Granada Gold Mine Inc.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Frank Jospeh Basa
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 3028 Quadra Court Coquitlam BC Canada V3B 5X6
- IPO Date
- Dec 9, 1986
- Website
- granadagoldmine.com
- Similar Companies
- Business
- Granada Gold Mine Inc. (TSX-V: GGM) is a Canada-based junior mining and exploration company focused on the acquisition, exploration, and development of mineral properties, primarily gold deposits in the Abitibi Greenstone Belt of Quebec. The company holds 100% interest in the 14.73 square kilometer Granada Gold Property near Rouyn-Noranda, Quebec, adjacent to the prolific Cadillac Break hosting multiple mineralized shear zones including the Granada Shear Zone and South Shear Zone with up to 22 east-west trending structures over 5.5 kilometers; it explores for mesothermal quartz-vein gold hosted in Archean sedimentary rocks and syenite porphyry dykes, supported by an updated NI 43-101 mineral resource estimate of 543,000 ounces indicated (8.22 million tonnes at 2.05 g/t Au) and 456,000 ounces inferred (3.01 million tonnes at 4.71 g/t Au) at pit-constrained and underground cut-offs, with historical production exceeding 50,000 ounces at 10 g/t Au from underground mining in the 1930s and bulk samples averaging 3.5-5.17 g/t Au from open pits in the 1990s; additional potential includes rubidium and rare earth elements in waste rock. Operations target open-pit and underground development plans with plans for an on-site bulk sampling plant to produce saleable native gold and high-grade concentrates, toll milling arrangements with nearby facilities like Beacon Mill, and ore supply to majors such as Agnico Eagle and IAMGOLD; the company also holds silver properties in Quebec and Ontario. Founded in 1985 and headquartered in Rouyn-Noranda, Quebec, Granada advances a fully permitted, shovel-ready project positioned as a takeover target in a tier-one jurisdiction with ongoing 120,000-meter drill program (18,000-20,000 meters completed as of mid-2025, currently paused for data evaluation amid market conditions), innovative gold-backed preferred share financing to minimize dilution, stock option grants of 3,400,000 shares to directors and officers in September 2025 at $0.05 per share, and resource acquisitions signaling expanded exposure on the Cadillac Break.
Company News
Granada Gold Mine Grants Stock Options
Granada Gold Mine Applies for Drill Permits to Expand Mineral Resources
Granada Gold Mine Applies for Drill Permits to Expand Mineral Resources
Granada Gold Mine Appoints J.W. Dumont as President
Granada Gold Mine Announces Engagement Of Senergy Communications Capital Inc.
Granada Gold Mine Announces Filing of NI 43-101 Technical Report for The Granada Gold Project, Quebec, with Updated Resource Estimate
Granada Gold Mine Enters Into Two Debt Conversion Agreements In An Aggregate Amount Of $4 Million
Granada Gold Mine to Present in the Emerging Growth Virtual Conference at 12 Noon ET July 16, 2026
Granada Gold Announces Investor Relations Agreement
Granada Gold Advances On-site Gravity Concentration Facility to Upgrade Mineralized Material Grade and Reduce Off-site Haulage
Granada Gold Advances On-Site Gravity Concentration Facility To Upgrade Mineralized Material Grade And Reduce Off-Site Haulage
Granada Gold Announces 64% Increase in Measured and Indicated Mineral Resources to 890,600 oz Au (15,982,000 Tonnes at 1.73 g/t Au) and 90% Increase in Inferred Mineral Resources to 865,500 oz Au (20,096,000 Tonnes at 1.34 g/t Au)
Granada Gold Announces 64% Increase In Measured And Indicated Mineral Resources To 890,600 OZ AU (15,982,000 Tonnes At 1.73 G/T AU) And 90% Increase In Inferred Mineral Resources To 865,500 OZ AU (20,096,000 Tonnes At 1.34 G/T AU)
Granada Gold Mine Advances On-Site Processing Authorization for Gravity Concentration at Granada Gold Project
Granada Gold Mine Advances On-Site Processing Authorization for Gravity Concentration at Granada Gold Project
Granada Reports Annual General And Special Meeting Results
Granada Gold Mine Engages GoldMinds Geoservices for Mineral Resource Estimate Update Reflecting Current Gold Pricing
Granada Gold Mine Engages GoldMinds Geoservices for Mineral Resource Estimate Update Reflecting Current Gold Pricing
Granada Gold Mine Demonstrates 2.7x Grade Uplift on Open-Pit Mineralization through Ore Sorting at Saskatchewan Research Council
Granada Gold Mine Adopts Semi-Annual Financial Reporting