Granada Gold Mine reported final drill results from its Fall 2018 drill program at its Granada gold project along the Cadillac Trend in Northern Quebec. The program successfully identified new significant gold intersections at depth below the recently-updated Pit-Constrained gold resources as well as at a new, previously-untested area northwest of the Pit-Constrained resources. In December 2018, the Company announced an updated resource estimate on the LONG-BARS Zone at the Granada gold project. The Pit-Constrained mineral resources include the: Measured Resources: 464,000 ounces of gold (12.8 Mt @ 1.13 g/t Au). Indicated Resources: 349,000 ounces of gold (9.6 Mt @ 1.13 g/t Au). Inferred Resources: 455,000 ounces of gold (6.9 Mt @ 2.04 g/t Au). In late Fall 2018, Granada Gold completed a 4 hole drill program totaling 2,889m. The holes tested magnetic anomalies from two areas: 1 down-dip continuity of gold mineralization at depth below the Pit-Constrained resources, and 2 a magnetic anomaly roughly 500 m northwest of the Pit-Constrained resources, identified in the magnetometer survey completed in August 2018. Holes GR-18-01 and GR-18-03 targeted the down-dip extension of gold mineralization below the Pit-Constrained resources. Hole GR-18-03 intersected multiple gold-bearing quartz veins between 564 m and 680 m downhole, exhibiting similar character to the veins typically exposed at surface within the stripped area. Hole GR-18-01 intersected a high-grade zone at around 270 meters from surface, associated with a silicified zone with disseminated pyrite within the conglomerate unit. Drill holes GR-18-04 and GR-18-05 tested a new magnetic anomaly in the North-West part of the property, outside the known resource envelope. Hole GR-18-04 confirms the presence of a new gold-bearing area northwest of the Pit-Constrained resources, hosted in a strong reddish (hematised), silicified conglomerate with disseminated sulfides and visible gold (VG). More exploration is needed to better understand this untested area, which the Company's geologists believe may be important in the origins of the Granada gold deposit. Drill include: 8.39 g/t Au over 6 meters in hole GR-18-03; Including 12.41 g/t Au over 4.0 meters. Including 45.7 g/t Au over 1.0 meter. 5.45 g/g Au over 4 meters in hole GR-18-04; Including 13.7g/t Au over 1.5 meters. Including 37.3 g/t Au over 0.5 meter. 8.15 g/t Au over 3 meters in hole GR-18-01 Including 23.3g/t Au over 1.0 meter.