Granada Gold Mine Inc. · TSXV:GGM
Granada Gold Mine — Investor Presentation (July 2021)
23 slides from Granada Gold Mine's investor presentation, Jul 12, 2021
Slide 1: Corporate Presentation: The Granada Gold Property
Corporate Presentation July 12, 2021 THE GRANADA Premier Exploration and Development GOLD PROPERTY Project on the Prolific Cadillac Trend in Quebec’s Abitibi Region www.granadagoldmine.com TSX-V GGM OTC PK GBBFF FRANKFURT B6D
Slide 2: Disclaimer – Cautionary Statements
DISCLAIMER – Cautionary Statements No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Cautionary Note Concerning Forward-Looking Statements. This presentation includes certain “forward-looking statements”. All such sta
Slide 3: Granada Gold: World-Class Mining District
Granada Gold: World-Class Mining District Cadillac Break Trend: NW Quebec, >75 million ounces gold produced in past 100 years Highly Prospective Geology: Gold at surface and underground, simple metallurgy Infrastructure-Rich: Proximity to 10 gold mills, established mining labour market, electrical g
Slide 4: Underexplored Beyond Pit Resources
Granada Gold – Underexplored Beyond Pit Resources Located adjacent to the prolific Cadillac Break shear zone, hosted in Pontiac metasedimentary rocks and granitic sills along the Granada Shear Zone (“LONG Bars” Zone) North Zone East Extension Bulk Sample 1938 Grab Samples 1940 Avg. 7.0 oz Au/T Up to
Slide 5: Native Gold Frequently Observed at Granada
Native Gold Frequently Observed at Granada Bulk sampling activity June 2020 Example of native gold discovered TSX-V GGM OTC PK GBBFF FRANKFURT B6D 5
Slide 6: Significant Growth Potential
Granada Gold – Significant Growth Potential Exploration • Excellent expansion potential beyond current resource estimate • Numerous targets identified via magnetic survey and where past drilling intersected high-grade gold zones • In-fill drilling near and below current pit • Genesis target area to
Slide 7: Recent Developments
Granada Gold – Recent Developments Resource Update January 2021 • Resource estimate shows the potential for extensive custom milling as well as for an on-site mill • Estimate derived from near-surface drilling over 2 km of an east-west 5.5 km mineralized structure • Drilling underway to expand resou
Slide 8: Gold Resources by Grade
Granada Gold – Gold Resources by Grade Isometric View Looking South-southeast Showing the Block Model of Granada Deposit Updated Mineral Resource by Grade, and its Whittle Pit ➢ Source: Granada Gold Mine News Release January 29, 2021. Resource estimate by SGS Canada: Yann Camus P.Eng. SGS Canada, Is
Slide 9: Open Pit and Underground Estimates
Granada Gold – Open Pit and Underground Estimates Updated Mineral Resource Estimate Base Case with Details Between the Open Pit Portion and the Underground Portion Parameter Value Unit Gold Price 1600 US$ per oz Exchange Rate 0.76 US$ : 1 CA$ Pit Slope 50 Degrees Open Pit Mining Cost 6.00 CA$ per to
Slide 10: 2020 Under the Pit Drill Results
Granada Gold – 2020 Under the Pit Drill Results Below-pit drilling: • Drill hole data under the pit demonstrate Granada’s underground potential • 107.8 g/t gold over 4.00m in GR-20-21 from 617.40 to 621.40m • 5.64 g/t gold over 6.86m in GR-20-10 from 364.64 to 371.50m including 20.40 g/t over 1.5m •
Slide 11: 2020 Near-Surface Drill Results
Granada Gold – 2020 Near-Surface Drill Results Near-surface drilling: • Drill results from the 100- series near-surface drill program targeting Vein 1 • Holes drilled to intersect veins uncovered by stripping and to follow high-grade corridor • 3.66 g/t gold over 26.5m in hole GR-20-110 including 13
Slide 12: High-Grade Intersections
Granada Gold High-Grade Intersections Showing High-Grade Intercepts and Prospective Zone for Future Exploration1 Looking West (1) Composite Section TSX-V GGM OTC PK GBBFF FRANKFURT B6D 12
Slide 13: Deposit Characteristics
Granada Gold – Deposit Characteristics Gold mineralization in east-west trending veins and stringers, outcropping at surface Free gold at vein margins or within fractures of coarse veins and sulphides Current In-Pit Resource based on 873 drill holes totaling 116,863 meters Pit is in 2-km LONG Bars z
Slide 14: Pre-Concentration Testing
Granada Gold – Pre-Concentration Testing Results Test work by Gekko in Australia in 2021 on low-grade mineralized waste material from the Granada deposit showed the following positive results: • Three gravity concentration processes used in the tests produced an average pre-concentration grade of 1.
