Goldgroup Announces NI 43-101 Technical Report for the San José de Gracia Project, Northeast Sinaloa, Mexico

Goldgroup Mining Inc.(TSX:GGA) announced filing the NI 43-101 report for the San José de Gracia Project on SEDAR on January 3rd, 2012.

As quoted in the press release:

This Technical Report significantly increased the Company’s mineral resource estimate at San José de Gracia, establishing indicated resources at the Tres Amigos vein of 147,000 ounces of gold, and growing inferred resources at all four veins from 618,000 to 963,000 ounces of gold, representing an increase of 56%. The prior NI 43-101 Technical Report dated February 28, 2011, estimated solely inferred mineral resources.

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