RE:RE:NO ROLLING STALL BUT MORE DILUTION OVER AND OVER AGAINand the games start over again, deja vue! Anothet 10 years of salaries, expenses, bonuses and options for management and DILUTIONS for the shareholders and a ROLL BACK as BONUS:
GRANADA GOLD MINE GETS 10 YEAR EXTENSION ON MINING LEASE BM 852 AT THE GRANADA MINE PROPERTY AND TAKES 500 TONNE BULK SAMPLE
Granada Gold Mine Inc.'s mining lease BM852, which is 24.8 hectares, was renewed for another 10 years until 2030. This Lease is part of the current resource and is part of the past-producing underground mine which was mined at a grade of 9.7 grams per tonne gold. The renewal keeps the current 26 permits in good standing for mining and shipping to a custom mill and allows the taking of bulk samples of up to 500 tonnes.
The extension required the closure plan to be revised and triggered an increase in financial assurances which was completed and paid. Another revised closure plan with revised bond will be necessary once Granada property goes into production.