US Market News
1週前
GoldMining Commences 2026 Exploration Drilling Program at its Yarumalito Gold-Copper Project, ColombiaMay 26, 2026 6:30 AM
PR Newswire (US) VANCOUVER, BC, May 26, 2026 /PRNewswire/ - GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) (the "Company" or "GoldMining") is pleased to announce that it has commenced an exploration-focused core drilling program on its 100%-owned Yarumalito Gold-Copper Project ("Yarumalito" or the "Project") in the Mid Cauca gold-copper belt of Antioquia, Colombia.Highlights:Fully Funded Drill Program Underway: The diamond core drill is actively turning on site for an approximate 1,200-metre systematic program.Testing a New and Enhanced Geological Model: Drilling will follow-up on high priority targets previously identified through comprehensive relogging of historical core.Expanding the Mineralized P-1 Porphyry: Testing new zones of potential bedrock mineralization in under-drilled portions of the host 'P-1' porphyry unit, the principal host of gold-copper ("Au-Cu") mineralization at the Project.Building on Historical Drill Intercepts:257 metres ("m") at 0.50 grams per tonne ("g/t") gold ("Au") and 0.1% copper ("Cu") from surface (YAR-06)250 m at 0.51 g/t Au and 0.13% Cu from surface (YAR-08)141.4 m at 0.77 g/t Au and 0.09% Cu from surface (YAR-11)Alastair Still, President and Chief Executive Officer of GoldMining, commented: "Yarumalito sits in the heart of Colombia's prolific Mid Cauca belt, in close proximity to major discoveries like Collective Mining's Guayabales project and Aris Mining's Marmato mine. With diamond core drilling now underway on our second active exploration drilling program in the Americas for 2026, we are testing a newly refined geological model at Yarumalito. This large, highly accessible gold-copper porphyry system remains open in all directions and the targeted drill program is our first step in seeking to unlock the substantial step-out growth potential of the mineralized P-1 host unit."About YarumalitoThe 100% owned Yarumalito project is located in the Mid Cauca Au-Cu Belt of central Colombia, approximately 105 kilometers south-southwest of Medellín, Colombia's second most important economic center, and 40 kilometers south of the Company's La Mina project. Neighbouring projects include Aris Mining Corporation's Marmato Gold Mine and Collective Mining Ltd.'s Guayabales Project. Gold-copper mineralization is related to porphyry intrusive bodies of potassic altered diorite with disseminated and fracture-controlled pyrite, chalcopyrite and magnetic, which is cross-cut by structurally controlled intermediate sulphidation epithermal veins containing pyrite, galena, sphalerite and chalcopyrite.An existing mineral resource estimate ("MRE") was previously completed by the Company on the Project based on 50 historical drill holes (drilled between 2005 and 2013) containing approximately 18,000 m of core. The MRE comprises 66.3 million tonnes at 0.58 g/t Au and 0.09% Cu for 1.23 million ounces Au and 129 million pounds Cu of estimated inferred mineral resources. For further information regarding the Project, including the MRE, please see the 'Technical Report Yarumalito Gold-Copper Property, Departments of Antioquia and Caldas, Republic of Colombia', with an effective date of April 1, 2020, a copy of which is available under the Company's profile on SEDAR+ at www.sedarplus.ca.The approximate 1,200 m planned core drilling program is expected to comprise three drill holes to test the geometry and extents of the porphyry-style of mineralization in the 'P-1' intrusive phase, which is demonstrated from systematic relogging of historical drill core to represent the principal host lithology of the gold and copper mineralization. A fourth drill hole is planned to target epithermal veins mapped from abandoned underground historical mine workings, with the objective to test the geometry, width and grade characteristics of the over-printing epithermal mineralization. The minor underground historic workings are not active and there is no known artisanal mining occurring on the Property.Qualified PersonTim Smith, VP, Exploration of GoldMining, has supervised the preparation of, and verified and approved all scientific and technical information herein. Mr. Smith is also a qualified person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").About GoldMining Inc.GoldMining Inc. is a public mineral exploration company focused on acquiring and developing gold assets in the Americas. Through its disciplined acquisition strategy, GoldMining now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the U.S.A., Brazil, Colombia, and Peru.Notice to ReadersTechnical disclosure regarding the Project has been prepared by the Company in accordance with NI 43-101. NI 43-101 is a rule of the Canadian Securities Administrators which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These standards differ from the requirements of the U.S. Securities and Exchange Commission ("SEC") and the scientific and technical information contained in this news release may not be comparable to similar information disclosed by domestic United States companies subject to the SEC's reporting and disclosure requirements.Forward-looking StatementsCertain of the information contained in this news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws ("forward-looking statements"), which involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Forward-looking statements, which are all statements other than statements of historical fact, include, but are not limited to, statements respecting the Company's proposed exploration program at the Project and its strategy and business plans. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which GoldMining operates. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including: the inherent risks involved in the exploration and development of mineral properties, fluctuating metal prices, unanticipated costs and expenses, risks related to government and environmental regulation, social, permitting and licensing matters, and uncertainties relating to the availability and costs of financing needed in the future. These risks, as well as others, including those set forth in GoldMining?s Annual Information Form for the year ended November 30, 2025, and other filings with Canadian securities regulators and the SEC, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that forward-looking statements, or the material factors or assumptions used to develop such forward-looking statements, will prove to be accurate. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities law. View original content to download multimedia:https://www.prnewswire.com/news-releases/goldmining-commences-2026-exploration-drilling-program-at-its-yarumalito-gold-copper-project-colombia-302781376.htmlSOURCE GoldMining Inc. Original: GoldMining Commences 2026 Exploration Drilling Program at its Yarumalito Gold-Copper Project, Colombia
CA Market News
3週前
GoldMining Announces 2026 Annual Meeting Voting ResultsMay 14, 2026 8:53 PM
PR Newswire (Canada) VANCOUVER, BC, May 14, 2026 /CNW/ - GoldMining Inc. (TSX: GOLD) (NYSE: GLDG) (the "Company" or "GoldMining") is pleased to announce that shareholder voting at the Company's annual meeting of shareholders (the "Meeting") held on May 14, 2026, has resulted in the election of all of the directors listed as nominees in management's information circular dated March 23, 2026.A quorum of 27.04% of the votes attached to the outstanding shares of the Company was present in person or by proxy at the Meeting.Each of the following six nominees proposed by management was elected as a director. The results of such vote were as follows:Director
Total Votes ForTotal Votes% of Votes For
Amir Adnani
25,742,48028,029,76291.84 %
David Garofalo
25,778,53528,029,76291.97 %
David Kong
27,691,50328,029,76298.79 %
Gloria Ballesta
27,505,79828,029,76198.13 %
Mario Bernardo Garnero
27,757,94328,029,76299.03 %
Anna Tudela
27,624,63628,029,76298.55 %
In addition, at the Meeting, shareholders approved the appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the Company's auditor for the ensuing year.Detailed voting results for the Meeting are available on SEDAR+ at www.sedarplus.ca.About GoldMining Inc.The Company is a public mineral exploration company focused on the acquisition and development of gold assets in the Americas. Through its disciplined acquisition strategy, the Company now controls a diversified portfolio of resource-stage gold and gold-copper projects and strategic investments in Canada, U.S.A., Brazil, Colombia, and Peru. View original content to download multimedia:https://www.prnewswire.com/news-releases/goldmining-announces-2026-annual-meeting-voting-results-302773098.htmlSOURCE GoldMining Inc. Original: GoldMining Announces 2026 Annual Meeting Voting Results
US Market News
4週前
Five Junior Gold Explorers Advancing Projects Adjacent to Major Mining OperationsMay 8, 2026 10:17 AM
