on Goldgroup Mining, Inc. (CVE:GGA)
Goldgroup Releases Updated Technical Report on Cerro Prieto Project
Goldgroup Mining Inc. has announced the filing of an updated NI 43-101 technical report on the Cerro Prieto gold project in Sonora, Mexico. The report, prepared by independent experts, assesses mineral resources of the Esperanzas Deposit within the Cerro Prieto Mine. The project has produced around 136,000 ounces of gold since 2013. Recently, the introduction of a second crushing circuit doubled the crushing capacity, aiming to increase gold production.
The report highlights potential in the Esperanzas Deposit area and surrounding targets. Goldgroup has initiated exploration and preparations for tailings reprocessing, intending to optimize gold output further. As of April 2025, measured and indicated resources total 37,209 ounces of gold, with inferred resources estimated at 1,504 ounces.
R. P.
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