Granada Gold CEO Frank Basa Shares Better-than-Expected Results from Drilling Program

Granada Gold Mine (TSXV:GGM,OTC Pink:GBBFF,FWB:B6D) CEO Frank Basa shared, “Our drill program was a little better than I expected, especially with this 200 series holes.”

Granada Gold’s most recent drill results from the Granada gold project indicate multiple new assays with grades of up to 7.16 grams per tonne gold over 5.6 meters and 95 grams per tonne gold over 0.5 meters. The Granada gold project is located in the prolific Cadillac Break shear zone, which is 5 kilometers south of Rouyn-Noranda, Quebec.

Basa said further, “The numbers are coming in much better, the bulk sample’s coming in much better.”

In June 2021, the company announced that preliminary results from pre-concentration test work indicated the potential to increase the gold grade by 251 percent with a 47.4 percent gold recovery rate for low-grade mineralized waste material from the Granada gold mine deposit.

In the interview Basa also noted, “We’re fairly confident about getting the resource up.”

Watch the full interview with Granada Gold Mine CEO Frank Basa above.

The interview below was published on March 24, 2021.

Granada Gold Mine (TSXV:GGM,OTC Pink:GBBFF,FWB:B6D) CEO Frank Basa said the company is ready to be taken over in the next 24 months after it hit 107.8 grams per tonne gold over 4 meters, including multiple high-grade veins at depth from its ongoing drill program at Granada.

“We’re shovel ready,” Basa said. “We have all our permits, which took us a couple of years and C$6 million in studies, and we did have three majors on our property a year ago.”

The company takes pride in its strong track record of exploration, a good workforce and good drill results. While it prepares the project for production, it is also working on plans for expanding the existing gold resource by exploring additional target areas.

When asked if it is time for investors to put their money into the company, Basa said:

“We are known for producing results. The last time we took the stock from a halted company, then 18 months later it had a C$121 million market cap and was trading at 90 cents. Hopefully, we repeat that. We have a strong track record and we’ve been fairly good.”

The Granada gold project is located 7 kilometers south of the mining-friendly community of Rouyn-Noranda in Quebec, Canada. The property sits in the heart of the Abitibi greenstone belt, which has produced 160 million ounces of gold since the start of the 20th century.

Watch the full interview with Granada Gold Mine CEO Frank Basa above.

This interview is sponsored by Granada Gold Mine (TSXV:GGM,OTC Pink:GBBFF,FWB:B6D). This interview provides information which was sourced by the Investing News Network (INN) and approved by Granada Gold Mine in order to help investors learn more about the company. Granada Gold Mine is a client of INN. The company’s campaign fees pay for INN to create and update this interview.

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The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Granada Gold Mine and seek advice from a qualified investment advisor.