Granada Gold Mine Inc. announced that preliminary drilling results from its 8,000-metre deep-hole drilling program initiated in December 2016 at the Granada Gold property near Rouyn-Noranda, Quebec. The program was initiated to test the Granada high-grade gold vein system north of the existing pits in an area not previously included in resource estimates. Hole GR-16-14, the first deep hole drilled for this program, intersected 14.5 grams/tonne Au over 4 metres including 55.9 g/t Au over 1m at 881m and 7.3 g/t Au over 1 m at 710m. The drill results support the extension of gold mineralization 350 metres east of DUP-12-03A-W2 and 450 metres down dip from GR-11-257. Both of these holes, drilled in the 2009-2012 period, intersected the high-grade vein system. Thus, the latest results support the extension at depth of high-grade mineralization associated with the presence and adjacent to the contact of the Feldspar Porphyry at 880m along the hole. The area is expected to add to mineral resources when estimates are revised later 2017.