GoldMining Inc. Announces Board Appointments For U.S. GoldMining Inc.
GoldMining Inc. Announces Board Appointments For U.S.
GoldMining Inc.
VANCOUVER, BC
,
May 23, 2022
/CNW/ - GoldMining Inc. (the "
Company
" or "
GoldMining
") (TSX: GOLD) (NYSE American:
GLDG) is pleased to announce appointments to the Board of Directors (the "
Board
") of U.S. GoldMining Inc., ("
U.S.
GoldMining
"), a subsidiary of the Company created to advance the Whistler Gold-Copper Project, located in
Alaska, USA
on a
standalone basis (see news release
February 28
, 2022).
The U.S. GoldMining Board will initially be comprised of six individuals, who are each highly experienced in their respective
disciplines. The U.S. GoldMining Board consists of:
Two members of GoldMining's current executive management team and board of directors:
Alastair Still
, an experienced mining industry professional with over 25 years of experience and the CEO of GoldMining.
Mr. Still will act as
Chairman
of U.S. GoldMining Inc.
Garnet Dawson
, a professional geologist with 40 years of global experience. Mr. Dawson recently retired as CEO of
GoldMining and remains an active serving Director of GoldMining.
Four independent directors:
Aleksandra Bukacheva
, a capital markets and finance professional focused on the metals and mining industry. Ms.
Bukacheva brings a wealth of experience as a former top-ranked equity research analyst for BMO Capital Markets and
spent seven years in investment research (2010-2016) with coverage of more than 50 mining companies. She has also
served in executive and director roles for several private and public resource companies throughout her career.
Laura (Laurie) Schmidt
, whose primary home is in
Alaska
, is a global executive with over 30 years of experience in the
resource industry. Ms. Schmidt has held numerous senior positions with Shell, including as V.P.
Alaska
.
Dr.
Ross Sherlock
, a professional geologist with more than 30 years' experience, including senior positions with
Kinross
and Gold Fields. Dr. Sherlock is currently Professor and Director of the Mineral Exploration Research Centre at
Laurentian University
, in
Sudbury, Ontario
.
Lisa Wade
, an environmental engineer with over 25 years of experience in the mining industry including as former Vice
President, Environmental, Reclamation and Closure for Goldcorp. Ms. Wade is currently a director of Gold Standard
Ventures and on the Montana Tech Alumni Industrial Advisory Board.
Amir Adnani
, Chairman of GoldMining commented: "We are pleased to have such a strong and diverse Board of Directors
leading our newest entity, U.S. GoldMining Inc. The U.S. GoldMining Board of Director's bring immense knowledge and
experience in their respective disciplines, encompassing the critical technical, social, operating and capital market experience
required to successfully steer the growth of our Whistler Project and build value for all stakeholders. "
Alastair Still
, Chairman of U.S. GoldMining and CEO of GoldMining, commented: "With these Board appointments and recent
key additions to the executive management team, U.S. GoldMining is working towards becoming a standalone entity, through a
potential initial public offering. The U.S. GoldMining team is excited to progress its strategy of unlocking value from the Whistler
Project, an expansive 170 square kilometer land package with Indicated Resources of 3.0 million gold equivalent ounces and
Inferred Resources of 6.5 million gold equivalent ounces. We look forward to providing further updates on U.S. GoldMining's
progress in the coming months."
U.S. GoldMining Board of Director's Profiles:
Alastair Still
, P.Geo., Chairman
Mr. Still is an experienced mining industry professional with over 25 years of experience including working for major gold miners
such as Newmont Corporation, Goldcorp Inc., Placer Dome Inc., and Kinross Gold Corporation and is currently Chief Executive
Officer of GoldMining Inc. and Director of Technical Services for Gold Royalty Corp. He has worked within
Canada
and
internationally in a variety of leadership roles in mine operations and project development including as Project Director leading the
acquisition, permitting and construction of the Cerro Negro gold mine in
Argentina
which produced over half a million ounces of
gold in its first full year of production. Mr. Still has extensive experience in corporate development having previously served as
Director, Corporate Development with Newmont Corporation (formerly Goldcorp), and most recently as Executive Vice
President, Chief Development Officer for GoldMining. 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. Mr. Still serves on the
Technical Advisory Committee of Geoscience BC and is a member of Professional Engineers and Geoscientists British Columbia
and Professional Geoscientists Ontario.
