Tuesday 27th September 2016

Resource Clips



Goldgroup reports Mexico Results up to 0.89 g/t Gold over 144m

Resource Clips - essential news on junior gold mining and junior silver miningGoldgroup Mining Inc TSX:GGA announced assays from its Caballo Blanco Gold Project in Veracruz, Mexico. Results include

0.89 g/t gold over 144 metres
0.69 g/t over 126.3 metres
1.16 g/t over 57.3 metres
0.47 g/t over 69.5 metres
0.49 g/t over 63.4 metres
1.01 g/t over 17 metres

President/CEO Keith Piggott remarked, “These diamond drill results yielded significant gold intercepts above the cut-off grade and continue to be contained in completely oxidized, vuggy and siliceous rock occurring inside and peripheral to the existing La Paila zone. These results continue to give better definition to the design of the first open pit and its extension in almost all directions. The current drilling program, together with the ongoing column-leach metallurgical testing, environmental and sociological studies, as well as the run-of-mine heap-leach pad design and other engineering, form the basis for targeting Caballo Blanco production in late 2012.”

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Contact:
Keith Piggott
President/CEO
604.682.1943

or David Fry
Corporate Development
877.655.6928

Read more about Goldgroup Mining Inc

by Greg Klein

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