Kieth Piggott - Goldgroup PDAC2012 || Latam Ventures, Mining in Mexico PDAC2012

www.goldgroupmining.com TSX:GGA • OTC:GGAZF

Goldgroup Mining Inc.TSX:GGA ▪ OTC:GGAZF

March 2012

Goldgroup Mining Inc.TSX:GGA ▪ OTC:GGAZF

March 2012

www.goldgroupmining.com TSX:GGA • OTC:GGAZF 2

Forward-Looking Statements

This presentation contains forward-looking information about Goldgroup within the meaning of the Securities Act (British Columbia). Forward-lookingstatements relate to future events or future performance and reflect Goldgroup’s expectations regarding the future growth, results of operations,business prospects and opportunities of Goldgroup. These statements reflect Goldgroup’s current internal projections, expectations or beliefs and arebased on information currently available to Goldgroup. In some cases forward-looking information can be identified by terminology such as “may”, “will”,“should”, “expect”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “projects”, “potential”, “scheduled”, “forecast”, “budget” or the negative of thoseterms or other comparable terminology. Many of these assumptions are based on factors and events that are not within the control of Goldgroup andthere is no assurance they will prove to be correct. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties andother factors that could cause actual events or results to materially differ from those reflected in the forward-looking statements, and are developedbased on assumptions about such risks, uncertainties and other factors including, without limitation: fluctuations in precious and base metal prices;inherent hazards and risks associated with mining operations; inherent uncertainties associated with mineral exploration and development activities;uncertainties inherent in the estimation of mineral reserves and/or resources and precious metal recoveries; uncertainties related to actual capital costs,operating costs and expenditures, production schedules and economic returns from Goldgroup’s projects; uncertainties related to current global financialconditions; uncertainties related to the availability of future financing necessary to undertake exploration, development, mining and processing activitieson Goldgroup’s properties; risks related to the integration of businesses and assets acquired by Goldgroup; uncertainties related to the competitivenessof the mining industry; risks associated with Goldgroup being subject to government regulation, including changes in law and regulation and risksassociated with Goldgroup’s need for governmental licenses and permits; risks associated with Goldgroup being subject to extensive environmental lawsand regulations, including a change in regulation; risks that Goldgroup’s title to its property could be challenged; political and country risk; risk of watershortages and risks associated with competition for water; Goldgroup’s need to attract and retain qualified personnel; increases in off-site transportationand concentrate processing costs; risks related to the need for reclamation activities on Goldgroup’s properties, including the nature of reclamationrequired and uncertainty of costs estimates related thereto; risks associated with potential conflicts of interest; risks associated with potential labourdisputes; and risks associated with potential blockades of mining operations as well as “Risks and Uncertainties” included in the Annual InformationForm and MD&A for Goldgroup available at www.sedar.com. Forward-looking information is not a guarantee of future performance and actual resultsand future events could differ materially from those discussed in the forward-looking information. All of the forward-looking information contained in thispresentation is qualified by these cautionary statements. Although Goldgroup believes that the forward-looking information contained in thispresentation are based on reasonable assumptions, readers cannot be assured that actual results will be consistent with such statements. Accordingly,readers are cautioned against placing undue reliance on forward-looking information. Goldgroup expressly disclaims any intention or obligation to updateor revise any forward-looking information contained in this presentation, whether as a result of new information, events or otherwise, except inaccordance with applicable securities laws. The information contained herein does not constitute an offer of securities for sale in the United States andsecurities may not be offered or sold in the United States absent registration or exemption from registration.

CAUTIONARY STATEMENT


INTRODUCTION

• Focused on expanding gold production to 200,000+ oz Au/year

• Highly successful mining and finance management team specializing in operations in Mexico

• Cash position: $30 million*

• Indicated Resource: 650,000 oz Au Inferred Resource: 900,000 oz Au

• Developing advanced-stage NI 43-101 compliant project, Caballo Blanco

• Reviewing options for development of San José de Gracia

• Cerro Colorado mine in production for 7 years

3

*As of Sept 30, 2011


CORPORATE STRATEGY

4

• Create shareholder value by:

– Developing Caballo Blanco into a low-cost, heap leach producer

– Increasing production to 200,000+ oz Au/year in 3 yrs

– Continuing exploration to expand total resources

– Medium-term development of high-grade San José de Gracia

– Sustaining production at Cerro Colorado

– Consolidating joint-venture interests

– Acquiring assets that are accretive to reserves/resources with significant expansion potential


WHY GOLD?

