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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
Comment by steadfaston Mar 27, 2012 4:42pm
281 Views
Post# 19724806

RE: M&MM

RE: M&MM

Killing Machine:

When you refer to the first re being a conservative, hopefully you mean 500,000 ozs M&I, so

they have something to take to an institution for a loan to be repaid in gold bullion, but surely

there will be a # for inferred ounces in addition.  Joakim has estimated 2-2.5M ozs, so

that could mean 2M ozs inferred.  Do you agree?

OSK first 43-101 inferred resoure was 6.54-6.59 M oz, cut off grade of 0.5 g/t from 41,720 mtrs

of drilling completed by end of August 2006.  43-101 released Dec 6, 2006

GBB first 43-101 will be from 56,315 mtrs of drilling.

Bullboard Posts