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Goldgroup Mining announced it raised $2.16 Million in an initial filing from an offering of $2.16 Million

Goldgroup Mining announced it raised $2.16 Million in an initial filing from an offering of $2.16 Million

08/10/23, 2:28 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CA.svgvancouver
Money raised
$2.16 million
Industry
mining
Round Type
seed

Company Info

Company
Goldgroup Mining
Location
1166 alberni street, suite 1201
vancouver, british columbia, canada
Additional Info
Goldgroup Mining Inc. ("Goldgroup"​) is a Canadian-based gold production, development and exploration company with a significant upside in a portfolio of projects in Mexico, one of the world's best mining jurisdictions. Goldgroup's goal is to explore, develop and grow production from its two main assets: Cerro Prieto mine located in Sonora and San Jose de Gracia in Sinaloa. Goldgroup's 100% ownership of the Cerro Prieto gold mine, as well as its 50% interest in DynaResource de Mexico S.A. de C.V. which owns 100% of the San José de Gracia project, represents an estimated mineral resource (NI 43-101 compliant -- see "Overview"​ for information on the Qualified Persons) totaling approximately 59,000 oz Au of Measured resources, 236,500 oz Au of Indicated Resources (1.18Mt @ 1.56g/t Au, 5.8Mt @ 1.65g/t Au) and 602,500 oz Au of Inferred Resources (10.8Mt @ 3.12g/t Au), plus the potential to considerably increase these estimated resources through continued drilling and exploration.

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