GoldMining Reports New Drill Results Highlighting Exploration Potential at São Jorge Project, Pará State, Brazil
GoldMining Reports New Drill Results Highlighting Exploration Potential at
São Jorge Project, Pará State, Brazil
VANCOUVER, BC
,
Jan. 6, 2026
/CNW/ - GoldMining Inc. (the "
Company
" or "
GoldMining
") (TSX: GOLD) (NYSE American: GLDG) is pleased to report
additional assay results from the 2025 RC drilling program at its 100% owned São Jorge Project ("
São Jorge
" or the "
Project
") in the Tapajós gold district
("
Tapajós
"), Pará State,
Brazil
. New exploration results further support the initial drilling results that identified exploration discoveries at four new gold prospects,
including at the
William South
prospect located approximately 1.5 kilometre ("
km
") north of the existing São Jorge deposit (the "
Deposit
") (see news release
October 20
, 2025).
The reverse circulation ("
RC
") drilling results detailed in this release comprise the continuation of the William South drilling program ("
the Program
"), a high priority
part of the broader 2025 São Jorge Project exploration program which the Company designed to test new targets outside of the known areas of mineralization.
Highlights:
William South RC Drilling Results:
12 metres (
"
m
"
) at 2.38 grams per tonne (
"
g/t
"
) gold (
"
Au
"
) from
13 m
depth, including
1 m
at 22 g/t Au (SJRC-048-25)
4 m
at 1.11 g/t Au from
46 m
depth (SJRC-049-25)
1 m
at 1.23 g/t Au from
16 m
depth (SJRC-047-25)
Preliminary processing of Induced Polarisation ("
IP
") data indicates drilling completed at William South to date has only tested the southern flank of a broad
chargeability anomaly, which is similar in scale and intensity to the known IP signature of the São Jorge Deposit.
Drilling over the highest chargeability core of the William South IP anomaly is planned in 2026.
A total of 9,533 metres of drilling was safely and successfully completed on-budget during 2025.
Exploration results received to date support the broader potential for discovery and delineation of new zones of mineralization across the 46,000 hectare São
Jorge Project.
Alastair Still
, Chief Executive Officer of GoldMining, commented:
"GoldMining is further encouraged by the additional positive drill results yielded from the
2025 RC drilling completed to date at the William South prospect, an emerging gold discovery located a short distance from the known São Jorge gold deposit.
The geology and geophysical signature at William South resembles the São Jorge gold deposit itself based on exploration to date. This work has been
encouraging of the potential for this area, highlighting that significant additional systematic exploration is required, especially over the core of the IP anomaly which
has not yet been tested by drilling.
In conjunction with William South, we continue to explore additional targets across the broad 12 km x 7 km geochemical footprint overlying the São Jorge
property-scale mineral system, where we have additional exploration results pending. The excellent infrastructure at the 100% owned 46,000 hectare São Jorge
Project includes easy access to paved highway, grid power and an existing 50-person camp that has facilitated our exploration activities to date as we continue to
systematically explore this highly prospective regional-scale property in the rapidly emerging Tapajós gold district."
Project Overview
The São Jorge Gold Project is located in the Tapajós gold district (see
Figure 1
) in the south-central portion of the Amazon Craton. The São Jorge gold deposit is
a granite-hosted, intrusion-related gold deposit which is a similar deposit style to the Tocantinzinho gold mine located approximately 80 km northwest of São
Jorge. Exploration activities at the Project carried out by the Company over the past two years have successfully delineated several new exploration targets
comprising gold ± copper ± molybdenum ± silver soil geochemical anomalies, which cumulatively outlines a large mineral system (see news releases dated
March
18
and
April 14, 2025
).
Figure 1 Tapajós Gold District and location of the São Jorge Project. (CNW Group/GoldMining Inc.)
