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Intercepted mineralization at Granada!

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  The drill could change the economics of Granada Mine!   Rouyn Noranda, Quebec, Granada Gold Mine provides an update on its on-going drill program at Granada. The Company completed the 6000-meter drill program and has begun another 6000-meter drill program with 2 drills on site. All drill holes intercepted mineralization which will be used in the updated resource calculation. Lengths are core length and are close to true widths, no capping applied. Au is Gold by Fire assay, or by gravimetric finish or screen metallic method. Frank J. Basa, P Eng, “The drill hole data under the pit-constrained resource could potentially change the economics of developing the Granada Mine Property.  Previously explored as a low-grade, open pit deposit, the company now envisions an open pit with a ramp from the bottom of the pit into the higher-grade mineralization below, significantly adding more ounces to the current resource.”   Holes GR-20-16 and GR-20-17 were then drilled on the same set-up as GR-

Granada focuses big gold resource!

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Rouyn-Noranda resource with 762 K Oz plus 455K Oz of gold Granada Gold Mine activities aimed at exploration and development as follow-up to the Company’s recently updated resource estimate at its Granada Gold project in Rouyn-Noranda, Quebec. The Company Estimate resource with 762 K ounces of gold in the Measured and Indicated categories, plus 455K ounces of gold in the Inferred category. The report entitled, “Granada Gold Project Mineral Resource Estimate Rouyn-Noranda, Quebec, Canada”, was written by SGS Canada Inc. Frank J. Basa, P.Eng, Chairman and CEO of Granada Gold Mine, stated, “These robust numbers confirm our longstanding belief in the merits of this property, and they form the backbone for our next efforts. We intend to see how we can turn Granada into a bulk-tonnage mine, and we believe the improving mining markets position us well for this effort.” The authors of the report, Independent Qualified Persons Allan Armitage, and Maxime Dupere, conclude