Goldgroup Mining Inc. (GGA.TO) this week released its updated National Instrument 43-101 compliant mineral resource estimate for its flagship Caballo Blanco gold project in Veracruz, Mexico.
Goldgroup’s total indicated mineral resources for its two main exploration and development projects, Caballo Blanco and San Jose de Gracia, have grown from 212,500 to 648,500 ounces of gold, representing an increase of 205%. The Company’s total inferred mineral resources for its two main projects total 900,500 ounces of gold, the company said in a statement.
More than 3.7 million shares have changed hands.
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