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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 Jan 13, 2011 11:49pm
480 Views
Post# 17970448

BMR

BMRI think BMR could be bang on that an update is coming pretty soon as it would make sense right before the Vancouver Investment Conference at the end of the month.  Just by looking at the dates of the last NR's and time between each reporting of drill results I'd say we're definitely due for something.

Drilling starts May 1st

July 29 - Best Assay Results to Date From Granada

42 days later

September 9- Geological Interpretation of Granada Evolves After 18,000 Metres of Drilling

61 days later

November 9 - Gold Bullion Intersects High Grade Mineralization In Eastern Extension

10 days later

November 19 - Significant Mineralization North and Southeast of Block Model

For argument's sake we'll group together the Nov 9th and Nov 19th NR's in terms of amount of time gone by between drill results are reported.  The first time it took 42 days before the next drilling update, the next time 61 days and since November 19th it's been 55 days since the last results were reported.  I wouldn't be surprised at all to see an NR next week as next Thursday would mark the longest period since drill results reported in our Phase 2 Campaign if still no updates. 


Bullboard Posts