| Announcement Date: | 2023-02-28 |
|---|---|
| Announcement Type: | Deposit Estimation |
| Announcement Code: | NI43-101 |
| Company name: | GoldMining Inc. |
| Project name: | Whistler |
| Location: | United States |
| Commodities: | Gold,Silver,Copper |
| Highlight: | Updated Resource Estimate for Project |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | The authors have prepared an updated Mineral Resource Estimate (MRE) for GoldMining Inc. (GoldMining) of the Whistler Project located in Alaska, U.S.A. The Whistler Project resource estimate includes the Whistler, Raintree, and Island Mountain deposits. Mineral Resource Estimate The Whistler Project total Mineral Resource Estimate includes the Whistler, Raintree and Island Mountain deposits and is summarized in Table 1-1 for the base case cut-off grade. Mineral Resources were estimated using the 2019 CIM Best Practice Guidelines and are reported using the 2014 CIM Definition Standards. The MRE utilizes pit shells to constrain resources at the Whistler, Island Mountain, and Raintree West gold-copper deposits, as well as an underground potentially mineable shape to constrain the resource estimate for the deeper portion of the Raintree West deposit. The current estimate has been updated with new metal prices of US$1,600/oz gold price, US$3.25 copper and US$21/oz silver, updated recoveries, smelter terms, costs, as summarized in the notes to Table 1-1. Geologic modelling has also been updated, with drilling and exploration work completed prior to 2016. No additional work was completed on the project after 2016. |
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