Goldgroup Announces Updated Mineral Resource Estimate on the San José de Gracia Project

- November 23rd, 2011

Goldgroup Mining Inc. announceD that it has received the results of an updated mineral resource estimate on the San José de Gracia project.

As quoted in the press release:

Goldgroup Mining Inc. announced that it has received the results of an updated mineral resource estimate on the San José de Gracia project.

As quoted in the press release:

The estimate includes an indicated resource at Tres Amigos of 913,000 tonnes grading 5.00 grams per tonne gold, or 147,000 ounces of gold, and an aggregate inferred resource at all four veins of 5,813,000 tonnes grading 5.16 grams per tonne gold, or 963,000 ounces gold.

Goldgroup Mining Inc., President & CEO, Keith Piggott, said:

“We are very pleased with the results of the completed 21,000 metre drilling program, which substantially increases the gold resources at San José de Gracia.”

Click here to read the Goldgroup Mining Inc. (TSX:GGA) press release
Click here to see the Goldgroup Mining Inc. (TSX:GGA) profile.

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