Granada has exploration targets from its Granada gold mine to the former Aukeko and Austin Rouyn properties. (Image: Granada Gold Mine)
QUEBEC – Granada Gold Mine of Rouyn-Noranda, Que. has completed its trenching program at the Aukeko property that is adjacent to its Granada gold mine located 5 km south of the town. The company is awaiting the results of fire assays on the samples.
Aukeko was first explored during the 1930s when a 13-metre shaft was sunk. Mapping at that time identified several gold-bearing structures within a 500-metre wide, east-west trending zone. Shearing, alteration, quartz veining, and numerous porphyry intrusions were noted.
The company is particularly interested in the Auk shear zone where the shaft was sunk. The zone was traced over a 1-km length and an average width of 50 metres. It is also the location of the Bert vein where three bulk samples were taken in 1938. The samples had an average grade of about 240 g/t gold.
Granada has signed a provisional milling agreement with Canada Cobalt Works to process 600,000 to 2.0 million tonnes of ore averaging 4.5 g/t gold. Canada Cobalt is considering the building a 600-t/d mill at its Castle mine in Gowganda, Ont.
Please visit www.GranadaGoldMine.com.