2025 São Jorge Mineral System Exploration Program
The São Jorge mineral system is defined by a comprehensive exploration data set which the Company has developed over previous campaigns. Surrounding the
previously delineated São Jorge deposit, which has a defined 1.4 km strike length, the broader mineral system comprises a zone of contiguous surface
geochemical anomalies over an area of 12 km x 7 km, which the Company interprets to be the surface expression of a broad intrusive related gold system.
The 2025 São Jorge exploration program successfully and safely completed a total of
9,533 m
of drilling, which exceeded the total planned meterage of
9,000 m
while remaining on–budget. The Project benefitted from the introduction of RC drilling which is cheaper and more rapid than diamond core, while providing greater
depth penetration and assay reliability than auger drilling. The Program comprised
3,862 m
diamond core,
3,528 m
RC and
2,143 m
auger drilling.
Of the 84 RC holes drilled to date across the Project for a total of 3,528 metres, assays have been returned for 78 holes, with the remaining 18 holes pending
assays. To date, four target areas have returned >1 g/t Au intercepts from RC drilling: William South,
William North
, Ivonette and Dragon West (see Figure 2).
Previously announced initial intercepts at the William South prospect included
4 m
at 1.78 g/t Au from
12 m
depth (see news release
October 20, 2025
).
New assay results are presented herein for additional drilling at the
William South Prospect
, which is located 1.5 km north of the Deposit. The full drilling
program at William South comprised 20 RC holes drilled on three fences to test beneath a broad zone of elevated gold-in-soil and auger drilling geochemistry. The
western–most drill fence returned the best assay results from weathered monzogranite containing disseminated pyrite mineralization. The strongest mineralized
intercept to date, comprising
12 m
at 2.38 g/t Au (including
1 m
at 22.08 g/t Au), occurs adjacent to a contact between monzogranite and syenogranite intrusive
phases. A similar intrusive contact localizes strain, hydrothermal alteration and gold mineralization at the São Jorge deposit. Mineralization remains open along
strike and to depth.
Preliminary processing of the recently completed 40 line km of IP surveying indicates that a broad east-west oriented high tenor chargeability anomaly, with
coincident high resistivity, occurs at the William South target. Overall, the William South geophysical signature is similar in nature, scale and intensity to the São
Jorge deposit. Drilling completed to date primarily targeted the highest tenor gold-in-soil geochemical anomaly, which occurs south of the core geophysical
anomaly. Future drilling will extend northwards to test the chargeability / resistivity high.
Further RC drilling was subsequently completed at the Ivonette and Dragon West targets, to follow up on previously returned +1 g/t Au drill intercepts, with the
objective to expand the mineralization intersected to date and potentially define new mineral resources. Assays are pending. Also, additional results from other
components of the Program, including diamond core drilling beneath the São Jorge deposit, expansion of the IP survey grid, and a garimpo (artisanal mine)
mapping and sampling program, will be reported as results are available.
Figure 2 São Jorge Project property-scale RC drill results, as of January 6, 2025. (CNW Group/GoldMining Inc.)
Figure 3 William South drilling cross section at 656,020 East, looking west showing RC drill assay results. (CNW Group/GoldMining Inc.)
Table 1 São Jorge
2025
drilling results at William South prospect (as of
January 6
, 2026).
