# Granada Gold Mine Structural Interpretation Supports Additional Drill Targets Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/granada-gold-mine-structural-interpretation-supports-additional-drill-targets--cfb727d8-a076-4f0b-ac9f-1471df910728 Original source: https://money.tmx.com/en/quote/GGM/news/5436832386166427/granada-gold-mine-structural-interpretation-supports-additional-drill-targets Publisher: tmx Original announcement: 2026-01-08T15:10:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Granada Gold Mine Inc. - Ticker: GGM - Exchange: TSX - Region: Quebec - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Resource update, Other - Extracted: 2026-09-14 03:03:18 UTC Narrative sentiment: 0.00 · Neutral ## Minestarters Atlas summary Granada Gold Mine Inc. has released a structural interpretation of the Granada Gold Mine that identifies new potential drill targets and increased structural complexity in the southern part of the property. The announcement also restates the company's 2022 Mineral Resource Estimate, which includes 543,000 ounces of gold in the Measured and Indicated categories. Reasoning: The release is primarily a re-release of a historical resource estimate from 2022 to provide context for new structural interpretations; no new assay or resource data was reported. - Positive factor: structural interpretation identifies additional drill targets - Positive factor: mineralized package is open to depth - Negative factor: current drill program is paused Facts used in scoring: 4 ## Classification and evidence **Stale Estimate** Polarity: negative Definition: Effective date is >2 years old — data currency concern, may not reflect current geological understanding. Why it applies: The resource estimate provided is from an effective date of June 23, 2022, which is more than 2 years old relative to the publication date. Evidence · text > effective date of June 23rd, 2022 **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The resource estimate is stated to be in accordance with NI 43-101. Evidence · text > in accordance with National Instrument 43-101 ## 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-structural-interpretation-supports-additional-drill-targets--cfb727d8-a076-4f0b-ac9f-1471df910728#fact-resource-facts-0) Granada Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Granada Gold Project - Commodity: gold - Region: canada\_qc - Reported Region: Quebec - 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: Matthew Halliday - Resource group id: resource:de68a0a935c19e2ec3ff - Deposit or zone: Granada Gold Mine - Mining method: combined - Material type: InPit+UG - Ownership percent: 100 % - Resource basis: gross #### 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: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2022-08-22T00:00:00.000Z #### Dates - Event date: 2026-01-08T00:00:00.000Z Reasoning: Historical resource component restated from 2022 report. 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 **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 3.5 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/granada-gold-mine-structural-interpretation-supports-additional-drill-targets--cfb727d8-a076-4f0b-ac9f-1471df910728#fact-resource-facts-1) Granada Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Granada Gold Project - Commodity: gold - Region: canada\_qc - Reported Region: Quebec - 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: Matthew Halliday - Resource group id: resource:9d016bbb57f7732ab6e6 - Deposit or zone: Granada Gold Mine - Mining method: combined - Material type: InPit+UG - Ownership percent: 100 % - Resource basis: gross #### 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: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2022-08-22T00:00:00.000Z #### Dates - Event date: 2026-01-08T00:00:00.000Z Reasoning: Historical resource component restated from 2022 report. 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 **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 3.5 years before this release ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/granada-gold-mine-structural-interpretation-supports-additional-drill-targets--cfb727d8-a076-4f0b-ac9f-1471df910728#fact-resource-facts-2) Granada Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Granada Gold Project - Commodity: gold - Region: canada\_qc - Reported Region: Quebec - 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: Matthew Halliday - Resource group id: resource:47e669bc99ffa4c51758 - Deposit or zone: Granada Gold Mine - Mining method: combined - Material type: InPit+UG - Ownership percent: 100 % - Resource basis: gross #### 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: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2022-08-22T00:00:00.000Z #### Dates - Event date: 2026-01-08T00:00:00.000Z Reasoning: Historical resource component restated from 2022 report. 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 **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 3.5 years before this release ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/granada-gold-mine-structural-interpretation-supports-additional-drill-targets--cfb727d8-a076-4f0b-ac9f-1471df910728#fact-resource-facts-3) Granada Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Granada Gold Project - Commodity: gold - Region: canada\_qc - Reported Region: Quebec - 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: Matthew Halliday - Resource group id: resource:428653643fd4a9ca6788 - Deposit or zone: Granada Gold Mine - Mining method: combined - Material type: InPit+UG - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 3010000 - Grade: 4.71 - Grade Unit: g/t - Contained Metal: 456000 - Contained Unit: oz - Cutoff Grade: 0.55 - Cutoff Unit: g/t Au #### Prior Estimate - Resource Date: 2022-06-23 #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2022-08-22T00:00:00.000Z #### Dates - Event date: 2026-01-08T00:00:00.000Z Reasoning: Historical resource component restated from 2022 report. 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 **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 3.5 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.