March 6 (Reuters) - Granada Gold Mine Inc GGM.V :
* Granada Gold Mine announces letter of intent from DRA Americas Inc.
* LOI outlines a multi-phase process involving DRA's participation in evaluation of two options for company
* LOI is for co to act as a technical advisor in development of Granada Gold project near Rouyn-Noranda, Quebec Source text for Eikon: ID:nCNWPG1Pka Further company coverage: GGM.V