Granada Gold Mine Inc V.GGM

Alternate Symbol(s): GBBFF

Metals & Mining Gold

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.

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Granada Gold Mine Inc

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Comment by tomgraniteon Aug 11, 2017 2:00pm

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Post# 26572003

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Perfect day............

No word from Frank regarding milling or evalution of BOOT, from the NR of 6th March:

DRA and CCP's work will comprise several phases that can be progressed in parallel, culminating in a final technical and financial proposal to be provided to the Company in May 2017 including details of the feasibility study (FS) to be completed and an optimal financing strategy to complete the FS. The planned phases are:

Completion of a Techno Economic Trade Off Study ("TOS") comparing the two options from a financial perspective, with Granada Gold's assistance;
Completion of final CCP due diligence regarding the project;
Agreement on the scope and terms of the FS;
Determination of the level of investment from CCP in relation thereto; and
Agreement on the terms of a potential BOOT solution and its proposed implementation.