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GoldMining(GLDG) - 2025 Q2 - Quarterly Report
2025-07-14 20:33
Exhibit 99.1 CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE THREE AND SIX MONTHS ENDED MAY 31, 2025 AND 2024 (Expressed in thousands of Canadian Dollars unless otherwise stated) GoldMining Inc. Condensed Consolidated Interim Statements of Financial Position As at May 31, 2025 and November 30, 2024 (Unaudited, expressed in thousands of Canadian dollars unless otherwise stated) | GOLDMINING | | --- | | | | | As at November | | --- | --- | --- | --- | | | Notes | As at May 31, 2025 | 30, 2024 | | ...
GoldMining Options Up to 80% of the Boa Vista Project to Australian Mines Limited for Total Consideration of Up to $7 million
Prnewswire· 2025-07-02 00:08
Core Viewpoint - GoldMining Inc. has entered into a binding Earn-In Agreement with Australian Mines Limited, allowing AUZ to acquire up to an 80% interest in the Boa Vista Project in Brazil for up to $7 million in cash and equity payments, while GoldMining retains a 20% interest if the option is fully exercised [1][2][5]. Group 1: Earn-In Agreement Details - AUZ can earn a 51% interest in the Boa Vista Project within three years by meeting specific conditions [3]. - A further 19% interest can be earned, bringing AUZ's total to 70%, within three years after completing the first option [3]. - AUZ has an additional option to earn a further 10% interest (totaling 80%) within 90 days after the second option is completed [3][4]. Group 2: Financial Considerations - The initial consideration includes a non-refundable cash payment of $55,000 and the issuance of AUZ Shares valued at AUD$1 million (approximately $884,000) [4]. - AUZ must incur minimum exploration expenditures of AUD$4.5 million (approximately $3,978,000), including completing at least 6,000 meters of diamond core drilling and making three annual cash payments of $250,000 [4]. - A JORC-compliant mineral resource estimate of at least 500,000 gold ounces must be announced, with at least 250,000 ounces in the measured and indicated categories [4]. Group 3: Project Overview - The Boa Vista Project is located in the Tapajós Gold District, covering approximately 9,201 hectares (92 km²) [6]. - GoldMining currently holds an 84.05% interest in the project, with Majestic D&M Holdings, LLC owning the remaining 15.95% [6]. - The project area is characterized by granites, granodiorites, and mafic volcanics, with mineralization considered to be mesothermal in nature [7][8]. Group 4: Company Background - GoldMining Inc. is focused on acquiring and developing gold assets in the Americas, controlling a diversified portfolio of resource-stage gold and gold-copper projects across several countries [10]. - The company also holds shares in Gold Royalty Corp., U.S. GoldMining Inc., and NevGold Corp., enhancing its investment portfolio [10].
GoldMining Inc. Identifies Significant Antimony Mineralization Including 2.79 g/t AuEq (0.71 g/t Au and 0.59% Sb) over 79 metres and 1.91 g/t AuEq (1.56 g/t Au and 0.10% Sb) over 128 metres at its 100% Owned Crucero Project
Prnewswire· 2025-04-23 10:00
VANCOUVER, BC, April 23, 2025 /PRNewswire/ - GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD) (NYSE American: GLDG) is pleased to announce that after reviewing historic drill results it has identified antimony ("Sb") mineralization occurring with gold mineralization on the Company's 100% owned Crucero Project ("Crucero" or the "Project") in the Carabaya Province, Peru.Highlights: Figure 1 – Crucero Project, Department of Puno, Province of Carabaya, Peru. (CNW Group/GoldMining Inc.) Figure 2 ...
