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Goldgroup Files Updated Technical Report on Cerro Prieto Project
Accessnewswire· 2025-11-06 23:10
Core Points - Goldgroup Mining Inc. has filed an updated NI 43-101 technical report for the Cerro Prieto gold project in Sonora State, Mexico [1] - The report is titled "Cerro Prieto Project, Heap Leach Project, Magdalena de Kino, State of Sonora, Mexico" and has an effective date of April 4, 2025 [1] Company Summary - Goldgroup Mining Inc. is publicly traded on TSXV under the ticker GGA and on OTCQX under GGAZF [1] - The Cerro Prieto gold project is a significant asset for the company, indicating ongoing development and potential for future production [1]
Goldgroup Retains Machai Capital Inc.
Newsfile· 2025-10-14 02:04
Core Viewpoint - Goldgroup Mining Inc. has engaged Machai Capital Inc. for digital marketing services to enhance its branding and marketing efforts, subject to regulatory approval [1][2]. Group 1: Marketing Agreement - The marketing agreement with Machai includes services such as Search Engine Optimization (SEO), Search Engine Marketing (SEM), Lead Generation, Digital Marketing, Social Media Marketing, Email Marketing, and Brand Marketing [2]. - The campaign will commence immediately and run until January 14, 2026, with Machai receiving C$200,000 plus GST for its services [2]. - Machai operates at arm's length from Goldgroup and has no other relationship with the Company apart from this agreement [2]. Group 2: Company Overview - Goldgroup is a Canadian mining company with two significant gold assets in Mexico: the Cerro Prieto heap-leach gold mine and the Pinos underground gold development project [3][4]. - The Cerro Prieto mine is currently producing gold, and an optimization and exploration program is in progress to enhance production and resources [3]. - The Pinos project is at the advanced Preliminary Economic Assessment (PEA) level, with plans to restart mining operations following an updated PEA [4]. - The management team of Goldgroup consists of experienced professionals with expertise in mine development, corporate finance, and exploration in Mexico [4].
Goldgroup Reports on Cerro Prieto Optimization Program
Accessnewswire· 2025-10-09 13:00
Throughput capacity doubled with two crushing circuits now operational at site VANCOUVER, BC / ACCESS Newswire / October 9, 2025 / Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSXV:GGA)(OTCQX:GGAZF)(FSE:55G0) is pleased to announce the successful installation of a second crushing circuit at its 100% owned Cerro Prieto gold mine in Sonora, Mexico, which has doubled crushing capacity to over 4,500 tonnes per day. Goldgroup's new mining contractor is now more than doubling mine production. ...
Goldgroup to Present at the OTC Metals & Mining Virtual Investor Conference October 9th
Globenewswire· 2025-10-08 12:35
VANCOUVER, British Columbia, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX-V:GGA, OTC:GGAZF), a growing gold producer in Mexico, today announced that Mr. Ralph Shearing, CEO, will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on October 9, 2025, 12:00 PM ET. DATE: October 9, 2025     TIME: 12:00 PM ETLINK: REGISTER HEREAvailable for 1x1 meetings: October 9 – 15, 2025. Schedule 1x1 Meetings here This wil ...
Goldgroup Acquires the Majority of Creditors' Rights in Molimentales Del Noroeste Restructuring Proceeding
Accessnewswire· 2025-09-18 21:45
VANCOUVER, BC / ACCESS Newswire / September 18, 2025 / Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSXV:GGA)(OTCQX:GGAZF) is pleased to announce that it has acquired approximately 52.7% of the creditors' rights in Molimentales del Noroeste, S.A. de C.V. ("Molimentales") Concurso Mercantil (restructuring proceeding equivalent to Chapter 11 in the United States). ...
Goldgroup Announces Closing of Non-Brokered Private Placement
Accessnewswire· 2025-09-12 22:05
Core Viewpoint - Goldgroup Mining Inc. has successfully closed a CAD $4 million non-brokered private placement, indicating strong investor interest and financial backing for the company [1]. Group 1: Private Placement Details - The private placement involved the sale of 4,848,485 units at a price of $0.825 per unit [1]. - The total gross proceeds from this private placement amounted to CAD $4,000,000 [1].
