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Granada Gold Mine Inc. V.GGM

Alternate Symbol(s):  GBBFF

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.


TSXV:GGM - Post by User

Comment by 2008runon Jun 16, 2021 2:20pm
246 Views
Post# 33396151

RE:RE:NO ROLLING STALL BUT MORE DILUTION OVER AND OVER AGAIN

RE:RE:NO ROLLING STALL BUT MORE DILUTION OVER AND OVER AGAINand the games start over again, deja vue! Anothet 10 years of salaries, expenses, bonuses and options for management and  DILUTIONS for the shareholders and a ROLL BACK as BONUS:

GRANADA GOLD MINE GETS 10 YEAR EXTENSION ON MINING LEASE BM 852 AT THE GRANADA MINE PROPERTY AND TAKES 500 TONNE BULK SAMPLE

Granada Gold Mine Inc.'s mining lease BM852, which is 24.8 hectares, was renewed for another 10 years until 2030. This Lease is part of the current resource and is part of the past-producing underground mine which was mined at a grade of 9.7 grams per tonne gold. The renewal keeps the current 26 permits in good standing for mining and shipping to a custom mill and allows the taking of bulk samples of up to 500 tonnes.

The extension required the closure plan to be revised and triggered an increase in financial assurances which was completed and paid. Another revised closure plan with revised bond will be necessary once Granada property goes into production.

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