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Granada Gold Mine Inc.

Summary

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

Date:	1/9/2020
Report Code:	NI43-101
Report Type:	Exploration/Drilling Update
Project Stage:	Pursuing Pre-Feasibility Study

Report details:	9-1-2020: Granada Gold Mine Inc. announces an Exploration/Drilling Update report for its Granada deposit at the Granada project. Drilling results incl. 33m @ 11.45g/t Au from 0m. ROUYN NORANDA, QC, Jan. 9, 2020 /CNW/ - Granada Gold Mine Inc. (TSXV: GGM) (

Resources:	(Resource, M+I): 22.267Mt @ 1.06g/t Au

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

ABSTRACT:	ROUYN NORANDA, QC, Jan. 9, 2020 /CNW/ - Granada Gold Mine Inc. (TSXV: GGM) (the "Company" or "Granada") 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 trends east-west on the property. The 450-meter Fall, 2019 drill program focused on testing the gold grade continuity and variability within mineralized structures. The Granada Shear Zone and the South Shear Zone contains, based on historical detailed mapping as well as from current and historical drilling, up to twenty-two mineralized structures trending east-west over five and half kilometers. Three of these structures were mined historically from two shafts and two open pits. Historical underground grades were 8 to 10 grams per tonne gold from two shafts down to 236 m and 498 m with open pit grades from 5 to 3.5 grams per tonne gold.

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