2013 News Releases

February 27, 2013

Goldgroup Participating in PDAC in Toronto March 3-6 at Booth #3148

Vancouver, Canada (February 27, 2013) -- Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV:GGAN.MX) is pleased to announce that it will be attending the Prospectors and Developers Association of Canada International Convention in Toronto, Canada Sunday, March 3, 2013 to Wednesday, March 6, 2013. We would like to personally invite you to join us at Booth #3148 to discuss our recent and upcoming corporate developments.

The conference is free admission and will be hosted at the following address:

Metro Toronto Convention Centre -- South Building
255 Front Street West
Toronto, ON
M5V 2W6

For further information, please visit the link HERE.

About Goldgroup

Goldgroup is a well-funded Canadian-based gold production, development, and exploration Company with significant upside in a portfolio of projects in Mexico, including its flagship 100%-owned advanced stage gold development project, Caballo Blanco, in the state of Veracruz, and a 50% interest in DynaResource de Mexico, S.A. de C.V., which owns 100% of the high-grade gold exploration project, San José de Gracia located in the state of Sinaloa. The Company also operates its 100%-owned Cerro Colorado gold mine in the state of Sonora.

Goldgroup remains in a flexible financial position with a strong cash balance, no debt and no gold hedging. The Company is led by a team of highly successful and seasoned individuals with extensive expertise in mine development, corporate finance, and exploration in Mexico. Goldgroup's mission is to increase gold production, mineral resources, profitability and cash flow, building a leading gold producer in Mexico.

For further information on Goldgroup, please visit http://www.goldgroupmining.com/s/Home.asp

On behalf of the Board of Directors,

Dr. Hans von Michaelis, President, CEO & Director
Tel: 1-303-526-1626

Travis McPherson, Manager of Investor Relations
Toll Free: 1-877-655-ozAu (6928)