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GoldMining ( (TSE:GOLD) ) has provided an update.
On March 30, 2026, GoldMining Inc. announced it has started a fully funded, exploration-focused drill campaign at its 100%-owned São Jorge gold project in the Tapajós district of Pará State, Brazil. The 8,000‑metre, two‑rig program will systematically follow up high‑priority targets near the existing São Jorge deposit and test new bedrock mineralization zones, including the William South target where earlier 2025 drilling returned encouraging gold intercepts.
The company is also significantly expanding geophysical coverage with an induced polarization survey over 49 line‑kilometres east of the main deposit, building on a 12 km by 7 km footprint of surface geochemical anomalies that outline a large emerging mineral system. With established infrastructure such as grid power, highway access and a 50‑person camp already in place, the program is positioned to potentially enhance São Jorge’s mineral resource base and strengthen GoldMining’s growth profile in one of Brazil’s most prolific historic gold districts.
The most recent analyst rating on (TSE:GOLD) stock is a Sell with a C$1.50 price target. To see the full list of analyst forecasts on GoldMining stock, see the TSE:GOLD Stock Forecast page.
Spark’s Take on GOLD Stock
According to Spark, TipRanks’ AI Analyst, GOLD is a Neutral.
The score is held down primarily by weak fundamentals (no revenue, ongoing losses, and continued cash burn) and bearish technicals (below key moving averages with negative MACD), partially offset by a strong low-debt balance sheet and positive corporate progress on leadership and project milestones.
To see Spark’s full report on GOLD stock, click here.
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, pursuing a strategy of disciplined acquisitions in established and emerging mining districts.
YTD Price Performance: -9.88%
Average Trading Volume: 730,233
Technical Sentiment Signal: Buy
Current Market Cap: C$331.3M
For detailed information about GOLD stock, go to TipRanks’ Stock Analysis page.