Business
Goldgroup Completes Its 50% Earn-In of the San José de Gracia Gold Project
Mar. 16, 2011 (Canada NewsWire Group) -- THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CA...
About this update from Goldgroup Mining Inc.
[{"type":"text","content":"\n\n\n Mar. 16, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTHIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT\n INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR\n DISSEMINATION IN THE UNITED STATES\n\n\nTSX: GGA\n\n\nVANCOUVER, March 16 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the\n "Company") is pleased to announce that Goldgroup has completed its\n US$18.0 million Earn-In with DynaResource de Mexico S.A. de C.V.\n ("DynaMexico") making Goldgroup a 50% owner of the San José de Gracia\n gold project in Sinaloa, Mexico ("San José de Gracia").\n\n\nThe San José de Gracia District is 100%-owned by DynaMexico. Goldgroup\n now owns 50% of DynaMexico. Recent drilling expenditures were incurred\n in connection with Goldgroup's Earn-In. The remaining interest in\n DynaMexico is owned by DynaResource, Inc. ("DynaUSA"-"DYNR-OTCBB"). San\n José de Gracia is a high-grade advanced stage gold exploration project\n hosting a NI 43-101 compliant mineral resource estimate contained in\n four separate veins: Tres Amigos, San Pablo, La Union area and the La\n Purisima trend. Please refer to the NI 43-101 technical report on San\n José de Gracia dated February 28, 2011 available on SEDAR.\n\n\nAbout Goldgroup \n\n\nGoldgroup is a Canadian-based gold production and exploration company\n focused exclusively on Mexico, targeting growth in gold production,\n mineral resou...