GCX Granite Creek Copper Ltd

Granite Creek Gold Ltd. ("the Company") (TSX VENTURE:GCX) is pleased to announce
that it's entering into an option agreement to acquire a 100% interest in the 75
sq km "Darsalam" Gold Concession ("the Concession") located in western Mali. The
Concession is located on the eastern margin of the prospective Birimian Gold
belt, approximately 100km southwest of Kenieba, an important regional mining
center, and 300km west of Bamako, the Malian capital.    


The Concession is being acquired for 45,000,000 FCFA, which equates to
approximately CDN$93,000 at today's exchange rate. Payments will be made over a
4 year period with the Company having no obligation to continue payments should
the property not warrant further exploration. In addition to the cash payment,
the Company agrees to issue 500,000 shares to the vendor over a three year
period with the first issuance due upon TSX Venture approval of the transaction.
  


Limited drilling by previous operators on the Concession identified two
mineralized zones, a northern and southern zone. The best reported result on the
northern zone was 1.048 g/t over 8m, and the best results on the southern zone
returned 1.088 g/t over 8m and 0.780 g/t over 10m. The Company's Malian
geological team reports extensive artisanal mining on the Concession. Artisanal
mining takes place in loose gravels and saprolite, a highly weathered and easily
mined layer of rock. This basic hand mining is seen as an important indicator of
potential economic mineralization in the Birimian as elevated gold levels in the
saprolite can indicate an increased potential in the underlying rock.


With Malian Presidential elections scheduled for July 28, the Company believes
that this is an excellent time to be acquiring gold concessions in Mali. This
project, coupled with the Company's Koussikoto Ouest project, gives the Company
an excellent base to develop its operations in the country. The Malian
Geological team will be encouraged to continue to evaluate projects and will be
initiating work a work program on the Concession as soon as possible.   


Dr. Mathias Westphal P. Geo, a Qualified Person as defined in National
Instrument 43-101, has reviewed and approved the technical information in this
news release.  


About Granite Creek Gold Ltd.    

Granite Creek is a Vancouver based exploration company in the business of
acquiring and carrying out exploration on mineral properties, especially with
precious metals potential, with the goal of establishing a mineable mineral
resource. Granite Creek's projects include its gold/copper/molybdenum Taseko
Property, 225km north of Vancouver, 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 British Columbia, the 5611 ha
Troitsa Property a copper/molybdenum/gold located in central British Columbia,
on which it has a option to acquire a 100% interest and an option on the 35 sq
km Koussikoto Ouest 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.            


FOR FURTHER INFORMATION PLEASE CONTACT: 
Granite Creek Gold Ltd.
Timothy Johnson
President
604-569-2430
info@granitecreekgold.com

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