GRANADA GOLD Aktie

 

    April 24, 2025 - TheNewswire - Rouyn Noranda, Quebec - Granada Gold Mine Inc. (TSXV: GGM) (the “Company” or “Granada”) is pleased to announce, that with the recent increase in the price of gold, the Company is reviewing previous resource calculations from May 16, 2017. The price of gold on May 15, 2017 was 1,260 US dollars per ounce of gold and on April 23, 2025 was 3,324 US dollars per ounce of gold - an increase of 164 percent. This significantly improves the resource potential of the deposit.   “The calculated 43-101 resource done on May 16, 2017* for Measured and Indicated ounces gold is 48 percent higher at 807,700 ounces than the current 2022 resource, and the Inferred is 228 percent higher at 1.5 million ounces.” commented Frank J. Basa, President and CEO of Granada Gold Mines. “With the property only 20 percent explored, there remains significant potential moving to the East towards the historic Aukeko and Austin-Rouyn shafts.”   The earlier resource estimate, completed in ...

    April 14, 2025 – TheNewswire - Rouyn Noranda, Quebec - Granada Gold Mine Inc. (TSXV: GGM) (the “Company” or “Granada”) is pleased to announce its expanded exploration focus on the Granada East Project. The potential strike length on the property is 5.5 kilometres, including the eastward extension 2.5 kilometres from the Granada Pit 1 to the historical Aukeko Shaft and a further 2 kilometres to the Austin-Rouyn Shaft.     The Aukeko Shaft was sunk on the “Auk Shear” zone in conjunction with stripping and trenching which was mapped over a one-kilometre length with an average width of 50 metres. The Auk Shear zone was the location of the Bert Vein where three bulk samples were reported to have been taken in 1938 from a trench approximately 50-to-150 metres east of the Aukeko Shaft.  The bulk samples averaged a grade of 7.0 ounces gold per ton (240.0 grams per tonne) (from public files with MERN(Ministère d'Energie et Ressources Naturelles) GM52851)(News Release July 10, 2018).   The...

Vancouver, British Columbia--(Newsfile Corp. - March 27, 2025) - LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur Minerals" or the "Company") is pleased to announce that it h......

        March 27, 2025 – TheNewswire - Rouyn Noranda, Quebec, Granada Gold Mine Inc. (TSXV: GGM) (the “Company” or “Granada”) is pleased to announce that it has signed a non-binding MOU for custom milling of the Granada Gold Mine ore at the Beacon Mill, owned by Lafleur Minerals in Quebec, Canada.   Highlights of non-binding Custom Milling MOU:   Beacon Mill is fully permitted for 750 tonnes per day.    Granada Gold Mine is fully permitted to ship gold ore. Current open-pit and underground 43-101 measured and indicated resource at 543,000 ounces of gold at 2 grams per tonne gold (see below).          Toll milling agreement is expected by June of this year followed by shipping of ore thereafter to the Beacon Mill.     Granada CEO Frank J. Basa commented, “This is a welcome development for Granada which enables the Company to generate revenue to carry on with the planned deep drilling program and the potential to increase our current 43-101 resource by further drilling...

    Rouyn Noranda, Q.C., March 13, 2025 – TheNewswire – Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or "Granada") announces that the 2025 Annual General Meeting was held today, Thursday March 13, 2025 and is pleased to report that all resolutions proposed to the Shareholders were approved with over 93.87% voting in favour in all categories.   The resolutions approved are as follows:   1.        The following individuals were re-elected Directors of the Company: Frank J. Basa, Matthew Halliday and Maya Basa.   2.        McGovern Hurley LLP, Chartered Accountants, were re-appointed as Company auditors.   3.        Approval of the renewal of the Company's 10% rolling share option plan.   The Board of Directors appointed the following officers of the Company for the ensuing year:   Frank J. Basa:                        President & CEO Remantra Sheopaul:                Chief Financial Officer Tina Whyte:?...

January 22, 2025 - TheNewswire - Rouyn Noranda, Quebec, Granada Gold Mine Inc. (TSXV: GGM) (the “Company” or “Granada”) is pleased to showcase recent property transactions on the Cadillac Break. With the recent increase in the price of gold, and the acute shortage of permitted mineable resources on the Cadillac Break located in the Rouyn-Noranda-Val d'Or area, operating gold mining companies have been buying up companies and resources to sustain their “Fill the Mill” operating requirements.   Frank J. Basa., President and CEO notes, “The current Granada Gold Mine resource valuation has the potential to increase. In addition, with the continuation at Granada of the planned deep drill program and ongoing bulk sampling program, it is expected that Granada's gold resource estimate will increase.”     Recent Resource Valuations Highlights: Granada Gold Mine high-grade open pit measured and indicated resource at 543,000 ounces at 2.05 grams per tonne gold (20 percent of the mineralized zo...

