Northwire Canada EditionSaturday, August 8, 2026
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WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%
Resource Estimate Neutral

Granada Gold Mine Announces Filing of NI 43-101 Technical Report for The Granada Gold Project, Quebec, with Updated Resource Estimate

Granada files a formal NI 43-101 report for its June resource update, confirming no new data has been added to the deposit.

By The Northwire Desk — AI Analysis Aug 07, 2026 · 17:15 GGM · 0.04 Granada Gold Mine Inc.
Executive Summary

Granada Gold Mine Inc. has announced the filing of an NI 43-101 Technical Report for its Granada Gold Project in Quebec. The report incorporates the updated 2026 Mineral Resource Estimate (MRE), which was initially disclosed on June 23, 2026. Prepared by Claude Duplessis, P.Eng., of GoldMinds Geoservices Inc., the MRE reflects a 64% increase in Measured & Indicated resources to 890,600 oz Au and a 90% increase in Inferred resources to 865,500 oz Au.

The company is currently advancing a preliminary economic assessment (PEA) and has planned drilling for lateral and depth expansion. This filing serves as the formal regulatory submission for the June data, with no new resource figures or operational milestones introduced.

Material Impact

The filing serves as a procedural follow-up to the June 23, 2026 resource update, confirming previously disclosed resource numbers without altering the project's economic outlook or development timeline. Market expectations were already priced in following the June announcement and subsequent conference presentations. The transaction represents routine administrative compliance with Canadian securities regulations (NI 43-101), and no material positive or negative impact on the stock price is anticipated from this specific filing.

GGM · Price
Company Overview

Granada Gold Mine Inc. is a gold exploration and development company focused on the Granada Gold Project in Rouyn-Noranda, Quebec. The project is located adjacent to the Cadillac Break in the Abitibi greenstone belt and is 100% owned, covering 14.73 square kilometers. Historical production includes over 50,000 ounces of gold at 10 g/t in the 1930s.

The company holds a Certificate of Authorization for a "Rolling Start" pathway, allowing mining of 550 tonnes per day from an open pit. Management is pursuing a low-capital-intensity development strategy involving XRT ore sorting and on-site gravity concentration to upgrade ore grade before processing.

Read the original news release →

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