GEOLOGICAL SETTING AND MINERALIZATION

A mesothermal structurally controlled vein-type deposit, Granada lies within the prolific Abitibi Greenstone Belt, one of the largest greenstone belts in the world with documented historical production of 160 million ounces of gold and climbing.

Sept 2016 - from two tonne near surface chip sample.

The Cadillac Trend, a major focus for gold mineralization in Quebec, traverses the northern part of Granada. Numerous gold occurrences and mines are spatially related to the Cadillac Fault regional structure. Multiple secondary faults at Granada have become areas of intense interest since they may have acted as permeable conduits for mineralizing fluids (higher grades in the LONG Bars Zone appear to be concentrated in close proximity to these structures).

Granada is situated within intensely hydrothermally altered rocks of the Timiskaming group. The property is underlain principally by east-west trending, north-dipping interbedded polymictic conglomerate, porphyry-pebble conglomerate, greywacke and siltstone-mudstone of the Granada Formation.

Visible gold in recent rock samples.