From Rouyn-Noranda, Quebec, 11:30 pm EST 03/15/10
The first of our three days here has been an eye-opener to say the least, not to mention exhaustive. We have one picture from Granada to share with you tonight and much more Tuesday and throughout the week, including a very interesting interview with Gold Bullion President/CEO Frank Basa which we recorded this afternoon at the LONG Bars Zone (we’ll be uploading this in a separate article Tuesday). It was rather fitting that we arrived here under beautiful blue skies, underscoring the “blue sky” potential Granada clearly offers as a possible major bulk tonnage, open-pit deposit with near surface mineralization.
Below is a picture of Basa standing at hole #21 (GR-10-21) on the west side of the property (assay results are still pending on this hole along with 12 others). We have many pictures to still sort through and take, and we’ll be back at the property again Tuesday afternoon and Wednesday morning.
We can clearly sense Basa’s enthusiasm and his belief that his geological team is beginning to crack the Granada “code” – these are still the very early stages, but the drilling for “structure” in December and January not only gave Gold Bullion some exciting discovery holes (17 and 12 in particular) but also an improved overall understanding of the dynamics of this growing mineralized system. Mines are made, not found. Recent assay results alone confirm that Gold Bullion has something potentially very big to go after at Granada, and they are going to relentlessly pursue it very soon with a massive new drill program. Basa is determined to drill and keep on drilling until he makes Granada a world class bulk tonnage, open-pit deposit.
It’s one thing to see the prolific “Cadillac Trend” on a map. It’s quite another to actually drive along that corridor as we did today and see mine after mine and exploration project after exploration project. This area is a mining paradise with communities nestled right in. Granada has something huge going for it – location, location, location, right along a proven trend with excellent nearby infrastructure.
The biggest of the bunch, of course, is the one pictured right below – Osisko’s (OSK, TSX) Canadian Malartic Deposit, just 65 kilometres east of Gold Bullion’s Granada Property.
Visit us throughout the week for more reports on what we believe is the next major “Cadillac Trend” discovery – Gold Bullion’s Granada Gold Property.