5

• Growing physical demand

– China, India and central banks buying gold bullion

– Mexican Central Bank: Heavy purchaser of gold* (Q3 2011)

• Growing investment demand

– Inflation hedge

– Currency protection

– Safe haven/asset class

• Flat/decreasing mine supply

• Depreciating US dollar

• Global inflation: Printing of fiat currencies by central banks

+92.30% since Jan ‘08

Gold Price 2008-2011

*Source: World Gold Council, 2011


MANAGEMENT TEAM

Keith Piggott, ACSM – President, CEO & Director

Gregg J. Sedun, LLB – Executive Chairman & Director

John Sutherland, CGA – Chief Financial Officer, Vice-President

Kevin Sullivan, B.Sc. MAusIMM – Vice-President, Exploration

Francisco Escandon, Geol. Eng. MMSA – Technical Director, Director

Patrick Glynn, P.Eng – Vice President, Technical & Project Operations

Mark Henry – General Manager, Cerro Colorado

Stephanie Batory, MBA – Investor Relations Manager

6


Dr. Paul L. Zweng, M.Sc, Ph.D – Director

Dr. Hans von Michaelis, Ph.D – Director

Robert Byford, F.CA – Director

Corry Silbernagel, P.Eng., MBA – Director

Dr. Allen Born, Ph.D – Board of Advisors

Harry Burgess, P.Eng. – Board of Advisors

7

BOARD OF DIRECTORS


ASSET OVERVIEW

• Caballo Blanco – Veracruz, Mexico– Multi-million oz Au resource potential with estimated initial production of

~100,000 oz Au annually at low cost

8

• Cerro Colorado Mine – Sonora, Mexico – ~20,000 oz Au expected production in 2011

• El Candelero – Sinaloa, Mexico – Earning up to 70% in JV with Goldcorp

• San José de Gracia – Sinaloa, Mexico– High-grade, multi-million oz Au resource potential with estimated production of ~100,000 oz Au annually


Mulatos(Alamos)

2.4M oz AuEq

Ocampo(AuRico)

5.7M oz AuEq

La Herradura(Penoles/Newmont)

6.0M oz AuEq

Dolores(Minefinders)3.7M oz AuEq

Pinos Altos(Agnico-Eagle)

2.8 oz AuEq

Palmarejo(Coeur d’Alene)3.1M oz AuEq

El Sauzal(Goldcorp)

2.5M oz AuEq

San Dimas(Primero)

13.0M oz AuEq

Los Filos(Goldcorp)

8.4M oz AuEq

El Aguila(Gold Resource Corp.)

1.5M oz AuEq

Cerro Colorado Mine

San José de Gracia

Caballo Blanco

Penasquito(Goldcorp)

48.5M oz AuEq

Camino Rojo(Goldcorp)

5.2M oz AuEq

Fresnillo(Fresnillo)

15.8M oz AuEq• Management has spent over 15

years in the country (100+ years)

• Stable economy and government

• Long and rich history of mining

• Mining represents a large portion of economy

• Favorable corporate tax rate: 30%

• Well established permitting process

• Experienced local workforce

Why Mexico?

El Candelero

9

Veracruz

Major Deposit

PROLIFIC MINING JURISDICTION


SIGNIFICANT MILESTONES

10

Q4 2009 – Acquired Caballo Blanco from NGEx Resources (Lundin Group)

Q2 2010 – Completed RTO with Sierra Minerals Inc. to form Goldgroup Mining Inc. (TSX:GGA)

Q3 2010 – Sold El Porvenir project for $25 million (Initial cost: $3 million)

Q1 2011 – Completed $40 million equity financing

Q1 2011 – Completed 50% Earn-In for San José de Gracia

Q3 2011 – Acquired remaining 30% interest in Caballo Blanco

Q4 2011 – Updated NI 43-101 Resource Estimate for San José de Gracia

Q1 2012 – Updated NI 43-101 Resource Estimate for Caballo Blanco

Q1 2012 – Expect to release PEA for Caballo Blanco

Q2 2012 – Expect to be granted EIS for Caballo Blanco


MINERAL RESOURCES

11


CABALLO BLANCO

• 100% owned by Goldgroup Mining Inc.

