GoldMining ( (TSE:GOLD) ) has provided an announcement.
GoldMining Inc. announced the launch of a major exploration program at its São Jorge Project in Brazil, marking the largest exploration initiative in the company’s history. The program includes a planned drilling campaign of up to 5,000 meters, geophysical surveying, and extensive soil sampling to expand the mineral system. The company has already commenced field activities, and recent results have shown promising high-grade gold intercepts, highlighting the potential for new discoveries. This initiative is expected to strengthen GoldMining’s position in the emerging Tapajós gold district and provide significant growth opportunities.
More about GoldMining
GoldMining Inc. is a public mineral exploration company focused on acquiring and developing gold assets in the Americas. The company controls a diversified portfolio of resource-stage gold and gold-copper projects across Canada, the U.S.A., Brazil, Colombia, and Peru.
YTD Price Performance: 5.90%
Average Trading Volume: 439,067
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $169.9M
Learn more about GOLD stock on TipRanks’ Stock Analysis page.