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Project: | Granada | |
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Deposit: | Granada | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 11/8/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Pre-Feasibility Study | |
Report details: | 8-11-2018: Granada Gold Mine Inc. announces an Exploration/Drilling Update report for its Granada deposit at the Granada project. Drilling results incl. 11.00m @ 5.07g/t Au from 567.0m. ROUYN NORANDA, QC, Nov. 8, 2018 /CNW/ - Granada Gold Mine (TSXV: GGM) | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Claude Duplessis, Merouane Rachidi (GoldMinds Geoservices Inc.;Internal) | |
ABSTRACT: | ROUYN NORANDA, QC, Nov. 8, 2018 /CNW/ - Granada Gold Mine (TSXV: GGM) ("Granada Gold" or the "Company") is pleased to announce its latest partial drill results at the Granada property located along the prolific Cadillac Trend in Northern Quebec, Canada. Hole GR-18-03 intersected gold mineralization at depth, tested the Magnetic anomaly in the center of the property, and expands the quality of the mineral resource along the plunge of the deposit. A new finding in hole GR-18-04 shows an unusual geological context with a strong reddish(hematised) silicified conglomerate with disseminated sulfides including visible gold (VG) grains. The discovery opens new ground at a much shallower depth than was initially expected at this position on the Granada property. The new finding of Hole GR-18-04 to the north-west is located at 600 metres from surface which open new sector for exploration. "The GR-18-03 high-grade intercept over a significant core length continue expanding the quality of our mineralized zone at Granada." stated Frank J. Basa P.Eng., President and Chief Executive Officer of Granada Gold Mine. At the time of this press release, three holes had been completed for 2178 meters with a fourth in progress. | |
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