Granada Gold Mine Inc. provided an update of its ongoing bulk sampling program. Ongoing Bulk Sampling Program Highlights: The first bulk sample returned a calculated gold grade of 45.6 g/t on 1,220 kilograms which was taken from a 3-meter strike length on surface, on the historical mined Vein One. Historical open-pit mining produced 3.5 to 5.0 g/t gold from surface open-pit mining and 9.0 to 10.0 g/t goldfrom underground.

The diamond drill hole GR-19-A intersected 11.45 g/t gold from 0 to 33 metres core length where the bulk sample was taken. The gold-bearing sulfides were not recovered and are not part of the gold assay. The second bulk sample returned a calculated goldgrade of 4.33 g/t in 500 tonnes of mineralized material on the same location as the first bulk sample of which returned 45.6 g/t gold.

The 4.33 g/t gold grade did not include any native gold in the assay. The difference between the two assays of mineralized material may be attributed to the non- inclusion of native gold in the gold assay and dilution due to the blasting. Both samples were taken 400 meters east of Pit 1 on Vein One which returned open-pit grades between 3.5 to 5. 0 g/t gold.

The third bulk sample was blasted just next to the east of Pit 1 where a bulk sample of 100,000 tonnes was previously taken out in the 1990s and graded 3.5 to 5.5 g/t gold. This recent sample was blasted in the 3rd quarter last year and had not been extracted or processed at TTL. The gold grade is 1.6 g/t gold from the blasters drill cuttings.