2010 News Releases

Vancouver, British Columbia (September 8, 2010) - Goldgroup Mining Inc. ("Goldgroup" or the "Company"), in coordination with DynaResource, Inc. ("DynaUSA" - "DYNR-OTCBB"), is pleased to announce that drilling from its 15,600 meter Phase II diamond drilling program at the San José de Gracia project in Sinaloa, Mexico ("San José de Gracia") continues to encounter significant mineralization yielding 22.19 g/t Au over 7.8 meters and 21.89 g/t Au over 1.75 meters. Significant assay results from the next nine holes in the program (SJG-10-148 to SJG-10-156), all drilled in the Tres Amigos vein, are presented in the table below:

"These assay results further support the recent recognition by the State Government of Sinaloa, through Mexico's Ministry of Economic Development of the San José de Gracia gold project as Sinaloa's Most Significant Gold Project for 2009, stated Keith Piggott, CEO of Goldgroup. "Following the sale of the Company's El Porvenir project (see news release July 12, 2010) which netted Goldgroup US$23.3 million, we have the cash to continue to advance both the San José de Gracia project and our 70%-owned Caballo Blanco project in Veracruz, Mexico, further supported by positive operating cash flow from our 100%- owned Cerro Colorado gold mine in Sonora, Mexico. With cash in the bank, significant assay results and record high gold prices, this is an extremely exciting time for Goldgroup shareholders," Mr. Piggott added.

The nine holes discussed above intersected mineralization in excess of the 2.0 g/t Au cut-off grade used in estimating the inferred mineral resource presented in the San José de Gracia Technical Report dated March 22, 2010. Prior to Phase II drilling, the Tres Amigos vein was estimated to contain 80,000 ounces of gold and 177,000 ounces of silver, hosted in 600,000 tonnes grading 4.13 g/t Au and 9.19 g/t Ag, forming part of a larger overall estimated mineral resource at San José de Gracia. Results from these nine holes and the first 21 holes announced in the news release of June 11, 2010 represent the results of new drilling completed since the calculation of the current initial mineral resource estimate and will be used in the estimation of an updated mineral resource expected to be completed following the termination of the entire 62 hole, 15,600 meter Phase II drill program.

A complete summary of the assay results from drill holes SJG-10-148 to SJG-10-156 and a map of the Tres Amigos zone detailing the relative locations of the drill holes used in estimating the mineral resource, the Phase II drilling and future proposed drilling have been posted on the Company's website under "Projects -- San José de Gracia" at www.goldgroupmining.com.

The San José de Gracia District, covering 99,500 hectares, is 100%-owned by DynaResource de Mexico S.A. de C.V ("DynaMexico'). Goldgroup currently owns 25% of DynaMexico after completing the initial stages of its earn-in and has the right to earn an additional 25% (total of 50%) by expending US$5.5 million by March 15, 2011. Phase II drilling expenditures are being incurred in connection with the earn-in of the additional 25% of DynaMexico. The remaining interest in DynaMexico is owned by DynaUSA. San José de Gracia is a high-grade advanced exploration project hosting a NI 43-101 compliant mineral resource estimate contained in four separate veins: Tres Amigos, San Pablo, La Union area and the La Purisima trend. Historically, in excess of one million ounces of gold has been produced from the property from high-grade veins grading between 30.0 g/t Au to 60.0 g/t Au. Goldgroup and DynaUSA are targeting a mineral resource estimate capable of sustaining annual production of 100,000 ounces of gold from San José de Gracia.

Assaying and Qualified Person

After project geologists logged and marked the core, technicians cut the individual lengths with a diamond saw, then tagged the bags and secured them with security clips. The samples were then trucked to Hermosillo, Mexico where Inspectorate America Corp. ("Inspectorate") crushed each sample to -150 mesh. The rejects remained with Inspectorate while the pulps were air couriered to Inspectorate's Richmond, BC, Canada facility and analyzed for gold by fire assay with Atomic Absorption ("AA") finish. Samples over 1.0 grams per tonne gold were re-run using fire assay with gravity finish. In addition, a 30 element Inductively Coupled Plasma ("ICP") analysis (aqua regia digest) was conducted on all samples. A QA/QC program was implemented as part of the sampling procedure for the drill program. One standard, one blank or one duplicate was inserted per group of 20 samples sent the laboratory. These standards were purchased commercially from Rocklabs Ltd. of Auckland, New Zealand. The San José de Gracia drill program is under the direct supervision of Kevin Sullivan, B.Sc., M.AusIMM, contracted by Mineras de DynaResource S.A. de C.V., the operating entity at San José de Gracia, and the Company's Vice President, Exploration and a qualified person, as defined by NI 43-101. Mr. Sullivan has reviewed the technical information contained in this news release and reviewed the release.

About Goldgroup

Goldgroup is a well-funded Canadian-based gold production and exploration Company focused exclusively on Mexico, targeting growth in gold production, mineral resources, profitability and cash flow from a portfolio of production, development and exploration stage projects. The Company owns and operates the Cerro Colorado Gold Mine in Sonora, Mexico. All gold production is un-hedged and the Company expects to produce approximately 25,000 ounces of gold in 2010. The Company's property portfolio includes its interests in the Caballo Blanco project in Veracruz and the San José de Gracia high-grade gold project in Sinaloa.

Goldgroup is lead by a team of highly successful and seasoned individuals with extensive expertise in exploration, corporate finance and mine development in Mexico.

For further information on Goldgroup and San Jose de Gracia, please visit www.goldgroupmining.com
or contact:

Keith Piggott, CEO
T: 604-682-1943

David Fry, Investor Relations
T: 778-330-2759