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Granada Gold Mine Structural Interpretation Supports Additional Drill Targets

(TheNewswire)   Rouyn Noranda, Q.C. – TheNewswire - January 8, 2026 - Granada...

articleGranada Gold Mine Inc.January 8, 20263/company/granada-gold-mine-inc/news/granada-gold-mine-structural-interpretation-supports-additional-drill-targets
Granada Gold Mine Structural Interpretation Supports Additional Drill Targets

About this update from Granada Gold Mine Inc.

[{"type":"text","content":"Granada Gold Mine Structural Interpretation Supports Additional Drill Targets\n(TheNewswire)\n\n\n\n \n\n\nRouyn Noranda, Q.C. – TheNewswire - January 8, 2026 - Granada\nGold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the\n\"Company\" or \"Granada\") is pleased to provide a\nstructural interpretation provided by our geological consultants.\nHistorically, the Granada Gold Mine was mined through two shafts with\nan average gold grade of 9.7 grams per tonne from veins 1 and 2 with 3\nadditional veins (#2a, #3, and #5) identified. The Company has\ncompleted 126,000 meters of  drilling in 538 holes to date. With only\n20 percent of the 2 kilometer east-west mineralized structure\nexplored, and with the mineralized package being open to depth, the\npotential exists for more vein structures to be identified with\nfurther drilling. \n\n\n \n\n\nThe interpretation identifies the southern part of the\nproperty as showing a higher structural complexity based on all\ngeophysical and historical data, which extends eastwards and westwards\nthe length of the property. Further work is required on the northwest-\nand northeast-trending  faults and their relationship to the regional\n East-West trending structures.\n\n\n \n\n\nThe geological consultants further recommended to\ncreate an updated geological map for the property that integrates\nhistorical mapping, LiDAR and magnetic lineaments as well as compiling\nhistorical structural measurements into a database to  create a more\ncomplete structural framework to support an updated 3D model.\n \n\n\n  \n\n\nQualified person\n\n\n \n\n\nThe technical information in this news release was reviewed and\napproved by Matthew Halliday, P.Geo., Director of Granada Gold Mine\nInc., and member of the Ordre des Géologues du Québec, who is a\nQualified Person in accordance with National Instrument 43-101.\n\n\n\n \n\n\n\nMineral Resource Estimate\n\n\n\n \n\n\n\nOn August 22, 2022 the Company filed an updated NI\n43-101 technical report supporting the resource estimate update for\nthe Granada Gold project (Please see July 6, 2022 news\nrelease) reporting that the Granada\ndeposit contains an updated mineral resource, at a base case cut-off\ngrade of 0.55 g/t Au for pit constrained mineral resources within a\ncon...

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