    Rouyn Noranda, Q.C. – TheNewswire - January 13, 2025 - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or "Granada") is pleased to report that it has engaged the services of Goldminds Geoservices to complete the required revision to its restauration plan at Granada Gold Mine.  This revision is required every 5 years to account for changes in any activities on site that may affect the terrain as well as the costs or modifications to proposed activities.     “This revision is a requirement to keep the permits at Granada Gold Mine in good standing and the resource shovel-ready,” commented Frank J Basa, President and Director of Granada.” The Company is one of the few high-grade open pit gold deposits on the Cadillac Break in Quebec that is fully permitted as a shipper for custom milling in a region where a majority of the operating mills within a 300-kilometer radius are critically short of ore, with many mills being shutdown. The ore short...

    Rouyn Noranda, Q.C. – TheNewswire - January 9, 2025 - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or "Granada") is pleased to provide an update on the progress of an on-site sampling plant. The potential installation of an on-site sampling plant is to further confirm the near-surface open pit resource from the two 500-tonne bulk samples recently taken which correlates well with historic open pit mining results of 3.5 to 5 grams per tonne gold. The current open pit resource of 2 grams per tonne (Please see July 6, 2022 news release) and was calculated by cutting all the high-grade sample assays due to fifty percent of the gold being in native form which lends to higher gold assays. The on-site sampling plant would further confirm the true grade of the open pit resource.   Bulk Sampling Plant Highlights:    Two products will be produced, a high-grade native gold gravity concentrate and a high-grade sulfide gold concentrate. Sand by-product...

   Rouyn Noranda, Q.C., December 30, 2024 – TheNewswire - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or "Granada") announces that the Company has closed a Quebec Flow-Through (QFT) private placement financing raising gross proceeds of $200,000.  The Company has issued 5,714,286 QFT shares at a price of $0.035 per QFT share, subject to final TSX Venture Exchange (“Exchange”) approval.   Finder's fees totaling 571,428 shares a deemed price of $0.035 per share and 5,721,428 finder warrants were paid in connection with the financing.  Each finder warrant is exercisable at $0.05 per share for three years from closing.  The finder's fees paid in connection with the private placement are subject to Exchange approval. All securities issued in connection with the private placement are subject to a four-month and a day hold period expiring on April 28, 2025, in accordance with applicable Securities Laws. The proceeds of the QFT private placement...

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   Rouyn Noranda, Q.C., December 18, 2024 – TheNewswire - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or "Granada") announces a non-brokered private placement offering by issuing 5,714,286 Quebec Flow-Through Shares (“QFT Shares”) at a price of $0.035 per QFT Share raising gross proceeds $200,000.  The private placement is subject to TSX Venture Exchange (“Exchange”) approval.   The proceeds of the QFT private placement will be used for the Company's Granada Gold Property, near Rouyn-Noranda, Quebec.     Finder's fees will be paid in connection the private placement.  The finder's fees paid in connection with the private placement are subject to Exchange approval.   All securities issued in connection with the private placement will be subject to a four‐month and a day hold period in accordance with applicable Canadian Securities Laws.   About Granada Gold Mine Inc.   Granada Gold Mine Inc. continues to develop and explore it...

    Rouyn Noranda, Q.C. – TheNewswire - December 9, 2024 - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or "Granada") has reviewed a recent updated news release of a mid-tier local gold operator's production costs.  It is estimated, that upon completion of the Company's ongoing deep drilling program in 2027, that the potential exists for custom milling with three separate mid-tier gold producers in Quebec along the Cadillac Break in 2027 due to the exhaustion of their resources. Granada Gold Mine's open pit is fully permitted and shovel ready should the opportunity present itself with 540,000 ounces of gold in the measured and indicated categories.  Historically, the open pit was operated at 3.5 to 5 grams per tonne gold. Two recent 500-tonne bulk samples have returned open-pit average gold grades of 4 grams per tonne gold.   Revising the costs from a PFS completed in May 6, 2014 (PFS, SGS Canada Inc.) for custom milling with a local mid-ti...

    Rouyn Noranda, Q.C. – TheNewswire - December 9, 2024 - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or "Granada") has reviewed a recent updated news release of a mid-tier local gold operator's production costs.  It is estimated, that upon completion of the Company's ongoing deep drilling program in 2027, that the potential exists for custom milling with three separate mid-tier gold producers in Quebec along the Cadillac Break in 2027 due to the exhaustion of their resources. Granada Gold Mine's open pit is fully permitted and shovel ready should the opportunity present itself with 540,000 ounces of gold in the measured and indicated categories.  Historically, the open pit was operated at 3.5 to 5 grams per tonne gold. Two recent 500-tonne bulk samples have returned open-pit average gold grades of 4 grams per tonne gold.   Revising the costs from a PFS completed in May 6, 2014 (PFS, SGS Canada Inc.) for custom milling with a local mid-ti...

  Rouyn Noranda, Q.C. - TheNewswire - October 18, 2024 - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the “Company” or “Granada”) is pleased to announce the appointment of Maya Basa as a director of the Company.   Maya Basa is a tested executive with extensive experience working in international consulting firms based out of Canada, and the United Kingdom. Her work has been focused on leading large-scale transformation projects for various clients, primarily in North America and Europe. The Company is greatly anticipating the addition of her skills in process improvement, outsourcing, and setting up the Company's ever evolving ESG and sustainability policies and programs.   Ms. Basa's most recent post as Vice-President of Transformation in Financial Services at a large UK consulting firm, with approximately 125,000 employees globally, saw her establish and maintain the firm's emerging ESG/Sustainability Regulation Services in Financial Services. Prior to her professiona...

