TSX-V:GGA OTC:GGAZF

2009 News Releases

August 27, 2009

Shareholder Update

Goldgroup is diligently working to realize its vision of becoming a premier gold producer in Mexico, one of the world's best mining jurisdictions. Goldgroup is primarily focused on developing its near-term production projects but has been evaluating the acquisition of other gold deposits. All efforts are directed at expanding gold ore resources and bringing those resources into production thus escalating the market value of its in-ground ounces.