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Granada Gold Mine Intersects Five High-Grade Gold Zones Below 1,200 Meters on the Step-Out Deep Hole
(TheNewswire) The new intercepts verify the extension of gold mineralization at depth and c...
About this update from Granada Gold Mine Inc.
[{"type":"text","content":"Granada Gold Mine Intersects Five High-Grade Gold Zones Below 1,200 Meters on the Step-Out Deep Hole \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 The new intercepts verify the\nextension of gold mineralization at depth and confirm the potential of\nsignificant resource increase as a result of the extension of the\nmultiple mineralized structures\n \n \n \n \n Rouyn Noranda, QC -\n \n \n TheNewswire -\n \n \n June 5, 2023 -\n \n \n Granada Gold Mine Inc.\n \n \n (TSXV:GGM) (OTC:GBBFF) (Frankfurt:B6D)\n \n \n (the\n“\n \n \n Company\n \n \n ” or “\n \n \n Granada\n \n \n ”)\n \n \n is pleased\nto announce additional results from its Granada Gold Mine project with\nmultiple new gold assays from its GR-21-14 deep hole. The hole,\ndrilled to a total length of 2004 meters, intersects multiple\nhigh-grade gold zones.\n \n \n \n \n Step-Out Deep Drill Hole\nHighlights:\n \n \n \n \n \n \n from 1209.8 meters down hole, 12.7 grams per tonne gold\nover 1.5 meters (duplicate #1: 13.47 grams per tonne, duplicate #2:\n10.82 grams per tonne gold).\n \n \n \n \n \n \n from 1239.9 meters down hole, 4.6 grams per tonne gold\nover 1.0 meters (duplicate #1: 5.01 grams per tonne gold, duplicate\n#2: 8.03 grams per tonne gold).\n \n \n \n \n \n \n from 1267.9 meters down hole, 5.5 grams per tonne gold\nover 0.8 meters (duplicate #1: 4.14 grams per tonne gold).\n \n \n \n \n \n \n from 1326.5 meters down hole, 2.41 grams per tonne gold\nover 0.75 meters.\n \n \n \n \n \n \n from 1835.8 meters down hole, 6.42 grams per tonne gold\nover 0.6 meters.\n \n \n \n \n \n \n “\n \n \n The step-out\ndeep hole on the north edge of the Granada Mine property was a\nhigh-risk drill target that confirmed gold grades increase with depth\nand proximity to the Cadillac Break which is the source of many\nmulti-million-ounce gold deposits,” commented Frank J. Basa, P.Eng.,\nCEO.\n \n \n \n \n The Cadillac Break, which borders the Granada Mine\nProperty to the North, has produced many multi-million-ounce gold\ndeposits.\n \n \n Mineralized material typically extends\nbelow two kilometers on the Cadillac Break and can be economically\nmined. Macassa Gold Mine in Ontario and the Don Laronde Gold Mine in\nQuebec both operate below two kilometers from surface.\n ...