Mining Company to Purchase Remaining Stake in Mexican Gold Project

Goldgroup Mining has agreed to purchase Almaden Minerals' 30% stake in the Caballo Blanco project, in Mexico. "The Caballo Blanco project covers an area of approximately 55,000 hectares and is centered next to the Gulf of Mexico, 65 kilometres northwest of the city of Veracruz in the state of Veracruz, Mexico." Proactive Investors has the scoop on the details of the agreement.