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To: Goose94 who wrote (1539)

12/1/2013 7:26:35 PM

From: Goose94

Read Replies (1) | Respond to of 202736

Granite Creek Gold (GCX-V) grab samples up to 1.8% Cu at Troitsa

Nov 19, 2013 - News Release

Granite Creek Gold Ltd. has provided an update on the compilation of historic work and a 2013 on-site visit on the company's 5,611-hectare copper/molybdenum/gold Troitsa property in the highly prospective Huckleberry mine area of central British Columbia. The purpose of the property visit by the company's consulting geologist and qualified person, Dr. Mathias Westphal, PGeo, was to confirm geological mapping work completed by previous operators, as well as tenure of mineralization and location of sample sites. During the visit, 13 samples were taken. Several showings have been previously discovered on the property with the main zone receiving the most work, including approximately 3,750 metres of drilling in 11 holes. The main zone is centred on a copper-in-soil anomaly that has a strike length of approximately four kilometres and varies in width from 100 to 400 metres. Of the 11 holes drilled during 2011 and 2012, eight returned significant intercepts of anomalous copper (see Granite Creek Gold press release dated July 15, 2013, for more information). Mineralization at the main zone appears to be related to a series of feldspar porphyry and quartz-feldspar porphyry dikes that can be traced on surface for several hundreds of metres. The dikes range in width from one to over 20 metres.

As a result of the due diligence visit by the company and upon receipt of assays for samples taken during the visit, the company is confident in releasing results on selected grab samples from several areas of the property, completed by previous operators in 2010 and 2012, in conjunction with drilling and geophysical programs. The company has reviewed the previous sampling procedures and has confirmed that the work was completed according to standard industry procedures. The work by previous operators was completed under the supervision of a qualified person as defined by National Instrument 43-101. The attached table highlights selected historical results in addition to results on samples taken by the company's geologist.

Sample #	Showing	Width	Cu %	Mo %	Au g/t	Ag g/t	Notes
42178	JM	Grab	0.320	0.008	0.70	21.12	Historical
42179	JM	Grab	7.530	0.044	0.41	152.00	Historical
42189	JM	Grab	0.754	0.002	0.07	230.00	Historical
42190	JM	Grab	2.224	NS	0.09	23.59	Historical
42191	JM	Grab	5.240	0.063	0.424	67.80	Historical

147020	West	Grab	0.815	NS	0.405	27.50	Historical

103481	3253	Grab	0.389	NS	0.05	5.46	Historical
103482	3253	Grab	0.364	0.176	0.03	1.60	Historical
103483	3253	Grab	0.455	0.019	0.452	2.35	Historical

104545	SE	Grab	0.526	NS	NS	13.18	Historical
104546	SE	Grab	1.216	NS	0.086	6.32	Historical
194218	SE	Grab	1.804	NS	0.12	16.70	2013
194219	SE	Grab	NS	0.191	NS	2.10	2013
194221	SE	Grab	NS	0.284	0.06	2.40	2013

The JM showing is located approximately 1,000 metres east of the main zone near a contact between granodiorite and Hazelton group volcanics. The showing appears to strike parallel to subparallel to the main showing. Width of the JM showing is unknown at this time.

The 3253 showing, located approximately 1,500 metres southeast of the main zone, is centred on a soil- and talus-fines geochemical anomaly, covering an area of approximately 600 metres by 760 metres.

The SE showing lies approximately 1,000 metres southeast and along strike of the main zone. The showing is characterized by a plus-or-minus-10-metre dike that is variably mineralized. A map showing these geological features can be seen on the company's website later this week.

The review of historical data has been very constructive. Fieldwork confirmed that drilling on the main zone has only sampled a small portion of the strike extent of the zone. The spatial relationship and abundance of significant showings also indicates the potential for a robust system. The company is preparing for a sampling and drilling program for the 2014 field season.

This well-positioned project with a favourable geological setting in an established porphyry camp, which includes the Huckleberry mine, as well as the advanced-stage Seel deposit and Berg project, make this an exciting prospect for Granite Creek.

Dr. Mathias Westphal, PGeo, a qualified person as defined in NI 43-101, has reviewed, verified and approved the technical information in this news release.

The company also reports that, due to market conditions, the optionors of the property and Granite Creek have agreed to remove the clause requiring the company to raise $300,000 within 60 days of signing the option agreement. As a result, this financing requirement is no longer applicable.