Granada Gold Mine Inc. is pleased to announce that the Company has closed a non-brokered private placement financing, raising gross proceeds of $1,000,000. The Company has issued 5,000,000 units at a price of $0.20 per Unit. Each Unit is comprised of one common share of the Company and one share purchase warrant. Each whole warrant entitles the holder thereof to purchase one additional common share of the Company at an [...]
Granada Gold Mine Inc. is pleased to announce additional high-grade gold results from its on-going drill program at Granada. This release contains diamond drill results under the pit-constrained mineral resource with 5 holes. Highlights: 3.64 g/t gold over 3.45m in GR-20-15 from 399.00 to 402.45m 5.25 g/t gold over 1.5m in GR-20-17 from 301.50 to 303.00m 2.47 g/t gold over 3.00 in GR-20-18 from 510.50 to 513.50m 13.20 g/t [...]
Granada Gold Mine Inc. is pleased to announce that it will participate in a John Tumazos Very Independent Research LLC 2021 Conference webinar Tuesday February 16, 2021 at 8:30 am Eastern. Frank Basa, President and CEO, will present a company update including the January 29, 2021 resource update showing higher grade open-pit and underground gold resources and the ongoing drill program and bulk sampling activity underway [...]
Granada Gold Mine Inc. is pleased to provide an updated High-Grade Mineral Resource Estimate of the Granada Gold Deposit using narrow, rich, vein modelling and both open pit and underground resources and revised pit optimization parameters which are based on the possibility of off-site custom milling ore rather than constructing and using an on-site mill. The National Instrument 43-101 Technical Report, including the [...]
Granada Gold Mine Inc. is pleased to provide another update on its continuing drill program at Granada. This release contains drill results from the 100-series, part 3, near-surface drill program targeting Vein 1. The program is progressing as expected with the intention of converting the current low-grade open pit resource at 1 gram per tonne to a smaller, higher grade open pit with the majority of the future potential [...]
Granada Gold Mine Inc. is pleased to announce that the Company has closed a flow-through private placement financing raising gross proceeds of $534,982.50. The Company has issued 2,377,700 flow-through shares at a price of $0.225 per flow-through share, subject to TSX Venture Exchange final approval. Finder's fees totaling $26,698.95 in cash and 118,662 finder warrants were paid connection with the financing. Each finder [...]
Granada Gold Mine Inc. is pleased to provide an update on its on-going drill program at Granada. This release contains drill results from the 100-series part 2, near-surface drill program targeting Vein 1. Highlights: 2.39 g/t gold over 29m in hole GR-20-111 from 0.0 to 29.0m 7.72 g/t gold over 4.5m in hole GR-20-112 from 31.0 to 35.5m 7.29 g/t gold over 5.02m in hole GR-20-117 from 49.21 to 54.23m The Company has now [...]
Granada Gold Mine Inc. is saddened to report the sudden passing of Chief Financial Officer Tom Devlin. Mr. Devlin joined the Company as CFO in 2009. Frank Basa, President & CEO to the Company, remarked "it is with great sadness that we share the news of Tom's passing and our entire Company mourns his death. Tom was a well-respected colleague and a friend to many. Tom brought many years of experience, commitment, and a [...]
Granada Gold Mine Inc. is pleased to provide an update on its on-going drill program at Granada. This release contains drill results from the 100-series near-surface drill program targeting Vein 1. Highlights: 3.66 g/t gold over 26.5m in hole GR-20-110 from 35.2 to 61.7m 5.25 g/t gold over 3.0m in hole GR-20-109 from 60.0 to 63.0m 2.62 g/t gold over 6.42m in hole GR-20-101 from 34.5 to 40.5m The Company has now drilled a [...]
Granada Gold Mine Inc. is pleased to provide an update on its on-going drill program at Granada. This release contains drill results under the pit-constrained mineral resource. Highlights: 5.64 g/t gold over 6.86m in GR-20-10 from 364.64 to 371.50m 4.26 g/t gold over 4.50m in hole GR-20-13 from 290.50 to 295.00m The company completed the 6000-meter drill program and has begun another 6000-meter drill program with 2 drills [...]
Granada Gold Mine Inc. announces that further to its press release dated August 27, 2020 whereby the Company raised $700,000 in its first tranche private placement closing, the Company has closed an additional $210,000 in its final tranche private placement financing. The Company has raised a total of $910,000 in both tranches. The Company issued an additional 913,043 units at $0.23 per unit. Each Unit is comprised of one [...]
Granada Gold Mine announces that further to its press release dated August 27, 2020 whereby the Company raised $700,000 in its first tranche private placement closing, the Company has closed an additional $210,000 in its final tranche private placement financing. The Company has raised a total of $910,000 in both tranches. The Company issued an additional 913,043 units at $0.23 per unit. Each Unit is comprised of one [...]
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