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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 Panison May 27, 2015 9:55am
230 Views
Post# 23768787

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sell the property

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Sell the propertythe aswer you are looking for

@lindam

The rolling start is still on the table but there is a schedule we wish to keep including the next stage of the development of the property.

In conjunction with the rolling start the plan was to carry on exploring to add at least another 1-2 million ounces. 

During the rolling start we were also to undertake the next stage of permitting which should take 2 years so we give it 3 years, anticipating for delays.

We never expected the current CA would be dragged out this long, the other permits were fairly fast in comparison, never expected the number of studies that we have been asked to undertake.

per/ F. Basa

Bullboard Posts