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June 6, 2018

Granada Gold Mine completes trench programme at Aukeko property

Granada Gold Mine has completed an initial trench programme at its Aukeko property, alongside its gold property in the province of Quebec, Canada.

Granada Gold Mine has completed an initial trench programme at its Aukeko property, alongside its gold property in the province of Quebec, Canada.

As part of the programme, the company completed two trenches with an aggregate length of 300m and width of around 1.5m.

Through the programme, Granada plans to intersect the east-west extension of the extended LONG Bars zone of gold mineralisation.

“The results of the trenches’ samples will be used as a guide for the next step of the exploration.”

Granada Gold Mine president and CEO Frank Basa said: “This trenching programme is a substantive advance for Granada in shaping management’s understanding of our resource.

“The results of the trenches’ samples will be used as a guide for the next step of the exploration to capture the unexplored eastern extension of the mineralised structures, also called the LONG Bars zone.”

The trenching programme will also assist the company in choosing targets for an upcoming diamond drilling campaign.

According to the company, exploration of the Aukeko property was first conducted in the late 1930s.

The exploration includes sinking a shaft to 13m and extensive trenching on the surface.

Several auriferous structures were identified by mapping projects with a 500m-wide, east-west trending zone with shearing, alteration and quartz veining, as well as porphyry intrusions.

Three surface bulk samples taken in 1938 from a trench east of the Aukeko Shaft had a reported average gold grade of 240g/t.

The surface of the original Granada gold mine was destroyed in a fire in the 1930s.

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