• Indicated Resource: 575,000 oz Au* Inferred Resource: 419,000 oz Au*

• Completed updated NI 43-101 mineral resource estimate in Q1 2012 (La Paila Zone only)

• Two large areas of epithermal gold mineralization: Northern Zone (La Paila focus) and Highway Zone

• Project covers 55,000 hectares

• Excellent infrastructure

• 65km north of Mexico’s largest port city Veracruz

• Access to paved roads and water, power on site

• On-site metallurgical and assay facilities

• Anticipate annual production of ~100,000 oz Au in 2013

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Northern Zone

Highway Zone

55,000 hectares

Caballo Blanco Property Geology Map

Northern Zone

Highway Zone

55,000 hectares

Exploration Targets

* NI 43-101 Compliant (2012)

La Paila

Veracruz(65km)


• Vuggy silica breccias, high sulphidation fully oxidized, epithermal gold system

• 175 holes drilled to date (GGA: 142)

• Northern Zone: La Paila plus at least four other large IP high resistivity anomalies

• Large ‘magnetic high’ ring structure

• La Paila Zone open to south, southwest, and northeast

• Exploring for high-grade feeder zones

• 63km IP geophysics survey

CABALLO BLANCO

Northern Zone IP Resistivity Map

Bandera N

Bandera S

Las Cuevas SW

Las Cuevas

La Cruz S

La Cruz NCerro Blanco

Road

La Paila ZoneIndicated: 575,000 oz AuInferred: 419,000 oz Au


La Paila Zone Cross Section246.89 m

11CBN-127

0.707 g/t Au @ 27.4m

0.30 g/t Au @ 17.2m

0.28 g/t Au @ 15.45m

293.5m

203.6m

227.99m

0.49 g/t Au @ 129.5m

0.58 g/t Au @ 216.4m

0.89 g/t Au @ 144m

1.044 g/t Au @ 85.4m

0.61 g/t Au @ 134m

2.194 g/t Au @ 89.9m

1.549 g/t Au @ 29.0m

11CBN-07008CBN-004

07CBN-002

08CBN-017

• 2011: 30,000m drill program on La Paila completed

• 2012: 30,000m drill program in progress

• Underground exploration tunneling to define ore in progress

• Metallurgical results expected in Q1 2012

• PEA expected in Q1 2012

• Environmental Impact Study (EIS) submitted –pending government approval

La Paila Zone

CABALLO BLANCO


• Mine type: Open pit heap leach

• Easy processing: Run-of-mine

• Processing 20,000 tpd @ ~0.65 g/t

• Leach pad with ~200 Mt capacity

• Completed on-site 25 column tests

• Observing high recoveries, low strip ratio, easy leaching, low reagent consumption

• Significant resource and production growth potential

Significant Drilling Results

Drill Hole # Interval (m) Gold Grade (g/t)

68 134.0 0.61

72 122.0 0.80

73 48.50 3.47

79 100.1 0.88

82 154.0 0.59

84 64.00 1.20

108 84.77 0.71

120 126.2 0.69

125 57.33 1.16

127 144.0 0.89

131 90.60 0.91

139 79.42 1.20

142 69.60 0.97

143 93.90 0.77

153 197.0 0.60

159 67.32 0.88

167 76.00 0.98

172 107.9 0.94

Mine Economics

CABALLO BLANCO


SAN JOSÉ DE GRACIA

• Indicated Resource: 147,000 oz Au* Inferred Resource: 963,000 oz Au*

• Updated NI 43-101 resource estimate in Q4 2011**

• Historical production of 1 million+ oz Au averaging 30-60 g/t

• Low sulphidation epithermal vein system

• Project covers 69,000 hectares

• Horizontal tunnel access

• Located 400-700m above sea level

• 374 holes drilled to date (GGA: 298 holes)

• Drilled only 5 of 50 highly prospective anomalies

• Goldgroup’s interest = 50%

Significant Drilling Results

Drill Hole # Interval (m) Gold Grade (g/t) 21 6.10 26.89

26 4.10 16.82

27 6.05 13.59

31 7.50 53.98

51 10.80 19.32

76 2.80 27.29

104 1.35 26.58

116 8.15 9.37

131 1.10 29.25

139 5.50 20.51

151 7.82 22.19

154 1.75 21.89

179 1.72 105.51

203 5.50 332.86

237 0.40 883.91

256 1.24 144.08

264 1.24 21.24

271 4.75 13.93

* NI 43-101 Compliant (2011)** See Appendix for NI 43-101 Resource Classification


