKHM) in the 1970s and 80s. Some key data from these efforts has been preserved and indicates exceptional potential and strong evidence exists as to geologic continuity of the same mineralized system as hosts adjacent and proximate mining projects.

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PRIORITIES AND NEXT STEPS:

2019

  • Stu Project Acquisition
  • Acquired historic private database
  • Signed Data sharing agreement with Copper North
  • 4 Multi-kilometer target areas developed
  • Initial field programs
  • Acquired 30% interest in Copper North 

2020 YTD

  • Acquired previously unreleased data from airborne survey 

PRIORITIES FOR 2020

  • Reprocessing and interpretation of airborne survey
  • Modeling of historic drilling
  • Re logging and sampling of historic core
  • Identify and prioritize new targets
  • Investigate remote sensing surveys 

UPCOMING NEWS

  • Results of data reprocessing
  • Modeling of historic drilling
  • 2020 exploration program

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