Mr. Frank Basa reports
GRANADA GOLD APPOINTS NEW DIRECTOR TO THE BOARD
Granada Gold Mine Inc. has appointed Christopher Ecclestone as a director of the company.
Mr. Ecclestone is a principal, mining analyst and commodity strategist at Hallgarten & Company. Currently based in London, England, he has extensive international mining experience. In North America, he has been the chief executive officer and director of several listed companies on the Toronto Stock Exchange, TSX Venture Exchange and Canadian Securities Exchange.
Mr. Ecclestone also serves as CEO of Mission Critical Metals, which focuses on securing supply chains for defence-critical minerals, positioning him well to evaluate strategic opportunities for Granada's rubidium asset. His expertise spans both precious and critical metals markets.
"I'm very excited by the opportunity at Granada Gold Mine, particularly in light of its past-producing status. The mantra these days, particularly with gold around $3,500 (U.S.) per ounce, is production, production, production, and applying the various skill sets of the Granada team we shall hopefully bring this storied property back onto the radar of gold investors," stated Mr. Ecclestone.
He went on to comment, "My eye was also caught by the rubidium potential at the company, a critical metal on which I have been vocal in the recent past."
Frank J. Basa, PEng, president and CEO of Granada Gold Mine, commented: "Christopher brings invaluable expertise at a pivotal moment for Granada. His deep understanding of critical and strategic minerals aligns perfectly with our rubidium discovery, where
we've achieved 99 per cent extraction rates using the Re-2Ox process.
Combined with his focus on production and capital markets experience, Christopher will be instrumental as we advance both our gold production strategy and our position as a potential supplier of strategic minerals. The convergence of these opportunities at Granada creates exceptional value potential for both traditional gold investors and those focused on securing critical mineral supply chains."
About Granada Gold Mine Inc.
Granada Gold Mine continues to develop and explore its 100-per-cent-owned Granada gold property near Rouyn-Noranda, Que., and is adjacent to the prolific Cadillac Break. The company owns 14.73 square kilometres of land in a combination of mining leases and claims.
The property includes the former Granada Gold underground mine, which produced more than 50,000 ounces of gold at 10 grams per tonne gold in the 1930s from two shafts before a fire destroyed the surface buildings. In the 1990s, Granada Resources extracted a bulk sample (pit No. 1) of 87,311 tonnes grading 5.17 grams per tonne (g/t) gold (Au). It also extracted a bulk sample (pit No. 2) of 22,095 tonnes grading 3.46 g/t Au.
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