Aleksandra Bukacheva, C.F.A.
Ms. Bukacheva is a capital markets and finance professional focused on the metals and mining industry. Ms. Bukacheva is
currently a member of the Board of Directors of Montage Gold Corp. and Probe Metals Inc. and was an independent director at
Battle North Gold Corporation prior to its acquisition by Evolution Mining Limited in 2021. Ms. Bukacheva was Executive Vice
President, Corporate Development of Element 29 Resources Inc., a junior explorer focused on copper resource development in
Peru
from
September 2018
until
November 2020
. She was also a director of Gippsland Prospecting Pty. Ltd., a private
Australian company, which was sold to Battery Minerals Limited in
October 2020
. Ms. Bukacheva brings with her a wealth of
capital markets and finance experience. Ms. Bukacheva was previously a top-ranked Equity Research Analyst for BMO Capital
Markets and spent seven years in investment research (2010–2016) with coverage of more than 40 mining companies. Ms.
Bukacheva received her Master of Science at the
London School of Economics and Political Science
in 2005. She also achieved
a Certificate in Mining Studies at the
University of British Columbia
in 2016 and holds a Chartered Financial Analyst designation.
Garnet Dawson
, P.Geo.
Mr. Dawson is a geologist with 40 years of experience in the exploration and mining business working with senior and junior
mining companies in the Americas,
Europe
,
Africa
and
China
. He has held executive roles with several Canadian mining
companies including Chief Executive Officer of GoldMining, Vice President, Exploration of Brazilian Gold Corporation and Vice
President, Exploration of EuroZinc Mining Corporation. He has led teams that have added significant resources and reserves at
the Neves Corvo and Aljustrel copper and zinc mines in
Portugal
(Lundin/EuroZinc), São Jorge project (Brazilian Gold) and more
recently through acquisition of resource stage gold projects at GoldMining. Prior to joining EuroZinc, he consulted internationally
and held a number of positions with Battle Mountain Canada Inc., British Columbia Geological Survey and Esso Minerals Canada
Ltd. He currently serves as a Director of GoldMining and Freegold Ventures Limited which is actively exploring on the Golden
Summit project in
Alaska
. Mr. Dawson is a registered Professional Geologist with Engineers & Geoscientists British Columbia
and holds a Bachelor of Science degree in Geology from the
University of Manitoba
and a Master of Science degree in Economic
Geology from the
University of British Columbia
.
Laura (Laurie) Schmidt P.E
.
Ms. Schmidt is a global executive with over 30 years of worldwide experience in the oil/gas/new energy industry in Shell. She
currently works in Supply Chain in Shell's Upstream Directorate. Ms. Schmidt has held numerous senior positions including V.P.
Shell
Alaska
, V.P. Safety & Environment for Shell's Integrated Gas & New Energies Directorate, Head of Audit for Shell's
Upstream and Projects & Technology Directorates, as well as engineering and operations positions. Ms. Schmidt holds a
Bachelor of Science (cum laude) in Mechanical Engineering from
Virginia Tech
, a Master of Science in Environmental
Engineering, and a Doctor of Jurisprudence (magna cum laude) from the
University of Houston
. She is a licensed Professional
Engineer, licensed US Patent Attorney, and a licensed attorney in
Colorado
and
Texas
. She is a Member of the Chartered
Institute of Procurement and Supply. After attending INSEAD's International Directors Program, she obtained a Certificate in
Corporate Governance. She is also an alumnus of
Stanford's
Directors College and
Harvard Business School's
Women on
Boards Program. She has lived and worked in numerous countries and has maintained her primary home in
Alaska
since 2015.
Ross Sherlock
, P.Geo.
