Granada Gold Mine Applies For Drill Permits For Granada Gold Project in Quebec
MT newswire2026/10/07 16:4412:44 PM EDT, 10/07/2026 (MT Newswires) -- Granada Gold Mine (GGM.V) applied for drill permits for its Granada Gold Project in Quebec, the company said on Wednesday. Granada intends to test the existing mineral resource and explore potential extensions. Results would guide future exploration spending and support resource updates, the company said. It added that historical exploration at Granada included more than 150,000 meters of drilling in 1,000 drill holes, with about 20% of the property explored to date. Mineral resources were delineated over two kilometers of an estimated 5.5-km east-west mineralized structure. "Past exploration has demonstrated Granada's gold potential, and we believe there is significant upside still to be tested," said J.W. Dumont, president. "Our focus now is disciplined capital allocation to maximize long-term shareholder value. We want to finance and execute targeted work that improves our understanding of the property and helps us assess opportunities for resource growth." Granada Gold shares were last seen unchanged at CA$0.035 on the TSX Venture Exchange.
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