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GoldMining Announces Resource Estimate for the Yellowknife Gold Project, Northwest Territories, Canada

Resource Estimates

GoldMining Announces Resource Estimate for the Yellowknife Gold

Project, Northwest Territories, Canada

Highlights:

Updated mineral resource for the Yellowknife Project includes a

measured and indicated resource of 1,059,000 ounces grading 2.33 g/t gold and an

inferred resource of 739,000 ounces grading 2.47 g/t gold

(Table 1);

This resource estimate increases GoldMining's

aggregated measured and indicated resource to 10,530,000 ounces gold

(13,429,000 ounces gold

equivalent) and

aggregated inferred resource to 12,444,000 ounces gold

(14,896,000 ounces gold equivalent) resulting in a 13% increase in the

measured and indicated categories and an 11% increase in the inferred category across all of its Projects (Table 2);

Extensive historic exploration work completed on the Project including diamond drilling (

231,600 m

in 1,061 holes), underground development (

2,399 m

), bulk

sampling (10,200 t) and positive metallurgical studies;

Project is accessible by permitted winter road extending 95 km north from

Yellowknife

with nearby infrastructure including hydro-electric power, air

transportation, service providers and skilled workforce; and

Located in the mining-friendly jurisdiction of the

Northwest Territories

, home to major mines operated by DeBeers, Rio Tinto, and The Washington

Companies.

VANCOUVER

,

March 4, 2019

/CNW/ - GoldMining Inc. (the "

Company

" or "

GoldMining

") (TSX: GOLD; OTCQX: GLDLF) is pleased to announce an updated

mineral resource estimate for its 100% owned Yellowknife Gold Project (the "Yellowknife Project" or the "Project"),

Northwest Territories, Canada

. The mineral

resource estimate was prepared by SRK Consulting (U.S.), Inc. ("SRK") and includes a measured and indicated resource of 14,108,000 tonnes grading 2.33 g/t

gold (1,059,000 ounces) and an inferred resource of 9,302,000 tonnes grading 2.47 g/t gold (739,000 ounces) using a variable cut-off of 0.5 and 1.5 g/t gold for

pit constrained and underground resources, respectively.

This resource estimate updates the previously disclosed historic estimate completed by the previous owner of the Project, and importantly represents an 18%

increase in the measured and indicated resource grade versus the historic estimate. Since its acquisition of the Project, GoldMining has identified numerous areas

for exploration, as well as additional targets for follow-up within its large land package.

Commenting on today's news release,

Garnet Dawson

, CEO of GoldMining commented,

"The Yellowknife Gold Project is located in the underexplored

Yellowknife Greenstone Belt, host to historic gold mines including the Con and Giant Mines located adjacent to the city of

Yellowknife

and the Discovery Mine,

located on GoldMining's property. Since acquiring the Project, the Company has focused on compiling the large historic database, updating the historic

resource estimate and applying for new Land Use Permits and Water Licence necessary for future exploration programs. With the updated resource estimate

announced today and the necessary government approvals expected in the next few months, the Project is well positioned to advance to the next stage of

economic study."

The Yellowknife Project includes five gold deposits with resource estimates, being Nicholas Lake, Bruce, Ormsby, Goodwin Lake and Clan Lake, which are

located 50 to 95 km north of the city of Yellowknife. Adjacent to the Ormsby deposit, a 50-person winterized camp is accessible by winter road or by air via a

1,000-metre-long gravel airstrip from

Yellowknife

.

Gold mineralization at Nicholas Lake is hosted in a sub-vertical shear zone that strikes east-west across a granodiorite body or within meta-sedimentary rocks in

close proximity of the granodiorite. The shear zone contains quartz-sulphide veins with associated gold mineralization within a zone of silica and sericite altered

granodiorite. The zone measures approximately

125 m

wide, has a strike length of

225 m

and is open at the current explored depth of

450 m

below surface. The

deposit is defined by

27,590 m

of surface and underground diamond drilling in 141 holes and

820 m

of underground development.

The Bruce and Ormsby deposits are hosted in a sub-vertical, northeast striking shear zone along the eastern margin of amphibolite near the contact with adjacent

meta-sedimentary rocks. Quartz-sulphide veins and associated gold mineralization have several orientations typically striking AZ320º to AZ340º and dipping 10º

to 50º to the southwest. The Ormsby deposit varies from 75 to

150 m

in width, has a strike length of 1,000 metres and is open at the current explored depth of

550 m

. The deposits are defined by

157,570 m

of surface and underground diamond drilling in 707 holes and

1,579 m

of underground development.

