Granada Gold Mine Inc. · TSXV:GGM

Granada Gold Mine — Investor Presentation (August 2024)

28 slides from Granada Gold Mine's investor presentation, August 2024

  1. Slide 1: Corporate Presentation August 2024

    Corporate Presentation August 2024 Premier Exploration and Development Project on Prolific Cadillac Trend in Quebec’s Abitibi Region granadagoldmine.com TSX-V GGM OTC PK GBBFF FRANKFURT B6D

  2. 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

  3. Slide 3: Gold Production & Uncertainties

    Global Gold Production Gold Production & Uncertainties Of the Top 10 Gold Producing Countries Canada is Very Low Risk ‘No Stress’ Water Region Highest Political Stability Canada is second lowest for Highest Regulatory Quality water stress. Mines face Low Corruption increasing water supply risk, thre

  4. Slide 4: Abitibi Greenstone Gold Belt: World Class Mining District

    Abitibi Greenstone Gold Belt World Class Mining District The Abitibi Region produces more gold than most gold producing COUNTRIES. Total gold content of the belt, including production, measured and indicated reserves and resources is more than 300 million ounces of gold, making it one of the world’s

  5. Slide 5: Golden Piece of Canada: History of the Abitibi

    Abitibi Greenstone Gold Belt Golden Piece of Canada HISTORY OF THE ABITIBI Since 1901, the Abitibi belt has been Canada’s greatest gold district creating over 100 mines and producing c. 200 million ounces of gold. Abitibi's mining history spans well over a century, yet gold and other minerals are st

  6. Slide 6: Continuously Strong Production: The Cadillac Fault

    Abitibi Greenstone Gold Belt Continuously Strong Production THE CADILLAC FAULT Ongoing exploration and gold deposit discovery since 1901 Abitibi Belt, Quebec, Canada 140 Major One of the most fertile Archean 120 Discoveries and structures in the world First Discovery operations at Ansil, Doyon, 100

  7. Slide 7: Development Along the Fault

    Granada Gold Development Along the Fault Cadillac Break Highly Prospective Infrastructure Experienced Trend Geology Rich Management Team NW Quebec, >75 million Gold at surface and Proximity to 10 gold mills, Metallurgy, milling, ounces gold produced underground, simple established mining labour geol

  8. Slide 8: 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) 8 granadagoldmine.com TSX-V GGM OTC PK GBBFF FRANKFURT B6D

  9. Slide 9: Native Gold Frequently Observed at Granada

    Granada Gold Native Gold Frequently Observed at Granada Example of Native Gold Discovered Bulk Sampling Activity granadagoldmine.com TSX-V GGM OTC PK GBBFF FRANKFURT B6D 9

  10. Slide 10: Significant Growth Potential

    Granada Gold Significant Growth Potential Exploration • Excellent expansion potential 80% • Targeting 2.5 to 3 million ounces gold of the property remains • Near-term 20,000m drilling target has estimated unexplored potential tonnage range of 18.5 to 25 million tonnes with a gold grade range of 3.8

  11. Slide 11: Developments

    Granada Gold Developments Recent 30,000m drill program generated major increase in resources Gold Inferred Resources +21% 456.0K oz Gold Measured + Indicated Resources +71% 543.0K oz Exploration Potential • Excellent potential to add gold resources East and North of established resource area, and at

  12. Slide 12: Developments: Bulk Sampling

    Granada Gold Developments Bulk Sampling • Two 500-tonne open-pit bulk samples graded higher than the 2.05 M+I resource estimate grade. • First of these graded an average 4.33 g/t Au and a second sample returned an average 3.95 g/t Au. • A previous 1,220 Kg grab sample from Vein No. 1 returned 55.56

  13. Slide 13: Developments: Granada Mineral Resource

    Granada Gold Developments 6000000 5 Measured GOLD GRADES 4.71 4.5 5000000 4 Indicated 3.5 Inferred 4000000 3 3000000 2.57 2.5 2 2000000 1.70 1.5 1 1000000 0.5 0 0 Measured Indicated Granada Mineral Resource (as of June 23 2022) Inferred Cut Off Classification Type Tonnes Au (g/t) Tonnes Au (g/t) Gol

  14. Slide 14: Gold Deposit Characteristics

    Granada Gold Gold Deposit Characteristics Current In-Pit Resource based on Pit is within 2km LONG Bars 873 drill holes totalling zone, part of potential 116,863 meters 5.5km structure 100,000 6 90,000 Historical Bulk Samples taken 5.17 from surface pits 5 94.9% 94.7% 80,000 70,000 4 60,000 3.46 tonn

  15. Slide 15: Full Value Mining

    Granada Gold Full Value Mining Using all parts of the mining process Value per tonne of gold-mineralized material at a grade of 2 grams per tonne gold is $211.30 Canadian dollars. Value of one tonne of gravel classed as 0 inches to 0.75 inches is $36.00 Canadian dollars. $211.30 1 tonne gold- Per 9

