Welcome to our dedicated page for Goldgroup Mining news (Ticker: GORO), a resource for investors and traders seeking the latest updates and insights on Goldgroup Mining stock.
Gold Resource Corporation reports developments tied to its gold and silver mining business, with operations centered on the Don David Gold Mine in Oaxaca, Mexico and project development at the Back Forty Project in Michigan. Company updates cover production and financial results, metal sales, mine operating conditions, contractor or site-access disruptions, and technical work such as feasibility-study activity for Back Forty.
Recurring corporate news also includes material agreements, shareholder voting matters, capital-structure disclosures, governance items, and operating updates that frame the company's producer, developer, and explorer profile.
Goldgroup Mining (GORO) outlined the current status and growth potential of its Don David Gold Mine complex in Oaxaca, which includes the producing Arista and Alta Gracia underground mines and the El Aguila processing facility.
The site has established infrastructure with a nominal 1,800-tonne-per-day flotation plant and a 300-tonne-per-day agitated-leach circuit, plus dry-stack tailings and grid power. The regional land package covers 55,119 hectares over roughly 55 kilometres of the San Jose structural corridor, with a 34,250‑meter 2026 drilling program underway. Alta Gracia mining restarted on February 20, 2026. Processing upgrades in 2026 include four refurbished Knelson gravity concentrators, a third ball mill adding 200 tonnes per day of nominal capacity, and a third tailings filter press projected for commissioning in early Q4 2026. The company also disclosed a change of auditor to BDO USA and a US$100,000 investor relations agreement with VRIC Media.
Goldgroup Mining (GORO) reported first assay results from its 26,000 metre core drilling program at the formerly producing San Francisco Gold Project in Sonora, Mexico.
The first six holes, all within the existing pit, returned both higher-grade intervals and broader mineralized zones, including 23.4 metres grading 1.71 g/t gold in hole GGD-174 and 16.8 metres grading 4.36 g/t gold plus 10.0 metres grading 2.00 g/t gold in GGD-178. Hole GGD-179 intersected 51.0 metres grading 0.58 g/t gold, including 3.9 metres grading 2.53 g/t gold. These data are being incorporated into updated geological, resource and geotechnical models.
The drilling forms part of a broader technical study evaluating a potential restart and optimization of the operation, supported by an approximately US$8.5 million budget. Completion of the study is expected in Q4 2026, with a possible restart in Q1 2027 subject to study results and a development decision.
Goldgroup Mining (GORO) outlined the exploration potential of its Don David Gold Mexico (DDGM) district in Oaxaca, which includes the producing Arista and Alta Gracia mines and a regional land package extending about 55 km along the San José structural corridor.
The district hosts multiple gold-silver and polymetallic epithermal vein systems, with Arista characterized by three principal polymetallic systems and Alta Gracia by predominantly silver-rich, low-sulfidation veins. Advanced regional targets include Margaritas and El Rey, where historical work has intersected locally high-grade precious metals. Goldgroup also entered a one-week, arm's-length marketing services agreement with Lakefront Media for a US$150,000 fee, effective September 1, 2026, subject to TSX Venture Exchange acceptance.
Goldgroup (TSXV/NYSE American: GORO) filed its Q2 2026 results for the period ended June 30, 2026, covering only legacy Goldgroup operations prior to its July 17, 2026 combination with Gold Resource. Q2 gold production rose to 3,843 oz (vs. 1,446 oz in Q2 2025), with gold sales of 4,748 oz and revenue of US$21.1 million (vs. US$5.4 million). The company reported a Q2 net loss of US$6.1 million and basic and diluted loss per share of US$0.02, compared with a US$35.1 million loss a year earlier. For the first half of 2026, Goldgroup generated revenue of US$42.3 million and net income of US$0.3 million. On a pro forma June 30, 2026 basis, the combined company had US$59 million cash and no material debt and sold 27,425 gold-equivalent oz from Don David and Cerro Prieto. The board appointed Javier Reyes as permanent CEO, and the company outlined growth plans across Don David, San Francisco, Cerro Prieto and Back Forty.
Goldgroup Mining (TSXV/NYSE American: GORO) reported selected drill results from its Don David Gold Mine complex in Oaxaca, Mexico for the seven months ended July 31, 2026. The company completed 25,726 meters of diamond drilling in 123 holes, focused mainly on infill and expansion at the underground Arista and Alta Gracia mines.