Tres Amigos

San PabloLa Union

La Purisima

SAN JOSÉ DE GRACIA

San José de Gracia 3D Block Model

- Low sulphidation epithermal vein system- Four main veins:

• Tres Amigos • San Pablo • La Union • La Purisima

San José de Gracia Township

* See Appendix for NI 43-101 Resource Classification

- Resources in hills above river level- Low-cost adit mining - Good mining widths- High profit margin ounces

Part of mineralized trend within 69,000 hectares of concessions


Andesite

**At 2.0 g/t Au cut-off (underground mining with horizontal tunnel access, gravity/floatation extraction)

Andesite

SAN JOSÉ DE GRACIA


• 100% owned & operated by Goldgroup Mining Inc.

• Open pit heap leach operation

• In production for 7 years

• ~20,000 oz gold production projected in 2011 and 2012

• Installed new crushing system to increase recoveries

• Ongoing exploration drilling to increase resources

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CERRO COLORADO MINE


TIMELINE OF KEY EVENTS

20

2011 2012 2013 2014Caballo Blanco

Drilling

NI 43-101 Resource Update

Permitting

Construction

Production

Preliminary Economic Assessment


PEER GROUP ANALYSIS

Source: BloombergData as of Feb 20, 2012

Mar

ket

Cap

italiz

atio

n

21

$2,200 $2,150

$1,200

$889 $806 $771

$703

$392 $349 $319 $252

$155

$-

$500

$1,000

$1,500

$2,000

$2,500


• Significant growth potential in near-term production and exploration at Caballo Blanco

• World class management team with proven operating and mine production experience in Mexico

• Significant management ownership (~20% o/s shares)

• Well funded and no debt: Raised $40 million (at $1.40) in last equity financing

• Growth in shareholder value through:

– Leverage to gold price

– Increasing production

– Increasing resources

• Mexico: Highly-prospective and mining-friendly region

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INVESTMENT OPPORTUNITY


SHARE STRUCTURE

Issued & Outstanding: 128,526,049Incentive Stock Options: 11,477,848Warrants: 2,000,000Fully Diluted: (at Mar. 1/12) 142,003,897

Market Capitalization: ~$170mWorking Capital: $30m52 week Range: $1.03-$1.75Average Volume: ~300,000/day

Stephanie Batory, MBA Investor Relations Manager TF: 1.877.655.ozAu (6928)

[email protected]

Follow Goldgroup:


APPENDIX: ADDITIONAL MATERIALS

24


SENIOR MANAGEMENT TEAM

Keith Piggott, ACSM – President, Chief Executive Officer & Director

• Developed gold mines in Australia and two Mexican gold mines, that have been in continuous production for twelve and five years, respectively

• Identified a two million oz gold deposit at Ok Tedi, Papua New Guinea farmed out to BHP• Developed a range of metallurgical technologies, including a patented dry separation technology

used today in Australia and Mexico• Graduate in Mining Engineering from the Camborne School of Mines and the Executive Development

Program at London Business School

Gregg J. Sedun, LLB – Executive Chairman & Director

• Founding Director & Legal Counsel of Diamond Fields Resources Inc. (sold to Inco for $4.3 billion in the largest takeover of a Canadian junior mining company)

• Former Founder, President & Director of Luna Gold Corp. and Diamond Fields International Ltd.• Founding shareholder of Peru Copper Inc. (sold to Chinalco in 2007 for $860 million)• Founding Director of Adastra Minerals (sold to First Quantum Minerals in 2006 for $300 million)• Chairman & CEO of Uracan Resources Ltd. (TSX.V:URC)• President & Director of Oceanic Iron Ore Corp. (TSX.V:FEO)

John Sutherland, CGA – Chief Financial Officer & Vice-President

• Former CFO of Arequipa Resources leading up to its acquisition by Barrick Gold for $1.1 billion• Hands-on experience building the $120 million Sonora mine in California• Co-founder, Vice-President and CFO of Tekion, Inc.• Founding partner of a venture capital company

