As industry analysts predict the price of gold to start heading northwards, exploration in one the world’s gold hotspots continues to heat up. And, Granada Gold Mine Inc. (TSX.V: GGM, OTCQB: GBBFF, Forum) has announced that it has just completed its trenching program at its Aukeko property, immediately adjacent to its flagship gold property, the Granada Gold Mine, located 5 kilometres south of Rouyn-Noranda Quebec. Quebec’s Abitibi Gold Belt is an area consistently ranked as one of the world's friendliest jurisdictions for gold mining and exploration.
On July 10th, 2018, The Company announced its exploration team has completed the third trench, totaling 85 metres in length with an average width of approximately 1.5 metres, located 150m to the east and south of the previous two trenches.
Granada has shown interest in the Auk shear zone where the Aukeko shaft was sunk. The zone was traced over a one-kilometre length, with an average width of 50 metres. It is also the location of the Bert vein where three bulk samples were taken in 1938.Grades from those bulk samples averaged 240 g/t Au.
Stockhouse recently had the opportunity to get an update on Granada Gold Mine’s operations from the Company President and CEO Frank J. Basa.
FULL DISCLOSURE: Granada Gold Mine Inc. is a paid client of Stockhouse Publishing.
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