Granada Gold Mine announces that the 2023 Annual General and Special Meeting was held today, Monday July 17, 2023 and is pleased to report that all resolutions were approved with over 99.45% voting in favour in all categories. Resolutions passed are listed below. 1. The following individuals were re-elected Directors of the Company: Frank J. Basa, Matthew Halliday and Dianne Tookenay 2. McGovern, Hurley, Cunningham [...]
Granada Gold Mine is pleased to announce an estimate of the potential quantity and grade of its exploration target to the north of the resource area at its Granada Gold deposit in Quebec. The target estimate, which is based on the results of several successful deeper holes drilled to the north of the resource area, is calculated at between 18 and 25 million tonnes with a gold grade range of 3.8 to 5.2 grams per tonne [...]
Granada Gold Mine is pleased to announce that it has received conditional approval from the TSXV for the supplemental listing on the TSXV of Class A Redeemable Preferred Shares. Granada has called an annual general and special meeting to be held at the Company's head office in Coquitlam, British Columbia on July 17, 2023 at which shareholders will be asked to adopt a special resolution approving the creation of Class A [...]
Granada Gold Mine is pleased to announce additional results from its Granada Gold Mine project with multiple new gold assays from its GR-21-14 deep hole. The hole, drilled to a total length of 2004 m, intersects multiple high-grade gold zones. Step-Out Deep Drill Hole Highlights: from 1209.8 m down hole, 12.7 g/t gold over 1.5 m. from 1239.9 m down hole, 4.6 g/t gold over 1.0 m. from 1267.9 m down hole, 5.5 grams per [...]
Granada Gold Mine announces that further to its news release dated December 2, 2022, Granada has reached an agreement with a third party to repay the debt in the amended amount of $286,482.67 through the issuance of 5,729,654 shares in the capital of the Company at a deemed price of $0.05 per share. The shares for debt transaction remains subject to the acceptance from the TSXV. All securities issued in connection with [...]
Granada Gold Mine is pleased to announce ALS GoldSpot has completed its first round of deliverables as part of its approach to identifying highly prospective areas for new discoveries at existing gold deposits. The Company expects the second round to produce new machine learning drill targets for both the main Granada Block and the Aukeko block to the east. Highlights: Four medium-high risk holes for 3,100m of drilling [...]
Granada Gold Mine is pleased to announce it will update the historic PFS of 2014 where proven, probable reserves and costs to process the bulk sample of Granada Gold Mines were identified. Frank J. Basa, P.Eng., President and CEO commented, "Since 2014, the cost of custom processing and the price of gold have both increased about 30 percent. Using the historical PFS as a good indication of the cost per ounce for this bulk [...]
Granada Gold Mine is pleased to provide an update on the processing needs of, and availability to, Granada Gold Mines. Frank J. Basa, P.Eng., President and CEO commented, "Custom processing of the bulk sample at a local gold mill is both economically viable and risk-free. The milling program is designed to ascertain the gold grade of the mineralized material. To further de-risk the processing of the bulk sample [...]
Granada Gold Mine is pleased to provide an update of its ongoing bulk sampling program. Ongoing Bulk Sampling Program Highlights: • The first bulk sample returned a calculated gold grade of 45.6 g/t on 1,220 kilograms which was taken from a 3-meter strike length on surface, on the historical mined Vein One. Historical open-pit mining produced 3.5 to 5.0 g/t gold from surface open-pit mining and 9.0 to 10.0 g/t gold [...]
Granada Gold Mine announced that it has retracted its published inferred Rubidium resource for the Granada Gold Project. Following a review by the BC Securities Commission, it was found that the published inferred Rubidium resource estimate did not comply with National Instrument 43-101 standards, and therefore cannot be relied upon. Granada takes its obligations to provide accurate and transparent disclosure very [...]
Granada Gold Mine announced that it has retracted its published inferred Rubidium resource for the Granada Gold Project. Following a review by the British Columbia Securities Commission, it was found that the published inferred Rubidium resource estimate did not comply with National Instrument 43-101 standards, and therefore cannot be relied upon. Granada takes its obligations to provide accurate and transparent [...]
]Granada Gold Mine announces that it has granted stock options to its directors and officers to purchase an aggregate of 600,000 common shares in the capital of the Company. The stock options are exercisable for a term of three 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 TSXV and will be subject to a [...]
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