Goodwin Lake deposit is hosted in a sub-vertical, northeast striking shear zone that cuts gabbroic rocks. Similar to the Bruce and Ormsby deposits, quartz-

sulphide veins and associated gold mineralization within the shear zone have several orientations with more prominent vein sets striking northeast and dipping

steeply parallel to the shear zone and a shallow dipping, cross-cutting vein set that strikes northwest. The deposit varies from 25 to

75 m

in width, has a strike

length of

350 m

and has been intersected in drill holes to a depth of

200 m

, where the deposit remains open. The Goodwin Lake deposit is defined by

5,930 m

of

surface diamond drilling in 28 holes.

Clan Lake deposit is hosted in a sub-vertical, northwest striking shear zone that cuts felsic to mafic meta-volcanic rocks. Quartz-sulphide veins with associated

gold mineralization differ greatly in orientation and overall controls to vein geometry are poorly understood. Veins commonly have haloes of silica and sericite

alteration. The Main Zone at Clan Lake, that is host to the bulk of the resource, ranges from approximately 125 to

250 m

in width, has a strike length of

1,200 m

and has been intersected in drill holes to a depth of

400 m

below surface, where it is still open. A second zone named the 330 Zone has been defined to the

South West of the Main Zone, which dips steeply northeast and has a strike length of possibly

600 m

with an average thickness of less than

5 m

. The Clan Lake

deposit is defined by

40,515 m

of surface diamond drilling in 185 holes.

Sulphide mineralogy at Ormsby, Bruce, Goodwin Lake and Clan Lake consists of pyrrhotite, pyrite and arsenopyrite with minor chalcopyrite, sphalerite and

galena. At Nicholas Lake, sulphide mineralogy includes arsenopyrite, pyrite, pyrrhotite, sphalerite, galena, chalcopyrite and scheelite.

Metallurgical test work has been performed on composite drill holes and bulk samples from the Nicholas Lake, Ormsby and Clan Lake deposits.

Estimation Methodology

The following table sets forth the estimated mineral resource for the Yellowknife Gold Project.

Table 1: Mineral Resource Statement

1

, Yellowknife Gold Project,

Northwest Territories

, SRK Consulting (U.S.), Inc.,

March 1, 2019

2

.

Deposit Type

Deposit Area

Resource Category

Quantity

Average

Contained Metal

000's

Grade

000's

Tonnes

Au g/t

Au Oz

Pit Constrained

Ormsby

3,4

Measured

1,176

2.12

80

Subtotal

1,176

2.12

80

Ormsby

3,4

Indicated

10,568

2.25

766

Bruce

3,4

244

1.85

15

Clan Lake

3,4

0

0.00

0

Nicholas Lake

3,4

1,550

2.72

137

Subtotal

12,362

2.31

917

Subtotal

Measured & Indicated

13,538

2.29

997

Ormsby

3,4

Inferred

1,382

2.30

102

Bruce

3,4

591

1.80

34

Clan Lake

3,4

1,548

1.82

91

Goodwin Lake

3,4

870

1.18

33

Nicholas Lake

3,4

1,073

2.15

74

Subtotal

5,464

1.90

334

Underground

Ormsby

5,6

Indicated

524

3.41

57

Bruce

5,6

37

2.87

3

Clan Lake

5,6

0

0.00

0

Nicholas Lake

5,6

10

2.95

1

Subtotal

571

3.36

62

Ormsby

5,6

Inferred

1,423

3.69

169

Bruce

5,6

502

2.94

48

Clan Lake

5,6

1,226

2.74

108

Nicholas Lake

5,6

687

3.59

80

Subtotal

3,838

3.28

405

All

Total

Measured & Indicated

14,108

2.33

1,059

Total

Inferred

9,302

2.47

739

Table 1 Notes:

1.

Mineral resources are not mineral reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the mineral resources will be converted into mineral reserves.

The estimate of mineral resources may be materially affected by

environmental permitting, legal, title, taxation, sociopolitical, marketing or other relevant issues.

2.

All quantities are rounded to the appropriate number of significant figures; consequently, sums may not add up due to rounding.

3.

