Granada Gold Mine Inc (TSE:GGM) has released an update.
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Granada Gold Mine Inc. has recently applied to renew its mining lease BM813, leveraging promising results from a bulk sample showing 3.95 grams per tonne gold, and is optimistic about the mine’s potential following high-grade findings and the current favorable gold prices. The company’s success in renewing a similar lease, BM852, and historical data showcasing higher-than-expected gold grades, underscore the viability of the mine. CEO Frank J. Basa points to the unexplored potential that could significantly boost the gold resource at the mine.
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