Northwire Canada EditionFriday, July 10, 2026
Sign inSubscribe
Northwire
⌕
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
M&A / Property Routine +

Goldgroup Advances San Francisco Restart Plan with Engagement of Leading Mining Contractor INPROMINE

By The Northwire Desk — AI Analysis Jun 25, 2026 · 08:01 GGA · 1.63 Goldgroup Mining Inc.
GGA · Price

Goldgroup Mining Inc. (GGA) has engaged Sonora-based mining construction firm INPROMINE for a US $850,000 contract to service, test, and commission all crushing, conveying, and ADR equipment at its fully permitted San Francisco project in Mexico. The company is targeting a gold production restart by late 2026 or early 2027. Concurrently, Goldgroup is executing a 24,000-meter technical drilling program to optimize the mine plan and resource model ahead of the restart.

The San Francisco project is 100% owned and consists of two open pits with heap leach processing facilities. The contract with INPROMINE is expected to take approximately 16 weeks to complete. Ralph Shearing, CEO, stated: "INPROMINE is one of the best Mexican mining construction companies in the business and we are pleased to have them support our production restart program at the San Francisco project. They will review, service, test and commission all crushing and conveying equipment as well as the ADR plants to bring all equipment back to prime operating status. All the key restart preparations are now well underway, including the recently announced 24,000 m technical drilling program designed to optimize the mine plan and resource model. The Company is targeting the end of the year or early 2027 for a restart of gold production."

In addition to operational updates, Goldgroup is advancing a proposed business combination with Gold Resource Corporation. Gold Resource holds the producing Don David mine in Mexico and the Back Forty project in Michigan. Management views this transaction as potentially transformative. The San Francisco project will be added to the Company's existing producing Cerro Prieto heap leach gold mine in Sonora, Mexico, positioning Goldgroup for fast-track growth.

Read the original news release →

More from Goldgroup Mining Inc.

Jul 08, 2026 · 12:36

Goldgroup Announces Effective Date of Share Consolidation

Other Jul 06, 2026 · 16:11

Goldgroup’s $372m merger with Gold Resource creates a multi-mine producer in mexico after court approval.

M&A / Property Jul 03, 2026 · 19:07

Goldgroup’s merger with Gold Resource closes July 17, confirming a 4:1 consolidation and its path to the NYSE American.

M&A / Property Jul 02, 2026 · 17:42

Goldgroup clears its final shareholder hurdle for a transformative $372m merger with Gold Resource Corp, targeting a July 17 closing date.

M&A / Property Jun 18, 2026 · 08:01

Goldgroup advances its San Francisco drill program toward a 2026 or 2027 restart amid a GRC merger and ongoing going-concern risks.

Drill Results Jun 15, 2026 · 08:01

Goldgroup secures the San Francisco asset, though liquidity constraints and care-and-maintenance status temper immediate upside.

M&A / Property