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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 Sep 03, 2012 1:55pm
403 Views
Post# 20311693

Blue Sky Potential

Blue Sky Potential

For investors that were around in 2010, we were often reading of The Blue Sky Potential of

Granada, Bullmarketrun wrote this phrase month after month.  The Aug 30 NR indicates it is

becoming a reality:

1.  The expanded LONG Bars Zone represents potentially one of the largest undeveloped gold

      deposits along the Cadiallac trend.

2.  These drill results continue to confirm specific high-grade zones at depth with thickness and

     grade SUITABLE FOR U/G MINING.
3.  Deep drilling has expanded the mineralization by 650 mtrs to North and an additional 600 mtrs

     in depth, remains wide open for expansion.

4.  Drill results from backlog of drilling done in 2011 and recent shallow drilling to west will be

     released shortly.  These results will further expand the LONG Bars Zone on strike with full

     implications thereof, in terms of the expansion of the gold resource.

5.  Drilling results that continue to return measurable gold mineralization in over 90% of drill holes.

It sure sounds Blue Sky Potential is happening to me.

Happy Labour Day to All.

 

Bullboard Posts