VANCOUVER, BC, May 23, 2022
/CNW/ - GoldMining Inc. (the "Company" or
"GoldMining") (TSX: GOLD) (NYSE American: GLDG) is pleased
to announce appointments to the Board of Directors (the
"Board") of U.S. GoldMining Inc., ("U.S.
GoldMining"), a subsidiary of the Company created to advance
the Whistler Gold-Copper Project, located in Alaska, USA on a standalone basis (see news
release February 28, 2022).
The U.S. GoldMining Board will initially be comprised of six
individuals, who are each highly experienced in their respective
disciplines. The U.S. GoldMining Board consists of:
- Two members of GoldMining's current executive management team
and board of directors:
-
- Alastair Still, an
experienced mining industry professional with over 25 years of
experience and the CEO of GoldMining. Mr. Still will act as
Chairman of U.S. GoldMining Inc.
- Garnet Dawson, a
professional geologist with 40 years of global experience. Mr.
Dawson recently retired as CEO of GoldMining and remains an active
serving Director of GoldMining.
- Four independent directors:
-
- Aleksandra Bukacheva, a capital markets and finance
professional focused on the metals and mining industry. Ms.
Bukacheva brings a wealth of experience as a former top-ranked
equity research analyst for BMO Capital Markets and spent seven
years in investment research (2010-2016) with coverage of more than
50 mining companies. She has also served in executive and director
roles for several private and public resource companies throughout
her career.
- Laura (Laurie) Schmidt,
whose primary home is in Alaska,
is a global executive with over 30 years of experience in the
resource industry. Ms. Schmidt has held numerous senior positions
with Shell, including as V.P. Alaska.
- Dr. Ross Sherlock, a
professional geologist with more than 30 years' experience,
including senior positions with Kinross and Gold Fields. Dr. Sherlock is
currently Professor and Director of the Mineral Exploration
Research Centre at Laurentian
University, in Sudbury,
Ontario.
- Lisa Wade, an
environmental engineer with over 25 years of experience in the
mining industry including as former Vice President, Environmental,
Reclamation and Closure for Goldcorp. Ms. Wade is currently a
director of Gold Standard Ventures and on the Montana Tech Alumni
Industrial Advisory Board.
Amir Adnani, Chairman of
GoldMining commented: "We are pleased to have such a strong and
diverse Board of Directors leading our newest entity, U.S.
GoldMining Inc. The U.S. GoldMining Board of Director's bring
immense knowledge and experience in their respective disciplines,
encompassing the critical technical, social, operating and capital
market experience required to successfully steer the growth of our
Whistler Project and build value for all stakeholders. "
Alastair Still, Chairman
of U.S. GoldMining and CEO of GoldMining, commented: "With these
Board appointments and recent key additions to the executive
management team, U.S. GoldMining is working towards becoming a
standalone entity, through a potential initial public offering. The
U.S. GoldMining team is excited to progress its strategy of
unlocking value from the Whistler Project, an expansive 170 square
kilometer land package with Indicated Resources of 3.0 million
gold equivalent ounces and Inferred Resources of 6.5 million gold
equivalent ounces. We look forward to providing further updates on
U.S. GoldMining's progress in the coming months."
U.S. GoldMining Board of Director's Profiles:
Alastair Still, P.Geo.,
Chairman
Mr. Still is an experienced mining industry professional with
over 25 years of experience including working for major gold miners
such as Newmont Corporation, Goldcorp Inc., Placer Dome Inc., and
Kinross Gold Corporation and is currently Chief Executive Officer
of GoldMining Inc. and Director of Technical Services for Gold
Royalty Corp. He has worked within Canada and internationally in a variety of
leadership roles in mine operations and project development
including as Project Director leading the acquisition, permitting
and construction of the Cerro Negro gold mine in Argentina which produced over half a million
ounces of gold in its first full year of production. Mr. Still has
extensive experience in corporate development having previously
served as Director, Corporate Development with Newmont Corporation
(formerly Goldcorp), and most recently as Executive Vice President,
Chief Development Officer for GoldMining. Mr. Still graduated with
a Bachelor of Science (First Class, Honours) from the University of New Brunswick and a Master of Science
(Structural Geology) from Queen's University. Mr. Still serves on
the Technical Advisory Committee of Geoscience BC and is a member
of Professional Engineers and Geoscientists British Columbia and
Professional Geoscientists Ontario.
