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 [...]
Granada Gold Mine Inc. announces that it has granted stock options to its directors and officers to purchase an aggregate of 1,200,000 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 [...]
Granada Gold Mine Inc. is pleased to announce the successful renewal of Mining Development Lease BM813, which is now in full effect and has been extended for 10 years from September 20, 2023, to September 19, 2033. This renewal, alongside the previously renewed BM852 lease, positions Granada Gold Mine to advance its strategic plans for the Granada Gold Property near Rouyn-Noranda, Quebec. The extension of BM813, a [...]
Granada Gold Mine Inc. applauds the Canadian government's recent announcement of a $5-billion Indigenous loan guarantee program aimed at facilitating Indigenous equity participation in natural resource and energy projects. Deputy Prime Minister Chrystia Freeland highlighted the significance of this initiative, emphasizing its potential to spur economic reconciliation and empower Indigenous communities. The program [...]
Granada Gold Mine is thrilled to announce a groundbreaking discovery of critical metals during its recent deep-hole gold drill program. The discovery includes a suite of low-grade alkaline and rare-earth elements, which, despite their low grade, hold significant economic potential as possible byproducts during precious metal mining, leveraging the innovative Re-2Ox process. The previous drill program including several [...]
Granada Gold Mine is progressing with its drill program, which aims to resume a 120,000-meter campaign. To date, the company has completed 18,000 meters of deep drilling, primarily focused on defining high-grade structures at depth. The drill program confirmed the presence of multiple mineralized structures trending down dip to the north at 50 degrees for a measured down dip length of 1,920 meters. Mineralization is open [...]
Granada Gold Mine Inc. is following up on the recent announcement regarding the development of a high-grade flow sheet. Granada Gold Mine is pleased to provide further details on its plans to establish a mill at the Granada property. After productive discussions with our preferred vendor, the company is moving forward with a comprehensive study to build a mill on site at Granada. This strategic decision reflects our [...]
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