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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 tomgraniteon Mar 07, 2018 9:13pm
52 Views
Post# 27680040

RE:RE:RE:woke up last nite...and started crunching some numbers..

RE:RE:RE:woke up last nite...and started crunching some numbers..
lsjblade wrote:
I am not a mining expert, but I guess it will take the full year... all depending on the results. if we get 6.5 to 7 g/t results, I expect that it will take less time then 1.2 g/t results. maybe our mining executive can help us out with this equation... F.J ?


The grades are totally immaterial to the category of classification. In order to move from inferred to indicated, you have to drill at closer intervals. It will require a lot of drilling and they don't have the cash.
Bullboard Posts