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GoldSpot Discoveries Engaged by Granada Gold to Expand Resource at the Granada Property in the Abitibi Greenstone Belt
Toronto, Ontario--(Newsfile Corp. - December 1, 2021) - GoldSpot Discoveries Corp. (TSXV...
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[{"type":"text","content":"GoldSpot Discoveries Engaged by Granada Gold to Expand Resource at the Granada Property in the Abitibi Greenstone BeltToronto, Ontario--(Newsfile Corp. - December 1, 2021) - GoldSpot Discoveries Corp. (TSXV: SPOT) (OTCQX: SPOFF) (\"GoldSpot\" or the \"Company\"), a leading technology company leveraging artificial intelligence and data science to transform the mineral discovery process, is pleased to announce it has been engaged by Granada Gold Mine Inc. (TSXV: GGM) (OTC Pink: GBBFF) (FSE: B6D) (\"Granada\") to apply its proprietary machine learning and geoscience expertise at the Granada property in the Abitibi Greenstone Belt, near Rouyn-Noranda, Quebec.The Granada property has a history of mining and exploration stretching back to the 1930s when it produced 51,476 oz Au (Camus, Yann and Dupere, Maxime. 2021. Granada Gold Project Mineral Resource Estimate Update Rouyn-Noranda, Quebec, Canada.). Over the years, the property has been drilled by multiple companies with over 120,000m drilled and Granada is committed to drilling an additional 120,000m to expand on the existing resource.The existing resource at Granada has an in-pit measured and indicated 5,113,000 tonnes at 2.06 g/t Au for 339,000 gold ounces and an underground measured and indicated 844,000 tonnes at 4.03 g/t Au for 109,000 gold ounces, as well as 1,244,000 tonnes at 6.33 g/t for 253,000 gold ounces in the underground resource at inferred (2021, Granada Gold Project Mineral Resource Estimate Update Rouyn-Noranda, Quebec, Canada.). GoldSpot will be working closely with the team at Granada to provide Smart Targeting for their ongoing drill program to help expand the existing resource as well as to provide additional exploration targets for new discoveries. The property at Granada, including the existing open pits and the previous Granada Mine shafts, covers 1,473.77 ha over 2 km of strike length and the potential for strike length to be extended to 5.5 km stretching to the Aukeko and Austin Rouyn Mine Shafts to the east.\"We are very excited to be working with Granada on their project in the Abitibi,\" commented GoldSpot Chief Executive Officer, Vincent Dubé-Bourgeois. \"GoldSpot has an extensive history working in the area and we look forward to building on our previous successes with the interesting and highly prospective project at Granada. The Granada projec...