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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 sailtakeron Oct 14, 2019 11:13am
306 Views
Post# 30228240

From GGM forum

From GGM forum
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  •  edited October 13 Flag

    Does that mean the permitting process has to be restarted?
    Frank...good to hear your response to goldenjack.
    Would GGM ore be processed into a concentrate to reduce shipping costs to Cobalt?
    @sailtaker
    The permit is still in place for the 75,000 ounces near surface high grade gold.
    Yes, using a pre concentration process at the Granada mine site prior to trucking to the PolyMet plant is a good option to increase efficiencies and reduce costs.
    per/ F. Basa CEO

  •  
     edited October 13 Flag

    Frank, am I correct in thinking that you can use the re-20X to break down the material from the mine site and then ship the concentrated material to PolyMet and pour the precious metals from that?
    @kewi
    Not exactly, we are looking to incorporate the Re-2OX process into the PolyMet facility as noted in Thursday's news release.

    PolyMet is currently making inroads into the potentially lucrative e-waste business that can be leveraged through Canada Cobalt, its extensive relationships and its Re-2OX Process.

    Also don't forget what can be done at Granada as noted in this NR on April 25, 2019.

    Granada Gold is pleased to report on the latest encouraging results from a new two stage gravity concentration process. Low grade gold mineralization of 1.01 g/t was upgraded in the test to 67.99 g/t. Mr. Basa CEO of Granada stated, "We are seeking ways to reduce costs and therefore risks, of any possible future production decision. These early stage test results suggest this technique has the potential of increasing the grade of mineralized material prior to shipping for final processing thereby lowering the tonnage shipped.
    per/ F. Basa CEO

  •  
     edited October 12 Flag

    Frank, Re: The agreement CCW has entered into with PolyMet Resources Inc - Does this allow for the possibility to leverage the relationship and have an avenue to process Granada ore?
    @ goldenjack
    Yes, Granada ore could be processed at the facility.
    per/ F. Basa CEO

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