Welcome to our dedicated page for Goldgroup Mining news (Ticker: GGAZF), a resource for investors and traders seeking the latest updates and insights on Goldgroup Mining stock.
Goldgroup Mining Inc. (GGAZF) is a Canadian-based gold producer focused on efficient resource extraction through its Cerro Prieto heap-leach mine in Sonora, Mexico. This dedicated news hub provides investors and industry observers with timely updates on operational developments, financial performance, and strategic initiatives within the competitive precious metals sector.
Access consolidated coverage of Goldgroup's corporate announcements, including earnings reports, production milestones, and management insights. Our curated news feed serves as an essential resource for tracking the company's progress in gold recovery optimization and navigating complex mining regulations.
Key updates include quarterly financial results, mine safety protocols, resource expansion projects, and market analysis relevant to gold commodity trends. The collection spans operational achievements, leadership announcements, and environmental stewardship efforts at the Cerro Prieto facility.
Bookmark this page for streamlined access to verified information directly impacting Goldgroup's market position and operational efficiency. Regular updates ensure stakeholders maintain current awareness of developments affecting this dynamic precious metals producer.
Goldgroup Mining (OTCQX:GGAZF) has announced the retention of Venture Liquidity Providers Inc. (VLP) to provide market-making services for the company's common shares. The services will be executed through W.D. Latimer Co. Ltd., a registered broker, in compliance with TSX Venture Exchange policies.
The agreement includes a monthly fee of $5,000 for an initial term of 3 months, with automatic renewal for successive 1-month terms thereafter. The agreement can be terminated by either party at any time. VLP, a Toronto-based consulting firm specializing in TSX-V-listed issuers, has no current interest in Goldgroup or its securities.
Goldgroup Mining (TSXV:GGA, OTCQX:GGAZF) has begun trading on the OTCQX® Best Market under the symbol "GGAZF" while maintaining its primary listing on the TSX Venture Exchange. The company is working to double gold production at its Cerro Prieto Gold Mine and advancing studies on the newly acquired, fully permitted Pinos gold development project.
CEO Ralph Shearing highlighted that trading on OTCQX will enhance the company's visibility to U.S. investors and support their expansion strategy through targeted mining sector acquisitions. The OTCQX Market provides cost-effective access to U.S. capital markets for companies meeting high financial standards and corporate governance requirements.
Goldgroup Mining (OTCID:GGAZF) has completed the acquisition of the Pinos gold/silver project in Mexico's Zacatecas mining belt. The fully permitted project spans 3,816 hectares across 30 contiguous mining concessions and features high-grade vein systems with historical production grades up to 80 g/t gold.
The project, located in Mexico's second-largest mining state, benefits from excellent infrastructure including paved roads, power, water, and proximity to skilled labor. Historical production records from 1900 to 1942 demonstrate the project's high-grade potential. The company plans to update the 2018 Preliminary Economic Assessment to evaluate current economics and advance towards a production decision.
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