GoldMining Inc. Initiates Most Comprehensive Exploration Campaign To Date, São Jorge Project, Brazil
Prnewswire· 2025-04-14 10:00
Core Viewpoint - GoldMining Inc. has initiated its largest exploration program to date at the São Jorge Project in Brazil, aiming to expand the known gold deposit and explore new targets in the Tapajós gold district [1][2]. Group 1: Exploration Program Details - The São Jorge Project is located in the Tapajós gold district and features a granite-hosted, intrusion-related gold deposit [3]. - The exploration program includes systematic drilling to target the expansion of the São Jorge deposit and test new zones identified through geochemical and geophysical methods [2][4]. - The initial drilling program will consist of drill holes targeting the potential extension of the deposit along the northwest and southeast trends [5]. Group 2: Infrastructure and Logistics - The project benefits from excellent infrastructure, including a 35-person camp, access to paved highways, grid power, and local supply chains, facilitating rapid exploration activities [2]. - Field activities will be conducted from the existing exploration camp, which is located approximately 2 km from paved Highway 163 [8]. Group 3: Planned Activities and Targets - The 2025 exploration plans include a diamond core drilling campaign of up to 5,000 meters, additional auger drilling of up to 3,000 meters, and a soil sampling program of up to 6,000 samples [8]. - The program will also involve airborne Lidar surveys and ground geophysics, including Induced Polarisation (IP) [8]. - The 2025 program will conduct the first deeper drill testing of new targets identified in the previous year's exploration [6]. Group 4: Company Background - GoldMining Inc. is focused on acquiring and developing gold assets in the Americas, controlling a diversified portfolio of resource-stage gold and gold-copper projects across several countries [10].
GoldMining Inc. Launches 2025 Exploration Program, São Jorge Project, Brazil
Prnewswire· 2025-03-18 10:00
Core Viewpoint - GoldMining Inc. is initiating a significant exploration program at its 100% owned São Jorge Project in Brazil, marking the largest exploration effort in the company's 14-year history, driven by the belief in the project's untapped potential [1][3]. Exploration Program Details - The exploration program includes field activities such as soil sampling, mapping, and prospecting, with plans for a diamond core drilling program in the 2025 field season [2][4]. - The São Jorge mineral system is characterized by a 12 km x 7 km footprint of elevated surface geochemical anomalies, indicating substantial exploration potential [2][4]. Drilling Campaign - The planned drilling campaign will encompass up to 5,000 meters, targeting the expansion of the São Jorge deposit along strike and testing new zones of potential mineralization [6]. - High-grade auger drill intercepts from 2024 included results such as 1 meter at 17.14 g/t Au and 5 meters at 2.78 g/t Au, all from shallow depths [6][13]. Recent Discoveries - Recent soil sampling in 2025 revealed the highest gold-in-soil anomaly on the property at 5.96 g/t Au at the William North prospect area [6][7]. - The auger drilling at William South has returned numerous high-grade intercepts, indicating the potential for new gold mineralized zones [7]. Team and Infrastructure - The exploration team is led by experienced professionals, including President Paulo Pereira and VP Exploration Tim Smith, enhancing the project's credibility and potential for success [3]. - The project's location benefits from proximity to existing highway and power infrastructure, further supporting its growth opportunity [3].
GoldMining(GLDG) - 2025 Q1 - Quarterly Report
2025-02-27 23:30
U.S. SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of February 2025 Commission File Number: 001-39566 GoldMining Inc. (Translation of registrant's name into English) Suite 1830, 1188 West Georgia Street, Vancouver, British Columbia, Canada (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cov ...
GOLDMINING ANNOUNCES FILING OF FINANCIAL STATEMENTS, MD&A, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F
Prnewswire· 2025-02-27 23:15
Core Viewpoint - GoldMining Inc. has filed its annual financial statements and related documents for the fiscal year ended November 30, 2024, highlighting its financial position and operational activities [1][2]. Group 1: Financial Filings - The Annual Filings include the Company's financial position, operations, and projects for the fiscal year [2]. - The documents are accessible on various platforms including SEDAR, EDGAR, and the Company's website [2]. Group 2: Company Overview - GoldMining Inc. is a public mineral exploration company focused on acquiring and developing gold assets in the Americas [3]. - The Company controls a diversified portfolio of resource-stage gold and gold-copper projects across Canada, the U.S.A., Brazil, Colombia, and Peru [3]. - GoldMining owns approximately 21.5 million shares of Gold Royalty Corp., 9.9 million shares of U.S. GoldMining Inc., and 26.7 million shares of NevGold Corp. [3].
