# Granada Gold Mine Structural Interpretation Supports Additional Drill Targets

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/granada-gold-mine-structural-interpretation-supports-additional-drill-targets--e1e963ff-a68a-4c0a-94db-bda04c79174a

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: 2026-08-21 15:04:22 UTC

Narrative sentiment: 0.10 · Bullish

## Minestarters Atlas summary

Granada Gold Mine Inc. has released a structural interpretation of the Granada Gold Mine to support future drilling targets. The announcement also restates the company's 2022 NI 43-101 mineral resource estimate, which includes 543,000 ounces of gold in the Measured and Indicated categories.

Reasoning: The release provides a structural interpretation to support future drilling but primarily restates a 2022 mineral resource estimate.

- Positive factor: structural interpretation identifies new targets

- Positive factor: mineralized package is open to depth

- Negative factor: drill program currently paused

- Negative factor: resource estimate is historical \(2022\)

Facts used in scoring: 4

## Classification and evidence

**Historical Estimate Only**

Polarity: negative

Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The mineral resource estimate provided is a restatement of the August 2022 NI 43-101 technical report.

Evidence · text

> On August 22, 2022 the Company filed an updated NI 43-101 technical report supporting the resource estimate update

**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 standards.

Evidence · text

> supporting the resource estimate update for the Granada Gold project... in accordance with National Instrument 43-101

**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 who reviewed and approved the technical information.

Evidence · text

> reviewed and approved by Matthew Halliday, P.Geo., Director of Granada Gold Mine Inc.

## 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-staging.minestarters.com/news/granada-gold-mine-structural-interpretation-supports-additional-drill-targets--e1e963ff-a68a-4c0a-94db-bda04c79174a#fact-resource-facts-0)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: GGM

#### Resource Data

- Category: measured
- Tonnes: 4900000
- Grade: 1.7
- Grade Unit: g/t
- Contained Metal: 269000
- Contained Unit: ounces

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-01-08T00:00:00.000Z

Reasoning: Restatement of 2022 resource data.

Evidence · table

> 1.70

Context: 4,900,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/granada-gold-mine-structural-interpretation-supports-additional-drill-targets--e1e963ff-a68a-4c0a-94db-bda04c79174a#fact-resource-facts-1)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: GGM

#### Resource Data

- Category: indicated
- Tonnes: 3320000
- Grade: 2.57
- Grade Unit: g/t
- Contained Metal: 274000
- Contained Unit: ounces

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-01-08T00:00:00.000Z

Reasoning: Restatement of 2022 resource data.

Evidence · table

> 2.57

Context: 3,320,000

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/granada-gold-mine-structural-interpretation-supports-additional-drill-targets--e1e963ff-a68a-4c0a-94db-bda04c79174a#fact-resource-facts-2)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: GGM

#### Resource Data

- Category: indicated
- Tonnes: 8220000
- Grade: 2.05
- Grade Unit: g/t
- Contained Metal: 543000
- Contained Unit: ounces

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-01-08T00:00:00.000Z

Reasoning: Restatement of 2022 M&amp;I resource data.

Evidence · table

> 2.05

Context: 8,220,000

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/granada-gold-mine-structural-interpretation-supports-additional-drill-targets--e1e963ff-a68a-4c0a-94db-bda04c79174a#fact-resource-facts-3)

gold

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: gold
- Ticker: GGM

#### Resource Data

- Category: inferred
- Tonnes: 3010000
- Grade: 4.71
- Grade Unit: g/t
- Contained Metal: 456000
- Contained Unit: ounces

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2022-06-23T00:00:00.000Z

#### Dates

- Event date: 2026-01-08T00:00:00.000Z

Reasoning: Restatement of 2022 resource data.

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.
