Mike Fagan,
Editor
Sept. 27, 2021
GoldMining Inc. (TSX: GOLD)(NYSE-American: GLDG) — currently trading around C$1.60 per share — is making accelerated progress at its suite of gold projects across the Americas as the price of the yellow metal continues to build a solid base above US$1,735 per ounce.
The company boasts an impressive property portfolio — with projects at various stages of exploration in the US, Canada, Peru, Colombia and Brazil — totaling 16 million gold equivalent ounces in the M&I category and another 16 million AuEq ounces in the Inferred category.
And mind you, the bulk of those acquisitions were completed during gold’s last downturn at US$1,100 - US$1,300 per ounce gold. Today, around US$1,750 an ounce, the company’s projects all of a sudden become much more interesting from both a development standpoint and as potential acquisition targets for larger producers seeking to add precious ounces to their balance sheets.
Recent GoldMining Inc. milestones include:
- Successful IPO launch of Gold Royalty Corp. (NYSE-American: GROY)
- Resource inventory of ~32 million AuEq ounces (M&I plus Inferred)
- Initiation of PEAs for La Mina, Yellowknife, and São Jorge gold projects
- Plans for fully-funded drill programs at Titiribi and La Mina gold projects
With an impressive portfolio of precious and base metals exploration projects in the Americas, speculators can expect a steady stream of news flow from GoldMining Inc. over the coming quarters with which to potentially move the needle higher.
I won’t delve too deep into next-steps for GoldMining here because our own Gerardo Del Real of Junior Resource Monthly caught up with GoldMining CEO, Alastair Still, at this month’s Precious Metals Summit held in beautiful Beaver Creek, Colorado, for an exclusive video interview you can watch here.
Gerardo and Alastair discuss the current gold market, the company’s robust resource base, the highly successful IPO launch of Gold Royalty Corp., and the upcoming PEAs for Yellowknife, La Mina, and São Jorge.
Of course, Gerardo will continue to deliver all the key insights as the GoldMining team — led by Alastair Still and executive chairman Amir Adnani — moves into the next stage of unlocking the underground value of its projects to the benefit of GOLD/GLDG shareholders.
Be sure to also click here for a quick video presentation where Gerardo discusses the key advantages his subscribers enjoy monthly — including specific buy-sell signals and upcoming catalysts across a variety of metals — and why he believes Q4 is shaping up to be one of the most profitable quarters he’s seen in the junior resource space.
And click here for our feature report on GoldMining here.
Yours in profits,
Mike Fagan
Editor, Resource Stock Digest
Mike Fagan has mining in his blood. As a teenager he staked countless gold and silver properties in Nevada alongside his dad, Brian Fagan, who created the Prospect Generator model that’s still widely used today in the resource space. One of those staking projects was put into production by a major Canadian mining company — a truly rare and profitable experience. That background uniquely qualifies him as a mining stock speculator. One of the most well-known names in the business, Mike is now putting that experience to use for the benefit of Resource Stock Digest readers. Read more about Mike Fagan and access his full article archive here.