Granada Gold Mine Engages GoldMinds for Resource Estimate Update

Granada Gold Mine Inc. has engaged GoldMinds Geoservices Inc. to prepare an updated NI 43-101 compliant Mineral Resource Estimate for its Granada Gold Project near Rouyn-Noranda, Québec. The update will incorporate all drilling and exploration data accumulated since the last estimate, using current gold pricing to evaluate expanded open-pit potential at various cut-off grades.

The updated MRE will be prepared under the direction of Claude Duplessis, P.Eng., a Qualified Person under NI 43-101. This is a routine but important step for mining companies to reflect changes in geological knowledge and metal prices. For gold traders and investors, resource estimate updates can influence the perceived value of a mining company's assets and its stock price. Live gold prices and charts on NowPrice show how the market is reacting to such news, as higher gold prices can make lower-grade deposits economically viable, potentially increasing the project's resource base.

Investors should watch for the release of the updated MRE, which will provide details on tonnage, grade, and cut-off grades. The results could impact Granada Gold's share price and its ability to secure financing or partnerships. The company's stock trades on the TSX Venture Exchange under the symbol GGM, and on the OTC Pink market as GBBFF.