VANCOUVER, Feb. 28, 2018 /CNW/ - GoldMining Inc.
(the "Company" or "GoldMining") (TSX-V: GOLD; OTCQX:
GLDLF) is pleased to announce the appointments to its
management and technical team with Mr. Jeff
Wright as Executive Vice President and Dr. Jeremy Richards, Dr. J. Brian Mahoney and Dr. Michael Roberts as new members of the Company's
Technical Advisory Board ("Advisory Board").
Mr. Wright has extensive capital markets experience with a
specific focus on the natural resource sector, with more than 22
years of experience as an investment banker and analyst. He
has been active in more than 100 successfully completed
transactions with an aggregate value of over $2.5 billion.
Garnet Dawson, CEO of GoldMining,
commented: "We are excited to have Jeff join our management team
and expand our corporate development and capital markets
activities. Additionally, we have assembled a Technical
Advisory Board with leading professionals who will help guide our
exploration and development efforts as well as provide valuable
input in identifying and evaluating accretive opportunities."
GoldMining's Technical Advisory Board now includes geologists
Dr. Ross Sherlock, Dr. Jeremy Richards, Dr. J. Brian Mahoney, Dr. Michael Roberts and Dr. Paul Zweng, and mining engineer Mr. Curtis Clarke. These leading professionals
on orogenic, epithermal and porphyry deposits will work closely
with GoldMining's management team to advance our diversified
portfolio of gold projects in the Americas.
Jeff Wright, BA, MBA
Mr. Wright has over twenty-two years of experience in the
capital markets with the last fifteen years devoted to the natural
resource sector. As a sell-side analyst, Jeff covered over 30
resource companies and has completed more than 60 property site
visits. He has extensive relationships with U.S.-based
institutional investors and has keen awareness of capital markets.
Jeff previously held analyst and investment banking positions
with Robertson Stephens, Montgomery & Co., H.C. Wainwright
& Co. and Global Hunter Securities.
Mr. Wright received his MBA from the University of Southern California, his bachelor of
arts degree in political science from North
Carolina State University and is a member of the Board of
Directors of the North Carolina State
University Foundation. Previous to his banking career,
he served as a U.S. naval officer on the USS Carl Vinson and USS
John Young.
Mr. Wright has extensive experience in the precious metals
sector and has appeared or has been quoted in the Wall Street
Journal, Bloomberg TV, Reuters, Marketwatch.com, Kitco News and The
Gold Report.
Jeremy Peter Richards, PhD,
PGeo
Dr. Richards is Canada Research Chair in Metallogeny at
Laurentian University, Sudbury and is a registered professional
geologist in Ontario. His
research interests focus on the genesis of hydrothermal mineral
deposits, and in particular, regional tectonic and magmatic
controls on porphyry and epithermal mineralization. He has
worked in Africa, North and
South America, the Tethyan belt
from southeastern Europe to
China, and the Southwest Pacific
region, and regularly consults for the mineral exploration
industry.
Dr. Richards received the Society of Economic Geologists
Lindgren Award in 1995, and Silver Medal in 2016; he was the SEG
2002/2003 International Exchange Lecturer, and the SEG 2016 Thayer
Lindsley Visiting Lecturer. He has also received the
Geological Association of Canada Hutchison Medal in 2007, and the
Canadian Institute of Mining and Metallurgy Julian Boldy Memorial
Award in 2007.
Dr. Richards received a BA in geology from Cambridge University in 1983, an MSc from the
University of Toronto in 1986, and a
PhD from the Australian National
University in 1990. He was appointed as Lecturer at
the University of Leicester, UK,
in 1992, and worked at the University of
Alberta as an Associate Professor and then Professor in
Economic Geology from 1997 to 2017. He joined Laurentian University in July 2017.
J. Brian Mahoney, PhD,
PG
Dr. Mahoney is a Professional Geologist with over 30 years'
experience in the economic geology and academic research. He
has extensive experience in stratigraphic, structural and economic
geology field investigations in the Americas. He is a
Professor of Geology at the University of
Wisconsin-Eau Claire and works internationally through
Precision GeoSolutions, where he is a principal.
