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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 dz20854on May 27, 2013 5:27pm
352 Views
Post# 21446791

$52,400 environmental fines & costs?

$52,400 environmental fines & costs?

"The mining company Gold Bullion Rouyn-Noranda was convicted under environmental law. On 2 April 2013 the company Gold Bullion Development Corporation inc. Rouyn-Noranda, was convicted of 18 offenses under the Act on the quality of the environment. Between December 1, 2006 and May 14, 2007 in Rouyn-Noranda, the company is the holder of an authorization issued September 21, 1999 and amended on July 24, 2007, failed to comply with the conditions, ie: not submitting the results of sampling, not to have water samples in the final effluent, have exceeded the maximum concentration of cyanide (CN), zinc (Zn), copper (Cu) and nickel (Ni) snapshots in final effluent samples and have exceeded the maximum cyanide concentration at the entrance of the pit # 1, contrary to sections 123.1 and 106 of the Act on the quality of the environment. The company Gold Bullion Development Corporation inc. was sentenced to pay a fine of $ 32,400 and must, in addition to court costs, pay prosecution costs incurred by the Department, in the amount of $ 20,000." https://www.hebdosregionaux.ca/abitibi-temiscamingue/2013/05/14/gold-bullion-na-pas-respecte-lenvironnement

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