Prospect Name
Drill
Hole Number
Interval
From (m)
Interval
To (m)
Sample
Length (m)
Au Grade
(g/t)
William South
SJRC-045-25
21
22
1
0.48
47
48
1
0.22
SJRC-046-25
12
16
4
1.78
including
13
14
1
5.03
including
14
15
1
1.19
24
25
1
0.19
49
51
2
0.13
SJRC-047-25
3
4
1
0.22
16
17
1
1.23
22
23
1
0.26
37
41
4
0.22
including
39
40
1
0.47
SJRC-048-25
13
25
12
2.38
including
16
17
1
4.86
including
17
18
1
22.08
28
29
1
0.27
31
32
1
0.15
39
40
1
0.19
SJRC-049-25
2
3
1
0.12
31
32
1
0.24
46
50
4
1.11
including
46
47
1
2.35
including
47
48
1
1.69
SJRC-050-25
45
46
1
0.12
48
49
1
0.11
SJRC-051-25
45
46
1
0.34
SJRC-052-25
2
4
2
0.21
SJRC-053-25
NSR
SJRC-054-25
0
2
2
0.15
5
6
1
0.20
6
7
1
0.72
9
10
1
0.14
12
13
1
0.32
SJRC-055-25
1
2
1
0.12
SJRC-056-25 to
SJRC-058-25
NSR
SJRC-059-25
29
31
2
0.20
32
33
1
0.16
SJRC-060-25
22
23
1
0.49
SJRC-061-25
10
12
2
0.15
37
38
1
0.12
SJRC-062-25
3
4
1
0.11
15
16
1
0.14
SJRC-063-25
18
19
1
0.70
21
22
1
0.15
SJRC-064-25
8
9
1
0.29
Note: NSR: 'No Significant Result'. True width of mineralization is estimated to be approximately two-thirds of downhole length, assuming primarily steeply dipping vein-hosted mineralization intersected by inclined (-60° dip) drill holes. Assays >1 g/t Au in bold; drill holes highlighted in this
release are shaded.
Table 2 São Jorge RC drill hole collar location coordinates (as of
January 6, 2026
).
Hole Number
Easting
Metres
(UTM Zone
21S)
Northing Metres
(UTM Zone
21S)
Elevation
(m above
sea level)
Dip
(°)
Azimuth (°)
Depth
(m)
Status
SJRC-001-25
653891
9282977
199.57
-60
180
40
Results Received
SJRC-002-25
653893
9282926
205.33
-60
180
30
Results Received
SJRC-003-25
654099
9282889
196.39
-60
180
25
Results Received
SJRC-004-25
654258
9282949
198.09
-60
180
30
Results Received
SJRC-005-25
653894
9282789
200.33
-60
360
25
Results Received
SJRC-006-25
654098
9282786
223.67
-60
360
30
Results Received
SJRC-007-25
654271
9282741
216.01
-60
360
25
Results Received
SJRC-008-25
653486
9283739
247.26
-60
360
15
Results Received
SJRC-009-25
653490
9283841
247.47
-60
360
21
Results Received
SJRC-010-25
653688
9283855
241.80
-60
360
25
Results Received
SJRC-011-25
653683
9283940
227.63
-60
360
30
Results Received
SJRC-012-25
653689
9284042
236.42
-60
360
25
Results Received
SJRC-013-25
653918
9283957
239.75
-60
360
30
Results Received
SJRC-014-25
653903
9284037
239.93
-60
360
25
Results Received
SJRC-015-25
653882
9284141
191.36
-60
360
25
Results Received
SJRC-016-25
652641
9282394
191.36
-60
150
30
Results Received
SJRC-016B-25
652641
9282394
190.07
-60
330
30
Results Received
SJRC-017-25
652698
9282469
192.36
-60
150
30
Results Received
SJRC-018-25
652728
9282565
190.55
-60
150
30
Results Received
SJRC-019-25
652559
9282342
189.39
-60
130
18
Results Received
SJRC-020-25
652486
9282288
187.20
-60
180
25
Results Received
SJRC-021-25
652387
9282150
188.78
-60
180
21
Results Received
SJRC-022-25
652301
9282197
189.17
-60
180
25
Results Received
SJRC-023-25
652223
9282137
226.90
-60
180
25
Results Received
SJRC-024-25
652129
9282110
188.33
-60
180
25
Results Received
SJRC-025-25
652028
9282132
190.07
-60
180
25
Results Received
SJRC-026-25
651930
9282116
186.76
-60
180
25
Results Received
SJRC-027-25
651827
9282125
186.81
-60
180
26
Results Received
SJRC-028-25
652802
9282206
192.68
-60
330
31
Results Received
SJRC-029-25
652736
9282180
190.47
-60
330
21
Results Received
SJRC-030-25
656200
9286496
219.02
-60
360
50
Results Received
SJRC-031-25
656201
9286520
217.62
-60
360
50
Results Received
SJRC-032-25
656200
9286545
216.43
-60
360
50
Results Received
SJRC-033-25
656236
9286543
216.62
-60
360
70
Results Received
SJRC-034-25
659993
9281950
227.79
-60
360
50
Results Received
SJRC-035-25