PR Newswire (US) Issued on behalf of Golden Goose Resources Corp.VANCOUVER, BC, May 8, 2026 /PRNewswire/ -- Equity-Insider.com News Commentary — The gold sector just posted a striking contradiction. Exploration budgets climbed 11% to US$6.2 billion last year, now accounting for half of all global mining exploration, yet the money chasing new grassroots discoveries fell to a record low of just 21% of total allocations[1]. In practical terms, the industry is spending more than ever on gold while finding less of it. Investment demand has now overtaken fabrication for the first time this cycle, tightening the window for undervalued juniors with district-scale ground in proven belts[2]. Five explorers sitting inside prolific gold corridors, right next to where the majors are already drilling, are positioned to benefit from this structural shift: Golden Goose Resources (CSE: GGR) (OTCQB: GGRFF), Galway Metals (TSXV: GWM) (OTCQB: GAYMF), GoldMining (NYSE-A: GLDG) (TSX: GOLD), Nova Minerals (NASDAQ: NVA), and West Point Gold (TSXV: WPG) (OTCQB: WPGCF). Central banks bought 244 tonnes of gold in Q1 2026 alone, beating both the prior quarter and the five-year average, a clear signal that sovereign capital sees gold as a pivotal long-term reserve asset[3]. On the supply side, mine production growth remains constrained by years of underinvestment in early-stage exploration and the slow reality of permitting and financing new projects. That pipeline replacement deficit is exactly why the discovery premium is shifting toward juniors already operating in districts where major operators have committed capital[4].Golden Goose Resources (CSE: GGR) (OTCQB: GGRFF) has completed the first phase of field work at its Gran Esperanza gold-silver project in Río Negro Province, Argentina. The program covered roughly 3,950 square kilometres of geological mapping, detailed structural work inside key mineralized corridors, and systematic channel sampling across exposed quartz veins.In total, crews mapped approximately 23.6 kilometres of mineralized vein structures, collected 341 channel samples from 265 channels in the western sector, and gathered 12 rock chip samples from newly discovered veins in the eastern sector. Channels were cut perpendicular to vein trends at roughly 50-metre intervals, a standard method for measuring both grade distribution and strike continuity across the epithermal vein system. All assay results are pending.That coverage matters. Epithermal vein systems are the geological structures behind many of the world's highest-grade gold mines, and mapping 23.6 kilometres of mineralized strike length in a single program gives Golden Goose Resources a strong technical foundation heading into the next stage: diamond drilling.Historical data already supports that direction. Earlier programs at Gran Esperanza covered 30 trenches across 2,937 metres of exposed veins, producing channel samples that returned 2.0 metres at 24.0 g/t gold, 5.0 metres at 13.1 g/t gold, and 1.3 metres at 11.5 g/t gold. Rock chips have graded as high as 24.4 g/t gold. Diamond drilling is the step that moves a property from interesting to investable, generating the subsurface data needed for a formal resource estimate.Location reinforces the story. Gran Esperanza sits adjacent to a project currently being drilled by Southern Copper and near the Calcatreu Project, which is already in active development. When a major operator is spending capital in the same district, it validates the geology well beyond any single junior's dataset."The extent of mapped mineralized veins and the discovery of new systems reinforce our confidence in the project's potential," said Dustin Nanos, CEO of Golden Goose Resources. "We are excited to receive the assay results and continue advancing toward defining high-priority drill targets."Golden Goose Resources is a mineral exploration company with the right to acquire 100% of the 44,400-hectare Gran Esperanza property, along with the Goldfire Property in Quebec near Gold Fields' Windfall Project and a controlling interest in the El Quemado Project in Salta Province, Argentina.CONTINUED… Read this and more news for Golden Goose Resources at:https://equity-insider.com/2026/01/28/two-gold-projects-two-major-neighbors-what-does-this-junior-know-that-the-market-doesnt/In other industry developments:Galway Metals (TSXV: GWM) (OTCQB: GAYMF) has launched a district-scale airborne geophysical survey at its 100%-owned Clarence Stream high-grade gold project in New Brunswick, deploying both Resolve EM and HeliTEM surveys across a 65-kilometre prospective structural corridor. The program is designed to map mineralization signatures at known deposits and extend that targeting framework along strike and at depth to generate new drill targets across the broader district."This program is an important step as we continue to advance Clarence Stream on multiple fronts," said Rob Hinchcliffe, President and CEO of Galway Metals. "With four drills currently turning, a resource update expected in the near term, and a PEA planned for later this year, we are building strong momentum across the project. This work will help us better understand the system and support our efforts to identify additional opportunities as we continue to grow Clarence Stream."The integrated geophysical approach builds on prior survey work at the Southwest Deposit, where similar methods successfully mapped the footprint of mineralization. With a near-term resource update and a preliminary economic assessment planned for later in 2026, Galway Metals is advancing Clarence Stream on several parallel tracks while expanding its pipeline of high-quality exploration targets.GoldMining (NYSE-A: GLDG) (TSX: GOLD) has commenced its 2026 exploration drill program at the São Jorge Project in the Tapajós gold district of Pará State, Brazil.The fully funded two-rig, 8,000-metre program is actively turning on site, targeting new zones of bedrock mineralization at high-priority geochemical and geophysical targets. A key focus is the William South target, within two kilometres of the existing São Jorge mineral resource, where initial drilling returned 12 metres at 2.38 g/t gold, with a high-grade interval of one metre at 22 g/t, plus 4 metres at 1.11 g/t. An ongoing induced polarity survey is expanding geophysical coverage over 49 line-kilometres east of the deposit, while surface geochemistry has outlined a 12 by 7 kilometre anomaly footprint highlighting the broader mineral system."This drill program marks a pivotal step in our 2026 exploration strategy at São Jorge," said Alastair Still, President and CEO of GoldMining. "We are exploring in the prolific Tapajós gold district with an estimated 30 million ounces of historical surficial gold production, and our recent targeting work has outlined some of the most robust and continuous gold anomalies we've seen on our 46,485-hectare property."Nova Minerals (NASDAQ: NVA) reported high-grade gold results from its 2025 surface sampling program at the RPM regional and ridgeline area of the Estelle Gold and Critical Minerals Project in Alaska's Tintina Gold Belt, with rock samples grading up to 24.6 g/t Au and soil samples peaking at 5.5 g/t Au. These results build on earlier reconnaissance that returned a high of 52.3 g/t Au and position the northern RPM ridgeline extension as a high-priority 2026 drill target."Integrated geological, geochemical, and geophysical data, including initial interpretations from drone magnetometry 3D inversion processing all support a compelling drill target at the northern extension of the RPM ridge," said Hans Hoffman, General Manager and Geologist of Nova Minerals. "Drill testing of these anomalies is a high priority for our 2026 program, and given its strategic location along access routes to RPM, any success here has the potential to deliver substantial upside to the Estelle Project."Nova Minerals is advancing the Estelle Project, which hosts two defined multi-million-ounce gold resources across more than 20 prospects along a 35-kilometre mineralized trend. The company is also developing a domestic antimony supply chain fully funded by a US$43.4 million U.S. Department of War award, with production targeted for late 2026/2027.West Point Gold (TSXV: WPG) (OTCQB: WPGCF) reported drill results from the Tyro Main Zone at its Gold Chain Project in Arizona, highlighted by 22.9 metres at 3.11 g/t gold and a 184.4-metre interval averaging 1.00 g/t gold from surface, including 10.7 metres at 8.11 g/t gold. Results from seven reverse circulation holes totaling 1,419 metres confirmed the en-echelon structure within the southern portion of the Tyro zone and extended mineralization north and to depth."Drill results from the Tyro Main zone continue to demonstrate this zone's potential over its plus one-kilometre strike length," said Derek Macpherson, President and CEO of West Point Gold. "Confirmation of these en-echelon zones within the southern portion of the Tyro Main zone is expected to help with grade optimization in the ongoing effort to define a maiden resource at Tyro later this year."Three rigs are active across the Tyro Main and NE Tyro targets as part of an expanded 20,000-metre drill program, of which 16,504 metres have been completed. Results remain pending from 24 holes across four targets, with step-out drilling focused on advancing the high-grade zone at NE Tyro to the northeast.FURTHER READING: https://equity-insider.com/2026/01/28/two-gold-projects-two-major-neighbors-what-does-this-junior-know-that-the-market-doesnt/CONTACT:
EQUITY INSIDER
