Mexican-focused gold & silver producer
Built to Produce.Positioned to Grow.
Goldgroup Mining is a gold and silver producer with four 100%-owned assets across Mexico and the United States, fast-tracking toward intermediate-producer scale.
A Mexican-focused gold & silver producer.
Goldgroup Mining operates a portfolio of four 100%-owned precious-metals assets across Mexico and the United States: two producing mines, a restart-ready mine, and an advanced development project, all advancing toward intermediate-producer scale. Our vision is to build a mining company producing over 250,000 oz AuEq.
Cash position as of June 2026.
The Don David gold-silver mine in Oaxaca and the Cerro Prieto heap-leach gold mine in Sonora, cash-flowing production today.
The restart-ready San Francisco mine (Sonora) and the advanced Back Forty VMS project (Michigan), and future potential M&A.
A portfolio of producing & development assets.
Four 100%-owned precious-metals assets across Mexico and the United States: two producing mines, a restart-ready mine, and an advanced development project.
ProducingDon David
Oaxaca, Mexico
Producing underground gold-silver mine (the Arista complex) with significant silver and base-metal by-products and a deep exploration pipeline.
Underground gold + silver · 100% owned
ProducingCerro Prieto
Sonora, Mexico
Open-pit heap-leach gold · 100% owned
Restart-readySan Francisco
Sonora, Mexico
Acquired 100% in June 2026, the San Francisco Project is a large-scale, formerly producing open-pit gold mine located in Sonora, Mexico. Drilling is underway to confirm resources and optimize the mine plan with a view to making a production re-start decision by year end.
Open-pit gold · 100% owned
DevelopmentBack Forty
Michigan, USA
Open-pit + underground · permitting required
Built for a re-rating.
A cash-flowing gold & silver producer with two operating mines, a vision to reach intermediate-producer scale, and a strong balance sheet.
Investor presentationInvestment highlights
- A producing precious-metals miner with established operations and great leverage to gold and silver
- Solid multi-million-ounce gold resource base with significant growth potential
- Exceptional board, well known for their proven execution and successful turnaround initiatives
- Strong cash position of US$46 million (US$72 million post warrant exercise)
- Zero debt
- Projected low capex, particularly at San Francisco
- Multiple near-term value catalysts
A staged path from two producing mines toward an intermediate-scale precious-metals producer.
Our Path Forward
Optimize the producing mines
Grade control, infill drilling and re-leaching lift Don David and Cerro Prieto.
Restart San Francisco
Bring the past-producing Sonora mine back online in 2027 using in-place infrastructure.
Advance Back Forty
Complete the feasibility study and permitting on the large-scale Michigan VMS project toward a development decision.
Grow through exploration & M&A
Extend mine lives across our land packages and pursue disciplined, value-accretive acquisitions toward our vision of 250,000 oz AuEq.
A team that builds mines.
Decades of mine development, operations, and corporate finance experience across Mexico and the Americas.
Javier Reyes de la Campa
Chairman of the Board
A co-founder of Goldgroup and a seasoned Mexican mining entrepreneur with an MBA from Harvard Business School, bringing deep in-country relationships and transaction experience.
Allen Palmiere
President & CEO
A former CPA with 40+ years in mining (former CEO & Chairman of HudBay Minerals and President & CEO of Breakwater Resources), driving the company's growth and market re-rating.
Armando Alexandri
Chief Operating Officer
A mining engineer with over 40 years of operating experience across Mexico and Latin America, including COO roles at Luca Mining and Candelaria Mining, overseeing the company's producing operations.
Chet Holyoak
Chief Financial Officer
A CPA with deep mining-finance experience, including senior accounting roles at Barrick Gold, leading the company's financial strategy and capital-markets activity.
Institutional and strategic investors hold a meaningful position on the share register.
Named to the TSX Venture Exchange's list of top-performing companies.
Recent news & milestones.
Responsible production across the Americas.
We operate where we know best, building strong community relationships, improving local infrastructure, and committing to social and environmental sustainability for future generations across Sonora, Oaxaca and Michigan.