659917
9281909
230.39
-60
330
50
Results Received
SJRC-036-25
659900
9281940
229.68
-60
360
30
Results Received
SJRC-037-25
659789
9281849
230.76
-60
330
50
Results Received
SJRC-038-25
659693
9281802
229.05
-60
330
40
Results Received
SJRC-039-25
658549
9281097
236.21
-60
45
30
Results Received
SJRC-040-25
658596
9281155
231.24
-60
45
39
Results Received
SJRC-041-25
658647
9281203
227.16
-60
45
33
Results Received
SJRC-042-25
658724
9281148
223.86
-60
45
30
Results Received
SJRC-043-25
658670
9281098
231.37
-60
45
30
Results Received
SJRC-044-25
658616
9281042
234.90
-60
45
35
Results Received
SJRC-045-25
656030
9284637
215.05
-60
360
51
Results Received
SJRC-046-25
656018
9284612
215.71
-60
360
51
Results Received
SJRC-047-25
656018
9284587
216.19
-60
360
60
Results Received
SJRC-048-25
656015
9284560
216.31
-60
360
55
Results Received
SJRC-049-25
656018
9284534
216.82
-60
360
55
Results Received
SJRC-050-25
656014
9284511
216.55
-60
360
55
Results Received
SJRC-051-25
656017
9284485
216.10
-60
360
39
Results Received
SJRC-052-25
656792
9284197
216.70
-60
360
51
Results Received
SJRC-053-25
656790
9284228
216.22
-60
360
51
Results Received
SJRC-054-25
656794
9284247
215.94
-60
360
51
Results Received
SJRC-055-25
656790
9284268
215.62
-60
360
51
Results Received
SJRC-056-25
656789
9284298
215.15
-60
360
56
Results Received
SJRC-057-25
656542
9284235
220.65
-60
360
60
Results Received
SJRC-058-25
656542
9284213
221.22
-60
360
56
Results Received
SJRC-059-25
656543
9284189
221.65
-60
360
60
Results Received
SJRC-060-25
656543
9284165
222.68
-60
360
52
Results Received
SJRC-061-25
656645
9284382
216.44
-60
360
60
Results Received
SJRC-062-25
656642
9284363
216.13
-60
360
60
Results Received
SJRC-063-25
656640
9284338
216.70
-60
360
60
Results Received
SJRC-064-25
656641
9284311
217.90
-60
360
60
Results Received
SJRC-065-25
658608
9281169
230.00
-60
45
50
Results Pending
SJRC-066-25
658574
9281140
232.00
-60
45
50
Results Pending
SJRC-067-25
658580
9281223
228.00
-60
45
47
Results Pending
SJRC-068-25
658551
9281196
231.00
-60
45
50
Results Pending
SJRC-069-25
658524
9281179
231.00
-60
45
52
Results Pending
SJRC-070-25
658479
9281207
231.00
-60
45
50
Results Pending
SJRC-071-25
658465
9281183
233.00
-60
45
50
Results Pending
SJRC-072-25
658520
9281236
228.00
-60
45
50
Results Pending
SJRC-073-25
658553
9281257
226.00
-60
45
50
Results Pending
SJRC-074-25
658494
9281306
217.00
-60
45
48
Results Pending
SJRC-075-25
658480
9281274
238.00
-60
45
53
Results Pending
SJRC-076-25
658440
9281261
222.00
-60
45
50
Results Pending
SJRC-077-25
654253
9282981
212.00
-60
180
50
Results Pending
SJRC-078-25
654251
9282936
200.00
-60
180
62.5
Results Pending
SJRC-079-25
654279
9282974
210.00
-60
180
50
Results Pending
SJRC-080-25
654292
9282945
206.00
-60
180
50
Results Pending
SJRC-081-25
654189
9282919
206.00
-60
180
50
Results Pending
SJRC-082-25
654188
9282945
211.00
-60
180
61.5
Results Pending
SJRC-083-25
654188
9282976
220.00
-60
180
51
Results Pending
Data Verification
For drill core sampling, samples were taken from the NQ/HQ core by sawing the drill core in half, with one-half sent to SGS Geosol Laboratórios Ltda. ("
SGS
") in
Brazil
for assaying, and the other half of the core retained at the site for future reference. Sample lengths downhole were uniformly
1.0 m
. For the auger drilling
program, samples were collected at
1 m
sample intervals, with the material being dried, homogenized and split in the field to obtain a 1 kg representative sample
which was sent to SGS for analysis. The remaining auger sample material is stored until the lab results are received, and a 1 kg sample duplicate is maintained in
