GoldMining Inc. Launches Explosive Exploration on São Jorge
GoldMining Inc. Launches Detailed Exploration at São Jorge
GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD) (NYSE American: GLDG) has embarked on an ambitious exploration campaign at the São Jorge Project in the Tapajós gold district. This initiative marks the largest exploration undertaking in the Company’s history, as they mobilize state-of-the-art drilling equipment and a skilled geological team. The São Jorge Project, fully owned by GoldMining, illustrates the Company’s commitment to advancing its gold assets.
Overview of the São Jorge Exploration Program
The program is set to include a diamond core drilling campaign of up to 5,000 meters, with additional auger drilling extending to 3,000 meters depending on preliminary results. Furthermore, the initiative encompasses a soil sampling project aiming to gather up to 6,000 samples, thereby ensuring a comprehensive understanding of the mineral landscape. To bolster geological insights, an airborne Lidar survey and ground geophysics, including Induced Polarisation (IP), will be integral to the strategy.
Strategic Location and Infrastructure
All field activities are to be conducted from an established 35-person exploration camp, strategically located near paved Highway 163 to facilitate swift access to resources and logistics. This setup allows GoldMining to capitalize on an efficient supply chain while maintaining focus on the exploration objectives.
Leadership Vision
Alastair Still, Chief Executive Officer of GoldMining, expresses enthusiasm regarding the commencement of this expansive exploration program. He notes, “We are excited to be back in the field at São Jorge conducting the largest exploration program in the 14+ year history of our Company. Our robust infrastructure, along with systematic drilling, positions us perfectly to assess and expand the gold potential of this highly prospective property.”
Delving Into the São Jorge Gold Project
The São Jorge Gold Project is strategically situated within the Tapajós gold district in the Amazon Craton's south-central region. As a granite-hosted, intrusion-related gold deposit, it showcases similarities to the renowned Tocantinzinho gold deposit located around 80 kilometers away. Over the past two years, exploratory efforts have defined a promising landscape characterized by geochemical anomalies, indicating a substantial mineral system with a substantial geochemical footprint.
2025 Exploration Goals
Field activities are already underway, including vital soil sampling and mapping efforts. The mobilization of drill rigs and personnel has also commenced, initiating the diamond core drilling program for the 2025 season. The Company plans to employ two diamond core drill rigs provided by Layne do Brasil Sondages S.A., the same contractor that successfully completed the previous year’s drilling program without any safety or environmental incidents.
Upcoming Drilling Targets
The initial drilling program aims to target extensions of known limits along both the northwest and southeast trends. Preliminary results may lead to additional step-out drill holes to further explore the prospective structural corridors identified. Following stellar intercepts from earlier auger drilling at the William South prospect, the program will also delve deeper into these targets, marking a significant opportunity to discover new gold deposits.
Understanding GoldMining Inc.
GoldMining Inc. is dedicated to the acquisition and development of gold projects throughout the Americas. With a diversified portfolio spanning Canada, the U.S., Brazil, Colombia, and Peru, the Company uses a disciplined approach to resource acquisition, ensuring a steady pipeline of potential gold assets.
Qualified Expertise
Paulo Pereira, P.Geo., current President of GoldMining, oversees the scientific and technical aspects of the São Jorge initiative. His expertise not only enhances the project but also solidifies GoldMining’s commitment to meeting stringent disclosure standards per NI 43-101 regulations.
Frequently Asked Questions
What is the São Jorge Project?
The São Jorge Project is a significant gold exploration initiative by GoldMining Inc. located in the Tapajós gold district, Brazil.
What does the exploration program include?
The program encompasses diamond core drilling, auger drilling, soil sampling, and geophysical surveys to identify mineral resources.
How extensive is the drilling campaign?
The drilling campaign aims for up to 5,000 meters of diamond core drilling and 3,000 meters of auger drilling.
Who is leading the exploration efforts?
The exploration efforts are led by Alastair Still, the CEO of GoldMining, highlighting the Company’s focus on advancement and innovation.
What is the Company’s strategy moving forward?
GoldMining aims to expand its exploration activities and continue to develop its portfolio of gold assets across multiple regions.
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