Goldgroup is a Canadian-based gold production and exploration company focused exclusively on Mexico, targeting growth in gold production, mineral resources, profitability and cash flow from a portfolio of production, development and exploration stage projects. The Company owns and operates the Cerro Colorado Gold Mine in Sonora, Mexico. All gold production is un-hedged and the Company expects to produce approximately 25,000 to 30,000 ounces of gold in 2010. The Company's portfolio of properties includes the Caballo Blanco project in Veracruz, the San José de Gracia high-grade underground project in Sinaloa and the El Porvenir project in Aguascalientes. See news release dated May 17, 2010 and the joint information circular of the Company and Goldgroup Resources Inc. dated March 25, 2010, available on www.sedar.com, for more detailed information on the Company's mineral resource properties.

Contact Information

Suite 2184, 1055 Dunsmuir St.
PO Box 49275, Bentall Four
Vancouver, BC, V7X 1

tel: 604.682.1943
fax: 604.682.5596


Investor Relations

Corporate Development
David Fry
tel: 778.330.2759
e-mail: info@goldgroupmining.com


Exchange: TSX
Industry: Gold Mining
Market Cap: $60M

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