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MANAGEMENT TEAM

Kevin Sullivan, B.Sc. MAusIMM – Vice-President, Exploration• Graduate geologist from Victoria University of Wellington, New Zealand

• Member of the Australasian Institute of Mining and Metallurgy

• 20+ years of gold exploration experience in Australia

• Instrumental in the discovery of the Mt. Leyshon gold deposit -subsequently produced in excess of 2.5m oz Au

Francisco Escandon, Geol. Eng. MMSA – Technical Director & Director• Graduate geological engineer from the National University of Mexico

• 40+ years experience in exploration and mining

• Varied experience that includes mine design, metallurgical research, feasibility studies and environmental studies

• A Qualified Person (QP) as defined by Canadian NI 43-101 regulations

Patrick Glynn, P.Eng – Vice President, Technical & Project Operations • Graduate metallurgist from the University of the Witwatersrand in Mineral Processing Engineering.

• 35+ years experience in the operation and design of gold, copper, nickel and PGM’s processing facilities

• Former Senior Project Manager for Rosemont Copper Company and AMEC International, both billion+ dollar projects

26


BOARD OF DIRECTORS

Dr. Paul L. Zweng, M.Sc, Ph.D - Director• 25 years of successfully blending a technical and financial background in exploration and mining

• Co-founder and managing member of Resource Venture Advisors, LLC

• Former interim CEO and Director of Bellhaven Copper and Gold Inc. (TSX.V:BHV)

• 2003 - 2008, COO, then President/CEO of TSX listed QGX Ltd, acquired by The Kerry Group (Hong Kong) for C$270 million

• Co-founded Antares Minerals Inc in 2004, (TSX-V:ANM ) acquired by First Quantum Minerals Ltd. In 2010 for CDN$610 million

• Holds two B.Sc degrees in Geology and Applied Earth Sciences (Mineral Economics) from Stanford University (California), a M.Sc. degree in Geology from Queen’s University (Ontario) and a Ph.D. in Applied Earth Sciences (Ore Deposits) from Stanford University (California)

Robert Byford, F.CA – Director• Former partner of KPMG LLP and was a Senior Vice President and Director of KPMG Corporate Finance

• Brings a wide range of experience to our board in finance, acquisition and divestiture transactions across many industry sectors

• Was also an elected Governor of the Vancouver Stock Exchange, a predecessor to the TSX Venture Exchange

Corry Silbernagel, P.Eng., MBA – Director • Vancouver-based specialist in finance and corporate advisory

• Former CFO of Cabo Drilling Corp., one of Canada's largest exploration drilling services companies

• Managed large-scale projects in excess of $100 million in mining, oil and gas for companies such as Suncor and TransAlta

• Holds an MBA from INSEAD and a Civil Engineering degree from the University of British Columbia

Dr. Hans von Michaelis, Ph.D – Director• PhD. in Geochemistry from the University of Cape Town. Expert in gold and silver ore processing technology

• Founding shareholder of Alamos Minerals Ltd. and introduced the Mulatos Gold Project to Alamos

• Former Director of Glamis Gold Ltd.

• Founder and President of Randol International Ltd. Author of Randol Gold

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BOARD OF ADVISORS

Harry Burgess, P.Eng. – Board of Advisors• Mining engineer and founding partner of Micon International Ltd.

• Held senior positions with copper and gold producers in Zambia and South Africa

• Responsible for the introduction of mechanized mining systems to the gold mines of Anglo-American in the Orange Free State

• Leading the review and ongoing management of the Lihir gold project, Papua New Guinea, on behalf of a syndicate of financing banks and institutions arranging an initial public float

• Financing involved US$300 million of debt and US$450 million of equity

Dr. Allen Born, Ph.D – Board of Advisors• Former Chairman and CEO of Alumax Inc. (former third largest US aluminum company until Alcoa takeover –

Revenues of $2.7 billion)

• Former President, CEO and Chairman of Placer Dome Inc.