GoldMining Inc. Updates Mineral Resource Estimate, Expands Land Package and Highlights Exploration Potential, São Jorge Project, Brazil
Prnewswire· 2025-02-26 21:30
Core Viewpoint - GoldMining Inc. has announced an updated Mineral Resource Estimate (MRE) for its São Jorge Project in Brazil, highlighting significant exploration potential and plans for an expanded 2025 exploration campaign [1][3]. Updated Mineral Resource Estimate - The updated Indicated resource for the São Jorge deposit is estimated at 19.42 million tonnes (Mt) with an average grade of 1.00 gram per tonne gold (g/t Au), containing approximately 624,000 ounces (oz) of gold [4][8]. - An additional Inferred resource of 5.56 Mt at an average grade of 0.72 g/t Au is estimated to contain approximately 129,000 oz Au [4][8]. - The MRE is based on a long-term average gold price of US$1,950/oz Au and is reported within a 'Base Case' conceptual pit design shell [4][6]. Exploration Potential - The São Jorge deposit is located within a 12 km x 7 km area of elevated surface geochemical anomalies, indicating broader exploration potential [4][14]. - The company has expanded its land package to 46,485 hectares (ha) by acquiring an additional 488.45 ha [4][17]. - High-grade auger drill intercepts from the 2024 drilling program include results such as 1 meter at 17.14 g/t Au and 5 meters at 2.78 g/t Au [4][16][18]. Future Plans - The company plans to double its exploration activities in 2025 compared to 2024, focusing on high-priority targets within the São Jorge mineral system [3][4]. - Additional drilling is planned to explore potential strike extensions and previously untested zones along the deposit [12][13]. Geological Context - The São Jorge deposit is classified as a granite-hosted, intrusion-related gold deposit, with mineralization associated with sulphide minerals [9][10]. - The geological model has been revised based on 2024 drilling results, enhancing the understanding of gold mineralization controls [10][11].
GoldMining Announces Change to the Board of Directors
Prnewswire· 2025-01-17 21:30
Core Points - GoldMining Inc. announces the retirement of Mr. Garnet Dawson and The Hon. Herb Dhaliwal from its board of directors after over ten years of service, with both continuing as strategic advisors [1][2] - Mr. Dawson served as CEO from 2014 to 2021 and joined the board in 2018, while Mr. Dhaliwal has been on the board since 2013 [2] - The company expresses gratitude for their contributions and looks forward to their ongoing support [2] Company Overview - GoldMining Inc. is a public mineral exploration company focused on acquiring and developing gold assets in the Americas [3] - The company controls a diversified portfolio of resource-stage gold and gold-copper projects across Canada, the U.S.A., Brazil, Colombia, and Peru [3] - GoldMining owns approximately 21.5 million shares of Gold Royalty Corp., 9.9 million shares of U.S. GoldMining Inc., and 26.7 million shares of NevGold Corp. [3]
GoldMining Announces Renewed At-the-Market Equity Program
Prnewswire· 2024-12-21 02:30
Core Viewpoint - GoldMining Inc. has renewed its at-the-market equity program (ATM Program) to distribute up to US$50 million of common shares to the public, which will be used for exploration, development of mineral properties, and working capital [2][4]. Group 1: ATM Program Details - The ATM Program allows the company to sell common shares at the prevailing market price at the time of sale [2]. - Sales will be conducted through a syndicate of agents led by BMO Nesbitt Burns Inc. and BMO Capital Markets Corp., along with other agents [3]. - The program will terminate when the gross sales proceeds reach US$50 million or by December 24, 2025, whichever comes first [4]. Group 2: Use of Proceeds - The net proceeds from the ATM Program will fund exploration and development of mineral properties, complete minimum work programs, and maintain property rights [1]. - Additional uses include funding future acquisitions and working capital [1]. Group 3: Regulatory and Documentation - The ATM Program will become effective upon filing a prospectus supplement to the company's short form base shelf prospectus and U.S. registration statement [5]. - Relevant documents will be available on SEDAR+ and EDGAR, and can be requested from the lead agent [5]. Group 4: Company Overview - GoldMining Inc. is focused on acquiring and developing gold assets in the Americas, controlling a diversified portfolio of resource-stage gold and gold-copper projects [9]. - The company also holds shares in Gold Royalty Corp., U.S. GoldMining Inc., and NevGold Corp. [9].