VANCOUVER, BC, April 7,
2022 /PRNewswire/ - GoldMining Inc. (the
"Company" or "GoldMining") (TSX: GOLD) (NYSE
American: GLDG) is pleased to announce the appointment of
Tim Smith as Vice President
Exploration of the Company and as Chief Executive Officer ("CEO")
of U.S. GoldMining Inc. ("U.S. GoldMining"),
its recently created subsidiary that will be
focused on advancing the Company's Whistler gold-copper project,
located in Alaska, USA.
Alastair Still, Chief Executive
Officer of GoldMining commented: "With a proven and successful
track record of exploring for gold systems globally for more than
25 years, including as Vice President Exploration for Kaminak Gold
where he led the team at the Coffee Gold Deposit in Yukon, Canada and which was acquired by
Goldcorp for C$520 million in 2016,
and as Regional Director Generative Exploration, North America for Newmont from June 2019 to April
2022, I am delighted to welcome Tim to the GoldMining team.
As we continue to de-risk and advance our projects to unlock value
from within our extensive portfolio of gold and gold-copper assets
within the Americas, Tim's experience in exploration and project
development working for junior and major operating mining companies
will be a tremendous benefit to GoldMining as we create value for
our shareholders. In particular, the experience Tim brings from
leading teams in the north, in Yukon will be a tremendous strength to our
newly created subsidiary, U.S. GoldMining as we advance our
Whistler gold-copper project in Alaska."
Tim Smith commented: "With an
impressive portfolio of gold and gold-copper assets located
throughout the Americas, including many with untested exploration
potential, I am excited to be joining the GoldMining team.
Especially when combined with the opportunity to develop and lead a
team to advance and explore the Whistler project in Alaska, the potential to create and add value
for our shareholders is compelling and I enthusiastically look
forward to leading the next exciting phase of growth for the
Company."
Mr. Smith has more than 25 years mineral industry exploration
and mining experience, principally exploring for gold mineral
systems including orogenic lode gold, porphyry, intrusion related
and volcanogenic massive sulphide systems at locations throughout
Australia and Canada. Mr. Smith is experienced in
exploration project management from generative greenfields to
deposit drill-out to feasibility studies. Mr. Smith has a track
record of discovery of major gold systems including as Vice
President Exploration for Kaminak Gold Corporation where he led the
team at the Coffee Gold Deposit in Yukon,
Canada and which was acquired by Goldcorp Inc., for
C$520 million in 2016. Mr. Smith was
Regional Director Generative Exploration, North America for Newmont Corporation from
June 2019 to April 2022 and Exploration Director, Goldcorp
Inc., from August 2016 to
June 2019.
Mr. Smith is a Registered Professional Geoscientist with
Professional Geoscientists Ontario and Engineers and Geoscientists
British Columbia and holds a Bachelor of Science and Master of
Science in Geology from University of Canterbury, New Zealand. Mr. Smith was a
co-recipient of the Association for Mineral Exploration British
Columbia H.H "Spud" Huestis Award for excellence in prospecting and
mineral exploration in 2013, for the drill discovery of the Coffee
Gold Deposit.
About GoldMining Inc.
The Company is a public mineral exploration company focused on
the acquisition and development of gold assets in the Americas.
Through its disciplined acquisition strategy, the Company now
controls a diversified portfolio of resource-stage gold and
gold-copper projects in Canada,
U.S.A., Brazil, Colombia and Peru. The Company also owns 20 million shares
of Gold Royalty Corp. (NYSE American: GROY).
Forward-looking
Statements
This document contains certain forward-looking statements
that reflect the current views and/or expectations of GoldMining
with respect to its plans to advance and de-risk its projects.
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: 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 costs of financing needed in the future. These risks, as well
as others, including those set forth in GoldMiningꞌs Annual
Information Form for the year ended November
30, 2020, 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.