en.Wedoany.com Reported - Goldgroup Mining Inc. has signed a contract with INPROMINE, a mining construction company based in Sonora, Mexico, to carry out comprehensive maintenance of facilities at its San Francisco gold mine project. The contract investment is approximately $850,000, with an execution period of 16 weeks, marking a critical step toward resuming gold production at the project.

The core objective of the agreement is to complete the overhaul, preparation, testing, startup, and commissioning of the crushing system, conveying system, and the adsorption-desorption-recovery (ADR) plant. The San Francisco project, wholly owned by Goldgroup, already possesses the infrastructure and all regulatory permits required for a rapid restart of operations, encompassing two open pits and a heap leach facility.

Goldgroup CEO Ralph Shearing stated that INPROMINE is one of the most outstanding companies in Mexico's mining construction sector and expressed pleasure in securing its support for the San Francisco restart plan. Shearing noted that the maintenance work is coordinated with the recently announced 24,000-meter technical drilling program, aimed at optimizing the mining plan, with gold production expected to resume by the end of 2026 or early 2027.

The restart of the San Francisco project, combined with the existing operations at the Cerro Prieto gold mine in Sonora, will drive Goldgroup's rapid growth. Additionally, the company is advancing a strategic merger proposal with Gold Resource Corporation, a transaction that would add the Don David gold mine in Oaxaca, Mexico, and the Back Forty gold-silver development project in Michigan, USA, to its asset portfolio, thereby consolidating its high-growth platform in the precious metals sector.

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