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Goldgroup Mining Inc.

TSXV:GOROLive AI agent

Goldgroup Mining Inc.

Investor website: https://goldgroupmining.com/

About

Goldgroup Mining Inc. is a gold and silver producer with four 100%-owned assets across Mexico and the United States, fast-tracking toward intermediate-producer scale. The company operates two producing mines, a restart-ready mine, and an advanced development project, with a vision to produce over 250,000 oz AuEq.

Verified company data

Cash position
$217
Shares outstanding
134,893,207
Fully diluted shares
151,419,629
Mineral resource
Measured & Indicated mineral resources of 1.49 million tonnes grading 3.88 g/t gold-equivalent, with meaningful silver and base-metal credits. Gold: 56.3 Koz, 1.2 g/t; Silver: 7.8 Moz, 167 g/t; Zinc: 65.9 Mlbs, 2.0%; Copper: 6.2 Mlbs, 0.2%; Lead: 21.5 Mlbs, 0.7%. Global M&I 1,490 Kt. Contained-metal figures shown on a Measured & Indicated basis. Mineral resource estimates prepared under S-K 1300 (effective December 31, 2024); mineral resources are not mineral reserves and do not have demonstrated economic viability.
Projects
["Don David Gold Mine: A 100%-owned, producing underground gold-silver mine, the Arista complex, in the mining-friendly state of Oaxaca, Mexico, with material silver and base-metal by-products. Producing. Overview: Precious & base metals from Oaxaca. Don David is a 100%-owned, producing underground mine on a 55,000-hectare land package in Oaxaca. The Arista complex hosts a structurally-controlled, intermediate-sulfidation epithermal vein system that yields gold, silver, copper, lead and zinc, mined by a combination of cut-and-fill and long-hole methods and trucked roughly two kilometres to the Aguila mill. An estimated 37,000–52,000 ounces of gold-equivalent are expected in 2026, supported by a deep regional exploration pipeline. Arista District · Oaxaca, Mexico. 100% Ownership. 55,000 ha Property. Underground Mine type. 1,800 tpd Processing. 37–52k 2026 output. 5+ yrs Mine life. 3% Royalty. Au·Ag·Zn·Cu·Pb Metals. Resource.","San Francisco Project: A large-scale, past-producing open-pit gold mine in Sonora, Mexico, 100%-owned and restart-ready, with 1.23 million ounces of Measured & Indicated gold. Restart-ready · targeting 2027. Overview: A restart-ready Sonoran gold mine. Acquired 100% in June 2026 through the purchase of Molimentales del Noroeste, the San Francisco Project is a large-scale, formerly-producing open-pit gold mine located approximately 150 kilometres north of Hermosillo, Sonora. The property comprises 13 concessions totalling 33,667 hectares, plus 13,284 hectares of regional concessions, and hosts a mesothermal gold deposit across two former pits, San Francisco and La Chicharra, with further upside in the North Pit and Llano extensions. Installed infrastructure includes 16,875 tpd of crushing capacity, twin ADR plants, grid power and haul roads contiguous with the highway, pointing to a low-capital restart producing gold doré with potential output of 50,000–60,000 ounces of gold-equivalent per year. Sonora, Mexico · ~150 km north of Hermosillo. 100% Ownership. 33,667 ha Concessions. 1.23 Moz M&I gold. 50–60k oz/yr Potential output. 16,875 tpd Processing. Open pit Mine type. 7 yrs Possible LOM. 2027 Targeted restart. Resource.","Cerro Prieto Gold Mine: A 100%-owned, producing heap-leach gold mine in the Cucurpe District of Sonora, Mexico, in operation since 2013. Producing since 2013. Overview: Producing gold in the Cucurpe District. The Cerro Prieto Project is a 100%-owned, ~4,335-hectare property in the Cucurpe Mining District of Sonora, Mexico, just 52 road kilometres from the regional centre of Magdalena de Kino and 150 kilometres northeast of Hermosillo. It is a shallow open-pit heap-leach operation on a mesothermal vein system, producing gold-silver doré through two crushing circuits and an adsorption-desorption-recovery (ADR) plant. It has been in production since 2013 at roughly 11,500 ounces per year, with an in-house 2026 estimate of 17,000–20,000+ ounces. Cucurpe Mining District · Sonora, Mexico. 100% Ownership. ~4,335 ha Property. Shallow open pit Mine type. 2013 Producing since. 4,200 tpd Processing. ~11,500 oz/yr Current output. 17–20k oz 2026E output. 2% Royalty.","Back Forty Project: A 100%-owned, gold-rich volcanogenic massive sulphide (VMS) project in the Upper Peninsula of Michigan, USA, a combined open-pit and underground operation with a definitive feasibility study underway. Development · DFS underway. Overview: A large-scale North American VMS project. Back Forty is a 100%-owned, gold-rich volcanogenic massive sulphide deposit on a 1,304-hectare land package in the Upper Peninsula of Michigan. The mine plan contemplates two open pits and an underground mine feeding a 2,500-tonne-per-day processing plant. Acquired through the purchase of Aquila Resources in 2021, after more than US$95M of prior exploration, the project has a definitive feasibility study underway and offers North American optionality and diversification. Upper Peninsula of Michigan, USA. 100% Ownership. 1,304 ha Land package. Gold-rich VMS Deposit. Open pit + UG Mining. ~120k oz/yr LOM output. 2,500 tpd Processing. 9+ yrs Mine life. DFS underway Study."]
Leadership
Ralph Shearing (CEO, Experienced exploration and mining executive with a Professional Geologist designation in Alberta. He has held senior executive positions since 1987, including founding Luca Mining Corp. and guiding it through the exploration and initial development phase of the Tahuehueto mine.), Anthony Balic (CFO, not discovered)

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