Goldmining Stock Price, News & Analysis

GoldMining has closed a non-brokered private placement of 373,135 flow-through shares at $1.34 per share, raising $500,000. The flow-through share price represents a 25% premium to the previous closing price. The company will use the proceeds for Canadian exploration expenses at its 100% owned Yellowknife Gold Project, marking the first exploration activities since 2012. The project includes the former Discovery Mine, which historically produced over 1 million ounces of gold at an average grade above 1 oz per short ton. The project contains high-grade open pit mineral resource deposits with estimated gold grades exceeding 2.0 g/t. All qualifying expenditures will be renounced in favor of subscribers by December 31, 2025, and the securities issued have a four-month hold period.

GoldMining announced that its subsidiary U.S. GoldMining has been added to the Russell 3000® Index, effective June 27, 2025. GoldMining owns 79% of U.S. GoldMining (9.9M shares) valued at $131M. The company's total equity portfolio is worth ~$197M, including stakes in Gold Royalty Corp ($56M) and NevGold Corp ($10M). GoldMining maintains a debt-free status and owns a project portfolio of 12.4M gold equivalent ounces (measured & indicated) and 9.1M gold equivalent ounces (inferred) across the Americas. The company's market cap stands at approximately $210M, with U.S. GoldMining currently advancing its Whistler Gold-Copper Project in Alaska through exploration and economic assessment.

GoldMining (NYSE: GLDG) has filed an updated technical report for its Rea Uranium Project in Western Athabasca Basin, Alberta. The company owns 75% of the project, with Orano Canada holding the remaining 25%. The project spans 125,328 hectares and surrounds Orano's high-grade Dragon Lake prospect. The Alberta Energy Regulator has approved GoldMining's exploration program for the project. The company has identified 70 kilometers of prospective trends across three corridors: Maybelle River, Net Lake, and Keane Lake. Historical drilling has shown promising results, with uranium concentrations of up to 48 ppm in the Net Lake corridor and 87 ppm over 1 metre in the Maybelle River corridor. The project's location in the Athabasca Basin is significant, as the region contributes approximately 15% of worldwide uranium production.

GoldMining Inc. (NYSE: GLDG) held its annual general and special meeting on May 15, 2025, with a 34.08% quorum of shareholders present. All six nominated directors were successfully elected with strong approval ratings ranging from 90% to 92.48%. The elected board members include Amir Adnani, David Garofalo, David Kong, Gloria Ballesta, Mario Bernardo Garnero, and Anna Tudela. Shareholders also approved the appointment of PricewaterhouseCoopers LLP as the company's auditor, unallocated options under the Stock Option Plan, and the Amended and Restated Restricted Share Plan.

GoldMining Inc. (NYSE: GLDG) has received approval from the Alberta Energy Regulator for its uranium exploration program at the Rea Uranium Project in Western Athabasca Basin. The company owns 75% of the project, with Orano Canada Inc. holding the remaining 25%. The exploration program includes diamond core drilling of up to 15 drillholes, reaching a maximum depth of 500 meters for approximately 7,500 meters total. The Rea Project covers 125,328 hectares and contains three distinct corridors totaling over 70 km of prospective trends: Maybelle River (11 km), Net Lake (20 km), and Keane Lake (40 km). The project is strategically located near world-class uranium deposits, including Paladin Energy's Triple R and NexGen Energy's Arrow deposits. GoldMining has also received consultation adequacy from the Aboriginal Consultation Office of Alberta and remains committed to Indigenous engagement.

GoldMining Inc. (TSX: GOLD, NYSE: GLDG) has identified significant antimony mineralization at its 100% owned Crucero Project in Peru, co-existing with previously established gold deposits. The project contains an indicated resource of 30.65 million tonnes at 1.0 g/t Au (993,000 oz gold) and an inferred resource of 35.78 Mt at 1.0 g/t Au (1,147,000 oz gold).

Notable drill intercepts include 44.37 g/t AuEq over 7 metres and 2.79 g/t AuEq over 79 metres. The discovery gains significance as antimony prices have surged to approximately US$55,250 per tonne, up from US$11,600 at the start of 2024. The database contains assay data for 72 drill holes and 657 trench assays, including over 15,000 gold assays and 10,000 antimony assays.

GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) has launched its largest-ever exploration program at the São Jorge Project in Brazil's Tapajós gold district. The comprehensive campaign includes:

• Up to 5,000 metres of diamond core drilling
• Up to 3,000 metres of auger drilling
• Up to 6,000 soil samples
• Airborne Lidar survey and ground geophysics with Induced Polarisation

Operations will be conducted from the existing 35-person São Jorge exploration camp, which benefits from grid power and proximity to Highway 163. The program aims to expand the São Jorge deposit and explore new zones identified through geochemical and geophysical targets.

GoldMining Inc. (TSX: GOLD) (NYSE American: GLDG) has announced its largest exploration program at the São Jorge Project in Brazil's Tapajós gold district. The 2025 program includes:

• Up to 5,000 metres of drilling to expand the São Jorge deposit
• 3,000 metres of auger drilling over high tenor soil anomalies
• 6,000 soil samples to test the broader mineral system
• Extended IP survey over William South and North prospects

The program builds on successful 2024 results, which revealed significant high-grade auger drill intercepts at William South, including 1m at 17.14 g/t Au and 5m at 2.78 g/t Au. Recent 2025 soil sampling at William North yielded the project's highest-ever gold-in-soil anomaly of 5.96 g/t Au. The São Jorge mineral system spans a 12km x 7km footprint, with the deposit remaining open along strike.

GoldMining Inc. (GLDG) has announced the sale of 7,000 common shares of NevGold Corp. through a market transaction on the TSX Venture Exchange. Following this disposition, GoldMining's ownership in NevGold decreased from 26,670,250 to 26,663,250 shares, maintaining approximately 28.3% ownership of outstanding NevGold shares.

The company will file an early warning report under National Instrument 62-103 on SEDAR+. GoldMining states the share disposition was made for investment purposes and indicates that future actions regarding their NevGold holdings will depend on market conditions, plan reformulation, and other relevant factors.