# Granada Gold Mine Engages GoldMinds Geoservices for Mineral Resource Estimate Update Reflecting Current Gold Pricing Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/granada-gold-mine-engages-goldminds-geoservices-for-mineral-resource-estimate-up--5bd1e9ed-40ea-4d4c-9794-fa7dbfcb4795 Original source: https://money.tmx.com/en/quote/GGM/news/8418637155410646/granada-gold-mine-engages-goldminds-geoservices-for-mineral-resource-estimate-up Publisher: tmx Original announcement: 2026-05-18T13:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Granada Gold Mine Inc. - Ticker: GGM - Exchange: TSX - Region: Québec - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update, Other - Extracted: 2026-09-14 02:44:34 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Granada Gold Mine Inc. has engaged GoldMinds Geoservices to perform an updated NI 43-101 compliant Mineral Resource Estimate for the Granada Gold Project. The update will incorporate all drilling data since 2017 and evaluate the deposit using current gold prices, which are significantly higher than those used in previous estimates. Reasoning: The company is engaging a specialist to update its resource estimate to reflect significantly higher gold prices and new data, which is a standard de-risking and valuation step. - Positive factor: Engagement of GoldMinds to update MRE using current high gold prices - Positive factor: Incorporation of new drilling and structural reinterpretation - Positive factor: Potential for materially larger economic resource envelope due to price uplift - Negative factor: The announcement is for an upcoming update, not new results Facts used in scoring: 4 ## Classification and evidence **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The announcement is about engaging a consultant to perform an updated Mineral Resource Estimate. Evidence · text > Engages GoldMinds Geoservices for Mineral Resource Estimate Update ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Resource Estimates (4) ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/granada-gold-mine-engages-goldminds-geoservices-for-mineral-resource-estimate-up--5bd1e9ed-40ea-4d4c-9794-fa7dbfcb4795#fact-resource-facts-0) Granada Gold Project · gold #### Identity - Project: Granada Gold Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec - Ticker: GGM #### Resource scope - Estimate type: resource - Effective date: 2022-06-23T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Claude Duplessis, Matthew Halliday - Resource group id: resource:e2835ec323b3466fc075 - Deposit or zone: InPit+UG - Mining method: combined - Material type: InPit+UG - Ownership percent: 100 % #### Resource Data - Category: measured - Tonnes: 4900000 - Grade: 1.7 - Grade Unit: g/t - Contained Metal: 269000 - Contained Unit: oz - Cutoff Grade: 0.55 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2022-06-23 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-18T00:00:00.000Z Reasoning: Measured resource component of the 2022 estimate being carried forward for the update. Evidence · table > 1.70 Context: 4,900,000 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 3.9 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/granada-gold-mine-engages-goldminds-geoservices-for-mineral-resource-estimate-up--5bd1e9ed-40ea-4d4c-9794-fa7dbfcb4795#fact-resource-facts-1) Granada Gold Project · gold #### Identity - Project: Granada Gold Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec - Ticker: GGM #### Resource scope - Estimate type: resource - Effective date: 2022-06-23T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Claude Duplessis, Matthew Halliday - Resource group id: resource:384958d2c94052d283db - Deposit or zone: InPit+UG - Mining method: combined - Material type: InPit+UG - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 3320000 - Grade: 2.57 - Grade Unit: g/t - Contained Metal: 274000 - Contained Unit: oz - Cutoff Grade: 0.55 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2022-06-23 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-18T00:00:00.000Z Reasoning: Indicated resource component of the 2022 estimate being carried forward for the update. Evidence · table > 2.57 Context: 3,320,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 3.9 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/granada-gold-mine-engages-goldminds-geoservices-for-mineral-resource-estimate-up--5bd1e9ed-40ea-4d4c-9794-fa7dbfcb4795#fact-resource-facts-2) Granada Gold Project · gold #### Identity - Project: Granada Gold Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec - Ticker: GGM #### Resource scope - Estimate type: resource - Effective date: 2022-06-23T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Claude Duplessis, Matthew Halliday - Resource group id: resource:28d8bece1c6304d9b637 - Deposit or zone: InPit+UG - Mining method: combined - Material type: InPit+UG - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 8220000 - Grade: 2.05 - Grade Unit: g/t - Contained Metal: 543000 - Contained Unit: oz - Cutoff Grade: 0.55 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2022-06-23 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-18T00:00:00.000Z Reasoning: Combined M&I resource component of the 2022 estimate. Evidence · table > 2.05 Context: 8,220,000 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 3.9 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/granada-gold-mine-engages-goldminds-geoservices-for-mineral-resource-estimate-up--5bd1e9ed-40ea-4d4c-9794-fa7dbfcb4795#fact-resource-facts-3) Granada Gold Project · gold #### Identity - Project: Granada Gold Project - Commodity: gold - Region: canada\_qc - Reported Region: Québec - Ticker: GGM #### Resource scope - Estimate type: resource - Effective date: 2022-06-23T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Claude Duplessis, Matthew Halliday - Resource group id: resource:a6bbdd1404ac9a0a0a70 - Deposit or zone: InPit+UG - Mining method: combined - Material type: InPit+UG - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 3010000 - Grade: 4.71 - Grade Unit: g/t - Contained Metal: 456000 - Contained Unit: oz - Cutoff Grade: 2.5 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2022-06-23 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-18T00:00:00.000Z Reasoning: Inferred resource component of the 2022 estimate. Evidence · table > 4.71 Context: 3,010,000 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: effective date is 3.9 years before this release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.