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Granada East Project Revisited in Search of Historic High-Grade 200 Grams per Tonne Gold Mineralization
(TheNewswire) April 14, 2025 – TheNewswire - Rouyn Noranda, Quebec - ...
About this update from Granada Gold Mine Inc.
[{"type":"text","content":"Granada East Project Revisited in Search of Historic High-Grade 200 Grams per Tonne Gold Mineralization\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n April 14, 2025\n \n\n –\n \n\n TheNewswire -\n \n\n Rouyn\nNoranda, Quebec -\n \n\n Granada Gold Mine Inc. (TSXV:\nGGM) (the “Company” or “Granada”)\n \n\n is\npleased to announce its expanded exploration focus on the Granada East\nProject. The potential strike length on the property is 5.5\nkilometres, including the eastward extension 2.5 kilometres from the\nGranada Pit 1 to the historical Aukeko Shaft and a further 2\nkilometres to the Austin-Rouyn Shaft.\n \n\n\n\n The Aukeko Shaft was sunk on the “Auk Shear” zone\nin conjunction with stripping and trenching which was mapped over a\none-kilometre length with an average width of 50 metres. The Auk Shear\nzone was the location of the\n \n\n Bert Vein\n \n\n where three bulk samples were\nreported to have been taken in 1938 from a trench approximately\n50-to-150 metres east of the Aukeko Shaft.  The bulk samples averaged\na grade of 7.0 ounces gold per ton (240.0 grams per tonne) (from\npublic files with MERN(Ministère d’Energie et Ressources\nNaturelles) GM52851)(\n \n\n\n\n News Release July 10,\n2018\n \n\n\n\n ).\n \n\n\n\n The Austin Rouyn shaft, sunk to a depth of 68 metres,\nreported grab samples from the first level (at 36 metres) taken in\n1940 and assaying up to 8.57 ounces of gold per short ton (291.4 grams\nper tonne) (1980,\n \n\n\n\n Report:\nGM36668\n \n\n\n\n ).\n \n\n\n\n Exploration Highlights:\n \n\n\n\n\n\n Phase I -\n \n\n Conduct Drone Lidar survey to integrate with historic drone\nmag survey, property mapping and drilling\n \n\n\n\n\n\n Phase II\n \n\n –\nConduct Second round of geophysics (survey details still in discussion\nwith geophysics company, potentially radiometric) to maximize\npotential drill targets for REE, Alkali Metals and Gold\nmineralization.\n \n\n\n\n\n\n The Granada Project lies along a significant but\nunderexplored structural corridor. To date, over 90% of exploration\nactivity has been concentrated on the western portion of the property,\nwhile\n \n\n Granada East remains\nlargely unexplored\n \n\n , despite historical records\ndating as far back as the 1920s. The renewed foc...