• Former Co-Chairman of Cyprus Amax Minerals Company

• Named 1986, 1991 and 1992 Mining Industry CEO of the year by Financial World Magazine

• Received the Golden Nugget Award in 1987 for professional accomplishment from the University of Texas at El Paso

• Named aluminum industry CEO of the Year in 1990 (Wall Street Magazine)

• Received an Honorary Doctorate of Engineering from the Colorado School of Mines

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CABALLO BLANCO

Date of Report

Cut-off Grade

(Au g/t)

ResourceClass

Tonnes Avg GoldGrade

(g/t Au)

Avg Silver Grade

(g/t Ag)

Contained Gold Ounces

(Au)

ContainedSilver Ounces

(Ag)

Feb 2012

0.20 Indicated 28,890,000 0.62 2.32 575,000 2,150,000

0.20 Inferred 24,0200,00 0.54 2.50 419,000 1,917,000

March 2010

0.20 Indicated 6,710,000 0.645 - 139,000-

0.20 Inferred 27,600,000 0.583 - 517,000 -

NI 43-101 Mineral Resource Estimate Classification

* Source: Goldgroup’s NI 43-101 Technical Report (February 16, 2012)


CABALLO BLANCO GEOLOGY

La Paila Zone Geology Map La Paila Zone Block Model


CABALLO BLANCO

Northern Zone Exploration Targets

La Cruz S

Las Cuevas

Las Cuevas SW

Bandera S

Bandera N

Cerro Blanco

Road

La Paila Zone Drill Map


La Cruz N



SAN JOSÉ DE GRACIA

VeinCut-off Grade

(Au g/t)

ResourceClass

Tonnes >Cut-off

(tonnes)

Cut-offGold

Grade (g/t Au)

Cut-offSilverGrade

(g/t Ag)

Cut-offCopper Grade (% Cu)

Cut-offZinc

Grade(% Zn)

Contained Gold

Ounces(Au)

ContainedSilver

Ounces (Ag)

Tres Amigos

2.00 Indicated 913,000 5.00 10.72 0.21 0.54 147,000 315,000

TotalInferred

2.00 Inferred 5,813,000 5.16 10.26 0.21 0.16 963,000 1,917,000

Tres Amigos

2.00 Inferred 1,811,000 5.16 10.62 0.25 0.41 300,000618,000

San Pablo 2.00 Inferred 1,827,000 6.49 12.80 0.29 0.04 381,000 752,000

La Purisima

2.00 Inferred 1,266,000 4.01 5.31 0.08 0.06 163,000 216,000

La Union 2.00 Inferred 909,000 4.06 11.37 0.17 0.04 119,000 332,000

NI 43-101 Mineral Resource Estimate Classification

* Source: Goldgroup’s NI 43-101 Technical Report (November 2011)


SAN JOSÉ DE GRACIA

San José de Gracia Local Geology Tres Amigos Vein


CABALLO BLANCO

34

On-Site Heap Leach Column Test Facility(Sept 2011) Site Analyst Visit (Sept 2011)

Underground Tunnel Construction on La Paila – Analyst Visit (Sept 2011)

Senior Management Team(Sept 2011)


CABALLO BLANCO

35

Community Involvement (Sept 2011)

Caballo Blanco Aerial View (Sept 2011)

Tree planting at Caballo Blanco (Sept 2011)

Caballo Blanco Operations Team (Sept 2011)


SAN JOSÉ DE GRACIA

View Towards Tres Amigos

San José de Gracia Township

Tres Amigos Vein Outcrop

Exploration Drill

San José de Gracia Tree Nursery


CERRO COLORADO

37

Loading Trucks (Sept 2011)

Gold Bar(Sept 2011)

Ramp to Mine Waste Site(Sept 2011)

Leach Pad(Sept 2011)


EL CANDELERO

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• 70/30 JV with Goldcorp• 7 km west of San Dimas Mine (formerly Goldcorp’s)

• Produced over 160,000 oz AuEq in 2008• Similar low sulphidation epithermal vein system (up to 2km long)

• 26,673 hectare claim areas• 461 samples collected and assayed to date

• 118 samples with grades >1 g/t Au

• Santa Cruz – Five main vein structures 5-20m wide• Best sample: 10m @ 17 g/t AuEq

• Pino – Four main vein structures avg. 8m wide • Best sample: 8m @ 32.7 g/t AuEq

• Soledad – Single vein up to 20m wide and 800m long • Best sample: 3m @ 8.6 g/t AuEq

Technology

Kieth Piggott - Goldgroup PDAC2012 || Latam Ventures, Mining in Mexico PDAC2012