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Goldgroup Announces Increased Gold Production in 2016 With Continued Expansion in 2017

Goldgroup Announces Increased Gold Production in 2016 With Continued Expansion in 2017 ...

articleGoldgroup Mining Inc.March 2, 20175/company/goldgroup-mining-inc-1/news/goldgroup-announces-increased-gold-production-in-2016-with-continued-expansion-in-2017
Goldgroup Announces Increased Gold Production in 2016 With Continued Expansion in 2017

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[{"type":"text","content":"\n\n\n\nGoldgroup Announces Increased Gold Production in 2016 With Continued Expansion in 2017\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-BOTTOM:#000000 1pt solid; TEXT-ALIGN: CENTER; BORDER-LEFT:#000000 1pt solid; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; BORDER-TOP:#000000 1pt solid; BORDER-RIGHT:#000000 1pt solid\n}\n.prngen5{\nBORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prngen4{\nBORDER-BOTTOM:#000000 1pt solid; TEXT-ALIGN: RIGHT; BORDER-LEFT:#000000 1pt solid; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; BORDER-TOP:#000000 1pt solid; BORDER-RIGHT:#000000 1pt solid\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prntbls{\nBORDER-BOTTOM: black 1px solid; BORDER-LEFT: black 1px solid; BORDER-COLLAPSE: collapse; BORDER-TOP: black 1px solid; BORDER-RIGHT: black 1px solid\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, March 2, 2017\n\n\n\nVANCOUVER, March 2, 2017 /CNW/ - Goldgroup Mining Inc. (\"Goldgroup\" or the \"Company\") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces increased gold production in 2016 with plans for continued expansion in 2017 for Cerro Prieto.  \n\nOn April 1, 2016, the Cerro Prieto mine achieved its main commercial production criteria of over 1,200 oz gold production per month consistently over a two-month period. This was achieved by better utilization of crushing and pad capacity by management.  During the year ended December 31, 2016, Cerro Prieto produced approximately 15,608 ounces of gold.\n\n\n\n\nGOLD OZ  \n\n2016\n\n\nQ1\n\n\nQ2\n\n\nQ3\n\n\nQ4\n\n\nTotal\n\n\n\nPRODUCED\n\n\n3,379\n\n\n4,494\n\n\n3,811\n\n\n3,924\n\n\n15,608\n\n\n\nSOLD\n\n\n3,339\n\n\n4,499\n\n\n3,884\n\n\n4,021\n\n\n15,743\n\n \n\nDuring the period ended December 31, 2016, the Company:\n\n\nCompleted electrical installation to the National Grid, which is expected to re...

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