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Granada Gold Mine Proceeds with Metallurgical and Environmental Studies for On-Site Milling at Granada
(TheNewswire) Rouyn Noranda, Q.C. - TheNewswire - November 15, 2021 -...
About this update from Granada Gold Mine Inc.
[{"type":"text","content":"Granada Gold Mine Proceeds with Metallurgical and Environmental Studies for On-Site Milling at Granada \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Rouyn Noranda, Q.C. -\n \n \n TheNewswire\n-\n \n \n November 15, 2021 -\n \n \n Granada Gold Mine Inc. (TSXV:GGM) (OTC:GBBFF) (Frankfurt:\nB6D) (the “Company” or “Granada”)\n \n \n is\npleased to announce that it has engaged SGS Canada for metallurgical\nand environmental studies for on-site milling at its Granada project\nnear Rouyn-Noranda, Que\n \n \n \n \n The studies will be used for the planned application to\nmodify the Company’s existing Quebec Certificate of Authorization,\nwhich currently allows for the open-pit mining of 8,000 tonnes per day\nat the property and the custom milling of 550 tonnes per day (200,000\ntonnes per year) at a local mill.\n \n \n \n \n Granada President and CEO Frank J. Basa, P.Eng.,\nstates: “Earlier this year the historical open-pit resource of 1\ngram/tonne at Granada was recalculated to 2 grams per tonne open pit\nand 4 grams per tonne underground. More recently, we completed 30,000\nmeters of an in-fill drill program that includes the 100 and 200\nseries drill holes, with the results indicating there is more gold in\nthe mineralized structures than defined by the historical 120,000\nmeters of drilling. The combined potential impact of these\ndevelopments is a positive change in the processing economics of the\nproject. We have therefore decided to begin the process for amending\nthe existing permits to enable on-site milling at Granada.”\n \n \n \n \n SGS Canada will be testing ore processing with the\naddition of calcite with gravity and cyanidation of gravity tails,\n \n \n as well as processing the ore by gravity and\nflotation for production of gold sulfides concentrates.  The studies\nare expected to begin in November 2021.\n \n \n \n \n Since the Granada 43-101 mineral resource estimate was\nlast updated, the Company has completed 30,000 meters of a planned\n120,000-meter drill program. An update of the estimate to include the\nlatest drill results is planned for Q1 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 shear zone, which is hosted in Pont...