GoldMining Inc Unveils New Exploration Targets at São Jorge

Exploring New Prospects in the São Jorge Project

GoldMining Inc. (TSX: GLDG) is thrilled to share exciting developments from its São Jorge Project, located in the heart of Brazil's Tapajós gold district. This project marks a significant step forward, as initial assay results from the 2025 drilling program have confirmed several new mineralized targets. The comprehensive exploration program is set to uncover potential resources in areas not previously evaluated, showcasing the company's commitment to expanding its gold assets.

Highlights of the Initial Findings

The results from the initial drilling program reveal exploration discoveries across four new gold prospects within a 3.5-kilometer radius of the established São Jorge deposit. The highlights of these findings include:

• Dragon West: Reporting significant intercepts with highlights of 1 meter at 5.98 grams per tonne gold.
• William North: A notable intercept of 1 meter at 2.90 grams per tonne gold from 49 meters depth.
• Ivonette: Displays varying grades, including 9 meters at 0.43 grams per tonne gold.
• William South: An intercept of 4 meters at 1.78 grams per tonne gold from 12 meters depth.

Extensive Drilling Operations Underway

To date, the company has successfully completed 8,514 meters of drilling, including a mix of diamond core, reverse circulation, and auger drilling. The introduction of reverse circulation drilling, which offers a cost-effective method to sample multiple shallow targets, represents a significant advancement in their exploration methodology.

GoldMining Inc is poised for a resurgence in exploration activities, with plans to resume reverse circulation drilling shortly. This ongoing effort aims to further delineate the mineralization identified in new discoveries, as well as explore additional surface geochemical anomalies that support further drilling.

Geophysical Surveys and Quality Control Measures

GoldMining's commitment to quality assurance is evident in its rigorous exploration programs. Ongoing geophysical surveys, including Induced Polarization (IP) techniques, provide valuable data for interpreting subsurface conditions. The use of drone imagery and LiDAR technologies enhances overall mapping efforts, ensuring a thorough understanding of the geological landscape.

CEO Insights on Future Prospects

Alastair Still, CEO of GoldMining, expressed enthusiasm regarding these promising findings, stating that the assay results from the exploration program validate the significant potential that lies within the São Jorge Project. The ongoing initiatives are centered on enhancing resource estimates and capitalizing on the excellent infrastructure available, including camps and access to energy sources that facilitate exploration activities.

Conclusion and Future Outlook

GoldMining Inc.'s Sao Jorge project is on the brink of new discoveries, potentially revolutionizing the landscape of gold extraction in the region. With a focused exploration strategy and continuous advancements in their methodologies, the company looks to capitalize on the rich geological setting and expand its resource base significantly.

Frequently Asked Questions

What are the main findings from GoldMining's São Jorge Project?

The initial drilling results revealed several new mineralized targets, including promising intercepts at Dragon West, William North, Ivonette, and William South.

What is the significance of the drilling program?

The program represents a substantial expansion of GoldMining's exploration efforts, targeting areas previously unexplored to uncover additional gold resources.

How much drilling has been completed so far?

GoldMining has completed a total of 8,514 meters of drilling in the 2025 exploration program.

What technologies are being used in the exploration process?

The company employs a mix of drilling techniques, including diamond core, reverse circulation, and auger drilling, along with geophysical surveys and advanced mapping technologies.

What does the future hold for the São Jorge Project?

With ongoing drilling and exploration efforts, GoldMining aims to delineate additional resources and enhance its overall position in the gold sector.

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