Granite Creek, Proven and Probable

GRANITE CREEK COPPER Appoints Mathew Lee as Chief Financial Officer

VANCOUVER, British Columbia, Feb. 01, 2019 (GLOBE NEWSWIRE) — Granite Creek Copper Ltd. (GCX.V(“Granite Creek” or the “Company”) announces the appointment of Mr. Mathew Lee to the role of Chief Financial Officer (“CFO”), effective immediately.

Mr. Lee is a Chartered Accountant with a Bachelor of Commerce Degree from the University of British Columbia and is a member of the Chartered Professional Accountants of British Columbia. Mr. Lee brings broad depth of financial experience in both public and private company operations across various sectors, including mineral resources and financial services. Mr. Lee replaces Mr. Michael Rowley who has stepped down from his role as CFO for Granite Creek in order to concentrate on his responsibilities as President and CEO of fellow Metallic Group company, Group Ten Metals. Mr. Rowley will continue as a Director of Granite Creek.

Mr. Timothy Johnson, President and CEO, stated, “We are very pleased to have Mr. Lee join Granite Creek and to take another positive step forward in developing our corporate team. The Company anticipates release of substantive, project-related updates over the coming weeks and sustained news flow with respect to the Stu Copper project and operational fundamentals.”

Granite Creek further announces it has granted 2,900,000 incentive stock options (the “Options”) to Directors, Officers, employees and consultants of the Company. The Options are exercisable for up to five years, expiring on February 1, 2024, and each Option will allow the holder to purchase one common share of the Company at a price of $0.15 per share, being the closing price of the previous trading day.

About Granite Creek Copper

Granite Creek is a newly-launched copper-focused exploration company. The Company’s flagship project is the 111 square kilometer Stu Copper project located in the Yukon’s Carmacks copper district, 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 project 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 copper, silver, and platinum/palladium producers. Member companies include Granite Creek Copper (GCX.V) in the Yukon’s Carmacks copper district, Metallic Minerals (MMG.V) in the Yukon’s Keno Hill Silver District, and Group Ten Metals (PGE.V) in the Stillwater PGM-Ni-Cu district of Montana. Highly experienced management and technical teams at the Metallic Group have expertise across the spectrum of resource exploration and project development from initial discoveries to advanced development, including strong project finance and capital markets experience and have demonstrated a commitment to community engagement and environmental best practices. 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.

FOR FURTHER INFORMATION PLEASE CONTACT:

Timothy Johnson, President
Telephone:  1 (604) 235-1982E-mail: info@gcxcopper.com
Toll Free:  1 (888) 361-3494Website: www.gcxcopper.com
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.

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