Granada Gold Mine Inc. V.GGM

Alternate Symbol(s): GBBFF

Metals & Mining Gold

Granada Gold Mine Inc. is a Canada-based junior mining and exploration company. The Company is engaged in developing and exploring its 100% owned Granada Gold Property near Rouyn-Noranda, Quebec, which is adjacent to the Cadillac Break. The Granada Gold Property is located five kilometers south of the mining community of Rouyn-Noranda, Quebec. The property includes the former Granada Gold underground mine. The Company owns about 14.73 square kilometers of land in a combination of mining leases and claims. This near-surface and underground gold deposit, with the added discovery of a Rubidium (alkali metal) deposit, is located 15 minutes from Rouyn-Noranda, Quebec.

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Granada Gold Mine Inc. > Rolling Start Reduces Dilution & Adds Value for Shareholders

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Post by Bradwaiton Mar 24, 2021 9:05am

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Post# 32865122

Rolling Start Reduces Dilution & Adds Value for Shareholders

The Company is in possession of all permits required to commence the initial mining phase known as the "Rolling Start", which allows the company to mine up to 550 tonnes per day, capable of producing up to 675,000 tonnes of ore over a 3-year period of time. Additional information is available at www.granadagoldmine.com.

This company has a massive advantage over other gold plays in that it can and likely will use existing mills in the area instead of having to build their own. This means the Rolling Start is extremely feasible and the overall project CAPEX is far lower than most other gold plays.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle