GoldMining Launches Largest Exploration Campaign to Date at Sao Jorge Project in Brazil

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07:02 AM EDT, 04/14/2025 (MT Newswires) -- GoldMining ( GLDG ) on Monday said it has initiated an exploration program at the Sao Jorge project in Brazil, the company's largest program initiated to date.

The program consists of a planned drilling campaign of up to 5,000 meters, additional auger drilling of up to 3,000 meters, soil sampling of up to 6,000 samples and airborne Lidar survey and ground geophysics including induced polarization.

The company has previously commenced field activities including soil sampling, mapping and prospecting and has now begun to mobilize drill rigs and personnel to commence the drilling program.

The 2025 program will undertake the first-ever deeper drill testing of new targets to explore new gold discoveries, generated from the 2024 drill program at the William South prospect.

GoldMining's ( GLDG ) share price gained 3.7% to $1.13 on the TSX on Friday.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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