Granada Gold Mine

What Granada Gold Mine does

Granada Gold Mine Inc. (TSX-V: GGM; OTC: GBBFF; Frankfurt: B6DA) is a Canadian junior mining and exploration company headquartered in Coquitlam, British Columbia, with a mine bureau in Rouyn-Noranda, Quebec, and a workforce of 11-50 employees. Founded in 2004 as Gold Bullion Development Corp. and rebranded to its current name in January 2017, the company is single-asset and focused entirely on advancing its 100%-owned Granada Gold Property, situated 15 minutes from Rouyn-Noranda on the prolific Cadillac Trend in the Abitibi Greenstone Belt — a district that has produced more than 50 million ounces of gold over the past 100 years. Updated June 2026 NI 43-101 Mineral Resource Estimates report 890,600 oz Au in the Measured & Indicated category (15,982,000 tonnes at 1.73 g/t) and 865,500 oz Au Inferred (20,096,000 tonnes at 1.34 g/t), with a potential 5.5 km strike length of which approximately 80% remains unexplored, and a recent co-located rubidium (alkali metal) discovery.

The company's core technical stack centres on a permitted "Rolling Start" bulk-sample production pathway, XRT (X-ray transmission) ore sorting technology that demonstrably upgraded feed grade from 2.93 g/t to 7.87 g/t gold at 88% recovery while rejecting 67.8% of material as waste (a 2.7x gold-grade uplift independently validated at the Saskatchewan Research Council), and on-site gravity concentration processing recently authorized in May 2026. Ore will be processed via custom-milling arrangements with IAMGOLD's Westwood Mill (permitted January 2015) and a provisional milling agreement with Canada Cobalt Works covering up to 2 million tonnes over three years. Capital is sourced exclusively from equity: cumulative disclosed private placements total approximately CAD 19.5 million across tranches since 2009, with recent raises of CAD 200,000 (December 2024 Quebec flow-through) and CAD 2,163,360 (January 2026).

The company is pre-revenue and has not yet reached commercial production. Its stated target is to transform into a 100,000 oz/yr gold producer, supported by an Ausenco-led feasibility study scope (engaged 2018) covering 80,000–100,000 oz/yr. Future revenue mechanics are commodity-driven: extracted gold would be sold directly to refineries and commodity market participants, with no disclosed pricing differentiation. Customer-facing activity is investor-relations-led, anchored in email newsletters, social media (Facebook, Twitter, LinkedIn), SEDAR filings via newsfilecorp/stocktitan distribution, and participation in investor conferences (e.g., Vancouver Resource Investment Conference).

Name

Granada Gold Mine

Legal name

Granada Gold Mine Inc.

Website

https://granadagoldmine.com

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Granada Gold Mine Inc. is a Canadian junior gold mining and exploration company advancing its 100%-owned Granada Gold Property on Quebec's Cadillac Trend toward a permitted Rolling Start bulk-sample operation and a 100,000 oz/yr production target, using XRT ore sorting and gravity concentration.

Ownership category

akta.pro rank

Product category

Gold Mining

NAICS

Gold Ore and Silver Ore Mining (212220)

SIC

Gold And Silver Ores (1040)

akta.pro primary industry

Precious Metals Exploration & Project Development (IMAKAEAI)

Keywords

• Gold mining
• Mineral exploration
• Gold production
• Ore processing
• Mining exploration services

Headquarters

HQ city

Coquitlam

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Gold Production and Sales: As a gold mining company approaching production, revenue will be generated through the extraction and sale of gold. The company is advancing its Granada Gold Project toward commercial production targeting 100,000 oz/yr gold output. Current focus is on development and exploration with resources of 890,600 oz Au (Measured & Indicated) and 865,500 oz Au (Inferred).

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Granada Gold Mine is a Canadian junior mining and exploration company developing its 100%-owned Granada Gold Property near Rouyn-Noranda, Quebec, along the prolific Cadillac Trend. The company is advancing toward becoming a 100,000 oz/yr gold producer through a permitted 'Rolling Start' bulk-sample operation, using XRT ore sorting and on-site gravity concentration processing. It also conducts diamond drilling exploration programs and produces NI 43-101 compliant mineral resource estimates.

