Granada Gold Announces Appointment of New CFO

Company Overview - Granada Gold Mine Inc. has appointed Heidi Gutte as the new Chief Financial Officer, effective immediately, replacing Remantra Sheopaul [1] - Heidi Gutte brings nearly 15 years of experience in corporate finance, IFRS financial reporting, audit preparation, tax optimization, and corporate compliance within the mineral exploration and junior mining sector [2] - The company expresses gratitude to Mr. Sheopaul for his contributions and wishes him well in future endeavors [3] Mining Operations - Granada Gold Mine Inc. is actively developing and exploring its 100% owned Granada Gold Property located near Rouyn-Noranda, Quebec, which is adjacent to the Cadillac Break [5] - The company owns 14.73 square kilometers of land, consisting of mining leases and claims, and is currently conducting a large drill program with 20,000 meters completed out of a planned 120,000 meters [5] - Drilling operations are currently paused to allow the technical team to evaluate existing data and await improved market conditions [5] Historical Production - The Granada Shear Zone and the South Shear Zone contain up to twenty-two mineralized structures trending east-west over five and a half kilometers, with historical underground grades ranging from 8 to 10 grams per tonne gold [6] - The former Granada Gold underground mine produced over 50,000 ounces of gold at a grade of 10 grams per tonne in the 1930s before a fire destroyed surface buildings [7] - In the 1990s, Granada Resources extracted a bulk sample of 87,311 tonnes grading 5.17 grams per tonne gold from Pit 1 and 22,095 tonnes grading 3.46 grams per tonne gold from Pit 2 [7]