Aleksandra Bukacheva, C.F.A.
Ms. Bukacheva is a capital markets and finance professional
focused on the metals and mining industry. Ms. Bukacheva is
currently a member of the Board of Directors of Montage Gold Corp.
and Probe Metals Inc. and was an independent director at Battle
North Gold Corporation prior to its acquisition by Evolution Mining
Limited in 2021. Ms. Bukacheva was Executive Vice President,
Corporate Development of Element 29 Resources Inc., a junior
explorer focused on copper resource development in Peru from September
2018 until November 2020. She
was also a director of Gippsland Prospecting Pty. Ltd., a private
Australian company, which was sold to Battery Minerals Limited in
October 2020. Ms. Bukacheva brings
with her a wealth of capital markets and finance experience. Ms.
Bukacheva was previously a top-ranked Equity Research Analyst for
BMO Capital Markets and spent seven years in investment research
(2010–2016) with coverage of more than 40 mining companies. Ms.
Bukacheva received her Master of Science at the London School of Economics and Political Science in
2005. She also achieved a Certificate in Mining Studies at the
University of British Columbia in 2016
and holds a Chartered Financial Analyst designation.
Garnet Dawson, P.Geo.
Mr. Dawson is a geologist with 40 years of experience in the
exploration and mining business working with senior and junior
mining companies in the Americas, Europe, Africa and China. He has held executive roles with
several Canadian mining companies including Chief Executive Officer
of GoldMining, Vice President, Exploration of Brazilian Gold
Corporation and Vice President, Exploration of EuroZinc Mining
Corporation. He has led teams that have added significant resources
and reserves at the Neves Corvo and Aljustrel copper and zinc mines
in Portugal (Lundin/EuroZinc), São
Jorge project (Brazilian Gold) and more recently through
acquisition of resource stage gold projects at GoldMining. Prior to
joining EuroZinc, he consulted internationally and held a number of
positions with Battle Mountain Canada Inc., British Columbia
Geological Survey and Esso Minerals Canada Ltd. He currently serves
as a Director of GoldMining and Freegold Ventures Limited which is
actively exploring on the Golden Summit project in Alaska. Mr. Dawson is a registered
Professional Geologist with Engineers & Geoscientists British
Columbia and holds a Bachelor of Science degree in Geology from the
University of Manitoba and a Master of
Science degree in Economic Geology from the University of British Columbia.
Laura (Laurie) Schmidt
P.E.
Ms. Schmidt is a global executive with over 30 years of
worldwide experience in the oil/gas/new energy industry in Shell.
She currently works in Supply Chain in Shell's Upstream
Directorate. Ms. Schmidt has held numerous senior positions
including V.P. Shell Alaska, V.P.
Safety & Environment for Shell's Integrated Gas & New
Energies Directorate, Head of Audit for Shell's Upstream and
Projects & Technology Directorates, as well as engineering and
operations positions. Ms. Schmidt holds a Bachelor of Science (cum
laude) in Mechanical Engineering from Virginia
Tech, a Master of Science in Environmental Engineering, and
a Doctor of Jurisprudence (magna cum laude) from the University of Houston. She is a licensed
Professional Engineer, licensed US Patent Attorney, and a licensed
attorney in Colorado and
Texas. She is a Member of the
Chartered Institute of Procurement and Supply. After attending
INSEAD's International Directors Program, she obtained a
Certificate in Corporate Governance. She is also an alumnus of
Stanford's Directors College and
Harvard Business School's Women on
Boards Program. She has lived and worked in numerous countries and
has maintained her primary home in Alaska since 2015.
Ross Sherlock, P.Geo.
Dr. Sherlock is a professional geologist with over 30 years of
experience in the mining industry and academic research. He has
held senior positions with major mining companies including Vice
President, Geoscience at Kinross Gold Corp., Exploration Manager,
North America at Gold Fields Ltd.,
and Project Manager & Senior Geologist at Miramar Mining
Corporation/Newmont Mining Corporation. Prior to this, he was a
Research Geoscientist at the Geological Survey of Canada and Senior Geologist at SRK Consulting
Engineers. He has led teams that are responsible for a number of
new discoveries and significant reserve and resource addition while
working with Kinross Gold Corp., Gold Fields and Miramar Mining
Corporation. He has extensive experience in greenfield and
brownfield exploration, including the Fort Knox Mine, Alaska. Dr. Sherlock completed a Post-Doctoral
Fellowship at the University of British Columbiaꞌs Mineral Deposits
Research Unit, PhD at the University of
Waterloo, MSc at Lakehead
University, and BSc (Honours) at McMaster University, Canada. He is a member of Professional
Engineers and Geoscientists British Columbia and Professional
Geoscientists Ontario.
