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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 Apr 01, 2012 12:56pm
240 Views
Post# 19744984

RE: RE: RE: RE: RE: Block Model

RE: RE: RE: RE: RE: Block Model

Geer, you may be correct.  Let us look at the second last paragraph page 1

Near surface, the company is in the exploration range for low-grade deposits of 10 to 20

ounces per mtr drilled etc etc  The Company is using this rule of thumb and expects to be in

the lower range for the LONG Bars Zone of which overall approximately only 10 percent

has been explored thus far. 

One needs to be a geologist to interpret this.  We know the 471 near surface holes were

the Block model.  The two words Near Surface is that the key?????

 

 

Bullboard Posts