Granada Gold Mine Inc. · TSXV:GGM
Granada Gold Mine — Investor Presentation (November 2019)
20 slides from Granada Gold Mine's investor presentation, Nov 12, 2019
Slide 1: The Granada Gold Property in Quebec's Abitibi Region
Corporate Presentation November 12, 2019 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: Granada Gold – 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: Granada Gold – 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
Slide 6: Granada Gold: High-Grade Intersections
Granada Gold: High-Grade Intersections 2018 Drilling1 8.39 g/t Au over 6 metres in hole GR-18-03 (below pit) Including 12.41 g/t Au over 4.0 metres Including 45.7 g/t Au over 1.0 metre 5.45 g/g Au over 4 metres in hole GR-18-04 (Genesis discovery) Including 13.7 g/t Au over 1.5 metres Including 37.3
Slide 7: Granada Gold – 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
Slide 8: Granada Deposit Cross-Section
Granada Deposit Cross-Section Showing High-Grade Intercepts and Prospective Zone for Future Exploration1 Looking West (1) Composite Section TSX-V GGM OTC PK GBBFF FRANKFURT B6D 8
Slide 9: Granada Gold: Pit-Expansion Drill Targets
Granada Gold: Pit-Expansion Drill Targets Longitudinal Section Looking South Shallow-level drilling aimed at increasing resources Follow-Up Pit-Expansion Drill Targets TSX-V GGM OTC PK GBBFF FRANKFURT B6D 9
Slide 10: Granada Gold – Ready for Open-Pit Mining
Granada Gold – Ready for Open-Pit Mining 2019 Pit Constrained Resources (Blue): • 0.76 Moz gold (M&I) + 0.45 Moz gold (Inf.) • Reviewing plans leading to PEA and PFS for 80,000 to 100,000 ounce annual production 2014 Proposed Rolling Start Pits (Yellow): • Mining Permit In Place: 550 tpd • Ready for
Slide 11: Granada Gold – 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
Slide 12: Granada Gold – Low-Grade to High-Grade
Granada Gold – Low-Grade to High-Grade Metallurgical Testing Program* • Aimed at recovery of low-grade, halo-effect mineralization around main veins • Preliminary tests: high-grade gold concentrate with increased base metal credits • Testing program has been expanded • Focus on cobalt and nickel as
Slide 13: Share Structure
Share Structure Recent Share Price(1) $0.11 Market Cap $8,800,000 Shares Issued and Outstanding(1) 80,561,820 Warrants Outstanding 41,976,765 Options Outstanding 5,427,375 Fully Diluted 127,965,960 52 WEEK LOW AND HIGH $0.09 - $0.24 GGM Shareholders to Benefit from Dividends 3% net smelter royalty (
Slide 14: 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
Slide 15: 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
Slide 16: 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 17: Granada Gold – Near-Term Exploration Targets
Granada Gold – Near-Term Exploration Targets Proposed drill hole locations on magnetic map Future Activities Will Include: • Following up high-grade intersections around and below pit • Further Pit-Expansion in-fill drilling • Following up North Zone high-grade intersections • Geophysical surveys TS
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
Slide 19: Granada Gold – 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 20: Granada Gold – High-Grade Drill Results
Granada Gold – High-Grade Drill Results Recent exploration results – Not included in pit-constrained resources • 2018 drilling:1 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
Granada Gold Mine — Investor Presentation (November 2019) on 6ix