GoldMining Inc. Updates Mineral Resources

GoldMining Inc.  (TSX: GOLD)

Announced the completion of updated Mineral Resource estimates for four of the most significant properties owned by the Company.

The updates included new pit constrained Mineral Resource estimates on each of the 100% owned Titiribi, Whistler, La Mina and São Jorge properties in addition to an amended technical report for the Company’s Yellowknife Gold project.

 

.

GoldMining Inc. TSX : GOLD
Stage Exploration
Metals Gold
Market cap C$224 m   @ C$1.50
Location Various Latin American countries

 

.

.

GoldMIning Inc Clombia

 

.

GoldMining Inc. Advances Preliminary Economic Assessments And Updates Mineral Resource Estimates On Key Properties

.

Vancouver, British Columbia – September 23, 2021 – GoldMining Inc. (the “Company” or “GoldMining”) (TSX: GOLD; NYSE American: GLDG) is pleased to announce the completion of updated Mineral Resource estimates (“MREs“) for four of the most significant properties owned by the Company.

The updates included new pit constrained Mineral Resource estimates on each of the 100% owned Titiribi, Whistler, La Mina and São Jorge properties in addition to an amended technical report for the Company’s Yellowknife Gold project.

The technical reports are available for review under the Company’s profile on SEDAR (www.sedar.com) and on the Company’s website (www.goldmining.com).

.

GoldMining Inc. management comments

“We are very pleased to have completed a foundational de-risking exercise by updating Mineral Resource estimates on four of our key properties.  

“These properties, combined with an amended Mineral Resource estimate on Yellowknife Gold, collectively represent approximately 84% of the Company’s total Measured and Indicated Mineral Resources of 16.24 million gold equivalent ounces and approximately 74% of the Company’s total Inferred Mineral Resources of 16.17 million gold equivalent ounces.”

“Updating and modernizing the MREs on key properties helps lay the foundation for the next stage of further advancing the projects.

“We are currently progressing with PEAs at our Yellowknife Gold project in Northwest Territories, Canada, São Jorge in Pará State, Brazil and La Mina in Antioquia, Colombia which we expect to have completed in the next six months.

“We look forward to sharing results of the PEAs and other activities as we continue to unlock value from our extensive portfolio of assets within favourable mining jurisdictions located entirely within the Americas.” 

Alastair Still, CEO of GoldMining Inc.

.

Highlights: Global Mineral Resources

.

Pursuant to the updated MREs, GoldMining’s global aggregate of Mineral Resources totals (see Table 1 for details):

  • 16.24 million ounces gold equivalent in the Measured and Indicated categories;
  • 16.17 million ounces gold equivalent in the Inferred category; and
  • Metal prices used for gold equivalent calculations are US$1,600 per ounce gold, US$21 per ounce silver, and US$3.25 per pound copper.

.

To read the full news release, please click HERE

=======

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email  andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.