Granite Creek Announces Program on Darsalam Concession
18 4월 2014 - 5:50AM
Marketwired
Granite Creek Announces Program on Darsalam Concession
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 17, 2014) -
Granite Creek Gold Ltd. (the "Company") (TSX-VENTURE:GCX) is
pleased to announce that a crew has been assembled to complete
initial geological work on the Company's Darsalam Project located
in western Mali. The program will consist of a limited geochemical
survey, geological mapping and sampling and mapping of hand pits
dug by local artisanal miners. The Company has received and is
reviewing historical data on the project and the program will be
designed to confirm trends identified in the data and to resolve
targets for a follow-up drill program.
The existence and extent of artisanal workings is seen as an
important indicator of the potential for an area to host economic
gold deposits in Mali. Extensive workings have been known to expose
important geological structures and have become a key tool of
exploration companies.
The program will commence upon the Company receiving TSX Venture
approval for the closing of the private placement announced March
3, 2014.
About Granite Creek Gold
Granite Creek is a Vancouver based exploration company in the
business of acquiring and carrying out exploration on mineral
properties, especially those with precious metals potential, with
the goal of establishing a mineable mineral resource. Granite
Creek's Canadian projects consist of the gold/copper/molybdenum
Taseko Property, 225 km north of Vancouver, BC, on which it has an
option to acquire a 70% interest; the 100% owned 654 ha Railway
Property, a copper project in the highly prospective Stikine arch
area of northwestern BC; and the 5611 ha Troitsa Property, a
copper/molybdenum/gold/silver property located in central BC, on
which it has an option to acquire a 100% interest. The Company also
has an option to acquire a 100% interest in the 75 sq km Darsalam
gold concession in Mali, West Africa.
This news release includes certain forward-looking statements or
information. All statements other than statements of historical
fact included in this release, including, without limitation,
statements relating to regulatory approvals, exploration programs,
and other future plans, objectives or expectations of the Company
are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could
differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ
materially from the Company's plans or expectations include the
Company's ability to obtain regulatory approval and to complete its
exploration programs on schedule and other risks detailed herein
and from time to time in the filings made by the Company with
securities regulators. The Company expressly disclaims any
intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or
otherwise except as otherwise required by applicable securities
legislation.
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.
Granite Creek Gold Ltd.Timothy
JohnsonPresident604-569-2430info@granitecreekgold.comwww.granitecreekgold.com
Granite Creek Copper (TSXV:GCX)
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