The Conversation (0)
(TheNewswire)
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Granada Gold Mine Inc. (TSXV: GGM,OTC:GBBFF) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or "Granada") is pleased to announce the appointment of Christopher Ecclestone as a director of the Company
Christopher Ecclestone is a principal, mining analyst, and commodity strategist at Hallgarten & Company. Currently based in London, England, he has extensive international mining experience. In North America, he has been the CEO and director of several listed companies on the TSX, TSX-V and CSE.
Mr. Ecclestone also serves as Chief Executive Officer of Mission Critical Metals, which focuses on securing supply chains for defense-critical minerals, positioning him well to evaluate strategic opportunities for Granada's rubidium asset. His expertise spans both precious and critical metals markets,
"I'm very excited by the opportunity at Granada Gold Mine, particularly in light of its past-producing status. The mantra these days, particularly with gold around US$3,500 per ounce, is Production, Production, Production and applying the various skillsets of the Granada team we shall hopefully bring this storied property back onto the radar of gold investors," stated Christopher Ecclestone.
He went on to comment, "My eye was also caught by the Rubidium potential at the Company, a critical metal on which I have been vocal in the recent past."
Frank J. Basa, P.Eng., President and CEO of Granada Gold Mine, commented: "Christopher brings invaluable expertise at a pivotal moment for Granada. His deep understanding of critical and strategic minerals aligns perfectly with our rubidium discovery, where we've achieved 99% extraction rates using the Re-2Ox process. Combined with his focus on production and capital markets experience, Christopher will be instrumental as we advance both our gold production strategy, and our position as a potential supplier of strategic minerals. The convergence of these opportunities at Granada creates exceptional value potential for both traditional gold investors and those focused on securing critical mineral supply chains."
About Granada Gold Mine Inc.
Granada Gold Mine Inc. continues to develop and explore its 100% owned Granada Gold Property near Rouyn-Noranda, Quebec, and is adjacent to the prolific Cadillac Break. The Company owns 14.73 square kilometers of land in a combination of mining leases and claims.
The property includes the former Granada Gold underground mine which produced more than 50,000 ounces of gold at 10 grams per tonne gold in the 1930's from two shafts before a fire destroyed the surface buildings. In the 1990s, Granada Resources extracted a bulk sample (Pit #1) of 87,311 tonnes grading 5.17 g/t Au. They also extracted a bulk sample (Pit # 2) of 22,095 tonnes grading 3.46 g/t Au.
For further information, Contact:
Frank J. Basa, P.Eng. member of Professional Engineers Ontario
Chief Executive Officer
P: 416-625-2342
Or:
Wayne Cheveldayoff,
Corporate Communications
P: 416-710-2410
E: waynecheveldayoff@gmail.com
Neither the TSX Venture Exchange nor its Regulation Services 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 which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements. The Company does not undertake to update any forward-looking information in this news release or other communications unless required by law.
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