Goldgroup Defers the Environmental Impact Assessment Evaluation for Caballo Blanco

Goldgroup Mining Inc. (TSX:GGA) has deferred the evaluation of the Environmental Impact Assessment (MIA) for its Caballo Blanco mining project in the State of Veracruz by the Mexican Ministry of Environment (SEMARNAT) due to the transition in Mexico’s Federal Government.

As quoted in the press release:

Mexico is going through a change in Federal Government and Goldgroup recognizes the importance of working with the transitioning team and the new authorities to integrate their requirements for the development of the Caballo Blanco project.

… Deferring the evaluation and approval process of the MIA complies with Goldgroup’s objective of working further with the relevant authorities to ensure that the project is able to realize its social, community, environmental and business objectives.

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