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Goldgroup Mining ( (TSE:GGA) ) has provided an update.
Goldgroup Mining Inc. has completed the acquisition of the Pinos gold/silver project in the Zacatecas mining belt, Mexico, known for its high-grade ore and significant infrastructure. The company plans to update the 2018 Preliminary Economic Assessment to evaluate the project’s potential in the current market and advance it towards production, highlighting the project’s exploration upside and resource expansion potential.
More about Goldgroup Mining
Goldgroup Mining Inc. is a Canadian-based mining company operating the Cerro Prieto heap-leach gold mine in Sonora, Mexico. The company has acquired a 100% interest in the Pinos Project, a fully permitted, high-grade gold deposit. It is led by a team of seasoned professionals with expertise in mine development, corporate finance, and exploration in Mexico.
Average Trading Volume: 312,308
Technical Sentiment Signal: Buy
Current Market Cap: C$210.8M
For an in-depth examination of GGA stock, go to TipRanks’ Overview page.