Goldgroup reports first drill results from 26,000-meter San Francisco gold program in Mexico
Reuters2026/09/11 20:48- Goldgroup reported first assay results from a 26,000-meter drill program at the San Francisco Gold Project in Sonora, Mexico.
- Early drilling inside the existing pit hit higher-grade intercepts, led by 16.8 meters at 4.36 g/t gold in hole GGD-178.
- Another highlight included 23.4 meters at 1.71 g/t gold in hole GGD-174, including 6.4 meters at 4.84 g/t.
- The program is designed to support a technical study on a potential mine restart, with US$ 8.5 million budgeted for drilling.
- The technical study is targeted for Q4 2026, with a potential restart decision pointing to Q1 2027.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Universal Insurance Executive Chairman Sean P. Downes sells USD 879,562 of common shares
Anthropic IPO Wealth Bonanza Sparks Battle: Goldman Sachs, Bank of America, and Others Compete for Employee Wealth Management Business
Anthropic's valuation has soared dramatically in a very short period, and some employees who have held equity for just two years may be facing wealth realization on a scale far beyond expectations. Wealth management professionals remarked, “It’s like winning the lottery.” Currently, Goldman Sachs, Bank of America, BNY Mellon, JPMorgan, and Wells Fargo have all reached out to Anthropic, aiming to establish long-term wealth management relationships with these newly wealthy tech elites at an early stage.
Box Insider Sold Shares Worth $513,660, According to a Recent SEC Filing
Titan Logix grants 750,000 stock options to CEO, CFO at $0.53 per share