Pit constrained resources with reasonable prospects of eventual economic extraction stated above a 0.50 g/t Au cut-off.

4.

Pit optimization is based on an assumed gold price of US$1,500/oz, metallurgical recovery of 90%, mining cost of US$2.00/t and processing and G&A cost of US$23.00/t.

5.

Underground resources with reasonable prospects of eventual economic extraction stated as contained within gold grade shapes above a 1.50 g/t Au cut-off.

6.

Mineral resource tonnage and grade with reasonable prospects of eventual economic extraction are reported as undiluted and reflect a bench height of 3.0 m.

SRK obtained the drill hole databases from archived files used in the 2012 feasibility study mineral resource estimate. The databases were imported into

Seequent Leapfrog® Geo ("Leapfrog") on which SRK performed standard validation tests to ensure the integrity of the database. Geological and mineralized

domains (wireframes) were constructed for each deposit based on surface mapping, core logging and historical records. Geological and gold grade domains

were constructed using three-dimensional implicit and explicit modelling along identified historical mineralization trends.

Wireframes produced in Leapfrog along with the drill hole databases were subsequently imported into Datamine™ Studio RM Software (Datamine™) for block

model estimation. Block models were constructed for each deposit using 3 by 3 by

3 m

block dimensions, similar to the block size used in the 2012 estimate to

reflect the selective mining unit. Gold samples were composited to

1.5 m

in length within each domain that honored the domain boundaries. Erratic high-grade

gold outliers were analyzed at each of the deposits utilizing Phinar Software's X10 software, which were then analyzed both visually and statistically for breaks in

trend. Key breaks in the gold grade were reviewed and the percentage of samples capped, impact on the mean grade, and the reduction in the co-efficient of

variation were noted. Variography was used to model the grade continuity and to determine the search ellipse orientations and dimensions for interpolation at

each deposit.

SRK completed Kriged (Ordinary Kriging), Inverse Distance Squared and Nearest Neighbor estimates for each deposit. Ordinary Kriging was chosen as the

primary estimation method for all deposits except for Clan Lake, which displayed relatively poor geostatistical continuity and inverse distance squared was used

for interpolation. This lower confidence was reflected in the inferred classification of the deposit. Grades were interpolated into each block using a two- or three-

pass estimation methodology using ever increasing search ellipses for each pass. Validation of the model was completed by comparison of the block model and

drill hole grades by visual inspections in section and plan across the deposit.

Resource Classification

Block model quantities and grade estimates for the Project were classified according to the Canadian Institute of Mining, Metallurgy and Petroleum Definition

Standards for Mineral Resources and Mineral Reserves (

May 2014

).

SRK's classification system is similar to that used in the 2012 estimate with adjustments at some deposits based on re-interpretation of geology.

Nicholas Lake

Indicated Mineral Resources were blocks within the modelled veins above the

150 m

elevation that were informed by a minimum of 2 drill holes on either the first

or second search pass.

Inferred Mineral Resources were blocks in the model that do not meet the criteria for Indicated resources and have been informed by a minimum of one drill hole

on the second or third estimation search pass.

Ormsby and Bruce

Measured Mineral Resources (Ormsby only) were blocks informed by a minimum of 2 drill holes within a drill spacing of

12.5 m

and deemed to have sufficient

geological confidence to confirm grade continuity.

Indicated Mineral Resources were blocks informed by a minimum of two drill holes internal to either the Measured or the Indicated classification solids and

estimated on either the first or second estimation pass.

Inferred Mineral Resources were blocks in the model that do not meet the criteria for Measured or Indicated resources and have been informed by a minimum of

one drill hole on the third estimation search pass.

Goodwin Lake

All blocks have been classified as Inferred Mineral Resources due to the relatively wide drill hole spacing.

Clan Lake

All blocks have been classified as Inferred Mineral Resources due to the relatively wide drill hole spacing, lack of geological continuity as displayed in the

variography and during the geological modelling process.

Reasonable prospects for eventual economic extraction of the resource were met by reporting the resource within a conceptual pit shell using a cut-off grade of

0.5 g/t and resources below the pit using a cut-off grade of 1.5 g/t gold. Conceptual pit shells were generated using Maptek Lerchs Grossman software for pit

optimization. The conceptual pit delineated resource is reported within a conceptual pit shell using an assumed gold price of

US$1,500

/oz, metallurgical recovery

of 90%, mining cost of

US$2.00

/t and processing and G&A cost of

US$23.00

/t. Underground resources with reasonable prospects of eventual economic

extraction were stated as those contained within gold grade shapes above a 1.50 g/t Au cut-off.

