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Granada Gold Mine Hits 3.66 g/t Gold Over 26.5 Meters Near Surface Including 13.49 g/t Over 4 Meters & 29.8 g/t Over 1.5 Meters
ROUYN NORANDA, QC, Oct. 21, 2020 /CNW/ - Granada Gold Mine Inc. (TSXV: GGM) (the "Company" or "Granada") is pleased to provide an update on its on-going drill p
About this update from Granada Gold Mine Inc.
[{"type":"text","content":" ROUYN NORANDA, QC, Oct. 21, 2020 /CNW/ - Granada Gold Mine Inc. (TSXV: GGM) (the \"Company\" or \"Granada\") is pleased to provide an update on its on-going drill program at Granada. This release contains drill results from the 100-series near-surface drill program targeting Vein 1. Highlights: 3.66 g/t gold over 26.5m in hole GR-20-110 from 35.2 to 61.7m 5.25 g/t gold over 3.0m in hole GR-20-109 from 60.0 to 63.0m 2.62 g/t gold over 6.42m in hole GR-20-101 from 34.5 to 40.5m The Company has now drilled a total of 8482 meters of the drill program (as of October 5th, 2020) of the current 12,000-meter program with 2 drills turning on site. This release represents 659.8 m of the program. ASSAY RESULTS Hole ID From (m) To (m) Length (m) Gold (g/t) GR-20-101 18.00 22.50 4.50 1.10 And 34.50 40.50 6.00 2.62 including 36.50 37.00 0.50 6.42 GR-20-102 33.20 34.70 1.50 0.42 GR-20-103 19.30 24.00 4.70 0.80 And 61.50 67.50 6.00 1.22 GR-20-104 12.00 19.80 7.8 0.52 GR-20-105 12.00 15.40 3.40 1.49 And 78.70 83.20 4.50 1.19 GR-20-106 30.00 31.50 1.50 0.26 GR-20-107 4.50 12.00 7.50 0.53 GR-20-108 5.70 7.20 1.50 0.23 GR-20-109 7.00 39.00 32.0 1.01 including 7.00 18.00 11.00 1.64 including 21.00 27.00 6.00 1.76 including 31.50 39.00 7.50 0.69 And 60.00 63.00 3.00 5.25 GR-20-110 8.20 9.20 1.00 3.49 And 35.20 61.70 26.50 3.66 including 35.20 39.20 4.00 13.49 including 36.70 38.20 1.50 29.80 including 49.70 52.70 3.00 8.85 including 51.20 52.70 1.50 18.45 Lengths are core length, no capping applied. Au is Gold by Fire assay, or by gravimetric finish or screen metallic method. Other assays results are still pending. The Company is being impacted by longer than expected turnaround time (TAT) of analytical results due to COVID-19 and extensive work load at ALS laboratory. The 100-series holes were drilled to intersect the vein uncovered by stripping and to follow the high-grade corridor. Holes GR-20-101 to GR-20-105 are vertical holes drilled to intersect the mineralized vein structure. The stripping has confirmed the continuation of the mineralized structure in historical Pit #1 for up to 350m East-West. Pit #1, mined in 1994, extracted 87,311 tonnes grading 5.17 g/t Au (43-101 Technical Report dated February 13, 2019 on the Granada Gold Project Mineral Resource Estimate, Rouyn Noranda, Quebec authored by the Qua...