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Granada Gold Mine Inc.

Summary

Project:	Granada
Deposit:	Granada
Location:	Canada
Commodities:	Gold

Date:	11/6/2019
Report Code:	NI43-101
Report Type:	Exploration/Drilling Update
Project Stage:	Pursuing Pre-Feasibility Study

Report details:	6-11-2019: Granada Gold Mine Inc. announces an Exploration/Drilling Update report for its Granada deposit at the Granada project. Drilling results incl. 15m @ 7.67g/t Au from 18.5m. ROUYN NORANDA, QC, Nov. 6, 2019 /CNW/ - Granada Gold Mine Inc. (TSXV: GGM

Resources:	(not mentioned in this report)

CP/QP:	[Overall Report]: Claude Duplessis (GoldMinds Geoservices Inc.)

ABSTRACT:	ROUYN NORANDA, QC, Nov. 6, 2019 /CNW/ - Granada Gold Mine Inc. (TSXV: GGM) (the "Company" or "Granada") 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 pending for GR-19-A, for high-grade verifications. The mineralized zone is composed of smoky quartz veins adjacent to a porphyry dyke intruded by multiple quartz veinlets south of the altered sheared conglomerate. "These preliminary results highlight the potential of near-surface, high-grade mineralization and continue to support higher grades that are in line with historic production grades of 8 to 10 grams per tonne gold when it was mined in the 1930s from the two shafts. The Company's earlier drill programs were designed to define structures. Drill holes intersected the mineralized structure perpendicularly. This recent program was designed to unlock the higher-grade potential of mineralized intersections near surface identified from previous drill holes," said Frank J. Basa, P.Eng., Granada's President and Chief Executive Officer.

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