GoldMining Extends Deep Gold Mineralization and Identifies Large New Target at São Jorge Project in Brazil

GoldMining ( (TSE:GOLD) ) has shared an update.

GoldMining Inc. reported new assay results from its 2025 diamond core drilling program at the São Jorge Project in Brazil, including a deep intercept of 19 metres grading 1.00 g/t gold within a broader 73-metre zone beneath the current resource pit shell, one of the deepest intercepts recorded on the project. Additional shallow mineralized intervals were encountered at the northwest extension of the São Jorge deposit, while 2025 induced polarization geophysical work outlined a more than 1-kilometre-long high chargeability anomaly at the William South target, whose geophysical signature is comparable in scale to the existing deposit and is slated for drilling in 2026. The company completed 9,533 metres of drilling in 2025, above plan and on budget, and says the combined drilling and geophysical data support the potential to extend the known São Jorge resource at depth and along strike and to uncover new discoveries across its large land position in the rapidly emerging Tapajós gold district, potentially strengthening its growth profile and regional footprint.

The most recent analyst rating on (TSE:GOLD) stock is a Buy with a C$2.80 price target. To see the full list of analyst forecasts on GoldMining stock, see the TSE:GOLD Stock Forecast page.

Spark’s Take on TSE:GOLD Stock

According to Spark, TipRanks’ AI Analyst, TSE:GOLD is a Neutral.

The score is held back primarily by persistent losses and significant negative operating/free cash flow despite a strong, low-debt balance sheet. Technicals are neutral-to-soft near term, while valuation is constrained by negative earnings and no dividend. A positive exploration update provides some upside support but does not offset the current financial burn profile.

To see Spark’s full report on TSE:GOLD stock, click here.

More about GoldMining

GoldMining Inc. is a precious metals exploration and development company focused on advancing gold projects, with its São Jorge Project located in the Tapajós gold district of Pará State, Brazil. The São Jorge deposit is a granite-hosted, intrusion-related gold system comparable in style to nearby producing operations, and the company controls a 46,000-hectare land package with multiple gold and multi-metal geochemical anomalies indicating a large regional-scale mineral system.

YTD Price Performance: 51.16%

Average Trading Volume: 508,767

Technical Sentiment Signal: Buy

Current Market Cap: C$545.4M

Learn more about GOLD stock on TipRanks’ Stock Analysis page.