Goldgroup Appoints Ralph Shearing as Chief Executive Officer
Goldgroup Appoints Ralph Shearing as Chief
Executive Officer
Vancouver, British Columbia--(Newsfile Corp. - October 3, 2023) - Goldgroup Mining Inc. (TSX: GGA)
(OTC Pink: GGAZF) (BMV SIX: GGAN.MX) ("Goldgroup" or the "Company") announces the
appointment of Mr. Ralph Shearing as the Company's Chief Executive Officer ("CEO") effective October
1, 2023. Anthony Balic, the previous Interim CEO, will continue as the Company's Chief Financial Officer.
Mr. Shearing is an experienced and accomplished exploration and mining executive holding a
designation of Professional Geologist registered in Alberta (APEGA). Since 1987 he has held senior
executive positions of CEO and/or President with public junior mining and exploration companies,
primarily with Luca Mining Corp., a company
he founded in 1986 and successfully guided the company
through the exploration and initial development phase of the Tahuehueto mine located in northwestern
Durango México. Recently Mr. Shearing resigned as CEO and president of Luca Mining in place of
mining professionals more qualified and experienced in operating underground mining assets. Mr.
Shearing's extensive experience of managing junior public companies, overseeing project exploration
combined with his keen insight to identify quality mineral exploration and mining assets are a welcome
addition to Goldgroup.
"On behalf of the Goldgroup Board of Directors, I am very pleased to welcome Mr. Shearing as our new
CEO," said Blair Jordan, Director.
"Mr. Shearing is an experienced executive with extensive experience
who will be instrumental to the Company as we focus on operational improvement and resource
expansion. We are looking forward to future value creation under Mr. Shearing's leadership."
"I am excited to be joining the Goldgroup team and looking forward to assisting the Company in
improving mining operations at the Cerro Prieto open pit gold mine and directing future exploration on
the underexplored property to increase resources and reserves to allow the Company to extend the
project's mine life." States Ralph Shearing, "I am also looking forward to assisting the Goldgroup team in
introducing and evaluating potential new potential acquisitions to grow the company."
About Goldgroup
Goldgroup is a Canadian-based mining Company that operates the Cerro Prieto heap-leach gold mine
located in the State of Sonora, Mexico and is led by a team of highly successful and seasoned
individuals with extensive expertise in mine development, corporate finance, and exploration in Mexico.
For further information on Goldgroup, please visit
www.goldgroupmining.com
On behalf of the Board of Directors
Investor Relations
Toll Free: 1-877-655-ozAu (6928)
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/182859