Granada Gold Mine Demonstrates 2.7x Grade Uplift on Open-Pit Mineralization through Ore Sorting at Saskatchewan Research Council

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XRT Sorting Upgrades 2.93 g/t Feed to 7.87 g/t at 88 Percent Gold Recovery — Two-Thirds of Mill Feed Rejected as Waste Before Processing   Rouyn Noranda, Q.C. -  TheNewswire - April 28, 2026 - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or "Granada") is pleased to report results from an independent ore-sorting test program completed at the Saskatchewan Research Council ("SRC") that demonstrates a 2.7x gold-grade uplift on open-pit mineralization from the Granada deposit. A 500-kilogram sample of open-pit mineralization was tested using x-ray transmission ("XRT") and laser sorting; results indicate the mineralization is highly amenable to upgrading prior to milling, with material implications for project capital intensity, operating cost, and resource economics. “These results change the conversation around Granada. A 2.7x grade uplift with 88 percent gold recovery, and two-thirds of the material rejected as waste before it ever reaches the mill, redefines what this project costs to build and what it costs to run. The Saskatchewan Research Council’s independent confirmation gives us a defensible technical basis to advance the resource update and the project financing in parallel, rather than sequentially. We expect ore sorting to be a foundational element of the path from the current resource,” commented Frank J. Basa, P.Eng. Ontario, President and CEO of Granada Gold Mine Inc. Ore Sorting Highlights: XRT Sorting: head gold grade at 2.93 grams per tonne upgraded to 7.87 grams per tonne gold with an 88 percent recovery. Mass recovery of 32.7 percent with a waste rejection of 67.8 percent.  Laser Sorting (secondary modality): head gold grade of 1.22 grams per tonne upgraded to 5.13 grams per tonne gold with 41.5 percent gold recovery. Mass recovery of 9.9 percent with waste rejection of 90.1 percent.  Ore Sorting Benefits: Potential to expand economic resources by lowering the grade applied to open-pit mineralization  Reduced processing cost per tonne of contained gold, driven by smaller required mill throughput and lower energy and reagent consumption  Reduced plant capital intensity through smaller mill footprint and lower water and tailings infrastructure requirements  Reduced surface disturbance and tailings volume per ounce of gold produced, supporting permitting and community engage...

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