CEO Frank Basa Outlines Plans for Developing the High-Grade Granada Gold Deposit during Mining Conference Webinar

Feb 18, 2021

In his presentation and Q and A during the John Tumazos Very Independent Research webinar on February 16, CEO Frank Basa outlined the significance of the recent restructuring which more than doubled the grade of the Granada Gold Deposit resource estimate….his plans to increase the deposit size to 2.5 to 3 million oz Au over 24 months…. and the current extreme undervaluation of the company in comparison to recent junior mining takeovers by larger companies in the same area of northwestern Quebec.

The webinar is 44 minutes long and here is the link:

https://register.gotowebinar.com/register/4933968681886522638

If that is too long for you to watch, here is a 6-minute video interview of Frank on the same subject:

Link to the 6-minute video interview and below that InvestorIntel’s comments:

https://bit.ly/3as2aE3

In a recent InvestorIntel interview, Tracy Weslosky spoke with Frank Basa, President, CEO, and Director of Granada Gold Mine Inc. (TSXV: GGM) about restructuring its Granada gold project into a high-grade deposit.

Mr. Basa said that with the recent release of new resource numbers, Granada Gold has converted the previous low-grade 1 g/t Au open pit to a higher-grade deposit with a combined smaller 2 g/t open pit and a potentially much larger 4 g/t underground. The company intends to continue with its 120,000 meter drill program to significantly upgrade the resource to about 2.5-3 million ounces, the majority of which will be underground at 4 g/t.

“4 g/t underground on the Cadillac Break, very few people have that,” said Mr. Basa.

He also commented on the competitive advantages of the Granada gold project’s location on the Cadillac Break. “The majors are showing up. They are looking for companies…If we hit 2.5-3 million ounces…we are looking at ourselves as a takeout target,” said Mr. Basa.

Link to the video on the InvestorIntel YouTube Channel:

https://youtu.be/wZCPBQDadIs

Link to the Granada Jan. 29 news release announcing the restructure/upgraded resource:

https://www.granadagoldmine.com/en/news/2021/granada-presents-updated-high-grade-mineral-resource-estimate/

Link to Granada’s Investor Presentation:

https://www.granadagoldmine.com/site/assets/files/2629/2021-02-16-cp-ggm.pdf

Please let us know any questions you may have.

Wayne

Wayne Cheveldayoff

Corporate Communications

Canada Silver Cobalt Works Inc. (TSXV: CCW; OTCQB: CCWOF; Frankfurt: 4T9B)

Granada Gold Mine Inc. (TSXV: GGM; OTC: GBBFF; Frankfurt: B6D)