Welcome to our dedicated page for Goldmining news (Ticker: GLDG), a resource for investors and traders seeking the latest updates and insights on Goldmining stock.
GoldMining Inc. (GLDG) news covers a broad range of updates related to its gold and gold‑copper exploration portfolio across the Americas. As a mineral exploration company listed on the NYSE American and TSX, GoldMining regularly publishes news releases that are also furnished to the U.S. Securities and Exchange Commission on Form 6‑K, giving investors insight into exploration results, project developments and corporate actions.
Recent news has focused on the company’s São Jorge Gold Project in the Tapajós gold district of Pará State, Brazil, where GoldMining has reported initial and follow‑up RC drilling results from multiple new prospects such as Dragon West, William North, William South and Ivonette. These releases describe gold intercepts, geophysical survey results, and the delineation of a broad mineral system defined by soil geochemistry and induced polarization data. Updates also highlight the scale of the São Jorge exploration program, including the use of auger, RC and diamond core drilling and supporting geophysical and mapping work.
News flow also includes project‑level developments elsewhere in the portfolio, such as additional historic drill intercepts and antimony mineralization at the Crucero Project in Peru, and commentary on regional infrastructure initiatives that may benefit the Whistler Gold‑Copper Project in Alaska through U.S. GoldMining. Corporate and capital markets items, including the renewal of an at‑the‑market equity program and early warning reports related to the company’s shareholdings in NevGold Corp., are also disclosed.
Investors following GLDG news can expect regular updates on exploration programs, technical results, project‑level studies, participation in mining conferences, and material corporate changes. This page aggregates those announcements to help readers track how GoldMining advances its portfolio of resource‑stage gold and gold‑copper projects over time.
GoldMining Inc. (NYSE American: GLDG) has announced an equity distribution agreement with a syndicate of agents, allowing it to sell up to US$50 million of common shares through an at-the-market equity program. The proceeds will be used for exploration, development of mineral properties, and working capital. The agreement will terminate upon reaching the sales limit or on January 1, 2023. The program is set to commence following the filing of a prospectus supplement.
GoldMining announced positive assay results from the ongoing infill sampling program at its 100% owned São Jorge property in Brazil. The program aims to evaluate previously unsampled core intervals, with results indicating mineralized saprolite in historic drill holes. Key findings include:
- SJD-067-06: 1.06 g/t gold over 7.6m.
- SJD-029-05: 0.62 g/t gold over 12.0m.
The results enhance the understanding of mineralization and warrant further exploration. The preliminary economic assessment indicates potential for defining existing mineralization.
GoldMining Inc. (GLDG) announced the replacement of a 1.33% net production royalty on its Cachoeira Project in Brazil with a 0.5% net smelter return royalty (NSR). BRI Mineração Ltda., a subsidiary, executed this transaction by paying US$100,000 and delivering 324,723 common shares to the royalty counterparty. This new NSR includes a buy-back option for half (0.25%) of the NSR for US$250,000, enhancing the project's value by eliminating pre-production payments. CEO Alastair Still emphasized this move as part of their strategy to unlock value from their gold portfolio.
GoldMining has successfully closed a US$20 million loan facility agreement with the Bank of Montreal. This funding is earmarked for general corporate purposes and project advancements, including the Yellowknife Gold Project in Canada, São Jorge in Brazil, and La Mina in Colombia. The facility has a one-year maturity, extendable subject to lender approval, and bears an interest rate of 3-month USD LIBOR plus 5.65%. An initial loan of US$10 million has been disbursed. The loan is secured by shares in Gold Royalty Corp.
GoldMining has secured a US$20 million loan facility from Bank of Montreal, aimed at bolstering its financial position and advancing various projects. This facility offers an interest rate of 3-month USD LIBOR plus 5.65% and can be extended for an additional year upon lender approval. Funds will be utilized for corporate purposes, acquisitions, and advancing the Yellowknife Gold, São Jorge, and La Mina projects. The commitment underscores GoldMining's disciplined approach to value creation and its ongoing interest in Gold Royalty Corp., valued at approximately US$110 million.
GoldMining Inc. (GLDG) announced initial infill assay results from its São Jorge property in Brazil. The ongoing program involves 14 holes targeting unsampled core intervals from previous drill programs. Significant results include 1.23 g/t gold over 89.0m and 3.62 g/t over 14.0m in hole SJD-058-06. The company aims to better define mineralization through this program, following a preliminary economic assessment. Further assay results are expected as the program progresses, highlighting the potential for increased mineralization at São Jorge.
GoldMining Inc. (GLDG) announced updated Mineral Resource estimates for four key properties, representing about 84% of its total Measured and Indicated resources of 16.24 million gold equivalent ounces. The properties include Titiribi, Whistler, La Mina, and São Jorge, alongside an amended technical report for the Yellowknife Gold project. The updates aim to de-risk assets and facilitate further development, with preliminary economic assessments for multiple projects expected in the next six months. The company uses metal prices of US$1,600/oz gold, US$21/oz silver, and US$3.25/lb copper for these calculations.
GoldMining Inc. (NYSE American: GLDG) has announced its participation in the H.C. Wainwright 23rd Annual Global Investment Conference from September 13-15, 2021. CEO Alastair Still will provide a company overview and engage in one-on-one meetings with registered investors. Interested institutional investors can join the presentation via a specific link starting on September 13 at 7:00 AM ET. GoldMining focuses on acquiring and developing gold assets across the Americas, including Canada, Brazil, Colombia, and Peru.
GoldMining announced updated Mineral Resource estimates for its Titiribi and La Mina projects in Colombia. The Titiribi project has measured and indicated resources of 5.54 million ounces of gold and 1,061.2 million pounds of copper, while inferred resources stand at 3.15 million ounces of gold. La Mina features indicated resources of 0.66 million ounces of gold and 150.5 million pounds of copper, with inferred resources of 0.29 million ounces of gold. This brings GoldMining's total global resources to approximately 16.24 million ounces of gold equivalent.
GoldMining announced an updated Mineral Resource Estimate (MRE) for its Whistler Project in Alaska, with significant increases in gold, silver, and copper resources compared to the 2016 estimate. Indicated resources include 1.94 million ounces of gold, 8.33 million ounces of silver, and 422 million pounds of copper. Inferred resources comprise 4.67 million ounces of gold, 16.06 million ounces of silver, and 711 million pounds of copper. The MRE reflects updated pricing and operational costs, enhancing the project's attractiveness amid rising copper demand.