  16. Slide 16: Nearby Resources

    Granada Gold Nearby Resources 2,5 00.0K 7 6.08 6 2,173.0K 2,0 00.0K 5.18 5 1,5 00.0K 4 1,202.0K 3 1,0 00.0K 2 2.05 1.7 2 1.44 238.1K 1.13 500 .0K 543.0K 1 48.2K 7.6K 76.0K 0.0 K 0 Agnico Eagle Yorbeau Inc Yorbeau Inc Granada Ressources Falco Hecla Quebec Hecla Quebec 700 00000 0.2 8 Gold Ounces 0.23

  17. Slide 17: Share Structure

    Granada Gold Share Structure Recent Share Price $0.03 Market Cap $4,740,000 Shares Issued and Outstanding 158, 830, 725 Warrants Outstanding ($0.05 - $0.28) 43,649,498 Options Outstanding ($0.05-$0.14) 2,650,000 Fully Diluted 205,130,223 52 WEEK LOW AND HIGH $0.01-$0.05 GGM Shareholders to Benefit f

  18. Slide 18: Golden Impact

    Golden Impact Water and air monitoring installed and operating 480,000-tonne historic waste rock dump material screened and processed, re- used to stabilise drill trails, minimise soil damage, and improve recreational trails Voluntarily moved recreational trails to allow local users to continue usin

  19. Slide 19: Contact Information

    Granada Gold Contact Information Frank J. Basa, P.Eng. Head Office (Administration) President, CEO and Chairman Granada Gold Mine Inc. Phone: 416-625-2342 2875 Ave Granada Email: frank@groupomoje.com Rouyn-Noranda, Quebec J9Y 1J1 Phone: 819-797-4144 Fax: 819-762-2306 GranadaGoldmine.com granadagoldm

  20. Slide 20: Appendix

    APPENDIX 20 granadagoldmine.com TSX-V GGM OTC PK GBBFF FRANKFURT B6D

  21. Slide 21: Pre Concentration Testing

    Granada Gold Pre Concentration Testing Results • Test work on low-grade mineralized waste material showed the following positive results: • Three gravity concentration processes used in the tests produced an average pre-concentration grade of 1.16 g/t Au with a 47% gold recovery • Sample’s calculate

  22. Slide 22: Developments: Discovery of Alkali Metals

    Granada Gold Developments Unexpected Discovery of Alkali Metals in early 2021 • Canadian-based deposit is near surface and at depth – located above underground gold veins in the northern part of the property • Rubidium carbonate is used in EV lithium-ion and sodium-ion batteries • 99% of rubidium wa

  23. Slide 23: Optimized Open Pit

    23 ; a % 4 2 4 7 a iA H Isometric View Looking South-Southeast with Block Model and drill holes. 0.55 g/t Au cut-off grade inside the pit and 2.5 g/t Au cut-off grade under the pit. ti Optimized Open Pit > Source: Granada Gold Mine News Release July 6, 2022. Resource estimate by SGS Canada: Yann Cam

  24. Slide 24: Isometric View Showing Drill Holes and Thin, Rich Veins Model

    Isometric View Looking South-Southeast Showing the Drill Holes, and the Thin, Rich Veins Model (107 wireframes) . 4 _ eG vy i =e % a ei ‘onl fh 8 PR OF > Source: Granada Gold Mine News Release July 6, 2022. Resource estimate by SGS Canada: Yann Camus P.Eng. SGS Canada, Is the independent qualified p

  25. Slide 25: Resource Estimates for Gold

    Granada Gold — Resource Estimates for Gold GM Updated Gold Mineral Resource - Combined Open Pit and Underground GRANADA jOLD MINE Granada Mineral Resource - As of June 23, 2022 Gold CutOff Classification Type Tonnes Au (g/t) Ounces Measured InPit+UG | 4,900,000 1.70 269,000 Indicated InPit+UG | 3,32

  26. Slide 26: Granada Pit-Constrained Mineral Resources Estimate

    26 Granada Gold — Resource Estimates for Gold — 2 GM GRANADA Updated Mineral Resource - As of June 23, 2022 GOLD MINE Granada Pit-Constrained Mineral Resources Estimate CutOff Classification Type Tonnes Au (g/t) Gold Ounces Measured! InPit 4,840,000 1.68 261,000 Indicated InPit 2,440,000 2.09 164,00

  27. Slide 27: High-Grade Intersections

    Granada Gold High-Grade Intersections enter " Showing Pit, High-Grade Intercepts and Prospective Zone for Future Exploration S°-°"NE 22a 4 : £ 4 £3 ae a EL LBB PP a Pb bb ib i bi ids 3 3 $3 3 ¢---- (1) Composite Section. As of July 2023. TSX-V GGM OTC PK GBBFF FRANKFURT B6D 13

  28. Slide 28: Rubidium Zone

    Granada Gold Rubidium Zone GM GRANADA Showing Cross-Section of Rubidium Intercepts by Grade — Looking West pre fT? ie a BF ang Section of the Current Rb Model 28 how Pd 20 * o_o = f re — _ 2-400 ie / on 1-99.00 <=Rb<0.00 | / Kf [3000 <= Rb < 50.00 Soe | BIBI) 50.00 <= Rb < 100.00 3-100 HII 100.00 <=

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