info @athomedadDISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). This article is is being distributed for Maynard Communications ("MAY"), who has been paid a fee for an advertising campaign. MIQ has not been paid a fee for Golden Goose Resources Corp. advertising or digital media, but expects to be paid a fee from ("MAY"). There may be 3rd parties who may have shares of Golden Goose Resources Corp, and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Golden Goose Resources Corp. which were purchased in the open market, and reserve the right to buy and sell, and will buy and sell shares of Golden Goose Resources Corp. at any time without any further notice commencing immediately and ongoing. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material, including this article, which is disseminated by MIQ has been approved by Golden Goose Resources Corp.; this is a paid advertisement, we currently own shares of Golden Goose Resources Corp. and will buy and sell shares of the company in the open market, or through private placements, and/or other investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.SOURCES:https://investingnews.com/miners-explorers-retreat-to-gold/ https://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-q1-2026 https://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-q1-2026/central-banks https://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-q1-2026/outlookLogo - https://mma.prnewswire.com/media/2840019/Equity_Insider_Logo.jpg View original content to download multimedia:https://www.prnewswire.com/news-releases/five-junior-gold-explorers-advancing-projects-adjacent-to-major-mining-operations-302767017.html Original: Five Junior Gold Explorers Advancing Projects Adjacent to Major Mining Operations
US Market News
4週前
A Fully Funded Junior in the Middle of a Q2 Catalyst Window: NevGold Heads Into Maiden Antimony-Gold MRE With C$42.2M in the TreasuryMay 6, 2026 9:15 AM
PR Newswire (US) Baystreet.ca News Commentary Issued on behalf of NevGold Corp.NevGold Corp. (TSX-V: NAU | OTCQX: NAUFF | FRA: 5E50) closes one of the most catalyst-dense six-week stretches in its corporate history — upsized brokered financing, 1.11% antimony drill hits, up to 99% gold recovery metallurgy, and a maiden antimony-gold Mineral Resource Estimate now targeted for Q2 2026NEW YORK, May 6, 2026 /PRNewswire/ -- North American gold producers are running into one of the most favourable commodity-and-policy overlays of the past two decades. Gold is trading at or near record highs. Antimony, a U.S.-designated Critical Mineral with 100% U.S. import reliance, is the subject of unprecedented federal procurement attention after China's December 2024 export restrictions on the United States — restrictions that were partially suspended in November 2025, but which left licensing controls and end-use scrutiny in place and continue to expose U.S. buyers to renewed disruption. And the short list of publicly traded juniors with advanced-stage, permitted, near-surface U.S. projects targeting either metal — let alone both — is, in practice, quite short.Against that backdrop, one TSX Venture-listed junior has stacked a dense sequence of operational and financing milestones over the last three weeks that deserve a closer look. The NevGold Six-Week News StackNevGold Corp. (TSX-V: NAU) (OTCQX: NAUFF) (Frankfurt: 5E50) is a Vancouver-based exploration and development company with four 100%-owned projects across Nevada and Idaho. The two flagship programs are Limousine Butte (gold-antimony, Nevada) and Nutmeg Mountain (gold, Idaho). On April 20, 2026, NevGold announced that its previously announced C$25 million brokered private placement had been upsized to C$42,225,497 on strong institutional demand. [1] The upsized offering comprises 22,223,946 shares at C$1.90, led by Clarus Securities Inc. as sole agent and bookrunner, and is expected to close on or about May 12, 2026. Net proceeds will be used for advancing Limousine Butte, Nutmeg Mountain, working capital, and general corporate purposes. [1]The financing news caps a compressed run of operational disclosures. On April 9, 2026, NevGold reported oxide antimony-gold drill intercepts at Limousine Butte including 1.93 g/t gold equivalent over 100.6 meters from surface (1.07 g/t Au + 0.22% Sb) at Resurrection Ridge, with a 1.11% antimony intercept over 6.1 meters inside that broader interval. [2] All 30 holes from the 2025 drill program totaling approximately 5,000 meters have now been released, and an additional 20,000 meters is planned in 2026 focused on the Bullet Zone and the Armory Fault discovery. [2] CEO Brandon Bonifacio described Limo Butte as "one of the highest grade antimony projects in North America that is near-surface and oxide." [2]On April 2, 2026, NevGold disclosed phase II metallurgical testwork results on oxide antimony-gold material from the Limo Butte historical gold leach pads. Cyanide shake tests on the residual leach pad material after antimony extraction returned average gold recoveries above 93% and individual samples reaching 99%. [3] Acid leach antimony extraction ranged from 54% to 92% across the tested samples, and additional antimony mineralization was identified at surface in a historical pre-strip waste dump. [3] The testwork confirms a sequential process: antimony leach first, gold recovery second, both metals produced from the same feed.On April 14, 2026, the Company disclosed positive and consistent antimony-gold sonic drill results from the historic gold leach pads themselves: 0.34% antimony with 0.41 g/t gold over 12.5 meters, 0.33% Sb and 0.55 g/t Au over 11.0 meters, and 0.31% Sb and 0.50 g/t Au over 14.6 meters — all consistent with or higher than the Phase I test pit sampling averages of 0.27% Sb and 0.34 g/t Au. [4] The historical leach pads were constructed during mining operations in 1989 and 1990, when gold traded below US$400 per ounce and antimony was not a meaningful revenue stream. [5]The near-term catalyst is the maiden antimony-gold NI 43-101 Mineral Resource Estimate at Limousine Butte, targeted for Q2 2026. [2] [4] The Company's stated objective: near-term antimony production by 2027 from reprocessing the historical leach pads, with no new mining activity required for that initial production pathway. [4] In parallel, the Nutmeg Mountain Gold Project in Idaho carries a September 2025 NI 43-101 MRE of 1,186,000 oz Indicated at 0.50 g/t Au + 548,000 oz Inferred at 0.34 g/t Au at a 0.20 g/t cutoff, with mineralization starting at surface and a conceptual pit-shell strip ratio of less than 1:1. [6]The U.S. Bureau of Land Management approved a comprehensive Plan of Operations for the full Limousine Butte property in November 2024, covering 68 km² and up to 200 acres of permitted disturbance over a 10-year term. [2] NevGold was named to the 2026 TSX Venture 50 list, ranking #38 in the junior mining category, after the Company's shares gained approximately 330% in 2025. [7]Gold, Antimony, and the 2026 Policy OverlayGold's 2026 performance has been driven by the combination of persistent inflation concerns, ongoing geopolitical risk, and continued central bank buying across emerging markets. Antimony's 2026 performance has been driven by something different: a U.S. federal push to re-shore the critical minerals supply chain following China's December 2024 export restrictions targeting the United States. Although Beijing suspended the outright export ban in November 2025 — pausing it through November 27, 2026 — licensing controls remain in effect, end-use scrutiny on dual-use shipments has not been lifted, and U.S. buyers continue to be exposed to renewed disruption at Beijing's discretion. The U.S. Geological Survey designates antimony as a Critical Mineral, the U.S. Department of War (formerly the Department of Defense) has committed well over US$100 million in Defense Production Act Title III awards to domestic antimony projects across multiple recipients, and the U.S. Export-Import Bank has advanced a USD 2.7 billion proposed loan to a single antimony-focused issuer. [8]For publicly traded producers and near-producers, the result is a two-metal tailwind operating on different underlying drivers. For juniors positioned across both metals — as NevGold is at Limo Butte — the overlap of those tailwinds is structurally distinctive.Four U.S.-Listed Peers Operating in Adjacent Corners of the Same StoryMcEwen Inc. (NYSE: MUX)McEwen operates the Gold Bar Mine Complex in the Eureka Mining District of Nevada, one of the most productive gold regions in North America. On April 15, 2026, McEwen's wholly-owned subsidiary entered into a 50/50 joint venture agreement with Iconic Minerals Ltd. to advance the 2,140-hectare New Pass gold property in Churchill County, Nevada — another Carlin-type gold trend asset. [9] On January 27, 2026, McEwen disclosed its best drill hole at Gold Bar to date, intersecting 5.55 g/t gold over 44.2 meters at the Windfall deposit, including 48.38 g/t gold over 4.6 meters of oxide mineralization. [10] McEwen has budgeted approximately USD 10 million for Gold Bar exploration in 2026, with the objective of advancing Windfall, Lookout Mountain, and Unity Ridge toward production decisions and supporting the Company's stated goal of doubling production by 2030. [10]Integra Resources Corp. (NYSE American: ITRG)Integra is a particularly close geographic peer to NevGold: the Company operates the Florida Canyon Mine in Nevada and is advancing two flagship development-stage heap leach projects — the DeLamar Gold-Silver Project in southwestern Idaho and the Nevada North Project (Wildcat Deposit) in western Nevada. On April 9, 2026, Integra announced the launch of the largest drill program in the Company's history: a 50,000-meter program spanning all three assets, with 42,500 meters at Florida Canyon focused on near-mine oxide gold targets and the past-producing Standard Mine area, 5,500 meters at the Nevada North Project supporting a future pre-feasibility study, and 2,500 meters of advanced engineering drilling at DeLamar to support future mine development. [11] The Company describes DeLamar as "one of the largest and most advanced undeveloped heap leach gold-silver projects in the Great Basin." [11] Integra is a useful reference point for NevGold's own Nevada-Idaho footprint: a U.S.