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Goldgroup advances San Francisco Gold Project with drilling and study for potential production restart

Market News
14 Aug 2026
Newsfile Corp
View Source
Bullish
Goldgroup advances San Francisco Gold Project with drilling and study for potential production restart

Goldgroup Mining is progressing its San Francisco Gold Project in Sonora, Mexico, a large-scale former open-pit gold mine with over 1.23 million ounces of measured and indicated gold resources. The company has started a 26,000-metre drilling program to upgrade resources and explore extensions, alongside a technical study to evaluate restarting mining operations using existing infrastructure. This project offers multiple growth opportunities through resource expansion and exploration targets, aiming to become a key asset for Goldgroup's future production and growth. The drilling and study are expected to complete by late 2026, setting the stage for a potential production restart.

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