The SRK 2019 measured and indicated resource has seen a reduction in the in-situ ounces of 38%, but an increase in overall grade of 18%, while the inferred

resource had a 52% increase in the in-situ ounces, but a 6% decrease in overall grade as compared to the SRK 2012 SRK resource estimate. SRK attributes

these changes to more conservative geological modelling, block model interpolation parameters and classification.

Further details regarding the foregoing estimate, including the estimation methods and procedures, will be available in a NI 43-101 Technical Report, which will be

filed on SEDAR (

www.sedar.com

) under the Company's profile within 45 days from the date of this release.

Quality Control – Quality Assurance Program

The above resource estimate was based on drilling programs completed by previous operators. The drill programs incorporated control samples including blanks,

duplicates and standards as part of their Quality Control – Quality Assurance Program. The control samples from the drill programs have been reviewed and

verified by the Qualified Persons (as defined herein) and the assay results were deemed suitable for resource estimation.

Qualified Person

The resource estimate disclosed herein on the Yellowknife Project was prepared for GoldMining by

Ben Parsons

, B.Sc., M.Sc., MAusIMM (CP), of SRK

Consulting (U.S.), Inc. and Mr.

Dominic Chartier

, P.Geo. (APGO #2775 and OGQ #874), of SRK Consulting (

Canada

) Inc. Mr. Parsons and Mr. Chartier are

recognized as qualified persons as defined in Canadian National Instrument 43-101 ("NI 43-101"), are independent of the Company and have reviewed and

approved the disclosure regarding the resource estimate for the Yellowknife Project disclosed herein. Mr. Chartier completed a site visit to the Yellowknife

Project from

September 25 to 26, 2018

.

SRK previously completed a resource estimate on the Project in 2012 as part of a feasibility study for the previous owner. No new exploration work or drilling has

been completed on the Project since the last estimate or the effective date of

March 1, 2019

of this estimate.

Paulo Pereira

, President of GoldMining Inc. has reviewed and approved the technical information contained in this news release. Mr. Pereira holds a Bachelors

degree in Geology from Universidade do Amazonas in

Brazil

, is a Qualified Person as defined in NI 43-101 and is a member of the Association of Professional

Geoscientists of

Ontario

.

Cautionary Note

Investors are cautioned not to assume that any part or all of the mineral deposits in the "measured", "indicated" and "inferred" categories will ever be converted

into mineral reserves with demonstrated economic viability or that inferred mineral resources will be converted to the measured and/or indicated categories

through further drilling. In addition, the estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the

estimation of other categories of resources. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of pre-feasibility or feasibility

studies.

About GoldMining Inc.

GoldMining 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

.

Table 2: GoldMining's Aggregated Mineral Resource Statement across all its Projects

1,2,3

.

Deposit

Cut-off

4

(g/t)

Tonnage

(Mt)

Grade

Contained Metal

Gold

(g/t)

Silver

(g/t)

Copper

(%)

Gold Eq

(g/t)

Gold

(Moz)

Silver

(Moz)

Copper

(Mlbs)

Gold Eq

(Moz)

