Granada Gold Mine Inc. · TSXV:GGM

Granada Gold Mine — Investor Presentation (August 2020)

19 slides from Granada Gold Mine's investor presentation, Aug 12, 2020

  1. Slide 1: The Granada Gold Property in Quebec's Abitibi Region

    Corporate Presentation August 12, 2020 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

  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: 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

  4. 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

  5. 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

  6. Slide 6: Significant Growth Potential

    Granada Gold – Significant Growth Potential Exploration • Excellent expansion potential beyond current in-pit resource estimate • Targeting an additional 1 – 2 million oz Au underground • Numerous targets identified via magnetic survey and where past drilling intersected high-grade gold zones • In-f

  7. Slide 7: Recent Developments

    Granada Gold – Recent Developments Exploration • Diamond drilling underway – 2 drills turning – results pending • Main focus is on the high-grade Vein No. 1 structure • Shallow drilling around the pit and deeper drilling underneath • 2019 results showed high-grade gold near the surface in a 500-mete

  8. Slide 8: Granada Gold: 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

  9. Slide 9: Granada Gold: 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

  10. Slide 10: Whittle Pits and Current Resources

    Granada Gold – Whittle Pits and Current Resources Legend Resource Measured Indicated Inferred CATEGORY TONNAGE AU G/T AU OZ Measured 12,637,000 1.02 413,000 Indicated 9,630,000 1.13 349,000 Total M+I 22,267,000 1.06 762,000 Inferred 6,930,500 2.04 455,000 ➢ Source: Granada Gold Mine News Release Feb

  11. Slide 11: Granada Gold Mine High-Grade Intersections

    Granada Gold Mine 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 11

  12. Slide 12: Deposit Characteristics

    Granada Gold – Deposit Characteristics Gold mineralization in east-west trending veins and stingers, 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 metres Pit is in 2-km LONG Bars zo

  13. Slide 13: Comparable Company Valuations

    Granada Gold: Comparable Company Valuations Market Valuation of Peers Conducting Exploration in the Abitibi Region1 52 WEEK LOW AND HIGH $0.09 - $0.23 Granada Gold is greatly undervalued compared with other exploration companies in the area (1) Approximate market capitalization as of July 3, 2020 as

  14. Slide 14: Share Structure

    Share Structure Recent Share Price(1) $0.25 Market Cap $24,400,000 Shares Issued and Outstanding(1) 97,761,820 Warrants Outstanding 30,983,422 Options Outstanding 6,402,375 Fully Diluted 135,147,617 52 WEEK LOW AND HIGH $0.09 - $0.34 GGM Shareholders to Benefit from Dividends 3% net smelter royalty

  15. Slide 15: Granada 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

  16. Slide 16: Granada 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

  17. Slide 17: 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

  18. Slide 18: Granada Gold – 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

  19. Slide 19: 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

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