Granada Gold Mine is hoping to share in the bountiful gold recovered from the Cadillac Trend. (Image: Granada Gold Mine)
QUEBEC – Granada Gold Mine of Rouyn-Noranda, Que., has completed the initial trenching program at its Aukeko property, adjacent to its Granada gold mine 5 km south of Rouyn-Noranda.
Two trenches – one 90 metres and the second 310 metres long – have been dug to intersect the east-west extension of the Long Bars zone and to help in selecting targets for a diamond drilling program.
Historical exploration of the Aukeko property was done in the late 1930s. A shaft was sunk to 13 metres. Mapping at that time identified several auriferous structures with a 500-metre wide, east-west trending zone with shearing, alteration and quartz veining along numerous porphyry intrusions. Three surface bulk samples taken at that time had a reported average grade of 240 g/t gold.
The original Granada gold mine operated from 1930 to ’35 until fire destroyed the surface infrastructure. The mine yielded about 51,500 oz. of gold at that time, and then another 2,200 oz. in 2000. Granada Gold bought the property in 2006 and hopes eventually to make it a year-round producer of 100,00 oz. yearly. The mine is now in the rolling start phase as it moves once more toward production.
Details are available at www.GranadaGoldMine.com.