Vancouver, B.C., Granite Creek Copper Ltd. (TSX.V: GCX | US OTC: GCXXF) (“Granite Creek” or the “Company”) is pleased to provide full details on the recent Board of Directors and Advisory Board appointments of industry veterans recognized for their significant, collective accomplishments in mine development and operations, processing expertise, and track record of international discoveries. Upon closing of the acquisition of Copper North announced November 27, 2020, John Cumming and Loy Chunpongtong were appointed as directors of Granite Creek, and Greg Johnson, Dwayne McInnis and Robert Macdonald have joined Granite Creek’s Advisory Board.
The Company further announces it has initiated the process for uplisting its common shares to the OTCQB® Venture Market from the Pink® Open Market. The OTCQB Venture Market, operated by OTC Markets Group Inc. in New York, USA, is a premier market for entrepreneurial and development stage U.S. and international companies that are committed to providing high-quality trading and improved market visibility for U.S. investors to build liquidity and trading volumes. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process.
OTC Metals & Mining Investor Conference – December 9th 09:00 PST / 12:00 EST
Granite Creek will be presenting at the upcoming virtual Metals & Mining conference, along with some of the most prominent names in the industry.
Board of Directors
John Cumming – Independent Director
Mr. Cumming holds Bachelor of Arts and Bachelor of Laws degrees from the University of British Columbia and a Master of Laws degree with specialty in corporate and commercial law from King’s College, University of London. Mr. Cumming has served as a director and officer of numerous public resource corporations since beginning his legal career in 1978. From 2005 to February 2017 Mr. Cumming served as Executive Vice-President and CFO of Merrex Gold Inc., a company that was active in the West African gold space for over 12 years. In 2008 Mr. Cumming negotiated the Merrex-IAMGOLD exploration Joint Venture deal which in 2014 discovered the Diakha gold deposit in West Mali. In December 2016 Mr. Cumming lead both the Merrex negotiating team and the transaction legal team that successfully negotiated and concluded the sale of Merrex to IAMGOLD Corporation in a $43 million share takeover deal that closed in 2017.
Loy Chunpongtong – Independent Director
Mr. Chunpongtong is a mining engineer with 25 years of experience in mine planning-scheduling, pit optimization, pit design, ore-grade control planning, and advanced geo-statistical modelling. He is a Registered Professional Engineer (Alberta) and holds a bachelor’s degree in mine engineering and a master’s degree in economics, both from Chulalongkorn University in Thailand. Loy is the Surface Mining Society Peer Review Chair for the CIM Journal and is an Executive Officer of the CIM Surface Mining Society.
Technical Advisory Board
Mr. Gregory Johnson has 30 years of experience in the mining industry with a record of success in exploration, development and financing of large-scale base and precious metals projects from discovery stage through advanced economic assessment. In addition to his expertise in the exploration for platinum group elements, gold, silver, nickel and copper, Mr. Johnson has developed broad experience in the capital markets and has been involved in raising over $650-million in project financing for his companies, as well as building their shareholder bases and securing the participation of major institutional investors.
He began his career with Placer Dome Inc. (now Barrick Gold Corp.) where he held various senior roles in domestic and international exploration. One of the founders of NovaGold Resources, Mr. Johnson was a co-recipient of the PDAC’s Thayer Lindsay International Discovery Award for his role in the discovery and advancement of the 40-million-ounce Donlin Creek gold deposit in Alaska. As President and CEO of South American Silver and Wellgreen Platinum, Mr. Johnson led the significant expansion and advancement of several major precious and base metal deposits. He currently serves as Chairman and CEO of Metallic Minerals Corp. and Executive Chairman of Group Ten Metals.
Mr. Johnson has also been recognized for his work in sustainable development and community engagement and was awarded the Robert E. Leckie Award by the Yukon government for excellence in environmental stewardship. Mr. Johnson holds a BSc Honors in Geology from Western Washington University.
Robert W.J. Macdonald
Mr. Macdonald is the Vice-President of Geological Services for the Manex Resource Group of Companies and in such capacity has been the Vice-President Exploration for several publicly-listed companies including Southern Silver Exploration Corporation, Equity Metals Corporation and Homestake Resource Corporation as well as Exploration Manager for a number of other exploration companies. Mr. Macdonald has overseen the exploration of many projects throughout North America including the discovery and delineation of the high-grade 1.2 million-ounce Homestake Ridge Au-Ag deposit in northern British Columbia and the advancement of Southern Silver’s Cerro Las Minitas Ag-Pb-Zn project, Durango State, Mexico. Mr. Macdonald graduated with a B.Sc. (Hons) from Memorial University of Newfoundland in 1990 and earned an MSc. from the University of British Columbia in 1999. Over his career in geosciences, Mr. Macdonald’s work has focused on vein and intrusion-related gold systems, VMS and Skarn/CRD environments. Prior to joining Manex Group, Mr. Macdonald worked as a geologist with the British Columbia Geological Survey and Teck Exploration on projects in Alaska, Peru and British Columbia.
Mr. McInnis is an entrepreneur with 20 years of experience in the mineral exploration sector with a focus on community involvement. He was involved in the creation of two joint venture companies, Tahltan Northern Exploration Services and Tahltan Drilling Services, which provided exploration services to clients in Tahltan traditional territory and has assisted exploration companies in securing access agreements throughout British Columbia. Prior to his involvement in mineral exploration he served as an Environmental Manager in the forest industry.
Tim Johnson, President and CEO commented: “We are very pleased to announce these additions to the Board of Directors and our Technical Advisory Board at this time of rapid development of the Company. The extensive and complementary industry experience in mine development and financing, mineral processing, and regional exploration that these individuals bring to the Company builds on the already strong backgrounds of the existing leadership team. Granite Creek is well-positioned for the next exciting steps forward as we continue to advance our high-grade Carmacks copper-gold-silver project in Canada against a background of extremely strong copper fundamentals.”
About Granite Creek Copper
Granite Creek, a member of the Metallic Group of Companies, is a Canadian exploration company focused on the Yukon’s Minto copper district where it holds the Carmacks and Carmacks North project. This combined 176-square-kilometer property is on trend with Pembridge Resources’ high-grade Minto copper-gold mine to the north and features excellent access to infrastructure with the nearby paved Yukon Highway 2, along with grid power within 12 km. More information about Granite Creek Copper can be viewed on the Company’s website at www.gcxcopper.com.
About the Metallic Group of Companies
The Metallic Group is a collaboration of leading precious and base metals exploration companies, with a portfolio of large, brownfields assets in established mining districts adjacent to some of the industry’s highest-grade producers of platinum & palladium, silver and copper. Member companies include Granite Creek Copper in the Yukon’s Minto copper district, Metallic Minerals in the Yukon’s Keno Hill silver district and Group Ten Metals in the Stillwater PGM-Ni-Cu district of Montana. The founders and team members of the Metallic Group include highly successful explorationists formerly with some of the industry’s leading explorer/developers and major producers and are undertaking a systematic approach to exploration using new models and technologies to facilitate discoveries in these proven historic mining districts. The Metallic Group is headquartered in Vancouver, BC, Canada and its member companies are listed on the Toronto Venture, US OTC, and Frankfurt stock exchanges.
FOR FURTHER INFORMATION PLEASE CONTACT:
Timothy Johnson, President & CEO
Telephone: 1 (604) 235-1982
Toll Free: 1 (888) 361-3494
Metallic Group: www.metallicgroup.ca
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.