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GoldMining ( (TSE:GOLD) ) just unveiled an announcement.
On January 6, 2026, GoldMining Inc. reported additional reverse circulation drill results from its 2025 exploration program at the 100%-owned São Jorge Project in Pará State, Brazil, highlighting promising new gold intercepts at the William South prospect, located 1.5 km north of the existing São Jorge deposit. The 2025 program safely completed 9,533 metres of drilling on budget and confirmed multiple >1 g/t gold intersections at four target areas, with new William South results including 12 metres grading 2.38 g/t gold from 13 metres depth, including 1 metre at 22 g/t. Preliminary induced polarization data show that drilling to date has only tested the southern flank of a broad chargeability anomaly at William South that is comparable in scale and intensity to the known São Jorge deposit, suggesting significant untested potential along strike and at depth. Together with pending assays from other targets and further geophysical and core drilling work, the results underscore the broader discovery potential across the 46,000-hectare São Jorge mineral system and may strengthen GoldMining’s pipeline of potential future resources in the rapidly emerging Tapajós gold district.
The most recent analyst rating on (TSE:GOLD) stock is a Hold with a C$2.00 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 across the Americas. The company’s portfolio includes the 100%-owned São Jorge gold project in Brazil’s Tapajós gold district, where it targets intrusion-related gold systems supported by established infrastructure, including highway access, grid power and an existing exploration camp.
Average Trading Volume: 660,514
Technical Sentiment Signal: Buy
Current Market Cap: C$369.2M
Learn more about GOLD stock on TipRanks’ Stock Analysis page.