Granada Gold Mine Inc. is pleased to announce that it has completed its previously-announced sale to Canada Silver Cobalt Works Inc. of a back-in option on five mining leases forming part of the Castle Silver Cobalt Mine property in Ontario. In payment, Canada Silver Cobalt issued 2,941,000 common shares to the Company at a deemed price of $0.51 [...]
Canada Silver Cobalt Works Inc. has entered into a Purchase and Sale Agreement with Granada Gold Mine Inc. pursuant to which Canada Silver Cobalt will repurchase from Granada Gold a back-in option on five mining leases at Castle East, forming part of the Castle mine property near Gowganda, Ontario. In payment, Canada Silver Cobalt will issue [...]
Mr. Frank Basa reports: Granada Gold Mine is pleased to report that it has retained the services of Tetra Tech to begin a gap analysis to amend our current Certificate of Authorisation for an on-site mill at Granada. Tetra Tech is a leading provider of consulting and engineering services. The Company supports government and commercial clients by [...]
Mr. Frank Basa reports: ROUYN-NORANDA, QC, June 2, 2020 /CNW/ - Granada Gold Mine is pleased to provide an update of its 2020 plans and activities aimed at exploration and bulk sampling. Highlights: Diamond drilling aims to focus on the high-grade Vein No. 1 structure. To date, the structure has been traced for 500 metres on surface Completion of [...]
ROUYN NORANDA, QC, May 13, 2020 /CNW/ - Granada Gold Mine Inc. is pleased to announce that further to the Company's news release dated May 8, 2020, the Company has now closed its second and final tranche of the of its non-brokered private placement financing raising additional proceeds of $382,000 by the issuance of 3,820,000 units at a price of [...]
Granada Gold Mine is pleased to announce that the Company has closed the first tranche of its non-brokered private placement financing raising gross proceeds of $818,000. A total of 8,180,000 units were issued at $0.10 per unit. Each unit consists of one common share in the capital of the Company and one share purchase warrant. Each warrant [...]
Granada Gold Mine announces the results of the 2020 Annual General Meeting of Shareholders held today, Friday April 24, 2020. The following individuals were elected directors of the Company: Frank J. Basa, Jacques Monette, Dianne Tookenay and Robert Setter. Shareholders also approved the re-appointment of McGovern, Hurley, Cunningham, Chartered [...]
Granada Gold Mine Inc. has intersected two near-surface mineralized zones grading 11.53 g/t gold over 2.9 meters at core length 65.85 – 68.75 meters and 2.61 g/t over 24.7 m at core length 25.5 – 50.2 m in hole GB-19-SA. This drill hole is 77 m to the south of GR-19-A which intersected 11.45 grams per tonne over 33 meters core length in the latest [...]
Granada Gold Mine Inc. will begin a bulk sampling program this spring on the high-grade, mineralized structures exposed at surface. The program will be designed to evaluate the native gold component in the mineralized structures. A metallurgical program was undertaken in 2012 at SGS Lakefield Gold Metallurgical Testing Group, Ontario, and the study [...]
Granada Gold Mine Inc. is pleased to provide assays results from the last hole in the latest drill program at its 100%-owned Granada gold deposit in Rouyn-Noranda. Unexpected near-surface, high-grade mineralization has been discovered within the recently explored two-kilometer LONG Bars Zone of the five and half kilometer Granada Shear zone which [...]
ROUYN NORANDA, QC, Nov. 6, 2019 /CNW/ - Granada Gold Mine Inc. is providing ongoing results from its latest drill program at its 100% owned Granada gold deposit in Rouyn-Noranda. GR-19-C intersected a high-grade zone with 7.67 grams per tonne gold over fifteen meters of core length from near surface on the extended LONG Bars zone. Results are [...]
Granada Gold Mine Inc. is pleased to provide the first results from its latest drill program at its 100% owned Granada gold deposit in Rouyn-Noranda. Coarse, native gold was observed in the drill core. GR-19-E intersected a high-grade zone with 12.32 g/t Au over 2 meters including 48.80 g/t over 0.50 meters at a core length depth of 35.5 meters on [...]
