Granada Gold: Focus shifts after high-grade near-surface discovery
G
ranada Gold Mine Inc., located five kilometres south of Rouyn-Noranda, is currently focused on drilling to grow its gold resource, but also has the permits needed to begin open-pit mining, making it unique
Native gold frequently found at Granada. / Or natif que l’on retrouve fréquemment à Granada.
Measurement is challenging at Granada, president & CEO Frank Basa, P. Eng. explains, “Historically, the mill grades at the Granada Mine were higher than the drill grades, which is common with high-grade native gold concentration deposits on the Cadillac
among junior gold exploration companies along Quebec’s Cadillac
Trend. The 1220-kg sample returned four-times the drill grade of
Break.
the core – using only the native gold component. A bulk sample
In August 2020 it was announced that a grab sample returned 55.6 g/t native gold from 1,220 kilograms of mineralized material taken from surface over a three-metre strike length on Vein No. 1
is to be taken at this location to further quantify the grade of the mineralized material.” Underground mining in the 1930s produced more than 50,000
structure where diamond drill hole GR-19-A intersected 11.45 g/t
ounces of gold from underground workings with the grade
gold from 0 to 33 metres core length (January 9, 2020 news release).
averaging 9.7 g/t gold. At the time, it was observed that more gold
A second drill rig was brought on site to focus on the high-grade
tended to come out of the mill than what the assays showed was
Vein No. 1 structure with stripping to the west continuing along
going in. A 140,000-tonne bulk sample taken from the deposit in
strike. The mineralized structure has been traced on surface for
2007 had assays showing an average head grade of 1.35 g/t gold,
over 115 metres on an east-west trend by stripping. The structure
which produced a 20 per cent higher mill grade of 1.62 g/t gold
extends over 500 metres when the pierce points are connected
consistent with observations decades earlier.
with the drill holes.
18 Revue minière du Québec
Drilling in 2019 focused on testing the gold grade continuity and
