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GoldMining Releases Inaugural Sustainability Report

Corporate Updates

GoldMining Releases Inaugural Sustainability

Report

DESIGNATED NEWS RELEASE

VANCOUVER, BC

,

Nov. 7, 2023

/CNW/ - GoldMining Inc. (the "

Company

" or "

GoldMining

") (TSX: GOLD)

(NYSE American: GLDG) is pleased to announce the publication of its inaugural Sustainability Report. This

report presents the Company's approach and performance on sustainability initiatives and outlines sustainability

strategy and goals for the future.

2022 Sustainability Report Highlights

The Company's strong track record in health and safety is exemplified by its achievement of zero medical

aid injuries, lost-time injuries or fatalities.

Provided 250 hours of health, safety and emergency response training to our employees.

GoldMining's focus on recycling water used at active exploration sites achieved a recycling rate of 99%.

100% reclamation of land affected by active drill campaigns and the planting of 500 local species trees at

our São Jorge project in

Brazil

.

Commitment to local stakeholders with 100% of site staff hired in-country, including 68% from surrounding

communities.

The Company's longstanding focus on diversity and inclusion with 43% of Executives & Senior

Management being female and 50% ethnically diverse representation on the Company's board of

directors.

Alastair Still

, Chief Executive Officer, GoldMining states, "Sustainability, specifically acting as a steward to the

environment and our communities, is a core principle to the way we do business and has been foundational to

our strategy as we have accelerated the exploration and advancement of several of our key properties,

positioning us for exceptional growth. In concert with advancement of our portfolio of gold and gold-copper

assets in the Americas, I am exceptionally proud to publish our inaugural Sustainability Report. This Report

allows us to demonstrate our ongoing commitment to the environment, our people, our communities and our

high standard for corporate governance. Further, it allows us to share with our stakeholders our sustainability

goals for the future."

The Sustainability Report is guided by the Company's materiality assessment to better understand the

sustainability related topics relevant to our business and presents sustainability goals that are aligned with the

United Nations'

Sustainable Development Goals

. That is, GoldMining is dedicated to ensuring responsible

exploration practices, which minimize harm to the environment, and create shared value for the local

communities in which we operate.

The full Sustainability Report is available on the Company's website at

www.goldmining.com

. For questions

about the Sustainability Report, please contact

[email protected]

.

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 more than 21 million shares of Gold Royalty Corp. (NYSE American: GROY), 9.8 million

shares of U.S. GoldMining Inc. (Nasdaq: USGO), and 16.6 million shares of NevGold Corp. (TSXV: NAU).

Cautionary Statement on Forward-looking Statements

Certain of the information contained in this news release constitutes "forward-looking information" and

"forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws ("forward-

looking statements"), which involve known and unknown risks, uncertainties and other factors that may cause

the Company's actual results, performance and achievements to be materially different from the results,

performance or achievements expressed or implied therein. Forward-looking statements, which are all

statements other than statements of historical fact, include, but are not limited to, statements respecting the

Company's strategy and business plans. 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, 2022

, and other filings with Canadian securities regulators

and the SEC, could cause actual results and events to vary significantly. Accordingly, readers should not place

undue reliance on forward-looking statements. There can be no assurance that forward-looking statements, or

the material factors or assumptions used to develop such forward-looking statements, will prove to be

accurate. The Company does not undertake to update any forward-looking statements, except in accordance

with applicable securities law.

View original content:

https://www.prnewswire.com/news-releases/goldmining-releases-inaugural-sustainability-report-301979107.html

SOURCE

GoldMining Inc.

View original content:

http://www.newswire.ca/en/releases/archive/November2023/07/c6997.html

%SEDAR: 00031036E

For further information:

GoldMining Inc., Amir Adnani, Co-Chairman; David Garofalo, Co-Chairman; Alastair

Still, CEO, Telephone: (855) 630-1001, Email: [email protected]

CO: GoldMining Inc.

CNW 06:30e 07-NOV-23