Goldgroup Mining Covered by Dundee Securities with a Buy Rating

Goldgroup Mining Inc. (TSX: GGA; OTC Other: GGAZF) was covered by Dundee Securities with a “Buy, Speculative Risk” rating in a New Idea of Interest report published today which outlines the Company’s Caballo Blanco gold project just north of Veracruz, Mexico.

Goldgroup anticipates starting up material gold production at Caballo Blanco in late 2012/early 2013 and targeting first year production of 100,000 ounces.

To read the full report, just click on the graphic below or go to: http://research.dundeesecurities.com/Research/GGA031412.pdf

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