Granada Gold to Participate in John Tumazos Mining Conference Research Webinar August 14 at 10 AM Eastern
Granada Gold to Participate in John Tumazos Mining
Conference Research Webinar August 14 at 10 AM
Eastern
ROUYN NORANDA, QC
,
Aug. 13, 2020
/CNW/ - Granada Gold Mine Inc. (TSXV: GGM) (OTC: GBBFF)
(FRANKFURT: B6D) (the "Company" or "Granada") is pleased to announce that it will participate in a John
Tumazos Very Independent Research LLC 2020 Conference webinar
Friday, August 14, 2020
at
10 am
Eastern.
Frank Basa
, President and CEO, will present a company update including the current drill program and bulk
sampling activity underway at the
Granada
deposit and the planned revision of the deposit's resource estimate to
include 2019 and 2020 high-grade drill intercepts and the recent discovery of a near-surface mineralized zone
(details in
June 2
,
July 16
, and
August 11, 2020
news releases).
Registration to the webinar can be found at:
https://zoom.us/webinar/register/WN_rfkJCz9yRN21WGDqGox9dA
After registering, you will receive a confirmation email containing information about joining the webinar.
The corporate presentation for the webinar can be found at:
https://veryindependentresearch.net/wp-content/uploads/2020/08/Granada-Gold-Presentation-August-12-2020.pdf
Pit Constrained Mineral Resources
The current resource at the Company's Granada Gold project in
Rouyn-Noranda, Quebec
is detailed in the 43-
101 technical report filed on Sedar, titled: "Granada Gold Project Mineral Resource Estimate
Rouyn-Noranda,
Quebec, Canada
." The report, written by Independent Qualified Persons Allan Armitage, PhD, P.Geo, and
Maxime Dupere, BSc
, P.Geo, of SGS Canada Inc., provides support for the following resource estimate:
Current Resources: 2019 Pit-Constrained Resource Estimate
1
Category
Tonnes
Grade
(g/t Au)
Contained Gold (oz.)
Measured
12,637,000
1.02
413,000
Indicated
9,630,000
1.13
349,000
M&I Total
22,267,000
1.06
762,000
Inferred
6,930,000
2.04
455,000
1
Cutoff 0.4 g/t Au; see Press Release of February 13, 2019 for detailed notes
Qualified Persons
For the purposes of this announcement,
Claude Duplessis
, P. Eng., of Goldminds Geoservices Inc., a geological,
environmental and mining consultant and qualified person in accordance with National Instrument 43-101, has
reviewed and approved the contents of this news release.
About Granada Gold Mine Inc.
Granada Gold Mine Inc. is continuing to develop the Granada Gold Property near
Rouyn-Noranda, Quebec
. The
property includes the former
Granada
gold mine which produced more than 50,000 ounces of gold at 10 grams
per tonne gold in the 1930's before a fire destroyed the surface buildings. Approximately 120,000 meters of
drilling has been completed to date on the property, focused mainly on the extended LONG Bars zone which
trends 2 kilometers east west over a potential 5.5 kilometers mineralized structure. The highly prolific
Cadillac
Trend
, the source of 50 million plus ounces of gold production in the past century, cuts right through the north part
of the
Granada
property on a line running from
Val-d'Or
to
Rouyn-Noranda Quebec
.
The Company is in possession of all permits required to commence the initial mining phase known as the "Rolling
Start", which allows the company to mine up to 550 tonnes per day, capable of producing up to 675,000 tonnes
of ore over a 3-year period of time. Additional information is available at
www.granadagoldmine.com
.
"Frank J. Basa"
Frank J. Basa P. Eng
.
Chief Executive Officer and Chairman
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news
release may contain forward-looking statements including but not limited to comments regarding the timing and
content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve
inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such
statements.
SOURCE
Granada Gold Mine Inc.
View original content:
http://www.newswire.ca/en/releases/archive/August2020/13/c3175.html
%SEDAR: 00004087E
For further information:
Wayne Cheveldayoff, Corporate Communications, at 416-710-2410 or
CO: Granada Gold Mine Inc.
CNW 10:00e 13-AUG-20