Lisa Wade
Ms. Wade is an environmental engineer with over 25 years of
experience in the mining industry. Ms. Wade has held environmental
engineering, community relations, permitting, managerial and
executive positions with a number of mining companies. From 2005 to
2019, Ms. Wade held increasingly senior positions at Goldcorp Inc.,
in Central America and then as
Vice President, Environmental, Reclamation and Closure. Earlier in
her career, Ms. Wade was with Newmont managing environmental and
social matters in northern Nevada,
California and at the Yanacocha
Mine in Peru. Ms. Wade holds both
a Bachelor of Science and Master of Science in Environmental
Engineering from Montana Tech in
Butte, Montana. Ms. Wade received
the Alumni Recognition Award in 2014 from Montana Tech in recognition of her professional
accomplishments.
About GoldMining Inc. and U.S. GoldMining Inc.
GoldMining is a public mineral exploration company focused on
acquiring and developing gold assets in the Americas. GoldMining
now controls a diversified portfolio of resource-stage gold and
gold-copper projects in Canada,
the U.S.A., Brazil, Colombia, and Peru through its disciplined acquisition
strategy. The Company also owns over 20 million Gold Royalty Corp.
shares (NYSE American: GROY).
U.S. GoldMining is a wholly owned subsidiary of GoldMining Inc.,
created in February 2022 to focus on
the Whistler Project, a gold-copper exploration project consisting
of at least three known deposits located in the Yentna Mining
District of Alaska, approximately
150 km northwest of Anchorage. Whistler contains Indicated Mineral
Resources of 1.94 million ounces gold, 8.33 million ounces of
silver and 422.0 million pounds of copper (118.2 million tonnes
grading 0.51 g/t gold, 2.19 g/t silver and 0.16% copper) and
Inferred Mineral Resources of 4.67 million ounces gold, 16.06
million ounces silver and 711.4 million pounds of copper (317.0
million tonnes grading 0.46 g/t gold, 1.58 g/t silver and 0.10%
copper) (see technical report titled, "NI 43-101 Mineral Resource
Estimate for the Whistler Project" dated effective June 11, 2021).
Qualified Person
Paulo Pereira, P. Geo., President
of GoldMining, has reviewed and approved the technical information
contained in this news release. Mr. Pereira is a Qualified Person
as defined in National Instrument 43-101.
Forward-looking Statements
This document contains certain forward-looking statements that
reflect the current views and expectations of GoldMining concerning
its expectations regarding its strategy concerning U.S. GoldMining,
its pursuit of an initial public offering, and the advancement of
the Whistler Project. Forward-looking statements are based on the
then-current expectations, beliefs, assumptions, estimates, and
forecasts about the business and the markets in which GoldMining
operates. Investors are cautioned that all forward-looking
statements involve risks and uncertainties, including any
volatility in capital markets and the resource sector generally;
delays to plans caused by restrictions and other future impacts of
COVID-19 or any other inability of the Company to meet expected
timelines; the inherent risks involved in the exploration and
development of mineral properties, fluctuating metal prices,
unanticipated costs and expenses, risks related to government and
environmental regulation, social, permitting and licensing matters,
and uncertainties relating to the availability and prices of
financing needed in the future. These risks and others, including
those outlined in GoldMiningꞌs Annual Information Form for the year
ended November 30, 2021, and other
filings with Canadian securities regulators and the U.S. Securities
and Exchange Commission, could cause actual results and events to
vary significantly. Accordingly, readers should not place undue
reliance on forward-looking statements and information. There can
be no assurance that forward-looking information, or the material
factors or assumptions used to develop such forward-looking
information, will prove to be accurate. The Company does not
undertake any obligations to release publicly any revisions for
updating any voluntary forward-looking statements, except as
required by applicable securities law.
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SOURCE GoldMining Inc.