GoldMining Intersects 37 Metres Grading 2.26 g/t Gold Within Mineralized Corridor of 163 Metres Grading 1.02 g/t Gold at the São Jorge Project, Brazil

Core Insights - The article discusses the recent drilling program at the São Jorge gold deposit, which includes approximately 1,000 meters of diamond core drilling and 3,000 meters of power auger drilling aimed at confirming mineralization and understanding structural controls on high-grade mineralization [3][5][8]. Drilling Program Details - The first drill hole, SJD-120-24, reported significant results, including 163 meters at 1.02 grams per tonne (g/t) gold, with notable higher-grade intersections such as 20 meters at 1.37 g/t Au and 37 meters at 2.26 g/t Au [4][12]. - The drilling program is part of a multi-pronged approach to enhance the geological model and improve future mineral resource estimation [5][8]. Geological Context - São Jorge is located in the Tapajós Gold District, which has historically produced over 20 million ounces of gold from artisanal mining [6]. - The deposit is strategically positioned near infrastructure, including a paved highway and a new powerline, facilitating exploration activities [7]. Future Plans - The company plans to continue with the auger drilling component of the program and expects to provide further updates on the exploration results [5][8]. - The drilling aims to test the structural controls on mineralization and optimize resource modeling methodologies [8][9]. Company Overview - GoldMining Inc. is focused on acquiring and developing gold assets across the Americas, controlling a diversified portfolio of resource-stage projects [18].