Granada Gold Mine Inc. (
TSX: V.GGM,
OTCPK:GBBFF,
Forum) on Friday released a corporate update and review of plans for 2018 on the 100% owned Granada Gold Property in Quebec.
The project is situated along the prolific Cadillac Trend.
“The company will proceed in 2018 with a bankable feasibility study for a new mill at Granada Gold Mine with a production capacity of 80,000 to 100,000 ounces of gold per year,’’ said Granada President and CEO Frank Basa.
More information can be found
here.
Granada was in the news recently when the company said it has over-subscribed the second tranche of its private placement raising additional gross proceeds of $1.2 million, bringing the total raised to $2.05 million.
FULL DISCLOSURE: Granada Gold Mine Inc. is a paid client of Stockhouse Publishing.