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GoldMining Announces Appointment of Tim Smith as Vice President Exploration and CEO of U.S. GoldMining Inc.

Management Changes

GoldMining Announces Appointment of Tim Smith as Vice President

Exploration and CEO of U.S. GoldMining Inc.

VANCOUVER, BC

,

April 7, 2022

/CNW/ -

GoldMining Inc. (the "

Company

" or "

GoldMining

")

(TSX: GOLD) (NYSE American: GLDG) is pleased to announce the

appointment of

Tim Smith

as Vice President Exploration of the Company and as Chief Executive Officer ("CEO")

of U.S. GoldMining Inc. ("

U.S. GoldMining

")

,

its

recently created subsidiary that

will be focused on advancing the Company's Whistler gold-copper project, located in

Alaska, USA

.

Alastair Still

, Chief Executive Officer of GoldMining commented: "With a proven and successful track record of exploring for gold systems globally for more than

25 years, including as Vice President Exploration for Kaminak Gold where he led the team at the Coffee Gold Deposit in

Yukon, Canada

and which was acquired

by Goldcorp for

C$520 million

in 2016, and as Regional Director Generative Exploration,

North America

for Newmont from

June 2019

to

April 2022

, I am delighted

to welcome Tim to the GoldMining team. As we continue to de-risk and advance our projects to unlock value from within our extensive portfolio of gold and gold-

copper assets within the Americas, Tim's experience in exploration and project development working for junior and major operating mining companies will be a

tremendous benefit to GoldMining as we create value for our shareholders. In particular, the experience Tim brings from leading teams in the north, in

Yukon

will

be a tremendous strength to our newly created subsidiary, U.S. GoldMining as we advance our Whistler gold-copper project in

Alaska

."

Tim Smith

commented: "With an impressive portfolio of gold and gold-copper assets located throughout the Americas, including many with untested exploration

potential, I am excited to be joining the GoldMining team. Especially when combined with the opportunity to develop and lead a team to advance and explore the

Whistler project in

Alaska

, the potential to create and add value for our shareholders is compelling and I enthusiastically look forward to leading the next exciting

phase of growth for the Company."

Mr. Smith has more than 25 years mineral industry exploration and mining experience, principally exploring for gold mineral systems including orogenic lode gold,

porphyry, intrusion related and volcanogenic massive sulphide systems at locations throughout

Australia

and

Canada

. Mr. Smith is experienced in exploration

project management from generative greenfields to deposit drill-out to feasibility studies. Mr. Smith has a track record of discovery of major gold systems

including as Vice President Exploration for Kaminak Gold Corporation where he led the team at the Coffee Gold Deposit in

Yukon, Canada

and which was

acquired by Goldcorp Inc., for

C$520 million

in 2016. Mr. Smith was Regional Director Generative Exploration,

North America

for Newmont Corporation from

June

2019

to

April 2022

and Exploration Director, Goldcorp Inc., from

August 2016

to

June 2019

.

Mr. Smith is a Registered Professional Geoscientist with Professional Geoscientists Ontario and Engineers and Geoscientists British Columbia and holds a

Bachelor of Science and Master of Science in Geology from University of

Canterbury, New Zealand

. Mr. Smith was a co-recipient of the Association for Mineral

Exploration British Columbia H.H "Spud" Huestis Award for excellence in prospecting and mineral exploration in 2013, for the drill discovery of the Coffee Gold

Deposit.

About GoldMining Inc.

The Company is a public mineral exploration company focused on the acquisition and development of gold assets in the Americas. Through its disciplined

acquisition strategy, the Company now controls a diversified portfolio of resource-stage gold and gold-copper projects in

Canada

,

U.S.A.

,

Brazil

,

Colombia

and

Peru

. The Company also owns 20 million shares of Gold Royalty Corp. (NYSE American: GROY).

Forward-looking Statements

This document contains certain forward-looking statements that reflect the current views and/or expectations of GoldMining with respect to its plans to advance

and de-risk its projects. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the

business and the markets in which GoldMining operates. 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, risks related to

government and environmental regulation, social, permitting and licensing matters, 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, 2020

, and other

filings with Canadian securities regulators and the U.S. Securities and Exchange Commission, 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.

View original content:

https://www.prnewswire.com/news-releases/goldmining-announces-appointment-of-tim-smith-as-vice-president-exploration-and-ceo-of-us-goldmining-inc-301520466.html

SOURCE

GoldMining Inc.

View original content:

http://www.newswire.ca/en/releases/archive/April2022/07/c4045.html

%SEDAR: 00031036E

For further information:

Please contact: GoldMining Inc., Amir Adnani, Chairman, Alastair Still, CEO, Telephone: (855) 630-1001, Email: [email protected]

CO: GoldMining Inc.

CNW 16:30e 07-APR-22