Measured Resources

Titiribi

5

0.3

51.600

0.49

-

0.17

0.78

0.820

-

195.1

1.290

Yellowknife

13

0.5/1.5

1.176

2.10

-

-

2.10

0.080

-

-

0.080

Total

0.900

-

195.1

1.370

Indicated Resources

Titiribi

5

0.3

234.200

0.51

-

0.09

0.65

3.820

-

459.3

4.930

Sao Jorge

6

0.3

14.420

1.54

-

-

1.54

0.715

-

-

0.715

Cachoeira

7

0.35

17.470

1.23

-

-

1.23

0.692

-

-

0.692

Whistler

8

0.3

110.280

0.50

1.76

0.14

0.79

1.765

6.130

343.1

2.797

La Mina

9

0.25

28.170

0.74

1.77

0.24

1.12

0.667

1.607

150.2

1.013

Crucero

12

0.4

30.653

1.00

-

-

1.00

0.993

-

-

0.993

Yellowknife

13

0.5/1.5

12.933

2.35

-

-

2.35

0.979

-

-

0.979

Total

9.630

7.737

952.7

12.059

Measured and Indicated Resources

Total

10.530

7.737

1,147.8

13.429

Inferred Resources

Titiribi

5

0.3

207.900

0.49

-

0.02

0.51

3.260

-

77.9

3.440

Sao Jorge

6

0.3

28.190

1.14

-

-

1.14

1.035

-

-

1.035

Cachoeira

7

0.35

15.667

1.07

-

-

1.07

0.538

-

-

0.538

Whistler

8

0.3/0.6

311.260

0.47

2.26

0.11

0.68

4.626

22.617

713.5

6.731

La Mina

9

0.25

12.394

0.65

1.75

0.27

1.07

0.260

0.697

73.3

0.427

Boa Vista

10

0.5

8.470

1.23

-

-

1.23

0.336

-

-

0.336

Surubim

11

0.3

19.440

0.81

-

-

0.81

0.503

-

-

0.503

Crucero

12

0.4

35.779

1.00

-

-

1.00

1.147

-

-

1.147

Yellowknife

13

0.5/1.5

9.302

2.47

-

-

-

0.739

-

-

0.739

Total

12.444

23.311

864.7

14.896

Table 2 Notes:

1.

Mineral resources are not mineral reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the mineral resources will be converted into mineral reserves.

The estimate of mineral resources may be materially affected by

environmental permitting, legal, title, taxation, sociopolitical, marketing or other relevant issues.

2.

The above aggregated resource table is provided for informational purposes only and is not intended to represent the viability of any project on a standalone or aggregated basis. The exploration and development of each project, project geology and the assumptions

and other factors underlying each estimate, are not uniform and will vary from project to project. Please refer to the technical report for each respective project, as referenced herein, for detailed information respecting each individual project.

3.

All quantities are rounded to the appropriate number of significant figures; consequently, sums may not add up due to rounding.

4.

Gold cut-off for all projects except for Whistler, which is gold equivalent cut-off.

5.

Notes for Titiribi:

a.

Based on technical report titled "Technical Report on the Titiribi Project Department of Antioquia, Colombia" prepared by Joseph A. Cantor and Robert E. Cameron of Behre Dolbear & Company (USA), Inc., with an effective date of

September 14, 2016,

which is

available at

www.sedar.com

under GoldMiningꞌs SEDAR profile.

b.

Gold equivalent estimated for the Titiribi deposit assumes metal prices of US$1,300/oz gold and US$2.90/lb copper and recoveries of 83% for gold and 90% for copper.

6.

Notes for Sao Jorge:

a.

Based on technical report titled "Technical Report and Resource Estimate on the São Jorge Gold Project, Pará State, Brazil" prepared by Porfirio Rodriguez and Leonardo de Moraes of Coffey Mining Pty Ltd. ("Coffey"), with an effective date of November 22,

2013, which is available at

www.sedar.com

under GoldMiningꞌs SEDAR profile.

7.

Notes for Cachoeira:

a.

Based on technical report titled "Technical Report and Resource Estimate on the Cachoeira Property, Pará State, Brazil" prepared by Gregory Z. Mosher, P.Geo. of Tetratech, Inc. with an effective date of April 17, 2013 and amended and re-stated October 2, 2013,

which is available at

www.sedar.com

under GoldMiningꞌs SEDAR profile.

8.

Notes for Whistler:

a.

Based on technical report titled "Technical Report on the Whistler Project" prepared by Gary Giroux of Giroux Consultants Inc., with an effective date of

March 24, 2016,

which is available at

www.sedar.com

under GoldMiningꞌs SEDAR profile.

b.

The Whistler Project is comprised of three deposits: Whistler, Raintree West and Island Mountain.

c.

Gold equivalent estimated for the Whistler deposit assumes metal prices of US$990/oz gold, US$15.40/oz silver and US$2.91/lb copper and recoveries of 75% for gold and silver and 85% for copper.

d.

Gold equivalent estimated for the Raintree West deposit assumes metal prices of US$1,250/oz gold, US$16.50/oz silver and US$2.10/lb copper and recoveries of 75% for gold, 85% for copper and 75% for silver.

e.

Gold equivalent estimated for the Island Mountain deposit assumes metal prices of US$1,250/oz gold, US$16.50/oz silver and US$2.10/lb copper and recoveries of 75% for gold, 85% for copper and 25% for silver (recovered in copper concentrate).

f.