Slide 15: Rare Earths Discovery
Granada Gold – Rare Earths Discovery High Value Rare Earth and Alkali Metals • Significant discovery of Scandium (Sc), Rubidium (Rb) and Cesium (Cs)* • Other metals present in varying concentrations include: zirconium, barite, cobalt, gallium, hafnium, magnesium, manganese, strontium, tungsten, vana
Slide 16: Share Structure
Share Structure Recent Share Price(1) $0.15 Market Cap $18,000,000 Shares Issued and Outstanding(1) 122,577,826 Warrants Outstanding ($0.12 - $0.28) 33,642,140 Options Outstanding ($0.10 - $0.40) 7,508,625 Fully Diluted 163,728,591 52 WEEK LOW AND HIGH $0.09 - $0.34 GGM Shareholders to Benefit from
Slide 17: Management
Granada Management Frank J. Basa, P.Eng., President, CEO & Chairman • 30 years of experience globally in mine development and hydro-metallurgical engineering with expertise in milling, gravity concentration, flotation, leaching and refining of precious and base metals. Claude Duplessis, Eng, Project
Slide 18: Board of Directors
Granada Board of Directors Frank J. Basa, P.Eng., President, CEO & Chairman • 30 years of experience globally in mine development and hydro-metallurgical engineering with expertise in milling, gravity concentration, flotation, leaching and refining of precious and base metals. .Jacques F. Monette, D
Slide 19: Contact Information
Contact Information Frank J. Basa, P.Eng. Head Office (Administration) President, CEO and Chairman Granada Gold Mine Inc. Phone: 819-797-4144 2875 Ave Granada Rouyn-Noranda, Quebec J9Y 1J1 Email: fbasa@granadagoldmine.com Phone: 819-797-4144 Fax: 819-762-2306 www.GranadaGoldMine.com TSX-V GGM OTC PK
Slide 20: History
Granada Gold – History 1930s production: 51,476 oz Au from 181,744 tons at 9.7 g/t Au and 1.5 g/t Ag GGM acquired Granada property in 2006 and accumulated adjacent property Conducted 140,000 tonnes bulk sample Conducted exploration drilling (>90,000m) mostly near mine shafts 2012 Resource Estimate a
Slide 21: 2018 Trenching at Aukeko
Granada Gold – 2018 Trenching at Aukeko Former Aukeko mine site on Granada property is highly prospective for exploration 1938 bulk sample tested 240 g/t Au(1) Exploration objective at Aukeko • Expand exploration of extended LONG Bars zone on strike going east to test the remainder of the unexplored
Slide 22: High-Grade Intersections (2019 drilling)
Granada Gold: High-Grade Intersections 2019 drilling: • 6 holes focused on testing the continuity between the mineralized intersections of previous drill holes on the extended LONG Bars Zone • Coarse, native gold observed in drill core • Drilling discovered unexpected near-surface, high-grade minera
Slide 23: High-Grade Intersections (2018 drilling)
Granada Gold: High-Grade Intersections 2018 drilling: • Tested magnetic anomalies in 2 areas and discovered new gold zones • Discovered significant high-grade gold intersections at depth along strike in down- dip mineralization continuity below pit-constrained resources 8.39 g/t Au over 6 metres in
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