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Goldgroup Mining Inc. (“Goldgroup” or the “Firm”) (TSXV:GGA)(OTCQX:GGAZF) is happy to announce that it has filed an up to date NI 43-101 technical report on the Cerro Prieto gold undertaking positioned in Sonora State, Mexico. The report is entitled “Cerro Prieto Mission, Heap Leach Mission, Magdalena de Kino, State of Sonora, Mexico” with an efficient date of April 4, 2025 (referred to herein because the “Report”). The Report, ready by Rodrigo R Carneiro MSc, QP, SME Registered Member, José Antonio Olmedo MSc, P. Eng. Geo, QP, SME Registered Member and Cristian Garcia, P. Eng., QP, Registered at Engineers and Geoscientists of British Columbia and unbiased of the Firm. The Report is on the market for viewing on Sedar+.
The Report supplies unbiased evaluation of the Mineral Assets Estimates of the Esperanzas Deposit inside the Cerro Prieto Mine, which incorporates the La Esperanza and Nueva Esperanza contiguous zones. The Firm owns 100% of the 6,980 hectares of mining concessions and has been in manufacturing since 2013. Roughly 136,000 ounces of gold have been produced over 11 years as much as Sept 30, 2025. Annual manufacturing over the previous two years from Sept 30th, 2025, by way of open pit mining with crushing capability of two,400 tpd at Cerro Prieto Mine was 8,174 ounces of gold.
The Firm lately put in a second crushing circuit which has doubled crushing capability to over 4,200 tonnes per day which is able to assist to facilitate our goal of considerably growing gold manufacturing.
The Report highlights the potential of the Esperanzas Deposit space and different close by targets. Goldgroup has commenced exploration of those areas and has, as effectively, begun preparations for tailings reprocessing, an essential optimization initiative to additional improve gold manufacturing on the mine.
The next desk presents the useful resource NI 43-101 evaluation of Measured and Indicated assets on the Esperanzas Deposit at a cut-off grade of 0.20 g/t gold. The Inferred useful resource estimate on the Esperanzas Deposit is beneath.
Please assessment the Report in its entirety for assumptions and detailed info pertaining to the mineral useful resource estimates and different essential info.
About Goldgroup
Goldgroup is a Canadian-based mining Firm with two high-growth gold belongings in Mexico. The Firm has a 100% curiosity within the producing Cerro Prieto heap-leach gold mine positioned within the State of Sonora. An optimization and exploration program is underway at Cerro Prieto to considerably improve present manufacturing and assets.
Goldgroup is led by a crew of extremely profitable and seasoned people with in depth experience in mine growth, company finance, and exploration in Mexico.
For additional info, please contact Sophia Shane at sshane@goldgroupmining.com or +1 604 306 6867 or go to the Firm’s web site at www.goldgroupmining.com
On behalf of the Board of Administrators
Ralph Shearing , CEO
Buyers Relations
Sophia Shane
(604) 306-6867
Neither the TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts accountability for the adequacy or accuracy of this press launch.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
Sure info contained on this information launch, together with any info regarding future monetary or working efficiency, could also be thought of “forward-looking info” (inside the which means of relevant Canadian securities legislation) and “forward-looking statements” (inside the which means of the USA Personal Securities Litigation Reform Act of 1995). These statements relate to analyses and different info which can be based mostly on forecasts of future outcomes, estimates of quantities not but determinable and assumptions of administration. Precise outcomes may differ materially from the conclusions, forecasts and projections contained in such forward-looking info.
These forward-looking statements replicate Goldgroup’s present inside projections, expectations or beliefs and are based mostly on info at present accessible to Goldgroup. In some circumstances forward-looking info might be recognized by terminology similar to “might”, “will”, “ought to”, “anticipate”, “intend”, “plan”, “anticipate”, “imagine”, “estimate”, “tasks”, “potential”, “scheduled”, “forecast”, “finances” or the destructive of these phrases or different comparable terminology. Such forward-looking statements contain identified and unknown dangers, uncertainties and different elements which can trigger precise outcomes, efficiency or achievements to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by the forward-looking statements.
Ahead-looking info is topic to a wide range of identified and unknown dangers, uncertainties and different elements that might trigger precise occasions or outcomes to materially differ from these mirrored within the forward-looking info, and are developed based mostly on assumptions about such dangers, uncertainties and different elements together with, with out limitation: profitable implementation of the Firm’s plans on the Cerro Prieto undertaking; uncertainties associated to precise capital prices working prices and expenditures; manufacturing schedules and financial returns from Goldgroup’s tasks; uncertainties related to growth actions; uncertainties inherent within the estimation of mineral assets and valuable steel recoveries; uncertainties associated to present international financial circumstances; fluctuations in valuable and base steel costs; uncertainties associated to the supply of future financing; potential difficulties with three way partnership companions; dangers that Goldgroup’s title to its property may very well be challenged; political and nation danger; dangers related to Goldgroup being topic to authorities regulation; dangers related to floor rights; environmental dangers; Goldgroup’s want to draw and retain certified personnel; dangers related to potential conflicts of curiosity; Goldgroup’s lack of expertise in overseeing the development of a mining undertaking; dangers associated to the mixing of companies and belongings acquired by Goldgroup; uncertainties associated to the competitiveness of the mining business; danger related to theft; danger of water shortages and dangers related to competitors for water; uninsured dangers and insufficient insurance coverage protection; dangers related to potential authorized proceedings; dangers related to group relations; outdoors contractor dangers; dangers associated to archaeological websites; overseas foreign money dangers; dangers related to safety and human rights; and dangers associated to the necessity for reclamation actions on Goldgroup’s properties, in addition to the danger elements disclosed in Goldgroup’s MD&A. Any and the entire forward-looking info contained on this information launch is certified by these cautionary statements.
Though Goldgroup believes that the forward-looking info contained on this information launch is predicated on affordable assumptions, readers can’t be assured that precise outcomes will likely be in step with such statements. Accordingly, readers are cautioned towards inserting undue reliance on forward-looking info. Goldgroup expressly disclaims any intention or obligation to replace or revise any forward-looking info, whether or not on account of new info, occasions or in any other case, besides as could also be required by, and in accordance with, relevant securities legal guidelines.
Certified Individuals
Preparation of the technical knowledge on this doc was supervised and authorised by Rodrigo R Carneiro MSc, QP, SME Registered Member, an unbiased certified particular person below NI 43-101.
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