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Granada Gold Mine to Complete Structural Analysis over 5.5 Kilometers of Mineralized Structure for the Granada Gold Property

Source: TheNewsWire

(TheNewswire)

Rouyn Noranda, Q.C. - TheNewswire- November 17, 2025 - Granada Gold Mine Inc.(TSXV: GGM) (OTC: GBBFF) (Frankfurt: B6D) (the "Company" or"Granada") has contracted  Ronacher McKenzie GeoscienceInc. (RMG) to review the Company’s data to provide a new structuralinterpretation of the Granada property.

“With 80 percent of the 5.5-kilometer east-westmineralized structure largely unexplored, and with the price of goldnow over US$4,000 an ounce, which is significantly higher than whenthe resource estimates for the property were done several years ago, there ispotential for a significant resource increase,” stated CEO FrankBasa, P.Eng. Ontario.

“We are very pleased that RMG has agreed to conductthe review. We have drilled intensively in the southwestern part ofthe Granada property, near the past-producing mine, to develop a goldresource estimate close to the surface suitable for an open pit.However, developing the structural analysis across the property andtying the existing knowledge from the high-density drilled area to theunder-explored claims laterally and to depth will boost the geologicalknowledge of the entire property.”

There is a significant amount of both public andCompany sources of geophysical, geological and cultural data that willbe used to complete a detailed lineation study to provide a newstructural evaluation.  This information, along with the drilldatabase from over 150,000 metres of drilling developed from Companydrill data since 2007 and historic drill data from the 1990s, willprovide additional information to add to the overall interpretationprocess.  To be able to explore at depth at the north end of theproperty as well as along strike both east and west from the core areacurrently explored, a structural interpretation will provideinformation critical to the success of future and ongoingexploration.

Qualified person

The technical information in this news release was reviewed andapproved by Matthew Halliday, P.Geo., Director of Granada Gold MineInc., and member of the Ordre des Géologues du Québec, who is aQualified Person in accordance with National Instrument 43-101.

Mineral Resource Estimate

On August 22, 2022 the Company filed an updated NI43-101 technical report supporting the resource estimate update forthe Granada Gold project (Please see July 6, 2022 newsrelease ) reporting that the Granada depositcontains an updated mineral resource, at a base case cut-off grade of0.55 g/t Au for pit constrained mineral resources within a conceptualpit shell and at a base case cut-off grade of 2.5 g/t for undergroundmineral resources within reasonably mineable volumes, of 543,000ounces of gold (8,220,000 tonnes at an average grade of 2.05 g/t Au)in the Measured and Indicated category, and 456,000 ounces of gold (3,010,000 tonnes at an average gradeof 4.71 g/t Au) in the Inferred category. Please see Table 1 below forfull details. Report reference : Granada Gold Project Mineral Resource Estimate Update,Rouyn-Noranda, Quebec, Canada authored by Yann Camus, P.Eng. andMaxime Dupéré, B.Sc, P.Geo., SGS Canada Inc. dated August 20th,2022 and with an effective date of June 23rd, 2022.

Table 1: Mineral Resource Estimate Showing Tonnes,Average Grade, and Gold Ounces

Cut-Off

(g/t Au)

Classification

Type

Tonnes

Au (g/t)

Gold Ounces

0.55 / 2.5

Measured 1

InPit+UG

4,900,000

1.70

269,000

Indicated

InPit+UG

3,320,000

2.57

274,000

Measured & Indicated

InPit+UG

8,220,000

2.05

543,000

Inferred

InPit+UG

3,010,000

4.71

456,000

About Granada Gold Mine Inc.

Granada Gold Mine Inc. continues to develop and exploreits 100% owned Granada Gold Property near Rouyn-Noranda, Quebec, andis adjacent to the prolific Cadillac Break. The Company owns 14.73square kilometers of land in a combination of mining leases andclaims. The Company is currently undergoing a large drill program with 20,000m out of 120,000m complete.The drills are currently paused to provide the technical team with thenecessary time to evaluate, assimilate existing data and wait forimproved market conditions.

The Granada Shear Zone and the South Shear Zonecontain, based on historical detailed mapping as well as from currentand historical drilling, up to twenty-two mineralized structurestrending east-west over five and a half kilometers. Three of thesestructures were mined historically from four shafts and three openpits. Historical underground grades were 8 to 10 grams per tonne goldfrom two shafts down to 236 m and 498 m with open pit grades from 3.5to 5 grams per tonne gold ( 43-101 reference ).

The property includes the former Granada Goldunderground mine which produced more than 50,000 ounces of gold at 10grams per tonne gold in the 1930’s from two shafts before a firedestroyed the surface buildings.  In the 1990s, Granada Resourcesextracted a bulk sample (Pit #1) of 87,311 tonnes grading 5.17 g/t Au. They also extracted a bulk sample (Pit # 2) of 22,095 tonnes grading3.46 g/t Au.  Details available in 43-101 report and on Company website: https://granadagoldmine.com/ .

For further information, Contact:

Frank J. Basa, P.Eng. member of ProfessionalEngineers Ontario

Chief Executive Officer

P: 416-625-2342

Or:

Wayne Cheveldayoff,

Corporate Communications

P: 416-710-2410

E: waynecheveldayoff@gmail.com

Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.

Forward Looking Statements

This news release may containforward-looking statements which include, but are not limited to,comments that involve future events and conditions, which are subjectto various risks and uncertainties. Except for statements ofhistorical facts, comments that address resource potential, upcomingwork programs, geological interpretations, receipt and security ofmineral property titles, availability of funds, and others areforward-looking. Forward-looking statements are not guarantees offuture performance and actual results may vary materially from thosestatements. General business conditions are factors that could causeactual results to vary materially from forward-looking statements. The Company does notundertake to update any forward-looking information in this newsrelease or other communications unless required by law.

Copyright (c) 2025 TheNewswire - All rights reserved.

Granada Gold Mine Inc.

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