| Announcement Date: | 2023-02-28 |
|---|---|
| Announcement Type: | PEA |
| Announcement Code: | NI43-101 |
| Company name: | GoldMining Inc. |
| Project name: | La Mina |
| Location: | Colombia |
| Commodities: | Gold,Silver,Copper |
| Highlight: | PEA result incl. Post Tax NPV (5%) of USD $231.47M & IRR of 14.5% |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | The La Mina property consists of two concession contracts and two concession contract applications located in the Department of Antioquia, Republic of Colombia, South America. GoldMining Inc. (“GoldMining”) owns the property through its wholly owned subsidiary, Bellhaven Copper & Gold Inc. (“Bellhaven”) which in turn owns the property through its wholly-owned Colombian subsidiaries Bellhaven Exploraciones Sucursal Colombia (“Bellhaven Exploraciones”) and La Mina Fredonia S.A.S. (formerly Aurum Exploration Inc. Colombia). GoldMining announced on May 30, 2017 that it completed the acquisition of Bellhaven by way of a plan of arrangement pursuant to an arrangement agreement between the parties dated April 11, 2017. Bellhaven acquired its first exploration license by entering into an earn-in agreement in mid-2010 to acquire 80% of the mineral rights |
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