info from reference below:
1.6 M / 164000 = 9.8 g/t historical 50,000? oz then a fire stops production then baby mill production 11,000 oz? then money issues and low POG.
PEA then PFS show various grade scenarios.
Drill intercepts look interesting .
20%? of the property that has been explored.
Looking forward to the deeper drilling
from ;
SABINA, A.P. (2003): Rocks & Minerals for the collector; Kirkland Lake - Rouyn-Noranda - Val d'Or, Ontario & Quebec. GSC Misc. Report
"Granada mine
NATIVE GOLD, ARSENOPYRITE, PYRITE, GALENA, SPHALERITE, PYRRHOTITE, CHALCOPYRITE, MOLYBDENITE, TOURMALINE, JASPER
In conglomerate, greywacke, and syenite porphyry
Coarse native gold occurred with chlorite and sericite in fractures in quartz veins. The most abundant metallic minerals were pyrite and arsenopyrite. Minor amounts of galena, sphalerite, pyrrhotite, chalcopyrite, and molybdenite were present in the ore. The veins consisted chiefly of quartz with minor carbonates, chlorite, sericite, and black tourmaline. The conglomerate in the mine area contains jasper fragments.
Thomas Bathurst staked the property for Robert C. Gamble and W.A. Gamble in 1922 during the Rouyn prospecting rush. In 1923, the Gambles discovered gold-bearing veins. The deposit was regarded as the most important discovery of the early days of the Rouyn-Noranda camp. Granada-Rouyn Mining Company Limited (name later changed to ‘Granada Gold Mines Limited’) began underground exploration in 1927. Three years later the mine became the first gold producer in the Rouyn-Noranda camp. Production ended in 1935 when a fire destroyed the mill and mine buildings. Development consisted of No. 1 shaft to 191 m and No. 2 Shaft to100 32 D/3 Rouyn 517 m. Production amounted to 1 601 058 g of gold and 248 824 g of silver, from 164 783 t of ore.KWG Resources Inc. carried out open-pit mining from 1992 to 1994 and produced 355 kg of gold. One pit is near No. 1 shaft, another is 100 m east of No. 2 shaft ..."