Granada Gold Mine Inc. announced that it has submitted the documentation with the completed required work program to the Directorate of Development and Control of Mining Activity, Ministry of Natural Resources and Forests, Quebec. The same renewal application process was used recently to renew mining lease BM852. Mine Development Leases Highlights: Mining Lease BM813: Granada Gold Mine's renewal application for this 21.12-hectare mining lease has been submitted and is awaiting approval.

Results from a 500-tonne surface bulk sample, taken in 2022 from BM813 from high-grade Vein 1 and processed at Temiskaming Testing Laboratory in Cobalt, Ontario, was reported November 28, 2023 as grading 3.95 grams per tonne gold; Mining Lease BM852: Granada Gold Mine applied and had the 22.4-hectare mining lease renewed for 10 years. To keep the mining lease active, a 500-tonne surface Bulk sample was taken in 2020. The sample was processed at Temiskaming Testing laboratory in Cobalt, Ontario.

The material graded 4.33 grams per tonne gold. All three surface bulk samples taken to-date along strike have returned grades well above the estimated Measured and Indicated Mineral Resource average grade of 2.05 g/t gold in the resource calculation. At this stage of evaluating the surface mineralization sample, the company is assessing the grade of the material without any high-grade visible gold.