-listed peer in the same two states, executing a multi-asset development pathway funded by an operating mine.GoldMining Inc. (NYSE American: GLDG)GoldMining is a resource-stage gold and critical-minerals company with a portfolio of projects across the Americas. On February 17, 2026, the Company reported an updated Mineral Resource Estimate at its Crucero Gold Project in Peru that now includes antimony alongside gold, making GLDG one of a growing number of resource-stage companies formally incorporating antimony into their NI 43-101 disclosure as the U.S. critical minerals file moves from headline to MRE line item. [12] GLDG's strategy of expanding historical gold-focused resources to include co-produced critical minerals is directly parallel to what NevGold is doing at Limo Butte, where the historical 2009 gold resource is being advanced into a formal antimony-gold MRE for the first time. (Disclosure: GoldMining Inc. is the largest shareholder of NevGold Corp., holding approximately 19 million shares, or roughly 16.7% of issued and outstanding shares, on the basis of public filings.)i-80 Gold Corp. (NYSE American: IAUX)i-80 Gold is a Nevada-focused gold developer advancing a multi-project portfolio across more than 250 square kilometers of prospective ground on the Carlin and Battle Mountain-Eureka trends. On February 12, 2026, Franco-Nevada Corporation announced a USD 250 million net smelter return royalty financing with i-80 Gold, structured as a 1.5% royalty (increasing to 3.0% in 2031) over all six of i-80's material properties — Granite Creek Underground (operating), Archimedes Underground (development), Mineral Point Heap Leach (study), Granite Creek Open Pit (study), Cove Underground (study), and Lone Tree open pit (study). [13] The Franco-Nevada financing is tied to i-80 Gold's recapitalization plan, which targets production scaling from 150–200 koz Au annually in Phase 1 to 600+ koz Au in Phase 3 by 2032+. [13] The i-80 deal is instructive for the junior Nevada gold space: institutional royalty capital is actively financing U.S. gold development stories at scale in 2026.The NevGold Setup Into Q2 2026NevGold enters the back half of Q2 2026 with several features that are not common in its part of the market:Fully funded through the next inflection. The upsized C$42.2 million financing removes the near-term treasury overhang through the maiden MRE, continued drilling, and metallurgical testwork completion at Limo Butte, plus continued advancement at Nutmeg Mountain. [1]A maiden MRE catalyst in the immediate quarter. The Q2 2026 maiden antimony-gold NI 43-101 Mineral Resource Estimate at Limousine Butte is the next direct catalyst, following the roadmap used by peers like Military Metals (whose April 8, 2026 maiden MRE at Trojarová put 67,000 tonnes of antimony and 222,000 ounces of gold into the discussion). [2] [4]Near-term antimony production optionality, not just exploration. The historical leach pads at Limo Butte are already crushed, already stacked, and already within the permitted footprint. Phase II metallurgical testwork indicates that reprocessing the existing material can produce antimony first and gold second, with gold recoveries up to 99%. [3]1.186 Moz Indicated gold resource at Nutmeg Mountain with the higher-grade feeder zones untested. Average historical drillhole depth at Nutmeg is approximately 75 meters, leaving the typical epithermal feeder structures that sit below near-surface oxide blankets effectively unexplored. [6]Jurisdiction advantage. Nevada and Idaho are consistently ranked among the most favourable mining jurisdictions globally. Permitting timelines are shorter, infrastructure is better, and federal and state regulators have significant experience with advanced-stage projects in these basins.For a junior trading near C$1.90 on a freshly upsized financing, sitting on a 1.186 Moz Indicated gold resource at one flagship and advancing a maiden antimony-gold MRE at a second, with a stated target of near-term antimony production by 2027 and gold-side optionality through a Preliminary Economic Assessment on Nutmeg Mountain — the catalyst density is the story.For more information on NevGold Corp. (TSX-V: NAU), visit www.nev-gold.com.Article Source: https://www.baystreet.caCONTACT:
Baystreet Media Corp.
info @acblanke1DISCLAIMER:Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a digital media distribution and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Baystreet.ca is a wholly-owned subsidiary of Baystreet Media Corp. ("BAY"). BAY has been not been paid a fee for NevGold Corp. advertising or digital media, but the owner(s) of BAY also own Market IQ Media Group Inc. ("MIQ"), which has been paid a fee for NevGold Corp. advertising and digital media from Creative Direct Marketing Group ("CDMG"). There may be 3rd parties who may have shares of NevGold Corp., and may liquidate their shares which could have a negative effect on the price of the stock. The owner/operator of MIQ does not currently own shares of NevGold Corp. but reserves the right to buy and sell, and will buy and sell shares of NevGold Corp. at any time without any further notice commencing immediately and ongoing. This potential for trading constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this, individuals are strongly encouraged to not use this publication as the basis for any investment decision. Please let this disclaimer serve as notice that all material, including this article, which is disseminated by BAY or MIQ has been reviewed and approved on behalf of NevGold Corp. by CDMG.While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.Logo: https://mma.prnewswire.com/media/2973736/Baystreet_Logo.jpgSources:NevGold Corp., "NevGold Announces Upsized C$42MM Brokered Private Placement Financing," GlobeNewswire, April 20, 2026. https://www.globenewswire.com/news-release/2026/04/20/3277330/0/en/NEVGOLD-ANNOUNCES-UPSIZED-42MM-BROKERED-PRIVATE-PLACEMENT-FINANCING.html.NevGold Corp., "NevGold Intercepts 1.11% Antimony Over 6.1 Meters, Within 1.93 g/t AuEq Over 100.6 Meters (1.07 g/t Au And 0.22% Antimony) From Surface," GlobeNewswire, April 9, 2026. https://www.globenewswire.com/news-release/2026/04/09/3270842/0/en/NevGold-Intercepts-1-11-Antimony-Over-6-1-Meters-Within-1-93-g-t-AuEq-Over-100-6-Meters-1-07-g-t-Au-And-0-22-Antimony-From-Surface-Focus-On-Maiden-Antimony-Gold-Mineral-Resource-Es.html.NevGold Corp., "NevGold Announces Up to 99% Gold Recovery From Phase II Metallurgical Testwork on Oxide Antimony-Gold," GlobeNewswire, April 2, 2026.NevGold Corp., "NevGold Announces Positive, Consistent Drill Results on Historic Gold Leach Pads Including 0.34% Antimony And 0.41 g/t Au Over 12.5 Meters," GlobeNewswire, April 14, 2026. https://www.globenewswire.com/news-release/2026/04/14/3273242/0/en/NevGold-Announces-Positive-Consistent-Drill-Results-on-Historic-Gold-Leach-Pads-Including-0-34-Antimony-And-0-41-g-t-Au-Over-12-5-Meters-Path-to-Near-Term-Antimony-Production-Conti.html.NevGold Corp., "NevGold Identifies Large Quantities of Previously Mined Material With Significant Antimony And Near-Term Production Potential In Historical Leach Pads at Limo Butte, Nevada," GlobeNewswire, January 6, 2026.NevGold Corp., September 2025 NI 43-101 Mineral Resource Estimate for the Nutmeg Mountain Project, prepared by Greg Mosher, P.Geo., Global Mineral Resource Services, effective date August 29, 2025.Mugglehead Investment Magazine coverage of NevGold 2026 TSX Venture 50 designation and 2025 share-price performance; NevGold Corp., "NevGold Named as a 2026 Top 50 TSX Venture Exchange Company," Newsfile, February 26, 2026.U.S. Geological Survey Critical Minerals List; U.S. Department of War Title III awards; Perpetua Resources Corp. U.S. Export-Import Bank $2.7 billion proposed loan disclosure (March 31, 2026); China Ministry of Commerce announcements (December 3, 2024 export restrictions on the United States; November 9, 2025 suspension of export prohibition through November 27, 2026, with licensing controls remaining in effect).Iconic Minerals Ltd. and McEwen Inc., "Iconic Minerals Executes Joint Venture Agreement with McEwen Mining on New Pass Gold Property, Nevada," Newsfile, April 15, 2026.McEwen Inc., "McEwen Drilling Returns Significant Intersection at Gold Bar Mine Complex in Nevada: 5.55 gpt Gold over 44.2 Meters," GlobeNewswire, January 27, 2026.Integra Resources Corp., "Integra Launches Largest Drill Program in Its History: 50,000-Meter Expanded Program Targeting Resource Growth, Mine Life Extension and Advanced Engineering at Florida Canyon, DeLamar and Nevada North," PR Newswire, April 9, 2026.GoldMining Inc., "GoldMining Updates Mineral Resource Estimate with Inclusion of Antimony at its Crucero Gold Project, Peru," PR Newswire, February 17, 2026.Franco-Nevada Corporation and i-80 Gold Corp., "Franco-Nevada Announces $250 Million Royalty Financing with i-80 Gold," PR Newswire, February 12, 2026. View original content to download multimedia:https://www.prnewswire.com/news-releases/a-fully-funded-junior-in-the-middle-of-a-q2-catalyst-window-nevgold-heads-into-maiden-antimony-gold-mre-with-c42-2m-in-the-treasury-302764002.htmlSOURCE Baystreet Original: A Fully Funded Junior in the Middle of a Q2 Catalyst Window: NevGold Heads Into Maiden Antimony-Gold MRE With C$42.2M in the Treasury
