Company Updates From Management – Fri 7 May, 2021

Granite Creek Copper – Kicking off the 10,000 meter exploration program to expand resources at the Carmacks Copper-Gold-Silver Project in Yukon

Tim Johnson, President and CEO of Granite Creek Copper Ltd (TSX.V:GCX – OTCQB:GCXXF) joins me to update us on the 10,000 meter drill program that just kicked off at the Carmacks copper-gold-silver project in Yukon, Canada. The goal of this exploration program is to expand the resources and extend the potential of the mine life for upcoming economic studies. The company has also partnered with GoldSpot Discoveries to apply its AI exploration technologies to the large historic data sets they have compiled, which will generate new targets for future drill programs.

If you have any follow up questions for Tim then please email me at fleck@kereport.com.

Click here to visit the Granite Creek Copper website for a summary of the recent news.


Comments:
  1. On May 7, 2021 at 11:10 am,
    irishtony says:
    • On May 7, 2021 at 11:24 am,
      Excelsior says:

      Yes, it is encouraging to see Gold & Silver ratcheting up higher and continuing to break upwards.

      Gold futures prices up to $1833

      Silver futures prices up to $27.54

      **Dr Copper continues to put on his dancing shoes up to $4.74 and continued to break to new all time highs almost ever day the last 2 weeks, since it eclipsed the 2011 prior high at $4.47.

      https://www.investing.com/commodities/real-time-futures

      • On May 8, 2021 at 9:24 am,
        Excelsior says:

        Copper Explorer (Granite Creek Copper) to Commence 2021 Drilling at Yukon Project

        Streetwise Reports – (5/7/21)

        https://www.streetwisereports.com/article/2021/05/07/copper-explorer-to-commence-2021-drilling-at-yukon-project.html

        • On May 8, 2021 at 9:37 am,
          Excelsior says:

          How the Green Economy Will Be a Gold Mine for Copper

          Barron’s – Andrew Bary – May 8, 2021

          “Copper, a linchpin of the old energy economy, will play a crucial role in the new green one, too. Cables made of the metal are still the most cost-effective means of transmitting electricity from solar and wind sources, and it is a key material in charging stations and the electric vehicles that use them. Indeed, Goldman Sachs analysts say, there is “no decarbonization without copper,” which they call “the new oil.”

          “Supplies, already tight as the global economy recovers, could be further strained by a predicted fivefold rise in green energy demand in the current decade, leading to significant shortages, starting in the mid-2020s, according to a report by Goldman commodity analyst Nicholas Snowdon. He sees copper, now around $4.50 a pound, hitting $6.80 by 2025. Bank of America commodity strategist Michael Widmer thinks the price could hit $6 this year.”

          “Shares of copper producers, up sharply in the past year as the metal’s price has doubled from a post-Covid low, still have room to advance.”

          https://www.barrons.com/articles/green-economy-will-be-a-gold-mine-for-copper-51620424287

    • On May 7, 2021 at 1:07 pm,
      Excelsior says:

      Speaking of Sprott – here their weekly wrap with Craig Hemke and David Morgan.

      Sprott Money News Weekly Wrap-up – 5.7.21

      “Renowned silver expert David Morgan joins us to discuss silver, the true supply level of above ground silver and his views on the silver mining companies.”

      https://youtu.be/9R_StMmZZh8

  2. On May 7, 2021 at 1:09 pm,
    Excelsior says:

    What Nobody Knows About Gold – Brien Lundin

    I Love Prosperity w/ Jake Ducey – May 5, 2021

    “Brien discusses the price of Gold, Silver and what nobody knows about gold, silver and mining stocks.”

    https://youtu.be/dw1rCvyV2Yo