{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Granada Gold Mine (TSXV:GGM) - New Leadership Strategy Reset & Planned Drilling","html":"","width":"100%","height":180,"duration":1102,"description":"Interview with J.W. Dumont, President of Granada Gold Mine \nRecording date: 21st October 2026\nGranada Gold Mine Inc. (TSXV:GGM) owns the past-producing Granada Gold Project near Rouyn-Noranda, Québec, alongside the Cadillac Break in the Abitibi gold belt. The property produced over 51,400 ounces from two shafts between 1930 and 1935 and was worked again by open pit in the 1990s. Despite this history and a large resource, the company has a market capitalisation of C$7.95 million and has struggled to carry its strategies through to completion.\nJ.W. Dumont was appointed President on September 2026. He spent almost seven years in Côte d'Ivoire, where a mining-finance venture became an operating gold mine after its original model failed. At Granada, his mandate is a corporate turnaround built on capital discipline, more transparent communication and clearing legacy liabilities and reputational issues over the next three to 12 months. The board will be reshuffled, new strategic advisers added, and Dumont expects to become CEO if the market is receptive.\nThe 2026 mineral resource estimate reports 890,600 ounces M&I at 1.73 g/t and 865,500 ounces Inferred at 1.34 g/t which are 64% and 90% higher than in 2022. The increase came from raising the gold price assumption to about US$4,270 per ounce and lowering cut-off grades, not from drilling. No holes have been drilled since 2022. Gold traded near US$4,166 per ounce as of October 2026, so the resource's sensitivity to lower prices is a live question. Dumont said the aim is a resource that holds up at multiple price levels, but that analysis has not been published.\nDrilling is the main lever. Granada applied for drill permits in October 2026 and plans infill to raise confidence in existing ounces, followed by extensions along strike and at depth. Dumont set an aspirational ceiling of 100,000 metres over two years, funded in tranches of 2 to 5 million. In practice he expects to start small. The scope, budget and schedule have...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}