Goldgroup Mining Receives Explosives Permit

Goldgroup Mining Inc. (TSX:GGA,OTCMKTS:GGAZF) announced that Granmin SA de CV, its subsidiary, has received an explosives permit from the Mexican military. The permit is the last one required for full-scale operations at the company’s Cerro Prieto open-pit, heap-leach gold mine.

As quoted in the press release:

The explosives permit allows Goldgroup to order and use explosives for mining purposes under the supervision of the military. The Environmental Impact Statement (Manifestacion de Impacto Ambiental) and the Authorization of Change of Land Use (Estudio Tecnico Justificativo para Cambio de Uso de Suelo) for the Cerro Prieto project have previously been granted.

Keith Piggott, Goldgroup’s chairman and CEO, commented:

In commencing trial mining over the last three months we were restricted to bulldozer ripping. With the granting of the explosives permit, Goldgroup can now ramp up to full-scale mining at our Cerro Prieto heap leach mine. Additionally, the tertiary crusher has been commissioned which, because of a finer crush size, is expected to reduce the leach time for precious metals. We would like to thank our team and the officials in Sonora for their hard work in assisting us achieve these milestones. We now expect gold production to increase to a steady state as the heap leach pad builds.

Click here to read the full Goldgroup Mining Inc. (TSX:GGA,OTCMKTS:GGAZF) press release.