VANCOUVER, BC, April 12,
2022 /PRNewswire/ - GoldMining Inc. (the
"Company" or "GoldMining") (TSX: GOLD) (NYSE:
GLDG) is pleased to announce that it has commenced a program
of exploration drilling on the La Garrucha target, located less
than one kilometre to the east and immediately adjacent to the
existing mineral resources on the Company's 100% owned La Mina
project ("La Mina"), located in Antioquia, Colombia.
Alastair Still, CEO of
GoldMining, commented, "The start of our first drilling campaign on
the La Garrucha target at La Mina marks an important milestone for
our Company as we begin to unlock value from our portfolio of gold
and gold-copper projects located throughout the Americas.
This exploration drilling program is designed to test an exciting
target, which we believe has the potential to expand upon the
project's existing resource base and represents an opportunity to
enhance the economics of the recently announced Preliminary
Economic Assessment (see January 12,
2022 news release). We are planning approximately 3,600
metres of drilling in 6 holes with the core to be logged and
sampled at our existing La Mina project facilities. Samples of sawn
core will be transported to ALS Colombia LTDA in Medellín for
assaying."
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.
About GoldMining Inc.
GoldMining Inc. is a public mineral exploration company focused
on the acquisition and development of gold assets in the Americas.
Through its disciplined acquisition strategy, GoldMining 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, including statements
regarding expected work at the Company's La Mina Project and the
expected benefits thereof. 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: delays to
plans caused by restrictions and other future impacts of COVID-19
or any other inability of the Company to meet expected timelines
for planned project activities; results of exploration programs may
not confirm expectations; 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, 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.