A gold equivalent cut-off of 0.3 g/t was highlighted in the estimate as a possible open pit cut-off (Whistler, Raintree-shallow and Island Mountain), and a gold equivalent cut-off of 0.6 g/t was highlighted in the estimate as a possible underground cut-off (Raintree-

deep).

9.

Notes for La Mina:

a.

Based on technical report titled "Technical Report on the La Mina Project" prepared by

Scott E. Wilson, C.P.G. of Metals Mining Consultants, Inc. ("MMC") with an effective date of October 24, 2016,

which is available at

www.sedar.com

under GoldMiningꞌs

SEDAR profile.

b.

Gold equivalent estimated for the La Mina project assumes metal prices of US$1,275/oz gold, US$17.75/oz for silver and US$2.75/lb for copper and recoveries of 93% for gold and 90% for copper.

10.

Notes for Boa Vista:

a.

Based on technical report titled "Technical Report on the Boa Vista Project and Resource Estimate on the VG1 Prospect, Tapajos Area, Para State, Northern Brazil" prepared by Jim Cuttle, Gary Giroux and Michael Schmulian, with an effective date of

November 22, 2013, which is available at

www.sedar.com

under GoldMiningꞌs SEDAR profile.

11.

Notes for Surubim:

a.

Based on technical report titled "Technical Report on the Rio Novo Gold Project and Resource Estimate on the Jau Prospect, Tapajos Area, Para State, Northern Brazil" ("Surubim Project") prepared by Jim Cuttle and Gary Giroux, with an effective date of

November 22, 2013, which is available at

www.sedar.com

under GoldMiningꞌs SEDAR profile.

12.

Notes for Crucero:

a.

Pit constrained resource estimate based on US$1,500/oz gold, mining cost of US$1.60/t, processing cost of US$16.00/t and pit slope of 47 degrees.

b.

Based on technical report titled "Technical Report on the Crucero Property, Carabaya Province, Peru" prepared by Greg Z. Mosher with an effective date of December 20, 2017, which is available at

www.sedar.com

under GoldMining's SEDAR profile.

13.

Notes for Yellowknife:

a.

Pit constrained resources with reasonable prospects of eventual economic extraction reported above a 0.50 g/t Au cut-off.

b.

Pit optimization is based on an assumed gold price of US$1,500/oz, metallurgical recovery of 90%, mining cost of US$2.00/t and processing and G&A cost of US$23.00/t.

c.

Underground resources with reasonable prospects of eventual economic extraction stated as contained within gold grade shapes above a 1.50 g/t Au cut-off.

d.

Mineral resource tonnage and grade with reasonable prospects of eventual economic extraction are reported as undiluted and reflect a bench height of 3.0 m.

e.

A technical report documenting the Yellowknife resource estimate, amongst other items, will be filed in due course and will be available at

www.sedar.com

under GoldMining's SEDAR profile.

The above aggregated resource statement is provided for information purposes only. Investors should refer to the underlying technical reports referenced above

for project-specific factors relating to each resource estimate.

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 the Project and statements with respect to the details of the mineral resource estimate.

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

resource estimation and the exploration and development of mineral properties, the uncertainties involved in resource estimation and interpreting drill results

and other exploration data, the potential for delays in exploration or development activities, the geology, grade and continuity of mineral deposits, the possibility

that future exploration, development or mining results will not be consistent with GoldMiningꞌs expectations, accidents, equipment breakdowns, title and

permitting matters, labour disputes or other unanticipated difficulties with or interruptions in operations, fluctuating metal prices, unanticipated costs and

expenses, uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on the Project. These

risks, as well as others, including those set forth in GoldMiningꞌs 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. GoldMining 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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http://www.prnewswire.com/news-releases/goldmining-announces-resource-estimate-for-the-yellowknife-gold-project-northwest-territories-canada-300805382.html

SOURCE

GoldMining Inc.

View original content:

http://www.newswire.ca/en/releases/archive/March2019/04/c2058.html

%SEDAR: 00025119E

For further information:

GoldMining Inc., Amir Adnani, Chairman, Garnet Dawson, CEO, Telephone: (855) 630-1001, Email: [email protected]

CO: GoldMining Inc.

CNW 08:00e 04-MAR-19