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 [...]
Granada Gold Mine announces a non-brokered private placement offering by issuing 5,714,286 Quebec Flow-Through Shares at a price of $0.035 per QFT Share raising gross proceeds $200,000. The private placement is subject to TSXV approval. The proceeds of the QFT private placement will be used for the Company's Granada Gold Property. Finder's fees will be paid in connection the private placement. The finder's fees paid in [...]
Granada Gold Mine Inc. has reviewed a recent updated news release of a mid-tier local gold operator's production costs. It is estimated, that upon completion of the Company's ongoing deep drilling program in 2027, that the potential exists for custom milling with three separate mid-tier gold producers in Quebec along the Cadillac Break in 2027 due to the exhaustion of their resources. Granada Gold Mine's open pit is fully [...]
Granada Gold Mine Inc. has reviewed a recent updated news release of a mid-tier local gold operator's production costs. It is estimated, that upon completion of the Company's ongoing deep drilling program in 2027, that the potential exists for custom milling with three separate mid-tier gold producers in Quebec along the Cadillac Break in 2027 due to the exhaustion of their resources. Granada Gold Mine's open pit is fully [...]
Granada Gold Mine announces a comprehensive deep drill program to the north of the current open pit resource in an area known as the Big Claim to define the extent of gold mineralization within the 2 kilometer east-west strike length of the greater 5.5 kilometer defined mineralized gold structure. Gold mineralization is expected to extend beyond 1600-meter vertical depth based on the last drill program. Drill Program [...]
Granada Gold Mine is pleased to announce the appointment of Maya Basa as a director of the Company. Maya Basa is a tested executive with extensive experience working in international consulting firms based out of Canada, and the United Kingdom. Her work has been focused on leading large-scale transformation projects for various clients, primarily in North America and Europe. The Company is greatly anticipating the [...]
Granada Gold Mine Inc. announces a comprehensive strategy to increase shareholder value through improved processing technology by using a high-grade gravity circuit onsite before milling, resource optimization, and a novel financing approach originally detailed in the June 6, 2023 news release regarding the preferred share structure. This integrated plan positions Granada as an efficient gold producer in the Abitibi Gold [...]
Granada Gold Mine is pleased to provide an update on meetings and site visits by aggregate and cement producers for the use of waste rock for aggregate. The waste rock utilization strategy developed by the Company is a continuation of the successful treatment of historical on-site waste rock which has accumulated at the Granada property since the 1930s. The Company announced in a July 23 news release an estimate of the [...]
Granada Gold Mine Inc. is pleased to announce an estimate of the potential in-ground values at its Granada Gold deposit in Quebec for both gold and aggregate. Highlights of Potential in-Ground Values: Value per tonne of gold-mineralized material at a grade of 2 grams per tonne gold is $211.30 Canadian dollars. Value of one tonne of gravel classed as 0 inches to 0.75 inches is $36.00 Canadian dollars. Ratio of [...]
Granada Gold Mine Inc. is pleased to outline the process for gold recovery using conventional crushing, screening and gravity concentration to recover high-grade native gold and gold-bearing sulfide concentrate for further off-site processing to recover the gold into dore bars. The process will use a closed-loop water process and produce a final gold market bar and aggregate for the construction industry. Having processed [...]
Granada Gold Mine Inc. is pleased to engage John Glew as a Resource Development Advisor for the Granada Gold Mine Property. Mr. John Glew recently worked for Lafarge Canada - Quebec Atlantic Canada, Sales Manager for Projects and Mobile Plants. Lafarge is Canada's largest provider of sustainable and innovative building solutions including Aggregates, Cement, Ready Mix and Precast Concrete, Asphalt and Paving, and Road and [...]
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