CA Market News
1月前
GoldMining Announces Updated PEA Highlighting $1.0 Billion After-Tax NPV and 32% IRR at La Mina Project, ColombiaApril 28, 2026 6:30 AM
PR Newswire (US)
DESIGNATED NEWS RELEASEVANCOUVER, BC, April 28, 2026 /PRNewswire/ - GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) (the "Company" or "GoldMining") is pleased to announce the results of an updated preliminary economic assessment ("PEA") on the La Mina Project (the "Project"), located in Antioquia, Colombia. All currency amounts herein are in US dollars unless otherwise indicated.PEA Highlights1Enhanced Project Value: The updated PEA incorporates current bench-marked costs and updated base case pricing of $3,500 /oz gold (Au), $4.70/lb copper (Cu) and $40/oz silver (Ag), resulting in a 265% increase in after-tax net present value at 5% discount rate ("NPV5%") from the prior PEA disclosed by the Company for the Project.Strong Base Case Economics: After-tax NPV5% of $1.0 billion and an after-tax internal rate of return ("IRR") of 32.2% and initial payback of approximately 2.7 years.Leverage to Spot Prices: At current spot prices (approximately, $4,775/oz Au, $5.75/lb Cu, and $77/oz Ag), the after-tax NPV5% increases to approximately $1.8 billion with an IRR of 49.1% and initial payback of 1.9 years.High Capital Efficiency: Initial capital expenditures are estimated at $523 million, representing an attractive 0.5x initial capital to base case NPV5% ratio that highlights the Project's potential for a compelling return on investment.Strong Production Profile: Average annual production of 152.4 koz Au equivalent ("AuEq") over the first five years of operation, and total life of mine ("LOM") production of 1.5 Moz AuEq (comprising 1.2 Moz Au, 2.6 Moz Ag, and 195 Mlbs Cu) over an 11.2 year projected mine life.Resilient Cost Profile: Estimated total cash cost of $872/oz Au and All-In Sustaining Cost ("AISC") of $1,045/oz Au (calculated on a by-product basis).Conventional Operation: The PEA contemplates a conventional open-pit truck-and-shovel operation and a processing rate of 15,000 tonnes per day ("tpd"). A proven processing flowsheet utilizing standard froth flotation and leach circuits achieves high metallurgical recoveries of 91% Au, 80% Cu, and 64% Ag.Significant Portfolio Potential: On a gold equivalent basis, the estimated mineral resources contained in the La Mina PEA account for approximately 9% of the Company's global Measured and Indicated Resources and 16% of the Inferred Resources (refer to the Company's Annual Information Form dated February 27, 2026).Alastair Still, CEO of GoldMining commented, "The updated Project PEA highlights the underlying quality of the La Mina porphyry gold-copper mineral system and represents just a small portion of and emphasizes the depth of the GoldMining portfolio of projects that we continue to advance. By capturing current market consensus metals pricing, the PEA conceptualizes a robust $1.0 billion base case project that is characterized with an efficient capital intensity. We're not simply adjusting for the higher commodity prices; we have confirmed that La Mina is potentially a resilient development opportunity. With these solid base case economics, which improve substantially at spot prices, the Company is excited by the opportunity to further advance and de-risk the Project on the path towards potential future development."1 The gold equivalent equations are: AuEq(oz) = Au (g/t) + [Cu(%) x {Cu Price/Au Price} x 22.0462 x 31.1035] + [Ag (g/t) x {Ag Price/Au Price}]. AISC includes mining costs, processing costs, royalties, G&A costs, transportation costs, sustaining capital and closure costs less by-product credits.Table 1: Summary of La Mina PEA Production MetricsLa Mina PEA Key Metrics
ProductionResultUnitsMine life11.2YearsLOM Strip ratio (waste:processed material)5.49RatioTotal mined material398.4MtTotal processed material61.3MtNominal process plant rate15,000tpdGold Production
Average gold feed grade0.72g/tAverage gold metallurgical recovery91%Total gold produced1,243.3kozAverage annual gold production (Years 1-5)125.8kozLOM107.7kozCopper Production
Average copper feed grade 0.19%Average copper metallurgical recovery80%Total copper production195.0MlbsAverage annual copper production (Years 1-5)22.4MlbsLOM17.0MlbsSilver Production
Average silver feed grade 2.36g/tAverage silver metallurgical recovery64%Total silver production2,572.7kozAverage annual silver production (Years 1-5)273.1kozLOM248.6kozGold Equivalent Production1
Average gold equivalent feed grade0.92g/tTotal gold equivalent produced1,534.6kozAverage annual gold equivalent production (Years 1-5)152.4kozLOM137.0kozNumbers may not add due to rounding.(1) The gold equivalent equations are: AuEq(oz) = Au (g/t) + [Cu(%) x {Cu Price/Au Price} x 22.0462 x 31.1035] + [Ag (g/t) x {Ag Price/Au Price}]The PEA is preliminary in nature, and there is no certainty that the reported results will be realized. The PEA includes Inferred Mineral Resources, which are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves. There is no certainty that this PEA, including the conceptual economics set out therein, will be realized.Table 2: Summary of La Mina PEA Financial MetricsLa Mina PEA Key Financial Metrics
Metal PricesBase CaseSpot PriceGold ($/oz)3,5004,775Copper ($/lb)4.705.75Silver ($/oz)4077Operating Costs (OPEX)ResultUnitsMining unit cost1.9412.62$/t mined$/t milledProcess unit cost14.90$/t milledGeneral and Administrative (G&A) unit cost0.66$/t milledOff-site operating cost1.32$/t milledTotal OPEX29.50$/t milledTotal Cash cost (by-product basis) 1872$/oz AuAISC (by-product basis) 21,045$/oz AuCapital Expenditures (CAPEX)ResultUnitsInitial capital expenditure (includes pre-strip)523.3$MSustaining capital expenditure166.0$MClosure costs49.8$MTotal Capital739.1$MBase Case EconomicsResultUnitsNet present value (NPV5%) – pre-tax1,613.9$MInternal rate of return (IRR) – pre-tax45.2 %%Net present value (NPV5%) – after-tax1,001.5$MInternal rate of return (IRR) – after-tax32.2%Payback – after-tax2.7YearsSpot Price EconomicsResultUnitsNet present value (NPV5%) – pre-tax2,848.7$MInternal rate of return (IRR) – pre-tax68.7 %%NPV5% – after-tax1,804.1$MIRR – after-tax49.1%Payback – after-tax1.9YearsNumbers may not add due to rounding.(1) Total Cash Costs consist of mining costs, processing costs, royalties, general administrative, and transportation costs, less by-product credits.(2) AISC includes Total Cash Costs plus sustaining capital and closure costs, less by-product credits.Base Case assumes $3,500/oz Au, $4.70/lb Cu, and $40/oz Ag. Spot Price assumes $4,775/oz Au, $5.75/lb Cu, and $77/oz Ag.La Mina PEA SummaryThe PEA reviewed and refined mine engineering design work completed during the previous (2023) preliminary economic assessment disclosed by the Company, including updating all operating and capital cost estimates following a comprehensive review of technical inputs, and updating metal price assumptions. No other substantive changes were made during the study.The Project, covering 3,208 hectares, is located in the Department of Antioquia, Republic of Colombia, approximately 51 km southwest of Medellin. The Mineral Resource Estimate ("MRE") for La Mina includes the La Cantera, La Garrucha, and Middle Zone porphyry deposits, which are located within 1,000 meters of each other. No additional drilling has been completed at La Mina in support of this updated PEA, therefore the current MRE with effective date December 20th, 2022, remains current in support of the PEA. The PEA considers a conventional drill, blast, load, and haul open pit operation mining an average of 97,000 tpd over the 11.2 year life of mine. It contemplates that resources will be processed at a nominal rate of 15,000 tpd by conventional grinding and flotation to generate a copper concentrate, with tailings of the copper process reporting to a leach circuit to generate gold-silver doré on site. The combined LOM average metallurgical recovery of 91%, 80% and 64% are realized for gold, copper and silver, respectively.The PEA includes on-site development including mining, haul roads, access roads, process facilities, tailings and waste storage facilities, and related ancillary facilities. Construction is anticipated to take approximately two years with an initial capital expenditure of $523.3 million with operations continuing for 11.2 years. Sustaining capital expenditures over the LOM are expected to be approximately $166 million, consisting of a mix of mining capital equipment and staged expansion of the tailings and waste facilities. LOM operating costs are expected to average $29.50/t of material processed.Under the PEA, highest metal production occurs in the initial five years of production averaging 152.4 koz AuEq comprising 126 koz Au, 22.4 Mlbs Cu, and 273 koz Ag annual production. Year 1 production of 176.5 koz AuEq comprises 138 koz Au, 27.0 Mlbs Cu, and 174.8 koz Ag. LOM average production is 137.0 koz AuEq, comprising 107.7 koz Au, 17.0 Mlbs Cu, and 248.6 koz Ag.The LOM average mining rate in the PEA is 5.5 Mt resources per annum and 30.1 Mt waste, which equates to an average LOM strip ratio of 5.5:1.Table 3: Capital Breakdown
Initial ($M)Sustaining ($M)Total ($M)Contractor Pre-Strip11.446.457.9Mining Equipment80.581.2161.8Process Plant224.75.0229.7Site65.0-65.0Tailing Storage Facility Initial6.05.611.6Owner's Cost58.1-58.1Contingency77.527.7105.2Sub-total Capital523.3166.0689.3Mine Closure
