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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.


TSXV:GGM - Post by User

Granada Gold Mine Inc > Nice hole
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Comment by GoldenNugget666on Oct 24, 2020 2:08pm
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Post# 31776883

RE:Nice hole

RE:Nice holePure and simple Granada needs to identify a mineable deposit.
There are an abundance of gold occurrences at Granada but so far there isn't anything that could be mined and make money. 
Granada needs to actually do the expensive & hard work to drill up and delineate a mineable ore occurrence on their property.
Thin and erratic but high grade gold occurrences are just a nuissance since there is no way to mine the gold profitably.
As I have said in the past there is gold at Granada but it might not be economical until gold prices are well over $2500 ....  perhaps even higher. 
If there was anything of merit PROPERLY MAPPED OUT at Granada someone would have bought them out long ago.

[url=https://www.kitco.com/charts/popup/au1825nyb.html ]5 YEAR GOLD CHART[/url]

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