# Granada Gold Mine Demonstrates 2.7x Grade Uplift on Open-Pit Mineralization through Ore Sorting at Saskatchewan Research Council Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/granada-gold-mine-demonstrates-2-7x-grade-uplift-on-open-pit-mineralization-thro--f45f02cf-5d48-40a1-bd2f-f44650e6b751 Original source: https://money.tmx.com/en/quote/GGM/news/4519253339787463/granada-gold-mine-demonstrates-2-7x-grade-uplift-on-open-pit-mineralization-thro Publisher: tmx Original announcement: 2026-04-28T13:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Granada Gold Mine Inc. - Ticker: GGM - Exchange: TSX - Region: Quebec - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Metallurgy, Resource update - Extracted: 2026-08-24 05:57:47 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Granada Gold Mine reported successful ore sorting test results from the Saskatchewan Research Council, demonstrating a 2.7x gold grade uplift using XRT technology. The tests showed an upgrade from 2.93 g/t to 7.87 g/t gold with 88% recovery, potentially significantly reducing processing costs and capital intensity. Reasoning: The ore sorting results demonstrate a massive grade upgrade and significant mass rejection, which fundamentally improves the project's economic profile. - Positive factor: Significant grade uplift \(2.7x\) via ore sorting - Positive factor: High gold recovery \(88%\) with XRT - Positive factor: Substantial waste rejection \(67.8%\) reducing mill throughput - Positive factor: Potential for reduced CAPEX and OPEX Facts used in scoring: 5 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Story-specific tag Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release mentions review and approval by a Qualified Person \(Matthew Halliday, P.Geo\). Evidence · text > reviewed and approved by Matthew Halliday, P.Geo., Director of Granada Gold Mine Inc., and member of the Ordre des Géologues du Québec, who is a Qualified Person **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: Matthew Halliday, P.Geo. is named as the Qualified Person. Evidence · text > reviewed and approved by Matthew Halliday, P.Geo. **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The resource estimate includes a significant Inferred component. Evidence · table > Inferred Context: 3,010,000 ## Extracted facts Stored fact records: 5. Some facts used in scoring do not have a stored record. ## Metallurgical Results (5) ### XRT sorting [Link to this fact](https://atlas-staging.minestarters.com/news/granada-gold-mine-demonstrates-2-7x-grade-uplift-on-open-pit-mineralization-thro--f45f02cf-5d48-40a1-bd2f-f44650e6b751#fact-metallurgical-facts-0) gold #### Identity - Commodity: gold - Ticker: GGM #### Test Work - Program Status: detailed - Test Type: XRT sorting - Sample: XRT Sorting: head gold grade upgraded to 7.87 g/t #### Recovery - Recovery: 88 % - Recovery Basis: actual\_test - Head Grade: 2.93 - Head Grade Unit: g/t #### Lab - Laboratory: Saskatchewan Research Council #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-28T00:00:00.000Z Reasoning: Exceptional grade upgrade from 2.93 to 7.87 g/t with high recovery. - Positive factor: 2.7x grade uplift - Positive factor: 88% recovery Evidence · text > head gold grade at 2.93 grams per tonne upgraded to 7.87 grams per tonne gold with an 88 percent recovery ### laser sorting [Link to this fact](https://atlas-staging.minestarters.com/news/granada-gold-mine-demonstrates-2-7x-grade-uplift-on-open-pit-mineralization-thro--f45f02cf-5d48-40a1-bd2f-f44650e6b751#fact-metallurgical-facts-1) gold #### Identity - Commodity: gold - Ticker: GGM #### Test Work - Program Status: detailed - Test Type: laser sorting - Sample: Laser Sorting: head gold grade upgraded to 5.13 g/t #### Recovery - Recovery: 41.5 % - Recovery Basis: actual\_test - Head Grade: 1.22 - Head Grade Unit: g/t #### Lab - Laboratory: Saskatchewan Research Council #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-28T00:00:00.000Z Reasoning: Good grade upgrade but significantly lower recovery than XRT modality. - Positive factor: Significant grade upgrade - Negative factor: Lower recovery \(41.5%\) compared to XRT Evidence · text > head gold grade of 1.22 grams per tonne upgraded to 5.13 grams per tonne gold with 41.5 percent gold recovery ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/granada-gold-mine-demonstrates-2-7x-grade-uplift-on-open-pit-mineralization-thro--f45f02cf-5d48-40a1-bd2f-f44650e6b751#fact-metallurgical-facts-2) gold #### Identity - Commodity: gold - Ticker: GGM #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-28T00:00:00.000Z Reasoning: Standard measured resource component of the existing estimate. Evidence · table > 1.70 Context: 4,900,000 ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/granada-gold-mine-demonstrates-2-7x-grade-uplift-on-open-pit-mineralization-thro--f45f02cf-5d48-40a1-bd2f-f44650e6b751#fact-metallurgical-facts-3) gold #### Identity - Commodity: gold - Ticker: GGM #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-28T00:00:00.000Z Reasoning: Standard indicated resource component of the existing estimate. Evidence · table > 2.57 Context: 3,320,000 ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/granada-gold-mine-demonstrates-2-7x-grade-uplift-on-open-pit-mineralization-thro--f45f02cf-5d48-40a1-bd2f-f44650e6b751#fact-metallurgical-facts-4) gold #### Identity - Commodity: gold - Ticker: GGM #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-28T00:00:00.000Z Reasoning: High grade but limited to inferred category. - Negative factor: Inferred category Evidence · table > 4.71 Context: 3,010,000 ## 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.