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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 oscar1412on Apr 17, 2012 1:14pm
362 Views
Post# 19803437

RE: RE: RE: Heyirish

RE: RE: RE: Heyirish

Didn't the Company's news release say they were looking for two of the five veins at a grade of 3 g/t or greater over a width of 3 m or greater.  Presumably this will be economic to mine.

If you look at hole 390 they more than meet that requirement.  That statement was approved by Claude Duplissis of SGS so we can assume if they hit that then we will be OK.

It sounds like we have hit way more width than we were expecting as hole No. 3 was deepeened.  All we can do is wait for the drill results.  There is always a possibility they could be way better than expected. 

Bullboard Posts