49.849.8Total Capital523.3215.7739.1Numbers may not add due to roundingMineral Resource EstimateThe PEA is based on the Mineral Resource estimate set forth in the Company's previous technical report titled "NI 43-101 Technical Report and Preliminary Economic Assessment For The La Mina Project, Antioquia, Republic of Colombia" dated effective July 24, 2023. There has been no material change in such Mineral Resource estimate for the Project. For the purpose of this PEA, such was reviewed by the Qualified Person under the PEA and deemed to remain valid and effective.TABLE 4: Pit Constrained Mineral Resource Estimate (Effective Date: December 20, 2022)
GradesContained MetalDepositTonnesAuAgCuAuEqAuAgCuAuEq
(kt)(g/t)(g/t)( %)(g/t)(koz)(koz)(Mlbs)(koz)Indicated Mineral ResourceLa Cantera17,6140.862.030.311.324871,150120753La Garrucha7,3580.653.140.110.8415474318201Middle Zone8,8000.541.280.110.7115336221201Total Indicated33,7720.732.080.211.067942,2551591,150Inferred Mineral ResourceLa Cantera11,1750.711.850.301.1525566573413La Garrucha44,1070.552.460.100.727803,488971,020Middle Zone9490.471.150.090.611435219Total Inferred56,2310.582.320.140.801,0494,1881711,454Notes:1.The qualified person for the above estimate is Scott Wilson, C.P.G, SME.2.Mineral Resources are classified as Indicated Resources and Inferred Resources and are based on the 2014 CIM Definition Standards. The estimation of Indicated Mineral Resources involves greater uncertainty as to their existence and economic feasibility than the estimation of Mineral Reserves, and therefore investors are cautioned not to assume that all or any part of Indicated Mineral Resources will ever be converted into Mineral Reserves. The estimation of Inferred Mineral Resources involves greater uncertainty as to their existence and economic viability than the estimation of other categories of Mineral Resources.3.Numbers may not add up due to rounding.4.Cut-Off Grade: 0.30 g/t Au.5.The Mineral Resource Estimate was based on US$ metal prices of $3.50/lb Cu, $1,700/oz Au and $21/oz Ag.6.Gold-equivalent grades were calculated using the following formula: AuEq = Au (g/t) + [Cu(%) x {Cu Price/Au Price} x 22.0462 x 31.1035] + [Ag (g/t) x {Ag Price/Au Price}].7.The quantity and grade of reported Inferred Mineral Resources in this estimation are uncertain in nature and there has been insufficient exploration to define these Inferred Mineral Resources as Indicated or Measured Mineral Resources.8.There are no known environmental, permitting, legal, title, taxation, socio-economic, marketing, political or other relevant factors that may materially affect the Mineral Resource Estimate. For a description of the data verification, assay procedures and the quality assurance program and quality control measures applied by the Company, please see the Company's Annual Information Form for the year ended November 30, 2025, filed under the Company's profile on SEDAR+ at www.sedarplus.ca. Further information about the PEA referenced in this news release, including information in respect of data verification, key assumptions, parameters, risks and other factors, will be contained in a technical report, which will be filed by the Company in respect of the PEA within 45 days under its profile at SEDAR+ at www.sedarplus.ca.OpportunitiesThis new PEA highlights strong potential for the advancement of the Project and sets out several opportunities for future study which may further enhance project value, including:OpportunityPotential Benefits
Infill DrillingIncrease confidence in the geological models and controls on and
interpolation of grade; may increase resource grade overall and
convert mineral resources to higher categories.
Exploration DrillingExpansion opportunities at the existing deposits to delineate
additional resources.
Exploration drilling outside of the
current resourcesPorphyry cluster model predicts potential for new porphyry discoveries
within the existing La Mina district-scale land package.
Metallurgical test work & Process
designVariability test work to optimize process flowsheet and improve gold,
copper, and silver recoveries.
Geotechnical test work Optimize pit wall slopes and potentially reduce strip ratio and to assess
potential waste rock and tailings storage sites.
Infrastructure design & SchedulingOptimize site layout, material handling and pit backfill to reduce LOM
operating costs.
Environmental & Sustainability
Governance (ESG)Environmental baseline & heritage studies, and community stakeholder
engagement to inform the local community about the potential mining
opportunity and economic benefits.
Qualified PersonsThe PEA was prepared for the Company by Scott E. Wilson, CPG, Zeke Blakeley, SME-RM, and Rick Jordan, SME-RM, each of which is independent of the Company and a Qualified Person, as such term is defined in NI 43-101. The specific sections of the technical report for which each such Qualified Person is responsible will be set out in the technical report relating to the PEA. Each such Qualified Person has reviewed and approved the scientific and technical information regarding the PEA as disclosed in this news release.Imola Götz, M.Sc. P.Eng., F.E.C., Vice President, Project Development of the Company and a Qualified Person, as such term is defined in NI 43-101, has supervised the preparation of this news release and has reviewed and approved the scientific and technical information contained herein.About GoldMining Inc.GoldMining Inc. is a public mineral exploration company focused on acquiring and developing gold assets in the Americas. Through its disciplined acquisition strategy, GoldMining now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the U.S.A., Brazil, Colombia, and Peru.Notice to ReadersDisclosure regarding the Project, including the PEA and Mineral Resource estimates included herein, has been prepared by the Company in accordance with NI 43-101. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for public disclosure by issuer of scientific and technical information concerning mineral projects. NI 43-101 differs significantly from the disclosure requirements of the United States Securities and Exchange Commission ("SEC") generally applicable to U.S. companies subject to the SEC's disclosure requirements. For example, the terms "Indicated Mineral Resource" and "Inferred Mineral Resource" are defined in NI 43-101 by reference to the guidelines set out in the CIM Definition Standards on Mineral Resources and Mineral Reserves. Accordingly, information contained herein or in the Company's descriptions of its projects may not be comparable to similar information made public by U.S. companies reporting pursuant to SEC disclosure requirements.Investors are cautioned not to assume that all or any part of "Measured" or "Indicated" Mineral Resource will ever be converted into "reserves". Investors should also understand that "Inferred Mineral Resources" have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. Under Canadian rules, estimated "Inferred Mineral Resources" may not form the basis of feasibility or pre-feasibility studies except in rare cases. For further information regarding the Company's projects and the resource estimates disclosed herein, please refer to the Company's most recent Annual Information Form and the technical reports filed under the Company's profile at www.sedarplus.ca and www.sec.gov. Forward-Looking Statements Certain of the information contained in this news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws ("forward-looking statements"), which involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Forward-looking statements, which are all statements other than statements of historical fact, include, but are not limited to the results of the PEA, the Company's plans and expectations regarding future opportunities and proposed work at the Project and the Company's other plans and expectations regarding the Project. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which GoldMining operates. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including: the inherent risks involved in the exploration and development of mineral properties, fluctuating metal prices, unanticipated costs and expenses, risks related to government and environmental regulation, social, permitting and licensing matters, and uncertainties relating to the availability and costs of financing needed in the future. These risks, as well as others, including those set forth in GoldMining?s Annual Information Form for the year ended November 30, 2025, and other filings with Canadian securities regulators and the SEC, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that forward-looking statements, or the material factors or assumptions used to develop such forward-looking statements, will prove to be accurate. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/goldmining-announces-updated-pea-highlighting-1-0-billion-after-tax-npv-and-32-irr-at-la-mina-project-colombia-302755073.htmlSOURCE GoldMining Inc.
Original: GoldMining Announces Updated PEA Highlighting $1.0 Billion After-Tax NPV and 32% IRR at La Mina Project, Colombia
US Market News
2月前
GoldMining Commences 2026 Exploration Program at its São Jorge Project, BrazilMarch 30, 2026 6:30 AM
PR Newswire (US)
VANCOUVER, BC, March 30, 2026 /PRNewswire/ - GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) (the "Company" or "GoldMining") is pleased to announce that it has commenced an exploration-focused drill program on the Company's 100%-owned São Jorge Project ("São Jorge" or the "Project") in the Tapajós gold district, Pará State, Brazil.
