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Goldgroup Mining ( (TSE:GGA) ) has provided an announcement.
Goldgroup Mining Inc. has filed an updated NI 43-101 technical report for its Cerro Prieto gold project in Sonora, Mexico, highlighting the potential of the Esperanzas Deposit and nearby targets. The report indicates a significant increase in production capacity due to a newly installed crushing circuit, which aims to double the daily processing capacity and enhance gold output. The company is also exploring additional areas and preparing for tailings reprocessing to further optimize production, which could bolster its position in the gold mining industry.
More about Goldgroup Mining
Goldgroup is a Canadian-based mining company with two high-growth gold assets in Mexico. The company owns a 100% interest in the Cerro Prieto heap-leach gold mine located in Sonora, Mexico, where an optimization and exploration program is underway to significantly increase production and resources. Goldgroup is led by a team with extensive expertise in mine development, corporate finance, and exploration.
Average Trading Volume: 228,488
Technical Sentiment Signal: Buy
Current Market Cap: C$376.2M
For an in-depth examination of GGA stock, go to TipRanks’ Overview page.