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Granada Hits From Surface, High-Grade Material of 7.67 g/t Au Over 15 Meters in Drill Hole GR-19-C on the Extended LONG Bars Zone
ROUYN NORANDA, QC, Nov. 6, 2019 /CNW/ - Granada Gold Mine Inc. (TSXV: GGM) (the "Company" or "Granada") is providing ongoing results from its latest drill progr
About this update from Granada Gold Mine Inc.
[{"type":"text","content":" ROUYN NORANDA, QC, Nov. 6, 2019 /CNW/ - Granada Gold Mine Inc. (TSXV: GGM) (the \"Company\" or \"Granada\") is providing ongoing results from its latest drill program at its 100% owned Granada gold deposit in Rouyn-Noranda. GR-19-C intersected a high-grade zone with 7.67 grams per tonne gold over fifteen meters of core length from near surface on the extended LONG Bars zone. Results are pending for GR-19-A, for high-grade verifications. Highlights and key findings: Hole Name from to length gold GR-19-C 18.5 33.5 15 meters 7.67 grams per tonne GR-19-B 0.0 6.0 6.0 meters 3.41 grams per tonne The mineralized zone is composed of smoky quartz veins adjacent to a porphyry dyke intruded by multiple quartz veinlets south of the altered sheared conglomerate. \"These preliminary results highlight the potential of near-surface, high-grade mineralization and continue to support higher grades that are in line with historic production grades of 8 to 10 grams per tonne gold when it was mined in the 1930s from the two shafts. The Company's earlier drill programs were designed to define structures. Drill holes intersected the mineralized structure perpendicularly. This recent program was designed to unlock the higher-grade potential of mineralized intersections near surface identified from previous drill holes,\" said Frank J. Basa, P.Eng., Granada's President and Chief Executive Officer. Qualified Person The technical information in this news release has been reviewed by Claude Duplessis, P.Eng., GoldMinds Geoservices Inc. member of Quebec Order of Engineers and a qualified person in accordance with National Instrument 43-101 standards. Quality Control and Reporting Protocols Assays are uncut except where indicated. True length is not known at present time. A detailed table of drill results will be disclosed once received, validated and interpreted. All NQ core assays reported were obtained by either one-kilogram screen fire assay or standard 50-gram fire assaying AA (atomic absorption) finish or gravimetric finish at (i) ALS Laboratories in Val d'Or, Que., Thunder Bay, Ont., Sudbury, Ont., or Vancouver, B.C. The screen assay method is selected by the geologist when samples contain visible gold. All samples are also analyzed for multi-elements, using an aqua regia-ICP-AES (inductively coupled plas...