Highlights:Systematic drilling to follow up on high-priority targets generated through 2025 exploration in close proximity to the existing São Jorge mineral resource (the "Deposit")Two-rig, 8,000-metre drilling program currently underway, fully funded and actively turning on siteTesting new zones of potential bedrock mineralization at high priority geochemical and geophysical targetsTargets include William South, located within 2 km of the Deposit with initial drill results (as reported on January 6, 2026) highlighted by:12 m ("m") at 2.38 grams per tonne ("g/t") gold ("Au") from 13 m depth, including 1 m at 22 g/t Au (SJRC-048-25)4 m at 1.11 g/t Au from 46 m depth (SJRC-049-25)1 m at 1.23 g/t Au from 16 m depth (SJRC-047-25)Large untested Induced Polarity ("IP") chargeability anomalySignificant expansion of existing geophysical coverage with an ongoing IP survey covering 49 line-kilometres to the east of the DepositEmerging and expanding mineral system defined by a 12 km by 7 km footprint of elevated surface geochemical anomalies surrounding the Deposit, highlighting the broader exploration potential of the ProjectAlastair Still, President and Chief Executive Officer of GoldMining, commented: "This drill program marks a pivotal step in our 2026 exploration strategy at São Jorge. We are exploring in the prolific Tapajós gold district with an estimated 30 million ounces of historical surficial gold production, and our recent targeting work has outlined some of the most robust and continuous gold anomalies we've seen on our 46,485-hectare property. We already have excellent infrastructure in place, including grid power, highway access, and a fully operational 50-person camp, so more of our dollars can go directly towards potentially expanding our mineral resource estimate."Qualified PersonTim Smith, Vice President Exploration of GoldMining, has supervised the preparation of, and verified and approved all scientific and technical information herein this news release. Mr. Smith is also a qualified person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").About GoldMining Inc.GoldMining Inc. is a public mineral exploration company focused on acquiring and developing gold assets in the Americas. Through its disciplined acquisition strategy, GoldMining now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the U.S.A., Brazil, Colombia, and Peru.Forward-looking StatementsCertain of the information contained in this news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws ("forward-looking statements"), which involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Forward-looking statements, which are all statements other than statements of historical fact, include, but are not limited to its proposed exploration program and statements respecting the Company's strategy and business plans. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which GoldMining operates. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including: the inherent risks involved in the exploration and development of mineral properties, fluctuating metal prices, unanticipated costs and expenses, risks related to government and environmental regulation, social, permitting and licensing matters, and uncertainties relating to the availability and costs of financing needed in the future. These risks, as well as others, including those set forth in GoldMining?s Annual Information Form for the year ended November 30, 2025, and other filings with Canadian securities regulators and the SEC, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that forward-looking statements, or the material factors or assumptions used to develop such forward-looking statements, will prove to be accurate. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/goldmining-commences-2026-exploration-program-at-its-sao-jorge-project-brazil-302728183.htmlSOURCE GoldMining Inc.
Original: GoldMining Commences 2026 Exploration Program at its São Jorge Project, Brazil
US Market News
3月前
GoldMining Appoints Imola Götz as Vice President, Project DevelopmentMarch 5, 2026 6:30 AM
PR Newswire (Canada)
VANCOUVER, BC, March 5, 2026 /CNW/ - GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD) (NYSE American: GLDG) is pleased to announce the appointment of Imola Götz as Vice President, Project Development.
Ms. Götz is a veteran mining engineer with over 30 years of international experience in both underground and open-pit mining environments including in world renowned northern Ontario gold mining camps of Hemlo and Timmins. Prior to joining the company, Ms. Götz held progressive leadership roles at Goldcorp, Newmont, Eldorado Gold, Sandstorm Gold Royalties, Horizon Copper, and most recently Royal Gold, where she developed life of mine plans, strategic business plans, and comparative economic evaluations of mining projects. In her role, Ms. Götz will be responsible for leading advancement and development of engineering, procurement, construction management and project controls throughout GoldMining's portfolio of resource-stage assets in the Americas. Ms. Götz is a Professional Engineer licenced in BC, and a Fellow of the Association of Engineers Canada. In addition to being an active member of the Canadian Institute of Mining & Metallurgy (CIMM), she is also a "Qualified Person" as defined by Canadian National Instrument 43-101. Ms. Götz earned a Bachelor of Education in Mathematics and General Science from Lakehead University, a Master of Science in Mine Engineering from the Technical University of Petrosani, and a Financial Agility Diploma from Queens University.As a skilled educator, Ms. Götz has established partnerships with Canadian Mine Engineering Schools and has guest lectured at Queens University and Laurentian University. She has authored, co-authored, and presented works at the CIMM Conference, the US Mine Ventilation Symposium and the World Mining Congress on various topics including women's leadership in the mining industry.Alastair Still, President & Chief Executive Officer of GoldMining commented: "We are pleased to welcome Imola to the GoldMining team. Adding a technical leader of Imola's caliber is a pivotal step for the Company as we transition our core assets toward development. With our financial strength, combined with recent additions to our team including Imola's expertise and experience, we look forward to unlocking the value of the Company's assets."Imola Götz commented: "I am joining the Company at an inflection point for its portfolio. I look forward to applying my experience and working closely with the team to define clear, strategic pathways to advance these projects through their next phases of development."About GoldMining Inc.GoldMining Inc. is a public mineral exploration company focused on acquiring and developing gold assets in the Americas. Through its disciplined acquisition strategy, GoldMining now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the U.S.A., Brazil, Colombia, and Peru.Forward-looking StatementsCertain of the information contained in this news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws ("forward-looking statements"), which involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Forward-looking statements, which are all statements other than statements of historical fact, include, but are not limited to, statements respecting the Company's strategy and business plans. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which GoldMining operates. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including: the inherent risks involved in the exploration and development of mineral properties, fluctuating metal prices, unanticipated costs and expenses, risks related to government and environmental regulation, social, permitting and licensing matters, and uncertainties relating to the availability and costs of financing needed in the future. These risks, as well as others, including those set forth in GoldMining?s Annual Information Form for the year ended November 30, 2025, and other filings with Canadian securities regulators and the SEC, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that forward-looking statements, or the material factors or assumptions used to develop such forward-looking statements, will prove to be accurate. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities law.
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Original: GoldMining Appoints Imola Götz as Vice President, Project Development
CA Market News
3月前
GoldMining Congratulates U.S. GoldMining on the Successful Completion of the Initial PEA at its Whistler Gold-Copper Project, AlaskaMarch 2, 2026 6:45 AM
PR Newswire (US)
Designated News Release VANCOUVER, BC, March 2, 2026 /PRNewswire/ - GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) ("GoldMining" or the "Company") congratulates its majority owned subsidiary, U.S. GoldMining Inc. (NASDAQ: USGO) ("U.S. GoldMining") on its announcement today of a positive initial economic assessment (the "PEA") for its 100% owned Whistler Gold-Copper Project (the "Whistler Project"), located 105 miles northwest of Anchorage, Alaska.
Further details are available in U.S. GoldMining's news release of today's date, which includes further information regarding the PEA and is available at www.usgoldmining.us.Alastair Still, CEO of GoldMining, commented: "Our vision and strategy for the Whistler Project began three years ago with the successful IPO of U.S. GoldMining. Today's announcement of an initial PEA helps validate our belief in the potential of this asset GoldMining shareholders indirectly hold more than a 74% interest in U.S. GoldMining. We are excited to see U.S. GoldMining continue to advance exploration activities across the district scale property and continue to progress the project."About GoldMining Inc.GoldMining Inc. is a public mineral exploration company focused on acquiring and developing gold assets in the Americas. Through its disciplined acquisition strategy, GoldMining now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the U.S.A., Brazil, Colombia, and Peru.Technical InformationThe PEA is preliminary in nature and is intended to provide an initial assessment of the Project's economic potential and development options of the Project. Among other things, the PEA, including its mine schedule, cost estimates and economic assessment, includes numerous assumptions and there can be no certainty that this economic assessment may be realized. The disclosure herein, including relating to mineral resource estimates, has been prepared in accordance with the requirements of Canadian securities laws, as set forth in NI 43-101.Qualified Persons Tim Smith, P.Geo., Vice President, Exploration of the Company, has supervised the preparation of this news release and has reviewed the additional scientific and technical information contained herein. Mr. Smith is a qualified person as defined under NI 43-101.Cautionary Statement on Forward-looking StatementsCertain of the information contained in this news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws ("forward-looking statements"), which involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Forward-looking statements, which are all statements other than statements of historical fact, include, but are not limited to, statements respecting the Company's expectations regarding the Whistler Project, the PEA and future work at the Project and often contain words such as "anticipate", "intend", "plan", "will", "would", estimate", "expect", "believe", "potential" and variations of such terms. Such forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which GoldMining operates, which may prove to be incorrect. Investors are cautioned that forward-looking statements involve risks and uncertainties, including, without limitation: the inherent risks involved in the exploration and development of mineral properties, the inherent risks regarding PEAs, fluctuating metal prices, unanticipated costs and expenses, risks related to government and environmental regulation, social, permitting and licensing matters, any inability to complete work programs as expected, U.S. GoldMining's plans with respect to the Project may change as a result of further planning or otherwise, and uncertainties relating to the availability and costs of financing needed in the future. These risks, as well as others, including those set forth in GoldMining?s most recent Annual Information Form and other filings with Canadian securities regulators and the SEC, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that forward-looking statements, or the material factors or assumptions used to develop such forward-looking statements, will prove to be accurate. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities law.
