Saturday, July 5, 2025

Latest

GoldMining Reports 2.99 Million Ounces Of Gold Equivalent At Whistler Project

GoldMining Inc. (TSX: GOLD) released today its updated mineral resource estimate for its wholly-owned Whistler Project in Alaska. The results, containing resource estimates for Whistler, Island Mountain, and Raintree West deposits, are effective as of June 11, 2021.

The total indicated mineral resource for gold equivalent is at 2.99 million ounces at a 0.79 g/t gold equivalent grade. From 118.20 million tonnes indicated, this comprises 1.94 million ounces gold at 0.51 g/t gold, 8.33 million ounces silver at 2.19 g/t silver, and 421.98 million pounds copper at 0.16% copper.

The company’s inferred mineral resource for gold equivalent is at 6.45 million ounces at a 0.63 g/t gold equivalent grade. From a total inferred of 316.98 million tonnes, this includes 4.67 million ounces gold at 0.46 g/t gold, 16.06 million ounces silver at 1.58 g/t silver, and 711.42 million pounds copper at 0.10% copper.

The company shared that indicated mineral resources have increased from the prior estimate in March 2016 by 9.9% for gold, 35.9% for silver and, 23.0% for copper. Compared to the same estimate in 2016, inferred mineral resources have increased by 0.9% for gold while it decreased by 29.0% for silver and 0.3% for copper.

GoldMining has also updated the estimates based on metal prices of US$1,600 per gold ounce, US$21 per silver ounce, and US$3.25 per copper pound.

The Whistler gold-copper exploration project currently comprises 304 mining claims covering approximately 17,159 hectares. The company plans to further evaluate potential exploration activities to better define and expand existing mineral resources.

GoldMining Inc. last traded at $1.80 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Dundee Acquires Adriatic Metals: The Balkan Growth Strategy

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

Baselode Energy To Acquire Forum Energy: The Merger Of Equals Deal

Recommended

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Related News

O2Gold To Begin Draining Aurora Mine In Q4, Production To Commence Next Year

O2Gold Inc (TSXV: OTGO) has seen a drill moved to its brownfield property. The company...

Tuesday, October 26, 2021, 07:55:19 AM

Grande Portage Intersects 4.50 Metres Of 11.78 G/t Gold At Alaskan Gold Project

Grande Portage Resources (TSXV: GPG) this morning released further assay results from its Herbert Gold...

Wednesday, December 9, 2020, 09:55:54 AM

What Can We Expect From Commodities In The Current Climate? – The Daily Dive

Joining us for the final episode of The Daily Dive this week is returning guest...

Friday, February 25, 2022, 01:34:49 PM

Fiore Gold Announces Fiscal Q3 Production Of 11,756 Gold Ounces

Fiore Gold Ltd. (TSX: F) reported today the production results for the fiscal third quarter...

Monday, July 12, 2021, 11:19:00 AM

Newlox Gold Sees Gold Recoveries As High As 98.77% From Gold Leaching Tech

Newlox Gold Ventures (CSE: LUX) this morning provided the market with an update on ongoing...

Thursday, April 22, 2021, 08:59:33 AM