GOLDMINING DEFINES AT LEAST 70 KM OF PROSPECTIVE TREND IN THREE CORRIDORS ON ITS REA URANIUM PROJECT, WESTERN ATHABASCA BASIN

Core Insights - GoldMining Inc. has reported preliminary results from the Rea uranium project, highlighting the potential for significant uranium mineralization in the Athabasca Basin, Alberta, Canada [11][12] - The Rea Project covers approximately 125,328 hectares and is strategically located near high-grade uranium deposits, including Fission's Triple R and NexGen's Arrow deposits [11][12] Project Highlights - Historic drill holes in the Maybelle River Corridor intersected anomalous uranium values and pathfinder elements, indicating potential for further exploration [2][5] - The project features three interpreted corridors (Net Lake, Maybelle River, and Keane Lake) that are believed to be significant for uranium deposits, with over 70 km of conductive trends identified [12][23] Geophysical Analysis - Modern reprocessing techniques have been applied to historic geophysical surveys, enhancing the understanding of the project's geological structure and identifying prospective areas for follow-up exploration [12][25] - The Maybelle River Corridor hosts high-grade uranium mineralization at the Dragon Lake prospect, with historic drill intersections reporting up to 17.7% U3O8 over 5 m [5][11] Future Exploration Plans - Follow-up exploration programs will include additional geophysical work to refine targets ahead of drilling, focusing on the identified corridors [24][25] - The Keane Lake Corridor remains largely unexplored, with only two historic drill holes providing initial data on uranium values [14][26]