Goldgroup
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Goldgroup Issues Updated Technical Report for Cerro Prieto Project
Goldgroup (GGAZF) released an updated NI 43-101 report for its Cerro Prieto project in Mexico. The report details Measured+Indicated resources of 37,209 oz Au and Inferred resources of 1,504 oz Au (0.20 g/t cutoff). Goldgroup owns 100% of 6,980 ha and has produced ~136,000 oz since 2013. Recent upgrades doubled crushing capacity to >4,200 tpd. The company is also exploring nearby targets and preparing tailings reprocessing aiming for increased gold production. The technical report is available on Sedar+.