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Granada Gold Hits 7.63 g/t Gold Over 5 Meters Including 53.5 g/t Over 0.65 Meters During Infill Drill Program
(TheNewswire) August 11, 2021 – TheNewswire - Rouyn Noranda, Q...
About this update from Granada Gold Mine Inc.
[{"type":"text","content":"Granada Gold Hits 7.63 g/t Gold Over 5 Meters Including 53.5 g/t Over 0.65 Meters During Infill Drill Program\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n August 11, 2021 –\n \n \n TheNewswire -\n \n \n Rouyn\nNoranda, Quebec -\n \n \n Granada Gold Mine Inc.\n(TSXV:GGM) (OTC:GBBFF)) (Frankfurt:B6D) (the “Company” or\n“Granada”)\n \n \n is pleased to announce additional\ndrill results from its on-going drill program at its Granada Gold Mine\nProject near Rouyn-Noranda along the prolific Cadillac Break in\nnorthwestern Quebec’s Abitibi region.\n \n \n \n \n Drilling Highlights:\n \n \n \n \n GR-16-14W1 intersected 2.82 g/t over\n1.0 m at 852.65m\n \n \n \n \n GR-16-14W2 intersected 4.26 g/t over\n1.0m at 907.85m\n \n \n \n \n GR-16-14W3 intersected 7.63 g/t over\n5.0 m at 886.0 m\n \n \n \n \n GR-21-01 intersected 7.55 g/t over\n1.0 m at 314.75 m\n \n \n \n \n GR-21-02 intersected 7.91 g/t over\n1.0 m at 363.85 m\n \n \n \n \n GR-21-12 intersected 4.68 g/t over\n1.25 m at 457.45 m\n \n \n \n \n “The objective was to drill under the pit-constrained\nresource and at depth – in order to increase the quantity and\nquality of the mineral resources. These latest drill results – from\nnew holes and wedges off existing holes – show intersections of gold\nof economic grade near the surface, under the pit-constrained resource\nand at depth.  This supports the view that a significant increase in\nour next resource update is possible,” said Frank J. Basa, P.Eng.,\nPresident and CEO.\n \n \n \n \n This news release presents available partial results\nof diamond drill wedge holes off GR-16-14 as well as\n \n \n infill holes between GR-11-362 and GR-11-393.\n \n \n The mineralized structures were intersected at various depth\nin each wedge showing the continuity of the structures with gold grade\nvariability, confirming the continuation of mineralized veins.\n \n \n \n \n Holes GR-21-01 and GR-21-02 were drilled to bridge a\n100m gap between GR-11-362 and GR-11-393 under the pit-constrained\nresource. Partial results are disclosed. GR-21-12 was drilled to\nidentify continuity of gold zones on the eastern edge of the orphan\ntailings.\n \n \n \n \n Table 1: Structures intersected assay results\n \n \n \n \n \n \n \n Hole ID\n \n \n \n \n \n \n From (m)\n \n \n \n...