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GRANADA GOLD MINE (GBBFF) Stock News

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Granada Gold Mine Inc. reports news centered on the Granada Gold Property near Rouyn-Noranda, Quebec. Company updates cover gold exploration, project development, drilling work, mineralization studies, and technical evaluations tied to the deposit.

Recurring developments include ore-sorting and metallurgy results, land and claim information, and project-level assessments for the company's 100% owned Quebec gold property. News about GBBFF is therefore primarily linked to junior mining exploration and development activity rather than operating mine production.

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Granada Gold Mine (GBBFF) has applied for drill permits to advance exploration at its wholly owned Granada Gold Project near Rouyn-Noranda, Quebec. The company plans drilling within the existing resource to improve confidence, alongside exploration drilling to test extensions. Drilling remains subject to required permits, financing and contractor availability; the scope, budget and schedule will be announced once confirmed.

The mineral resource estimate effective June 8, 2026 reports 890,600 ounces of gold in measured and indicated resources, where geological confidence is higher, and separately 865,500 ounces in lower-confidence inferred resources. Resources extend over approximately 2 km of an estimated 5.5 km mineralized structure, and the deposit remains open along its length and at depth.

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Granada Gold (OTC:GBBFF, TSXV:GGM) advanced plans for an on-site gravity concentration facility at the Granada project near Rouyn-Noranda, Quebec. An environmental consultant completed a site visit to refine locations and support an Authorization Modification Request to add gravity concentration to the existing Certificate of Authorization.

The closed-loop facility is designed to upgrade mineralized material, reduce off-site haulage and minimize water use. Granada highlights ore sorting tests showing a 2.7x gold-grade uplift at 88% recovery and an updated 2026 Mineral Resource Estimate totaling 890,600 oz Measured & Indicated and 865,500 oz Inferred.

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Granada Gold (OTC:GBBFF) reported a new 2026 Mineral Resource Estimate for its 100%-owned Granada Gold Project in Quebec, combining in-pit and underground resources.

Measured & Indicated resources rose 64% to 890,600 oz Au (15,982,000 t at 1.73 g/t), while Inferred resources increased 90% to 865,500 oz Au (20,096,000 t at 1.34 g/t). Cut-off grades were lowered to 0.25 g/t (pit) and 1.4 g/t (underground), reflecting higher gold prices and updated cost assumptions.

The deposit remains open along strike and at depth, with resources defined over ~2 km of an estimated 5.5 km structure. Granada Gold also highlights ore-sorting testwork showing a 2.7x grade uplift at 88% recovery and a fully permitted 550 tpd “Rolling Start” bulk-sample pathway.

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Granada Gold Mine (OTC:GBBFF) engaged a Quebec environmental engineering company to prepare an Authorization Modification Request under the Environment Quality Act for on-site gravity concentration at the Granada Gold project near Rouyn-Noranda.

The modification would add a closed-loop processing facility, complement ore sorting, and support future economic studies and production decisions.

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Granada Gold Mine (OTC: GBBFF) engaged GoldMinds Geoservices to update the NI 43-101 Mineral Resource Estimate for the Granada project in Quebec. The work will integrate all drilling through 2025, new structural interpretation, current gold pricing near US$4,700/oz, and ore sorting results.

The most recent current MRE (effective June 23, 2022) reports 543,000 oz Measured & Indicated and 456,000 oz Inferred at 0.55 g/t (pit) and 2.5 g/t (underground) cut-offs. Granada also holds permits for a 550 tpd “Rolling Start” and recently raised $2.5 million.

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Granada Gold Mine (OTC: GBBFF) reported independent ore-sorting tests at Saskatchewan Research Council that upgraded open-pit feed from 2.93 g/t to 7.87 g/t using XRT with 88% gold recovery and 67.8% waste rejection. A 500-kg sample produced a 2.7x grade uplift, which the company says could cut mill throughput, lower capital intensity, and improve Rolling Start economics for a 550 tpd bulk-sample pathway (~590,000 tonnes, ~75,000 oz).

The company plans to integrate results into an updated NI 43-101 technical report.

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FAQ

What is the current stock price of GRANADA GOLD MINE (GBBFF)?

GRANADA GOLD MINE (GBBFF) last closed at $0.025.

What is the market cap of GRANADA GOLD MINE (GBBFF)?

The market cap of GRANADA GOLD MINE (GBBFF) is approximately $5.7M.