Intersects Multiple High-Grade Veins At Depth
Granada Gold Mine Inc. (TSXV: GGM) continues to intersect high-grade gold in its on-going drill programme at the Granada Gold Property near Rouyn-Noranda, Quebec.
- 3.64 g/t gold over 3.45m in GR-20-15 from 399.00 to 402.45m
- 5.25 g/t gold over 1.5m in GR-20-17 from 301.50 to 303.00m
- 2.47 g/t gold over 3.00 in GR-20-18 from 510.50 to 513.50m
- 13.20 g/t gold over 1.00 in GR-20-19 from 583.12 to 584.12m
- 107.8 g/t gold over 4.00m in hole GR-20-21 from 617.40 to 621.40m
President and CEO, Frank Basa, said the intersections, many of which are mineralised between previously identified intervals, show extension and continuity of the mineralised structures.
Significant high-grade intersections were encountered in the drill holes. In particular, GR-20-21, which intersected 107.8 g/t gold over four metres. It extends the strike to the northeast and is the best drill result of the 2020 exploration drill programme.
“These drill results continue to exceed expectations and demonstrate the potential of Granada. The exploration efforts have delivered some of our most significant results to date, extending the high-grade strike to the northeast and confirm continuity and high-grade gold mineralisation at depth,” Mr Basa said
For a summary of today’s drill results, refer to table 1.
The 2021 exploration drill programme recently started with drilling of wedges and new holes under the higher-grade open pit constrained resources to increase the quantity and quality of the mineral resources. The drilling will focus on filling the gaps to allow building of additional mineral resources in addition to the testing of continuity of the structures with the 200-series holes.