GOLDMINING COMMENCES DRILLING AT THE SÃO JORGE GOLD PROJECT, BRAZIL

Core Viewpoint - GoldMining Inc. has commenced drilling at its São Jorge Gold Project in Brazil, aiming to confirm a new geological model and enhance confidence in its mineral resource estimate [1][4]. Company Overview - GoldMining Inc. is a public mineral exploration company focused on acquiring and developing gold assets across the Americas, controlling a diversified portfolio of resource-stage gold and gold-copper projects [12]. Project Details - The São Jorge Gold Project spans 45,997 hectares and is located in the Tapajos Gold District, which has produced over 20 million ounces of gold from artisanal mining [1][5]. - The drilling program includes approximately 1,000 meters of diamond core drilling and 3,000 meters of power auger drilling, targeting both confirmatory drilling and potential new discoveries [6][8]. Drilling Objectives - The program aims to confirm a reinterpretation of structural controls on high-grade mineralization and to test new target areas defined from extensive geochemical and geophysical datasets [4][6]. - Auger drilling will focus on a 12 km x 7 km area of elevated gold, copper, and molybdenum, designed to penetrate through the soil profile into the underlying saprolite zone [10]. Exploration Strategy - The exploration activities at São Jorge are supported by a permanent camp located just 3 km from the highway, facilitating access and operational efficiency [7]. - The company plans to conduct systematic follow-up exploration activities, including soil sampling and geological mapping, to define and prioritize new bedrock diamond core drilling targets [10].