Dr. Mahoney completed a PhD at University
of British Columbia, MSc at Idaho State
University and BSc (Geology) at University of
Wisconsin. He has conducted research with teams from the
University of Wisconsin-Eau Claire,
University of British Columbia,
Geological Survey of Canada and
United States Geological Survey and is extensively published and
referenced in peer-reviewed publications. He is a certified
professional geologist in the State of
Wisconsin.
Michael Roberts, PhD,
P.Geo.
Dr. Roberts is a Professional Geologists with 20 years of
experience in the mining industry and academic research. Dr.
Roberts is principal of Resolution Geoscience, a private
consultancy providing technical geological services to mineral
exploration companies. Mike has conducted and managed
grassroots to advanced exploration programs for base and precious
metals in North America and
Australia, typically in
partnership with major mining companies. He has held senior
positions with junior mining companies, and was most recently Vice
President, Exploration for Kiska Metals.
Dr. Roberts completed post-doctoral research at the University of Southern California and the
University of Cape Town, a PhD in
Geology from James Cook University, Australia, and a BSc from the University of Victoria, Canada. He is a member of the
Professional Engineers and Geoscientists of British Columbia.
The Company has granted incentive stock options to purchase
435,000 common shares of the Company (the "Options") to certain
officer, consultants and employee of the Company pursuant to the
Company's stock option plan, which included 200,000 Options issued
to an officer of the Company. The Options have an exercise
price of $1.23 per share,
representing the closing price of the Company's common shares on
the day prior to this news release, and are valid for a period of
five years.
The Options will vest as follows: 25% immediately and 25% on the
three, nine and twelve-month anniversaries of the grant date as to
200,000 Options and 25% immediately and 25% on the six, twelve and
eighteen-month anniversaries of the grant date as to 235,000
Options. The Option grants are subject to the acceptance of
the TSX Venture Exchange.
Correction from Source
A correction from source is issued with respect to the news
releases that were disseminated on January
16 and February 22, 2018
correcting the units in the Tonnage and Contained Metal column
headings of Table 1 and Table 2 from "Mt" to "t" and "Moz" to "oz",
respectively. The resource estimate and all other figures in
the disclosure remain unchanged, being an indicated resource of
30,653,000 t grading 1.0 g/t gold (1.0 Moz) and an inferred
resource of 35,779,000 t grading 1.0 g/t gold (1.1 Moz) at a 0.4
g/t gold cut-off. For further details on the resource
estimate, the reader is referred to the technical report, dated
effective December 20, 2017, titled
"Technical Report on the Crucero Property, Carabaya Province,
Peru" authored by Mr. Greg Z. Mosher, M.Sc., P.Geo. and filed on SEDAR
under the Company's profile.
About GoldMining Inc.
GoldMining Inc. is a public mineral exploration company focused
on the acquisition and development of 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, U.S.A., Brazil, Colombia and Peru. Additionally,
GoldMining owns a 75% interest in the Rea Uranium Project, located
in the Western Athabasca Basin of
Alberta, Canada.
This document contains certain forward-looking statements
that reflect the current views and/or expectations of GoldMining
with respect to its business and future events, including
expectations and future plans respecting its projects.
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, the inherent risks involved in the
exploration and development of mineral properties 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 GoldMiningꞌs filings with Canadian securities regulators,
could cause actual results and events to vary significantly.
Accordingly, readers should not place undue reliance on
forward-looking statements and information. There can be no
assurance that forward-looking information, or the material factors
or assumptions used to develop such forward looking information,
will prove to be accurate. GoldMining does not undertake any
obligations to release publicly any revisions for updating any
voluntary forward-looking statements, except as required by
applicable securities law.
Neither the TSX Venture Exchange, nor its Regulation Services
Providers (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
SOURCE GoldMining Inc.