Product overview

Granada Gold Mine Inc. is a Canadian junior mining and exploration company developing its 100%-owned Granada Gold Project near Rouyn-Noranda, Quebec. The company's primary offering is its gold mining property along the prolific Cadillac Trend, currently advancing toward production through a permitted Rolling Start bulk-sample operation. Key processing technologies include XRT ore sorting (providing 2.7x grade uplift) and gravity concentration. The portfolio includes near-surface open-pit resources and high-grade underground potential, with Measured and Indicated resources of 890,600 oz Au and Inferred resources of 865,500 oz Au. The company also conducts exploration drilling programs to expand resources.

Differentiator

Problem solved

Functional benefit

Products and services

• Granada Gold Project 100%-owned gold property located near Rouyn-Noranda, Quebec along the Cadillac Trend. Features Measured and Indicated resources of 890,600 oz Au (15,982,000 tonnes at 1.73 g/t Au) and Inferred resources of 865,500 oz Au (20,096,000 tonnes at 1.34 g/t Au). Gold produced is sold to refineries and commodity markets.
• Diamond Drilling Exploration Services Exploration drilling services conducted on the Granada Gold Property, including Phase 2 drill programs (20,000+ metres) in the Long Bars Zone designed to expand and define mineral resources.

Quantifiable outcome

• Ore sorting achieved 2.7x gold-grade uplift (from 2.93 g/t to 7.87 g/t) at 88% recovery with 67.8% material rejected as waste before milling
• +2 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Saskatchewan Research CouncilcoreTechnology or Integration · 28 April 2026Independent ore-sorting test program conducted at the Saskatchewan Research Council demonstrating 2.7x gold-grade uplift using XRT sorting technology. Results will be incorporated into updated NI 43-101 technical report.
• Ausenco LimitedcoreImplementation/ SI/ Consulting Partner · 6 April 2018Selected Ausenco Limited to undertake a feasibility study for development of a mine with production capacity of 80,000 to 100,000 ounces of gold per year on the Granada Gold Property. Ausenco is recognized for innovation and efficiency in mining studies.
• Canada Cobalt Works / Castle Silver ResourcescoreStrategic or Co-development Partner · 31 October 2017Provisional milling agreement with Canada Cobalt Works (formerly Castle Silver Resources) for processing 579,000 tonnes of ore at 4.24 g/t gold, with option to process up to 2 million tonnes of mineralized material from Granada Mine over three years. The company also distributed Castle/Canada Cobalt units as dividends to shareholders.
• Wimmer FinancialminorImplementation/ SI/ Consulting Partner · 17 October 2017Service contract with Wimmer Financial LLP for financial advisory services. Company issued shares as payment for services.
• DRA Americas Inc.coreImplementation/ SI/ Consulting Partner · 6 March 2017Letter of Intent with DRA Americas Inc. to act as technical advisor in the development of the Granada Gold Project and evaluation of a CPET (Concentrator Processing Equipment Technology) option.
• Temagami First Nation and Teme-Augama AnishnabaiminorStrategic or Co-development Partner · 7 February 2017Letter of Intent signed with Temagami First Nation and Teme-Augama Anishnabai regarding the Granada Gold Project.
• QMX Gold CorporationminorStrategic or Co-development Partner · 13 January 2016Processing agreement with QMX Gold Corporation for treatment of historical stockpiled oversized mineralized material from the Granada mine site.
• IAMGOLD Corp.coreStrategic or Co-development Partner · 16 January 2015IAMGOLD Corp. received amended Certificate of Authorization to process Gold Bullion's LONG Bars Zone ore at the Westwood Mill. This is a critical processing partnership for the company's Rolling Start production pathway, enabling ore processing through IAMGOLD's existing milling infrastructure.
• Timiskaming First NationminorStrategic or Co-development Partner · 26 August 2014Signing of a communications protocol with Timiskaming First Nation, and separate MOU signed in January 2015 regarding the Granada Project. This is part of the company's community engagement and Indigenous peoples consultation process.

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• Xx.com/granadagold
• Facebookfacebook.com/granadagoldmineinc/?hc_ref=SEARCH&fref=nf
• LinkedInlinkedin.com/company/16205211

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Granada Gold Mine