the archive. For the RC drilling program, samples were collected at
1 m
sample intervals, generating approximately 25 kg samples, with the material being dried,
homogenized and split in the field to obtain a 1 kg representative sample which was sent to SGS for analysis. The remaining RC sample material is stored until the
lab results are received, and approximately 20 kg of the original samples are maintained in the archive.
SGS is a certified commercial laboratory located in Vespasiano, Minas Gerais,
Brazil
, and is independent of GoldMining. GoldMining has implemented a quality
assurance and quality control program for the sampling and analysis of drill core and auger samples, including duplicates, mineralized standards and blank
samples for each batch of 100 samples. The gold analyses are completed by FAA505 method (fire-assay with an atomic absorption finish on 50 grams of
material).
Qualified Person
Paulo Pereira
, P. Geo., Country Manager,
Brazil
of GoldMining, has supervised the preparation of, verified and approved all scientific and technical information
herein this news release. Mr. Pereira is also a qualified person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("
NI 43-
101
").
Visit
www.goldmining.com
for more information, including high-resolution figures, and to review the Technical Report titled "NI 43-101 Technical Report, São
Jorge Project, Pará State,
Brazil
," with an effective date of
January 28, 2025
.
About GoldMining Inc.
GoldMining Inc. is a public mineral exploration company focused on acquiring and developing 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
, the
U.S.A.
,
Brazil
,
Colombia
, and
Peru
. The
Company also owns approximately 21.5 million shares of Gold Royalty Corp. (NYSE American: GROY), 9.9 million shares of U.S. GoldMining Inc. (Nasdaq:
USGO) and 19.1 million shares of NevGold Corp. (TSXV: NAU). See
www.goldmining.com
for additional information.
Notice to Readers
Technical disclosure regarding
São Jorge
has been prepared by the Company in accordance with NI 43-101. NI 43-101 is a rule of the Canadian Securities
Administrators which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These
standards differ from the requirements of the U.S. Securities and Exchange Commission ("SEC") and the scientific and technical information contained in this
news release may not be comparable to similar information disclosed by domestic
United States
companies subject to the SEC's reporting and disclosure
requirements.
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 expectations regarding the Project, ongoing exploration programs and other expected future work programs thereat, and often
contain words such as "anticipate", "intend", "plan", "will", "would", estimate", "expect", "believe", "potential" and variations of such terms. Such 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, which may prove to be incorrect. Investors are cautioned that forward-looking statements involve risks and uncertainties, including, without limitation:
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, any inability to complete work programs as expected, the Company's plans
with respect to the Project may change as a result of further planning or otherwise, 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 most recent Annual Information Form 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.
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For further information:
For additional information, please contact: GoldMining Inc., Amir Adnani, Co-Chairman, David Garofalo, Co-Chairman; Alastair Still,
President and CEO, Telephone: (855) 630-1001, Email: [email protected]
CO: GoldMining Inc.
CNW 06:30e 06-JAN-26