Granada Gold Mine announces that it has granted stock options to its directors and officers to purchase an aggregate of 3,400,000 common shares in the capital of the Company. The stock options are exercisable for a term of five years at an exercise price of $0.05 per share. All stock options are granted in accordance with the terms of the Company's Stock Option Plan and the policies of the TSX Venture Exchange and will be [...]
Granada Gold Mine is pleased to announce that Heidi Gutte has been appointed as Chief Financial Officer of the Company effective today, replacing the Company's CFO, Remantra Sheopaul. Heidi Gutte has nearly 15 years of experience with publicly-traded mineral exploration and mining companies. She specializes in corporate finance, IFRS financial reporting, audit preparation and response, tax optimization, and corporate [...]
Granada Gold Mine is pleased to announce the appointment of Christopher Ecclestone as a director of the Company. Christopher Ecclestone is a principal, mining analyst, and commodity strategist at Hallgarten & Company. Currently based in London, England, he has extensive international mining experience. In North America, he has been the CEO and director of several listed companies on the TSX, TSX-V and CSE. Mr. Ecclestone [...]
Granada Gold Mine reports that the non-binding Memorandum of Understanding with Lafleur Minerals for custom milling at the Beacon Mill has concluded following the expiration of its 90-day term on June 23, 2025. During the evaluation period, both parties conducted technical reviews and exchanged data room information. Following comprehensive assessment, the companies have determined not to proceed with a definitive milling [...]
Granada Gold Mine is pleased to announce, that with the recent increase in the price of gold, the Company is reviewing previous resource calculations from May 16, 2017. The price of gold on May 15, 2017 was 1,260 US dollars per oz of gold and on April 23, 2025 was 3,324 USD per oz of gold - an increase of 164 percent. This significantly improves the resource potential of the deposit. "The calculated 43-101 resource done [...]
Granada Gold Mine is pleased to announce its expanded exploration focus on the Granada East Project. The potential strike length on the property is 5.5 km, including the eastward extension 2.5 km from the Granada Pit 1 to the historical Aukeko Shaft and a further 2 km to the Austin-Rouyn Shaft. The Aukeko Shaft was sunk on the "Auk Shear" zone in conjunction with stripping and trenching which was mapped over a [...]
Granada Gold Mine is pleased to announce that it has signed a non-binding MOU for custom milling of the Granada Gold Mine ore at the Beacon Mill, owned by Lafleur Minerals. Highlights of non-binding Custom Milling MOU: Beacon Mill is fully permitted for 750 tonnes per day. Granada Gold Mine is fully permitted to ship gold ore. Current open-pit and underground 43-101 measured and indicated resource at 543,000 ounces of [...]
Granada Gold Mine announces that the 2025 Annual General Meeting was held today, Thursday March 13, 2025 and is pleased to report that all resolutions proposed to the Shareholders were approved with over 93.87% voting in favour in all categories. The resolutions approved are as follows: 1. The following individuals were re-elected Directors of the Company: Frank J. Basa, Matthew Halliday and Maya Basa. 2. McGovern Hurley [...]
Granada Gold Mine is pleased to showcase recent property transactions on the Cadillac Break. With the recent increase in the price of gold, and the acute shortage of permitted mineable resources on the Cadillac Break located in the Rouyn-Noranda-Val d'Or area, operating gold mining companies have been buying up companies and resources to sustain their "Fill the Mill" operating requirements. Frank J. Basa., President and [...]
Granada Gold Mine is pleased to report that it has engaged the services of Goldminds Geoservices to complete the required revision to its restauration plan at Granada Gold Mine. This revision is required every 5 years to account for changes in any activities on site that may affect the terrain as well as the costs or modifications to proposed activities. "This revision is a requirement to keep the permits at Granada Gold [...]
Granada Gold Mine is pleased to provide an update on the progress of an on-site sampling plant. The potential installation of an on-site sampling plant is to further confirm the near-surface open pit resource from the two 500-tonne bulk samples recently taken which correlates well with historic open pit mining results of 3.5 to 5 grams per tonne gold. The current open pit resource of 2 grams per tonne and was calculated [...]
Granada Gold Mine announces that the Company has closed a Quebec Flow-Through private placement financing raising gross proceeds of $200,000. The Company has issued 5,714,286 QFT shares at a price of $0.035 per QFT share, subject to final TSX Venture Exchange approval. Finder's fees totaling 571,428 shares a deemed price of $0.035 per share and 5,721,428 finder warrants were paid in connection with the financing. Each [...]