Goldgroup Announces Commercial Production at Cerro Prieto

VANCOUVER, June 21, 2016 /CNW/ – Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce the declaration of commercial production as of June 1, 2016 at its Cerro Prieto project located in the Cucurpe Mining District, Sonora, Mexico.

Now that the mine is in sustainable operation, additional resources within the same mineralized zone are being investigated to extend mine life beyond the programmed 4 years.  Goldgroup believes that additional resources outside the current mining zone but within the Cerro Prieto concessions also show promise.

Cerro Prieto commenced small-scale trial mining and leaching in December 2013 and Cerro Prieto is expected to produce approximately 15,000 ounces of gold in 2016, with production weighted towards the second half of the year.

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