Canadian Mining Journal

News

GOLD: Granada prepares to explore land adjacent to mine



Map of the Granada gold mine showing the Aukeko and Austin Rouyn shafts. (Image: Granada Gold Mine)

QUEBEC – Granada Gold Mine of Rouyn-Noranda, Que., is preparing a trenching and drilling program at its Aukeko property adjacent to its flagship Granada gold mine. The mine is at the development stage and currently the focus of a feasibility study. It should produce between 80,000 to 100,000 oz. of gold annually.

A permit has been granted for the Aukeko work, including 6,000 metres of drilling. An agronomist has been hired because the site is located on agricultural lands. Agreements are also in place with the local First Nations.

Granada has filed a new request for work farther east at Austin Rouyn. A small excavator and a diamond drill crew are now at the Granada mine awaiting issuance of the permit.

Both Aukeko and Austin Rouyn are historical sites. Aukeko is part of the east-west trending structure on the Granada gold mine property. It was explored in the late 1930s. Material removed during the sinking of a 13-metre shaft assays as high as 240.0 g/t gold. Austin Rouyn is a further 1.9 km east. Discovery of this zone was made in 1933. Historic gold samples assayed between 4.2 and 114.5 g/t gold.

Visit www.GranadaGoldMine.com for information about the historic Granada mine that produced 50,000 oz. of gold in the 1920s and ‘30s.