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Original: GoldMining Congratulates U.S. GoldMining on the Successful Completion of the Initial PEA at its Whistler Gold-Copper Project, Alaska
CA Market News
4月前
GoldMining Updates Mineral Resource Estimate with Inclusion of Antimony at its Crucero Gold Project, PeruFebruary 17, 2026 6:30 AM
PR Newswire (US)
VANCOUVER, BC, Feb. 17, 2026 /PRNewswire/ - GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) ("GoldMining" or the "Company") is pleased to report an updated Mineral Resource Estimate (the "MRE") on its 100% owned Crucero Project ("Crucero" or the "Project") in Carabaya Province, Peru. The updated MRE has been prepared under National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").Highlights:Indicated Mineral Resource: 42.7 million tonnes ("Mt") at 1.26 grams per tonne ("g/t") gold equivalent ("AuEq") for 1.74 million ounces ("Moz") AuEq.Inferred Mineral Resource: 34.9 Mt at 0.93 g/t AuEq for 1.04 Moz AuEq.For the first time, antimony ("Sb") is modeled in the MRE and contributes approximately 25% of the Indicated AuEq oz and 29% of the Inferred AuEq oz.Estimated gold equivalent ounces in the Indicated category have increased by approximately 75% compared to the prior MRE from 2017*.The MRE is reported within a conceptual pit shell for the Project using long-term average prices of US$3,110/oz for Au and US$28,700/t for Sb.Alastair Still, Chief Executive Officer of GoldMining, commented: "We are excited to update the Mineral Resource Estimate at Crucero, which has for the first time incorporated antimony, a critical metal globally recognized for its strategic importance. On a gold equivalent basis we have expanded Indicated resources by approximately 75% using a long-term average gold price of US$3,110 per ounce, well below current spot prices which are currently trading near US$5,000 per ounce. While we have always been encouraged by the exploration potential at Crucero, we have now demonstrated the emerging opportunity to unlock further value at the Project through the identification and quantification of antimony mineralization that is co-occurring with gold."*For comparison, the previous MRE (Effective Date December 20, 2017) comprised 30.6 Mt at 1.0 g/t Au for 0.99 Moz Au Indicated resources, and 35.8 Mt at 1.0 g/t Au for 1.1 Moz Au Inferred resources, at a gold price of $1,500 per ounce and a 0.40 g/t Au cut-off grade.Updated Crucero Project Mineral Resource EstimateGlobal Mineral Resource Services ("GMRS") was retained by the Company to prepare an updated MRE and an independent technical report on the Crucero Project (see Figure 1) based on information current as of February 4, 2026 (the "Effective Date"). The purpose of the report is to support the disclosure of the updated MRE for the Project. The Company plans to file the NI 43-101 technical report, which will include further detail on the estimation methods and procedures, within 45 days of the date hereof.The Crucero Project is located in Carabaya Province, in southeastern Peru at approximately 14° 11' south latitude and 69° 50' west longitude. The Project contains orogenic gold-antimony mineralization contained within metasedimentary rocks belonging to the Ambo and Ananea Groups of Lower Paleozoic age.Exploration programs from 1996 to 2012 conducted by previous operators included geological mapping, soil and rock geochemistry, trenching, surface geophysical surveys, diamond drilling (79 holes over 24,773 m) and metallurgical testwork. Drilling was concentrated on one of the geophysical anomalies referred to as the A1 Zone where a total of 72 core holes for 22,712 m was completed. The Project is comprised of eight mining concessions with an aggregate area of 4,600 ha and is held in the name of Blue Rock Mining S.A.C. ("Blue Rock"), a wholly-owned subsidiary of GoldMining. The Company owns a 100% interest in the Property through their ownership of Blue Rock.To date, exploration of the Project has concentrated on the A1 Zone. The A1 Zone as currently defined by trenching and drilling dips vertically to steeply to the east, is approximately 750 m along strike by 100 m in width in the central portion of the deposit, and has been traced to a vertical depth of approximately 400.The A1 Zone is primarily hosted within meta-sediments (mudstones and siltstones) of the Ambo Group. Gold is the primary mineral of economic interest and occurs together with pyrite, pyrrhotite, arsenopyrite and stibnite which is the principal Sb-bearing mineral present. Pyrite is the most abundant sulphide and typically occurs as blebs, the distribution of which commonly appears to be along foliation or bedding. Quartz veins are uncommon and are not necessarily gold-bearing, although the highest gold grades found to date are associated with quartz veins.The following table is a summary of the Crucero 2026 MRE update:Table 1: Mineral Resource Estimate for the Crucero Project at 0.3g/t AuEq cut-off (Effective Date: February 4, 2026)
Tonnage
(t)Gold
Equivalent
Grade(g/t AuEq)Gold
Grade(g/t Au)Antimony
Grade(% Sb)Contained
AuEq(oz)Contained
Gold(oz)Contained
Antimony
(t)Indicated42,707,0001.260.950.121,736,0001,308,00051,000Inferred34,882,0000.930.650.111,038,000732,00037,000Notes:Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves.Open pit resources stated as contained within a conceptual open pit above a 0.30 g/t AuEq cut-off.Pit constraints are based on an assumed gold price of US$3,110/oz, an antimony price of US$28,700/tonne, metallurgical recoveries of 90% for gold and antimony, mining cost of US$2.50/t and processing cost of US$20.00/t.Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding.Mineral resource tonnages and grades are reported as undiluted.Contained metal grades are in-situ and do not include process recovery losses.CIM (2014) definitions were followed for classification of Mineral Resources.AuEq (g/t) = Au grade (g/t) + (2.87 * Sb grade (%) x 90% recovery)Qualified PersonsGregory Z. Mosher, P.Geo, Principal Geologist of GMRS, who is a qualified person ("QP") under NI 43-101 and independent of the Company has reviewed, verified and approved the technical information related to the MRE in this news release, including sampling, analytical and test data underlying the MRE disclosed herein.Tim Smith, Vice President Exploration of GoldMining, has supervised the preparation of, and verified and approved, all other scientific and technical information herein this news release. Mr. Smith is also a QP as defined under NI 43-101.Table 2: Crucero Project Mineral Resource Estimate sensitivity to cutoff valuesCut-off Grade(g/t
AuEq)CategoryTonnage
('000 t)Gold
Equivalent
Grade(g/t AuEq)Gold
Grade(g/t Au)Antimony
Grade(% Sb)Gold
Equivalent
Ounces('000 oz)Contained
Gold('000 oz)Contained
Antimony
('000 t)0.20IndicatedInferred46,05440,5941.190.830.900.590.110.091,7631,0831,33377352370.30IndicatedInferred42,70734,8821.260.930.950.650.120.111,7361,0381,30873251370.40IndicatedInferred39,06528,8421.351.051.010.720.130.131,6959701,27167051360.60IndicatedInferred32,23820,5191.531.271.130.840.150.171,5858391,17655549340.80IndicatedInferred26,50014,0381.711.541.250.960.180.221,4576941,06743447311.00IndicatedInferred21,5199,0011.901.901.371.080.200.321,3135509483134429*Refer to Notes accompanying Table 1. Crucero updated MRE in bold.About GoldMining Inc.GoldMining Inc. is a public mineral exploration company focused on acquiring and developing gold assets in the Americas. Through its disciplined acquisition strategy, GoldMining now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, the U.S.A., Brazil, Colombia, and Peru.Notice to ReadersTechnical disclosure regarding Crucero has been prepared by the Company in accordance with NI 43-101. NI 43-101 is a rule of the Canadian Securities Administrators which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These standards differ from the requirements of the U.S. Securities and Exchange Commission ("SEC") and the scientific and technical information contained in this news release may not be comparable to similar information disclosed by domestic United States companies subject to the SEC's reporting and disclosure requirements.Cautionary Statement on Forward-looking StatementsCertain of the information contained in this news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws ("forward-looking statements"), which involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Forward-looking statements, which are all statements other than statements of historical fact, include, but are not limited to, statements respecting the Company's expectations regarding the Project and future work at the Project and often contain words such as "anticipate", "intend", "plan", "will", "would", estimate", "expect", "believe", "potential" and variations of such terms. Such forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which GoldMining operates, which may prove to be incorrect. Investors are cautioned that forward-looking statements involve risks and uncertainties, including, without limitation: the inherent risks involved in the exploration and development of mineral properties, fluctuating metal prices, unanticipated costs and expenses, risks related to government and environmental regulation, social, permitting and licensing matters, any inability to complete work programs as expected, the Company's plans with respect to the Project may change as a result of further planning or otherwise, and uncertainties relating to the availability and costs of financing needed in the future. These risks, as well as others, including those set forth in GoldMining?s most recent Annual Information Form and other filings with Canadian securities regulators and the SEC, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that forward-looking statements, or the material factors or assumptions used to develop such forward-looking statements, will prove to be accurate. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities law.
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Original: GoldMining Updates Mineral Resource Estimate with Inclusion of Antimony at its Crucero Gold Project, Peru