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. reports developments for a Canadian-based gold mining company with operations and project interests in Mexico. News commonly covers the Cerro Prieto heap-leach gold mine in Sonora, including NI 43-101 technical reports, mineral-resource estimates, production context, crushing-capacity updates, and optimization or exploration programs tied to the mine.
Company updates also include completed portfolio actions such as the sale of subsidiaries that held the Pinos gold/silver project in Zacatecas, as well as material agreements, capital-structure disclosures, governance matters, shareholder voting items, and operating or financial results for the GGAZF security and its Canadian-listed shares.
Goldgroup (OTCQX:GGAZF) amended its Arrangement Agreement for the proposed business combination with Gold Resource Corporation, under which GRC will merge into a Goldgroup subsidiary and become a wholly owned unit. GRC stockholders are expected to own about 40% of the combined company, with Goldgroup shareholders holding about 60%.
The amendment replaces the fixed 4‑for‑1 share consolidation with a ratio to be jointly determined and approved by the TSXV to support a planned NYSE American listing. Goldgroup also announced anticipated nominees for the combined company’s board, featuring executives with extensive mining, finance and governance experience.
Goldgroup (OTCQX:GGAZF) filed an updated NI 43-101 technical report for its 100%-owned San Francisco gold project in Sonora, Mexico.
The new Mineral Resource Estimate outlines 1.226 million oz of Measured & Indicated gold and 178,000 oz Inferred, plus a conceptual El Llano exploration target of 788,000–960,000 oz. The fully permitted open-pit, heap-leach operation, idle since 2023, is targeted for a potential restart in late 2026 or early 2027, supported by 668,051 m of drilling and no identified environmental, legal, or permitting issues affecting the resources.
Goldgroup (OTCQX:GGAZF) has completed the sale of Minera Apolo, owner of 100% of the Pinos gold/silver project, for US$5,000,000 payable in stages: US$2,450,000 on signing, US$550,000 on closing and US$2,000,000 within six months secured by a promissory note.
The Purchaser assumed all project liabilities, including US$400,000 payable under the original purchase agreement and US$1,500,000 owed to previous owners; previous owners released Goldgroup from further recourse. Pinos covers 3,816 hectares across 30 contiguous concessions in Zacatecas. Goldgroup also engaged Investing News Network for a six-month C$30,000 digital investor campaign (Nov 15, 2025–May 15, 2026).
Goldgroup (OTCQX: GGAZF) was named to the 2026 TSX Venture 50, ranking #10 after delivering a 2,711% market cap increase and an 875% share price gain over 2025. Management highlighted ongoing M&A work and plans to complete a merger with Gold Resource Corporation.
This recognition reflects strong 2025 performance on TSXV criteria of share-price appreciation, market-cap growth, and trading value.
Goldgroup Mining (TSX:GORO) disclosed that Eric Sprott, through 2176423 Ontario Ltd., entered a voting and support agreement with Gold Resource Corporation in connection with Goldgroup's proposed acquisition of GRC under an arrangement agreement.
Under the arrangement, GRC shareholders will receive 1.4476 Goldgroup shares per GRC share, adjusted to 0.3619 Goldgroup shares after a planned 4-for-1 share consolidation by Goldgroup prior to closing. Mr. Sprott holds 30,129,500 Goldgroup shares and 15,852,250 warrants, representing ~10.3% of outstanding shares non-diluted and ~14.9% partially diluted.
A copy of the early warning report will appear on SEDAR+ and may be obtained from Mr. Sprott's office.
Gold Resource Corporation (NYSE: GORO) agreed to be acquired by Goldgroup Mining in a definitive arrangement announced January 26, 2026.
GRC stockholders will receive 1.4476 Goldgroup shares per GRC share (adjusted to 0.3619 after Goldgroup’s 4-for-1 consolidation), implying US$2.25 per GRC share and a 39% premium based on Goldgroup’s January 23, 2026 closing price. The transaction values GRC at approximately US$372 million on a fully-diluted in-the-money basis. Closing is expected in Q2 2026, subject to stockholder approvals and Mexican antitrust clearance, and pro forma GRC holders are expected to own ~40% of the combined company.
Goldgroup (OTCQX: GGAZF) agreed to acquire Gold Resource Corporation (NYSE American: GORO) via a merger, creating a Mexico-focused precious metals producer. The Exchange Ratio is 1.4476 Goldgroup shares per GRC share (adjusted to 0.3619 after Goldgroup's 4-for-1 consolidation). Based on Jan 23, 2026 closing prices, the offer values GRC at ~US$372 million and represents a 39% premium to GRC's Jan 23 close. Pro forma ownership is ~60% Goldgroup shareholders and ~40% GRC stockholders. Closing is expected in Q2 2026, subject to shareholder, court, TSXV and Mexican antitrust approvals.
Goldgroup (OTCQX:GGAZF) agreed to sell 100% of Minera Apolo, S.A. de C.V., the owner of the Pinos gold‑silver project in Zacatecas, comprising 30 contiguous concessions (3,816 hectares), to a private arm's‑length BC purchaser for US$5,000,000 in staged payments.
Transaction terms include a US$2,450,000 refundable signing deposit, US$550,000 at closing, and a US$2,000,000 promissory note due within six months; the purchaser assumes liabilities including US$400,000 remaining purchase payables and US$1,500,000 triggered debt. The sale is subject to final TSXV approval.
Goldgroup (OTC:GGAZF) announced it has acquired 100% of Molimentales del Noroeste via a Concurso Mercantil restructuring after the Second District Court for Commercial Bankruptcy Matters approved the Plan of Arrangement effective December 23, 2025.
The transaction secures the San Francisco Mine concessions in Sonora, Mexico, which carry a historic NI 43-101 estimate of 1.4 million oz Au measured & indicated (99.7M tonnes at 0.446 g/t) from an August 8, 2020 report, noting ~119,589 oz were mined since that estimate. Transfer is subject to TSXV final approval and payment of creditors, taxes, concession fees and estimated MX$170M (~US$9.3M) of Concurso-related liabilities.
Goldgroup (OTCQX:GGAZF / TSXV:GGA) filed an updated NI 43-101 technical report for the Cerro Prieto heap leach project in Sonora, Mexico, effective April 4, 2025.
The independent report covers the Esperanzas Deposit (La Esperanza and Nueva Esperanza), lists Measured + Indicated 3,128,843 t @ 0.37 g/t Au = 37,209 oz and Inferred 131,536 t @ 0.36 g/t Au = 1,504 oz at a 0.20 g/t cutoff. Goldgroup owns 100% of 6,980 ha of concessions and has produced ≈136,000 oz since 2013 to Sept 30, 2025. Recent operational upgrades doubled crushing capacity to >4,200 tpd from 2,400 tpd and annual production was 8,174 oz over the past two years to Sept 30, 2025. The company has started exploration of nearby targets and tailings reprocessing preparations.