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Granada Gold Mine Prepares to Extract Bulk Sample on Extension of High-Grade Zone on Mining Lease BM 813 in 2022
(TheNewswire) Company has begun preparation for drilling and blasting for the...
About this update from Granada Gold Mine Inc.
[{"type":"text","content":"Granada Gold Mine Prepares to Extract Bulk Sample on Extension of High-Grade Zone on Mining Lease BM 813 in 2022 \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Company has begun preparation for\ndrilling and blasting for the extraction of new bulk sample on\nmineralized zone on BM 813\n \n \n \n \n Rouyn Noranda, Q.C. -\n \n \n TheNewswire\n-\n \n \n December 8, 2021 -\n \n \n Granada Gold Mine Inc. (TSXV:GGM) (OTC:GBBFF) (Frankfurt:B6D)\n(the “Company” or “Granada”)\n \n \n is pleased\nto announce that it has initiated stripping of overburden and block\nsorting of historical broken mineralized material on mining lease BM\n813 as part of its ongoing work to assess the grade on the structure\nEast of former open pit #1.\n \n \n \n \n Based on high-grade drill results, both down-dip within\nthe structure and across the structure (see Press Release September 7,\n2021 for detailed assay results), the company initiated the sorting\nand relocation of broken, mineralized material on mining lease BM 813\nin September 2021. This work should enable extraction and sampling of\nthe mineralized structures which links to the structure on the mining\nlease BM 852 where a previous bulk sample was taken 250m to the East\n(see Press Release June 16, 2021).\n \n \n \n \n The ongoing stripping is expected to continue until the\narea is free of overburden. The second phase, consisting of cleaning\nthe surface with a smaller excavator, will follow in spring to early\nsummer of 2022.\n \n \n \n \n Granada President and CEO Frank J. Basa, P.Eng.,\nstates: “The company is working on multiple fronts to enable\ndevelopment of its Granada asset. A portion of 500 tonnes of the\nmineralized material blasted on lease BM 852 has been shipped to the\nTTL laboratory in Cobalt, Ontario to assess the free gold content and\nthe grade of the mineralization. This should allow the company to make\ncomparisons to the adjacent drill results and the latest Mineral\nResource block model from SGS Geostat. We are looking forward to\nhaving preliminary results from that extraction. The company will do\nthe same for the structure on lease BM 813 in 2022”.\n \n \n \n \n Location\n \n \n \n \n The Granada Gold project is located in an established\nmining district 5 km south of Rouyn-Noranda adjacent to the prolific\nCadillac Break she...