Goldgroup Announces Revised Terms of Non-Brokered Private Placement
Thenewswire· 2025-08-23 00:25
Core Viewpoint - Goldgroup Mining Inc. has revised the terms of its non-brokered private placement, aiming to raise up to $4,000,000 through the issuance of units consisting of common shares and warrants [1][3]. Group 1: Private Placement Details - The private placement will consist of up to 5,000,000 units at a price of $0.80 per unit, with each unit comprising one common share and one warrant [1]. - Each warrant will allow the purchase of one additional common share at a price of $1.10 for a period of 24 months from issuance [1]. - The private placement is subject to approval from the TSX Venture Exchange, and all securities will be subject to a statutory hold period of four months and one day from closing [2]. Group 2: Strategic Intent and Use of Proceeds - The net proceeds from the private placement will be primarily used for assessing and pursuing acquisition opportunities in the mining sector [3]. - The company is focused on enhancing shareholder value by potentially acquiring operating mines or strategic stakes in other mining companies [3]. - Goldgroup has been conducting due diligence on various mineral projects but has not yet completed any acquisition transactions [3].
Goldgroup Announces Non-Brokered Private Placement
Thenewswire· 2025-08-21 19:36
Core Viewpoint - Goldgroup Mining Inc. has announced a non-brokered private placement of up to 5,000,000 units at a price of $0.80 per unit, aiming to raise up to $4,000,000 for strategic growth and acquisition opportunities in the mining sector [1][3]. Group 1: Private Placement Details - The private placement will consist of units, each comprising one common share and one-half common share purchase warrant, with each full warrant exercisable at $1.10 for 24 months [1]. - The company intends to pay finders' fees to eligible finders, subject to TSX Venture Exchange approval, and all securities will be subject to a statutory hold period of four months and one day post-closing [2]. Group 2: Strategic Growth Plans - Goldgroup is focusing on organic growth through optimization at its Cerro Prieto mine and targeted acquisitions in the mining sector [3]. - The net proceeds from the private placement will primarily be used for assessing and pursuing acquisition opportunities, with a focus on enhancing shareholder value [3]. - The company has been conducting due diligence on potential mineral projects but has not yet completed any acquisition transactions [3].
OTC Markets Group Welcomes Goldgroup Mining Inc. to OTCQX
Globenewswire· 2025-07-28 11:00
Company Overview - Goldgroup Mining Inc. is a Canadian-based mining and metals company with two high-growth gold assets in Mexico, including the Cerro Prieto heap-leach gold mine and the Pinos underground gold development project [5][6] - The company holds a 100% interest in both projects, with ongoing efforts to optimize production and resources at Cerro Prieto and to restart mining operations at Pinos [5][6] Trading on OTCQX - Goldgroup Mining Inc. has qualified to trade on the OTCQX Best Market under the symbol "GGAZF," enhancing its visibility and accessibility to U.S. investors [1][2] - Trading on OTCQX provides companies with efficient and cost-effective access to U.S. capital markets, allowing them to utilize home market reporting for compliance [3] Strategic Vision - The CEO of Goldgroup, Ralph Shearing, stated that trading on OTCQX represents a milestone in the company's strategic vision, which includes plans to double annual gold production at Cerro Prieto and advance studies on the Pinos project [4] - The company aims to broaden and diversify its shareholder base through targeted acquisitions in the mining sector, supported by its new trading status [4]
Goldgroup Announces Revised Terms of Non-Brokered Private Placement to Fuel Strategic Acquisitions and Growth
Thenewswire· 2025-07-21 12:00
Vancouver, British Columbia – TheNewswire - (July 21, 2025) Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX-V:GGA, OTC:GGAZF) announces that further to its news release dated July 18, 2025, the Company has revised the terms of its previously announced non-brokered private placement (the "Private Placement') of common shares (a "Common Shares"). The Private Placement will still consist of up to 15,000,000 units of the Company ("Units") at a price of $0.80 per Unit for aggregate gross proceeds of up ...