Goldgroup Appoints Harry Burgess to Board of Directors
Goldgroup Appoints Harry Burgess to Board of Directors
VANCOUVER
,
Dec. 20, 2017
/CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV
SIX:GGAN.MX) announces the appointment of
Harry Burgess
to the Company's Board of Directors.
Mr.
Harry Burgess
was a Founding Partner and now an Associate Consulting Mining Engineer of Micon International, Ltd. and is a Member at
Professional Engineers Ontario and a Member at The Canadian Institute of Mining, Metallurgy & Petroleum. He is on the Board of Directors at
Cartier Iron Corp., GPM Metals, Inc. and ACME Resources Corp. Mr. Burgess was previously employed as an Independent Director by
Champion Iron Mines Ltd., an Independent Director by Treasury Metals, Inc., an Independent Director by Tartisan Resources Corp., an
Independent Director by Brigus Gold Corp., and an Independent Director by Vena Resources, Inc. He also served on the board at Mag Copper
Ltd., Aquiline Resources, Inc., Absolut Resources Corp. and Amerix Precious Metals Corp. He has 40 years of experience with mining
operations in
China
,
Africa
,
North America
and Australia. He received his undergraduate degree from Imperial College London, an undergraduate
degree from The Royal School of Mines and a graduate degree from the University of the Witwatersrand.
Keith Piggott
commented: "We are excited to welcome Mr. Burgess to the Company and very much look forward to utilizing his experience on the
Board."
For further information on Goldgroup, please visit
www.goldgroupmining.com
On behalf of the Board of Directors,
Mr.
Keith Piggott
, Chairman, President and CEO
Tel: 1-520-247-5753
Investor Relations
Toll Free: 1-877-655-ozAu (6928)
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
Certain information contained in this news release, including any information relating to future financial or operating performance, may
be considered "forward-looking information" (within the meaning of applicable Canadian securities law) and "forward-looking
statements" (within the meaning of the United States Private Securities Litigation Reform Act of 1995). These statements relate to
analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions
of management. Actual results could differ materially from the conclusions, forecasts and projections contained in such forward-looking
information. These forward-looking statements reflect Goldgroup's current internal projections, expectations or beliefs and are based on
information currently available to Goldgroup. In some cases forward-looking information can be identified by terminology such as
"may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "projects", "potential", "scheduled",
"forecast", "budget" or the negative of those terms or other comparable terminology. Certain assumptions have been made regarding
the Company's plans at the Cerro Prieto project. Many of these assumptions are based on factors and events that are not within the
control of Goldgroup and there is no assurance they will prove to be correct. Forward-looking information is subject to a variety of
known and unknown risks, uncertainties and other factors that could cause actual events or results to materially differ from those
reflected in the forward-looking information, and are developed based on assumptions about such risks, uncertainties and other factors
including, without limitation: uncertainties related to actual capital costs, operating costs and expenditures, production schedules and
economic returns from Goldgroup's projects; uncertainties associated with development activities; uncertainties inherent in the
estimation of mineral resources and precious metal recoveries; uncertainties related to current global economic conditions; fluctuations
in precious and base metal prices; uncertainties related to the availability of future financing; potential difficulties with joint venture
partners; risks that Goldgroup's title to its property could be challenged; political and country risk; risks associated with Goldgroup
being subject to government regulation; risks associated with surface rights; environmental risks; Goldgroup's need to attract and retain
qualified personnel; risks associated with potential conflicts of interest; Goldgroup's lack of experience in overseeing the construction of
a mining project; risks related to the integration of businesses and assets acquired by Goldgroup; uncertainties related to the
competitiveness of the mining industry; risk associated with theft; risk of water shortages and risks associated with competition for
water; uninsured risks and inadequate insurance coverage; risks associated with potential legal proceedings; risks associated with
community relations; outside contractor risks; risks related to archaeological sites; foreign currency risks; risks associated with security
and human rights; and risks related to the need for reclamation activities on Goldgroup's properties, as well as the risk factors disclosed
in Goldgroup's Annual Information Form and MD&A. Any and all of the forward-looking information contained in this news release is
qualified by these cautionary statements. Although Goldgroup believes that the forward-looking information contained in this news
release is based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements.
Accordingly, readers are cautioned against placing undue reliance on forward-looking information. Goldgroup expressly disclaims any
intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise,
except as may be required by, and in accordance with, applicable securities laws.
SOURCE
Goldgroup Mining Inc.
View original content: http://www.newswire.ca/en/releases/archive/December2017/20/c8754.html
%SEDAR: 00003703E
For further information:
Mr. Keith Piggott, Chairman, President and CEO, Tel: 1-520-247-5753; Investor Relations, Toll Free: 1-877-655-
ozAu (6928)
CO: Goldgroup Mining Inc.
CNW 17:26e 20-DEC-17