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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 steadfaston Mar 26, 2012 11:40am
361 Views
Post# 19717875

I need clarification

I need clarification

Can someone please help me.  The chatter is that the 2nd 43-101 will be much larger than

the one expected this week.  Please show me the numbers, I must be missing something:

OSK drilled 6,846 holes for 789,707 mtrs x 10.89 ounces per mtr drilled = 8.6M ozs

Det   drilled 5,877 holes for 889,520 mtrs x 19.86 ounces per mtr drilled = 17.67M ozs

GBB drilled   321 holes for    56,315 mtrs x 10 est ounces per mtr drilled = 560,000 ozs

Next 43-101 will include

404 drilled less 321 reported = 83 holes for 22,685 x 10 est ozs              

 To be drilled                                    3 holes for    6,500 x 10 est ozs

Total                                                 86 holes       29,185 x 10 est ozs                 = 291,850 ozs

Now, please show me the numbers that are going to make the next report much larger?

Bullboard Posts