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An announcement from Goldgroup Mining ( (TSE:GGA) ) is now available.
Goldgroup Mining Inc. has successfully installed a second crushing circuit at its Cerro Prieto gold mine in Sonora, Mexico, doubling its crushing capacity to over 4,500 tonnes per day. This expansion is part of a broader optimization plan that includes re-leaching existing heap leach pads and ongoing exploration to extend mine life and increase gold production. The company aims to enhance productivity and profitability, targeting over 24,000 ounces of gold annually, with additional production from re-leaching expected in early 2026. The company has also entered a media services agreement with Market One Media Group to enhance its market presence.
More about Goldgroup Mining
Goldgroup is a Canadian-based mining company with two high-growth gold assets in Mexico. The company has a 100% interest in the Cerro Prieto heap-leach gold mine in Sonora, where an optimization and exploration program is underway to significantly increase production and resources.
Average Trading Volume: 183,491
Technical Sentiment Signal: Buy
Current Market Cap: C$274.1M
For detailed information about GGA stock, go to TipRanks’ Stock Analysis page.