Welcome to our dedicated page for Granada Gold Mine news (Ticker: GBBFF), a resource for investors and traders seeking the latest updates and insights on Granada Gold Mine stock.
Granada Gold Mine Inc. reports news centered on the Granada Gold Property near Rouyn-Noranda, Quebec. Company updates cover gold exploration, project development, drilling work, mineralization studies, and technical evaluations tied to the deposit.
Recurring developments include ore-sorting and metallurgy results, land and claim information, and project-level assessments for the company's 100% owned Quebec gold property. News about GBBFF is therefore primarily linked to junior mining exploration and development activity rather than operating mine production.
Granada Gold Mine (OTC:GBBFF) engaged a Quebec environmental engineering company to prepare an Authorization Modification Request under the Environment Quality Act for on-site gravity concentration at the Granada Gold project near Rouyn-Noranda.
The modification would add a closed-loop processing facility, complement ore sorting, and support future economic studies and production decisions.
Granada Gold Mine (OTC: GBBFF) engaged GoldMinds Geoservices to update the NI 43-101 Mineral Resource Estimate for the Granada project in Quebec. The work will integrate all drilling through 2025, new structural interpretation, current gold pricing near US$4,700/oz, and ore sorting results.
The most recent current MRE (effective June 23, 2022) reports 543,000 oz Measured & Indicated and 456,000 oz Inferred at 0.55 g/t (pit) and 2.5 g/t (underground) cut-offs. Granada also holds permits for a 550 tpd “Rolling Start” and recently raised $2.5 million.
Granada Gold Mine (OTC: GBBFF) reported independent ore-sorting tests at Saskatchewan Research Council that upgraded open-pit feed from 2.93 g/t to 7.87 g/t using XRT with 88% gold recovery and 67.8% waste rejection. A 500-kg sample produced a 2.7x grade uplift, which the company says could cut mill throughput, lower capital intensity, and improve Rolling Start economics for a 550 tpd bulk-sample pathway (~590,000 tonnes, ~75,000 oz).
The company plans to integrate results into an updated NI 43-101 technical report.