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Granada Gold Mine Addresses Processing Shortage
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Granada Gold Mine Addresses Processing Shortage

Granada Gold Mine Inc (TSE:GGM) has released an update.

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Granada Gold Mine Inc. is exploring solutions to the local gold ore processing shortfall by considering custom milling contracts with Quebec and Ontario mills, potentially installing an on-site mill, or using pre-concentration techniques. Facing a shortage in ore supply for local mills, with some even shutting down, this initiative by Granada could provide a much-needed boost to the gold industry and benefit shareholders. The company continues to develop its Granada Gold Property and has completed 30,000 meters of a 120,000-meter drilling program.

For further insights into TSE:GGM stock, check out TipRanks’ Stock Analysis page.

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