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Granada Gold Mine Inc V.GGM

Alternate Symbol(s):  GBBFF

Granada Gold Mine Inc. is a Canada-based junior natural resource company. The principal business of the Company is the acquisition, exploration and development of mineral property interests. 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 from a combination of mining leases and claims. The Granada deposit is a quartz-vein mesothermal gold deposit hosted by late Archean Timiskaming sedimentary rock and younger syenite porphyry dykes.


TSXV:GGM - Post by User

Bullboard Posts
Post by taylor1988on Nov 06, 2010 11:52am
537 Views
Post# 17668589

Intercepts

InterceptsRIchfield Ventures - RVC has been conducting drilling since last year and has completed over 45,000 metres of drilling and is looking to establish a 43-101 by the end of this year. 

RVC was sitting at
.90 cents earlier this summer and some encouraging drill results have propelled the stock to $3.30 on Friday with intercepts simply between 1-2.5 g / t in some deeper holes. 

Sept 2 - 280 m of 1.4 g/t, including 31 of 5 g/t.

September 28 - 199 m at 1.47 g/t au, 66 m at 2.24 g/t au.

October 20th - 171 m at 1.04 g/t au

Nov 2 - 115 m at 2.59 g/t au, 57 m of 4.9 g/t au

All RVC is doing is proving up significant tonnage on its Blackwater project in BC, some nice intercepts such as the last NR helped to send the SP skyrocketing up 50 cents in a day but other than the Nov 2 NR, all these other results are simply decent results and nothing truly bonanza.  If we can get back any holes like these which I don't think is asking too much with the VG we've encountered I think we see a rush for our shares.
Bullboard Posts