Granada Gold Mine Inc. announced the development of a high-grade flow sheet for the ore at its Granada property. Leveraging this advancement, the company is currently sourcing the main processing equipment designed to operate at 10 grams per tonne (gpt) gold or higher, with a targeted capacity of 550 tonnes per day. The plant is of modular design and can be increased in increments of 550 tonnes per day capacity.

Historically, Granada's vein 1 was mined from underground at an impressive grade of 9-10 gpt gold. With this new flow sheet and equipment, Granada Gold Mine is positioned to become a low-cost producer of gold on the prolific Cadillac Break. Granada Gold Mine anticipates a low capital expenditure (CAPEX) for the return on investment, particularly in light of the rising gold prices.

This favorable combination of factors underscores the company's confidence in the economic viability and potential profitability of the Granada project.