Goldgroup Mining Inc.

Goldgroup Mining is pleased to announce a non-brokered private placement of up to 35,000,000 units of the Company at a price of $0.10 per Unit for aggregate gross proceeds of up to $3,500,000. Each Unit will consist of one common share and one-half common share purchase warrant, with each full warrant being exercisable to purchase one Common Share at a price of $0.15 for 24 months from the date of issuance. The Company [...]

Goldgroup Mining is pleased to announce that it has closed the non-brokered private placement previously announced on Nov 1, 2024. Pursuant to the Private Placement, the Company issued a total of 3,181,818 units at CAD $0.055 per Unit for gross proceeds of approximately CAD $175,000. Each Unit consists of one common share and one common share purchase warrant, with each Warrant being exercisable to purchase one Common [...]

Goldgroup Mining is pleased to announce a non-brokered private placement of up to 3,181,818 units of the Company at a price of $0.055 per Unit for aggregate gross proceeds of up to approximately $175,000. Each Unit will consist of one common share and one common share purchase warrant, with each Warrant being exercisable to purchase one Common Share at a price of $0.10 for 24 months from the date of issuance; provided [...]

Goldgroup Mining is pleased to update shareholders on its effort of expanding crushing and leaching capacity at the Company's 100% owned Cerro Prieto Mine. HIGHLIGHTS Primary crusher installed and operational at design capacity of 2,200 tonnes pre day at 80 of 6" for new Crushing Circuit # 2. C2's Secondary crusher in machine shop for major overhaul. Capacity of 1,250 Tonnes per day at P80 of 1,225 tonnes per day [...]

Goldgroup Mining is pleased to share recent positive metallurgical testing results for Esperanza and Neuva Esperanza Zones at the Company's 100% owned Cerro Prieto Mine. HIGHLIGHTS Cyanide Agitated Bottle Roll Leach Testing on Composite Samples Esperanza Zone - Average gold, silver extractions of 78.03%, and 63.12% obtained after 72 hours of retention time. Nueva Esperanza Zone - Average gold silver extractions of 82.07 [...]

Goldgroup Mining is pleased to announce that it has closed the non-brokered private placement previously announced on August 22, 2024. Pursuant to the Private Placement, the Company issued a total of 15,500,00 units at CAD $0.05 per Unit for gross proceeds of CAD $775,000. Each Unit consists of one common share and one common share purchase warrant, with each Warrant being exercisable to purchase one Common Share at a [...]

Goldgroup Mining is pleased to announce the retention of Peak Investor Marketing, which provides full-service marketing and consulting services focused on the junior mining sector. Peak is an independent arms-length entity that will assist Goldgroup with marketing strategy and planning, corporate communications and public relations, with the goal of increasing market awareness for the Company. Peak has been retained by [...]

Goldgroup Mining is pleased to announce a non-brokered private placement of up to 20,000,000 units of the Company at a price of $0.05 per Unit for aggregate gross proceeds of up to approximately $1,000,000. Each Unit will consist of one common share and one common share purchase warrant, with each Warrant being exercisable to purchase one Common Share at a price of $0.10 for 24 months from the date of issuance; provided [...]

Goldgroup Mining has entered into an agreement on August 13, 2024 to acquire all of the interests owned by a group of creditors who own a loan facility pursuant to which various advances were made to Minera Apolo. The outstanding amount under the Loan Facility is currently approximately USD $2.7 million and the facility is secured against the assets and shares of Apollo located in San Luis Potosi, Mexico. Upon completion [...]

Goldgroup Mining is saddened to report a fatality at its Cerro Prieto mine in Sonora, Mexico. In an isolated incident, a mining contractor's employee was fatally injured while working in the Esperanza pit when recently blasted rock dislodged striking the worker during inspection of the blasted aera. "It is with deep sadness that we report the tragic loss of a contractor colleague. Our thoughts are with the family, friends [...]