Key intercepts include Sadie 1 (Hole 525086) with 1.92 meters ETW grading 13.49 g/t Au, 931 g/t Ag and 26.78 g/t AuEq, Viridiana (Hole 526010) with 5.59 meters ETW grading 0.49 g/t Au, 442 g/t Ag and 6.80 g/t AuEq, and Independencia W1 (Hole 426014) with 2.55 meters ETW grading 1.66 g/t Au, 1,695 g/t Ag and 25.85 g/t AuEq. Mining at Alta Gracia restarted on February 20, 2026. According to Goldgroup, the results support near-term mine planning, production replacement and potential future resource additions. All reported composites rely on assays from independent lab ALS Global under a documented QA/QC program.
Goldgroup Mining (TSXV/NYSE American: GORO) reported progress at its 100%-owned San Francisco Gold Project in Sonora, Mexico, a formerly producing open-pit mine with existing infrastructure and permits. The project hosts Measured and Indicated Mineral Resources totaling approximately 1.23 million ounces of gold, plus Inferred resources of about 178,000 ounces (effective April 30, 2026).
The company has started a 26,053‑metre diamond drill program, aimed at upgrading and confirming resources, improving the geological model, testing extensions around existing pits and supporting metallurgical work and mine-plan optimization, with completion expected in Q4 2026. In parallel, Goldgroup is advancing a technical study to evaluate potential restart scenarios using existing infrastructure.
Exploration upside includes the El Llano target, where the current technical report outlines a conceptual exploration target of 40–78 million tonnes grading 0.38–0.61 g/t Au, which is not yet a Mineral Resource. Goldgroup also entered short‑term investor marketing agreements: a 30‑day deal with Milestone Capital for EUR 250,000, and a three‑month digital marketing contract with Sideways Frequency for USD 800,000, both subject to TSX Venture Exchange acceptance.
Goldgroup Mining (TSXV: GORO, NYSE American: GORO) announced a leadership transition as it integrates a recent merger and advances its growth strategy. Effective immediately, Board Chair Javier Reyes has been appointed Interim CEO, while the Board conducts a comprehensive search for a permanent chief executive.
Former President and CEO Allen Palmiere will step down from his role and is expected to remain in an advisory capacity to support an orderly transition. According to Goldgroup, the company’s strategic direction remains unchanged as it focuses on optimizing the Don David Mine, advancing the San Francisco restart strategy, pursuing growth at Cerro Prieto, and progressing the Back Forty Project across its diversified portfolio of producing and development-stage precious metals assets.
Goldgroup (TSXV/NYSE American: GORO) provides a corporate update following its merger with Gold Resource, outlining an accelerated growth and exploration strategy across multiple assets. The company has launched a new website showcasing its enlarged portfolio of producing mines, development projects and exploration properties.
At the 100% owned Don David Mine in Oaxaca, Goldgroup has completed over 23,000 metres of drilling year-to-date, using six underground and one surface rig, focused on resource upgrades and expansion. Drilling is expected to start this quarter at the Margaritas target, where historic work identified high-grade silver epithermal veins.
Three rigs are executing a 24,000-metre diamond drill program at the fully permitted San Francisco project in Sonora as the company evaluates a potential production restart at year-end. At Cerro Prieto, three rigs are advancing resource expansion and confirmatory drilling, while a feasibility study for the Back Forty project in Michigan began in May under SLR Engineering. According to Goldgroup, Don David operations are performing in line with expectations, and recent share trading has been influenced by index rebalancing activity.
Goldgroup Mining (NYSE American: GORO, TSXV: GGA) filed an updated NI 43-101 technical report for its San Francisco Project in Sonora, Mexico, effective April 30, 2026 and dated July 16, 2026. The report, available on SEDAR+, adds author Mohsin Hashmi, includes more pre-2022 drilling information, and makes form updates, with no changes to the previously disclosed mineral resource estimate.
Goldgroup Mining (TSX-V: GGA; OTC: GGAZD) and Gold Resource Corporation (NYSE American: GORO) closed their previously announced merger under an Arrangement Agreement and Plan of Merger dated January 25, 2026, as amended May 15, 2026. GRC merged with Goldgroup Merger Sub, with GRC surviving as a wholly owned subsidiary of Goldgroup. GRC shareholders are entitled to receive 0.3619 Goldgroup common shares for each GRC share.
The merger received shareholder approvals on July 2, 2026, Mexican NAC approval on April 23, 2026, final court approval on July 6, 2026, and TSX Venture Exchange approval. GRC will be delisted from the NYSE American around July 20, 2026, after which Goldgroup expects to trade on NYSE American under “GORO” and change its TSX-V symbol from “GGA” to “GORO” around July 22, 2026. Goldgroup’s board and management have been reconstituted, including the appointment of Allen Palmiere as President and CEO.