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Granada Gold Mine Inc.

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Summary

Project:

Granada

Deposit:Granada
Location:Canada
Commodities:Gold
Date:3/2/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Pre-Feasibility Study
Report details:2-3-2020: Granada Gold Mine Inc. announces an Exploration/Drilling Update report for its Granada deposit at the Granada project. Drilling results incl. 24.7m @ 2.61g/t Au from 25.5m. ROUYN-NORANDA, QC, March 2, 2020 /CNW/ - Granada Gold Mine Inc. (TSXV: G
Resources:
CP/QP:[Overall Report]: Claude Duplessis (GoldMinds Geoservices Inc.)
ABSTRACT:ROUYN-NORANDA, QC, March 2, 2020 /CNW/ - Granada Gold Mine Inc. (TSXV: GGM) (the "Company" or "Granada") has intersected two near-surface mineralized zones grading 11.53 grams per tonne gold over 2.9 meters at core length 65.85 – 68.75 meters and 2.61 grams per tonne over 24.7 meters at core length 25.5 – 50.2 meters in hole GB-19-SA. This drill hole is 77 meters to the south of GR-19-A which intersected 11.45 grams per tonne over 33 meters core length (see Granada news release dated January 9th, 2020) in the latest drill program at its 100%-owned Granada gold deposit in Rouyn-Noranda. The A zone is 6 meters true width. The continuing nearsurface drilling program has begun to unlocked the excellent potential for defining further high-grade intersections within the recently explored two-kilometer LONG Bars Zone of the five-and-a-halfkilometer Granada Shear zone which trends East-West on the property. Two additional drill holes from the 450-meter drill program also intersected near-surface high-grade mineralization from the recent 50-meter on-strike stripping program which uncovered a massive quartz zone exposing strong veining and visible gold on surface.

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