Dr. Sherlock is a professional geologist with over 30 years of experience in the mining industry and academic research. He has
held senior positions with major mining companies including Vice President, Geoscience at Kinross Gold Corp., Exploration
Manager,
North America
at Gold Fields Ltd., and Project Manager & Senior Geologist at Miramar Mining Corporation/Newmont
Mining Corporation. Prior to this, he was a Research Geoscientist at the Geological Survey of
Canada
and Senior Geologist at
SRK Consulting Engineers. He has led teams that are responsible for a number of new discoveries and significant reserve and
resource addition while working with Kinross Gold Corp., Gold Fields and Miramar Mining Corporation. He has extensive
experience in greenfield and brownfield exploration, including the Fort Knox Mine,
Alaska
. Dr. Sherlock completed a Post-
Doctoral Fellowship at the University of British Columbiaꞌs Mineral Deposits Research Unit, PhD at the
University of Waterloo
,
MSc at
Lakehead University
, and BSc (Honours) at
McMaster University
,
Canada
. He is a member of Professional Engineers
and Geoscientists British Columbia and Professional Geoscientists Ontario.
Lisa Wade
Ms. Wade is an environmental engineer with over 25 years of experience in the mining industry. Ms. Wade has held
environmental engineering, community relations, permitting, managerial and executive positions with a number of mining
companies. From 2005 to 2019, Ms. Wade held increasingly senior positions at Goldcorp Inc., in
Central America
and then as
Vice President, Environmental, Reclamation and Closure. Earlier in her career, Ms. Wade was with Newmont managing
environmental and social matters in northern
Nevada
,
California
and at the Yanacocha Mine in
Peru
. Ms. Wade holds both a
Bachelor of Science and Master of Science in Environmental Engineering from
Montana Tech
in
Butte, Montana
. Ms. Wade
received the Alumni Recognition Award in 2014 from
Montana Tech
in recognition of her professional accomplishments.
About GoldMining Inc. and U.S. GoldMining Inc.
GoldMining is a public mineral exploration company focused on acquiring and developing gold assets in the Americas. GoldMining
now controls a diversified portfolio of resource-stage gold and gold-copper projects in
Canada
, the
U.S.A.
,
Brazil
,
Colombia
, and
Peru
through its disciplined acquisition strategy. The Company also owns over 20 million Gold Royalty Corp. shares (NYSE
American: GROY).
U.S. GoldMining is a wholly owned subsidiary of GoldMining Inc., created in
February 2022
to focus on the Whistler Project, a
gold-copper exploration project consisting of at least three known deposits located in the Yentna Mining District of
Alaska
,
approximately 150 km northwest of Anchorage. Whistler contains Indicated Mineral Resources of 1.94 million ounces gold, 8.33
million ounces of silver and 422.0 million pounds of copper (118.2 million tonnes grading 0.51 g/t gold, 2.19 g/t silver and 0.16%
copper) and Inferred Mineral Resources of 4.67 million ounces gold, 16.06 million ounces silver and 711.4 million pounds of
copper (317.0 million tonnes grading 0.46 g/t gold, 1.58 g/t silver and 0.10% copper) (see technical report titled, "NI 43-101
Mineral Resource Estimate for the Whistler Project" dated effective
June 11
, 2021).
Qualified Person
Paulo Pereira
, P. Geo., President of GoldMining, has reviewed and approved the technical information contained in this news
release. Mr. Pereira is a Qualified Person as defined in National Instrument 43-101.
Forward-looking Statements
This document contains certain forward-looking statements that reflect the current views and expectations of GoldMining
concerning its expectations regarding its strategy concerning U.S. GoldMining, its pursuit of an initial public offering, and the
advancement of the Whistler Project. 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 any volatility in capital markets and the
resource sector generally; delays to plans caused by restrictions and other future impacts of COVID-19 or any other inability of
the Company to meet expected timelines; 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 prices of financing needed in the future. These
risks and others, including those outlined in GoldMiningꞌs Annual Information Form for the year ended
November 30, 2021
, 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.
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SOURCE
GoldMining Inc.
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http://www.newswire.ca/en/releases/archive/May2022/24/c9401.html
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For further information:
For additional information, please contact: GoldMining Inc., Amir Adnani, Chairman, Alastair Still, CEO,
Telephone: (855) 630-1001, Email: [email protected]
CO: GoldMining Inc.
CNW 07:00e 24-MAY-22