  Rouyn Noranda, Q.C. – TheNewswire - October 15, 2024 - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or "Granada") announces a comprehensive strategy to increase shareholder value through improved processing technology by using a high-grade gravity circuit onsite before milling, resource optimization, and a novel financing approach originally detailed in the June 6, 2023 news release regarding the preferred share structure. This integrated plan positions Granada as an efficient gold producer in the Abitibi Gold Belt.   High-Grade Potential Confirmed   Recent bulk sampling has yielded impressive results, with two 500-tonne surface samples producing 4.33 and 3.95 grams per tonne gold, respectively. These figures exceed the current combined open pit and underground resource grade of 2.05 grams per tonne, indicating potential for resource expansion and enhanced project economics. A notable grab sample yielded a calculated gold grade of 45.6 g/t from...

    Rouyn Noranda, Q.C., September 27, 2024 – TheNewswire – Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the “Company” or “Granada”) is pleased to provide an update on meetings and site visits by aggregate and cement producers for the use of waste rock for aggregate. The waste rock utilization strategy developed by the Company is a continuation of the successful treatment of historical on-site waste rock which has accumulated at the Granada property since the 1930s. The Company announced in a July 23 news release an estimate of the valuation of the waste rock, which has not been included in the current valuation of gold at the Granada property. The Company is committed to the re-use and repurposing of the waste rock for the use as aggregate. On the Granada Gold mine site, this has included the use of historical waste rock for the construction materials of roads, and the placement of oversized waste rock to limit shoreline erosion which is planned to continue with a sub...

  Rouyn Noranda, Q.C., - TheNewswire - July 23, 2024 - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the “Company” or “Granada”) is pleased to announce an estimate of the potential in-ground values at its Granada Gold deposit in Quebec for both gold and aggregate. Highlights of Potential in-Ground Values: Value per tonne of gold-mineralized material at a grade of 2 grams per tonne gold is $211.30 Canadian dollars. Value of one tonne of gravel classed as 0 inches to 0.75 inches is $36.00 Canadian dollars.    Ratio of Gold-mineralized material to waste rock is 1 to 8.    Potential in-ground value combined is $499.30 Canadian dollars for each 9 tonnes material mined: $211.30 for one tonne gold-mineralized material plus $288.00 for 8 tonnes of waste rock.     The current valuation indicates the waste rock value exceeds the recovered gold value. This valuation does not take the mining and processing costs into consideration. It does indicate that waste rock values ...

  Rouyn Noranda, Q.C., July 16, 2024 – TheNewswire – Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the “Company” or “Granada”) is pleased to outline the process for gold recovery using conventional crushing, screening and gravity concentration to recover high-grade native gold and gold-bearing sulfide concentrate for further off-site processing to recover the gold into dore bars. The process will use a closed-loop water process and produce a final gold market bar and aggregate for the construction industry. Having processed two 500-tonne bulk samples from the Granada Gold Mine at Temiskaming Testing Labs in Cobalt, Ontario using a simple crush, grind, screen and gravity concentration, it was possible to recover the over-sized native gold and the fine gold in a sulfide-rich concentrate. The test work indicated that the mineralized material can be treated with a simple process flowsheet using only water which can be recycled for re-use. The gold-mineralized zones consist of...

  Rouyn Noranda, Q.C., July 10, 2024 – TheNewswire – Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the “Company” or “Granada”) is pleased to engage John Glew as a Resource Development Advisor for the Granada Gold Mine Property. Mr. John Glew recently worked for Lafarge Canada – Quebec Atlantic Canada, Sales Manager for Projects and Mobile Plants. Lafarge is Canada's largest provider of sustainable and innovative building solutions including Aggregates, Cement, Ready Mix and Precast Concrete, Asphalt and Paving, and Road and Civil Construction. Mr. Glew, in his significant experience, advised on and developed opportunities in excess of $200 million in remote areas, and transitioned self-operations into long-term, integrated supplier contracts. He established relationships with clients, managed sales processes, contract negotiations and delivery of products and services. The current mandate for Mr. Glew is to provide a preliminary assessment of the aggregate potential w...

  Rouyn Noranda, Q.C., June 4, 2024 – TheNewswire – Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the “Company” or “Granada”) announces that it has granted stock options to its directors and officers to purchase an aggregate of 1,200,000 common shares in the capital of the Company.  The stock options are exercisable for a term of five years at an exercise price of $0.05 per share.  All stock options are granted in accordance with the terms of the Company's Stock Option Plan and the policies of the TSX Venture Exchange and will be subject to a hold period of four months and one day. About Granada Gold Mine Inc. Granada Gold Mine Inc. continues to develop and explore its 100% owned Granada Gold Property near Rouyn-Noranda, Quebec, which is adjacent to the prolific Cadillac Break. The Company owns 14.73 square kilometers of land in a combination of mining leases and claims. The Company is undergoing a large drill program with 30,000m out of 120,000m complete. The dr...