GoldMining Announces Appointment of Alastair Still as Executive VP, Chief Development Officer
GoldMining Announces Appointment of Alastair Still as Executive VP,
Chief Development Officer
VANCOUVER, BC
,
Sept. 21, 2020
/CNW/ -
GoldMining Inc.
(the "Company" or "GoldMining") (TSX: GOLD) (OTCQX: GLDLF) is pleased to announce
the appointment of
Alastair Still
as Executive Vice President, Chief Development Officer of GoldMining and as Director of Technical Services of its
subsidiary, Gold Royalty Corp. ("Gold Royalty") effective
October 1, 2020
.
Garnet Dawson
, CEO of GoldMining, commented: "With over 25 years industry experience including leadership roles with major gold miners, most
recently as Director, Corporate Development with Newmont, Alastair will have an immediate impact at GoldMining, and we are excited to welcome him
to the team. Alastair's diverse background with Agnico Eagle,
Kinross Gold
, Placer Dome, Goldcorp and Newmont in mine operations, project
development and corporate development is the perfect mix of skills and experience as we seek to execute our two-pronged strategy of expanding our
property portfolio of resource stage gold projects through accretive transactions and enhancing value and de-risking the portfolio through potential
development, exploration, and value-driven divestures and joint ventures."
Alastair Still
commented: "During the most recent bear market, the gold industry was forced into under-investment and it was during this tough period
that GoldMining had the foresight to execute many of its acquisitions. As a result of its strategy, it has assembled an impressive portfolio of resource-
stage gold and gold-copper projects in the Americas. With improving gold markets, I believe GoldMining is ideally positioned to now pursue organic
growth opportunities and further accretive acquisitions. I am excited to be joining Garnet, Amir and the GoldMining team and to work with them to further
enhance shareholder value."
Mr. Still is an experienced mining industry professional with over 25 years of expertise including working for major gold miners such as Agnico Eagle,
Kinross Gold
, Placer Dome, Goldcorp and Newmont. He has worked within
Canada
and internationally in a variety of leadership roles including mine
operations, project development and corporate development and strategy. Mr. Still has more than ten years of corporate development and M&A
experience having most recently served as Director, Corporate Development with Newmont Corporation (formerly Goldcorp).
Mr. Still spent three and a half years on an international assignment for Goldcorp as Project Director overseeing project development until first
production of the multi-million ounce
Cerro Negro
gold-silver deposit in
Argentina
. He worked for a number of years in
Timmins, Ontario
as Chief
Geologist for
Kinross Gold
, then Placer Dome, and progressed to become Technical Services Manager for the Porcupine Operations of Goldcorp Inc. In
the early stages of his career, Mr. Still worked as a Project Geologist at the Goldex mine in
Val d'Or, Quebec
(Agnico Eagle) and at the Macassa mine
in
Kirkland Lake, Ontario
becoming the Senior Geologist for
Kinross Gold
.
Mr. Still graduated with a Bachelor of Science (First Class, Honours) from the
University of New Brunswick
and a Master of Science (structural geology)
from Queen's University.
About Gold Royalty Corp.
Gold Royalty Corp., a private wholly-owned subsidiary of GoldMining, is a gold-focused royalty company. Gold Royalty's royalty portfolio is expected to
initially comprise of 0.5% to 2.0% net smelter return ("NSR") royalties on the Company's interest in 14 existing projects with the opportunity to expand
the royalty portfolio through the Company's buy-back rights on existing NSR royalties ranging from 0.5% to 2% held by third-parties on up to 5 of the 14
projects.
About GoldMining Inc.
GoldMining Inc. is a public mineral exploration company focused on the acquisition and development of gold assets in the Americas. Through its
disciplined acquisition strategy, GoldMining now controls a diversified portfolio of resource-stage gold and gold-copper projects in
Canada
,
U.S.A.
,
Brazil
,
Colombia
and Peru. Additionally, GoldMining owns a 75% interest in the Rea Uranium Project, located in the
Western Athabasca
Basin of
Alberta, Canada
.
Forward-looking Statements
This document contains certain forward-looking statements that reflect the current views and/or expectations of GoldMining with respect to its
business and future events, including expectations and future plans respecting each of GoldMining's and Gold Royalty's, business plans and
strategies. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business
and the markets in which GoldMining and Gold Royalty, operate. Investors are cautioned that all forward-looking statements involve risks and
uncertainties, including: the inherent risks involved in the exploration and development of mineral properties, fluctuating metal prices, unanticipated
costs and expenses and uncertainties relating to the availability and costs of financing needed in the future.These risks, as well as others, including
those set forth in GoldMiningꞌs Annual Information Form for the year ended
November 30, 2019
, management's discussion and analysis for the three
months ended
February 29, 2020
and other filings with Canadian securities regulators, could cause actual results and events to vary
significantly. Accordingly, readers should not place undue reliance on forward-looking statements and information. There can be no assurance that
forward-looking information, or the material factors or assumptions used to develop such forward looking information, will prove to be accurate. The
Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as
required by applicable securities law.
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SOURCE
GoldMining Inc.
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For further information:
GoldMining Inc., Amir Adnani, Chairman, Garnet Dawson, CEO, Telephone: (855) 630-1001, Email: [email protected]
CO: GoldMining Inc.
CNW 07:00e 21-SEP-20