GoldMining Reports Progress on 2025 Drilling Program
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: PRnewswire
- Significant Drilling Results: GoldMining's 2025 drilling program at the São Jorge project in Brazil's Tapajós gold district totaled 9,533 meters, exceeding the planned 9,000 meters, indicating potential mineralization extending deeper, suggesting future resource growth opportunities.
- Mineralization Extension Potential: Drilling results indicate that the mineralization depth of the São Jorge gold deposit may extend, particularly to the northwest, and further systematic drilling will help confirm this potential, enhancing the project's economic viability.
- William South Prospect: Soil geochemical analysis in the William South target area revealed gold concentrations as high as 2,163 ppb Au, with 2025 drilling results showing an impressive 12 meters at 2.38 g/t Au, indicating significant exploration value in this area.
- Infrastructure Advantage: The excellent infrastructure at the project facilitates smooth exploration activities, and GoldMining anticipates achieving significant growth in the rapidly developing Tapajós gold district through ongoing exploration efforts.
Analyst Views on USGO
About USGO
U.S. GoldMining Inc. is a Canada-based exploration and development company. The Company is focused on advancing the 100% owned Whistler Gold-Copper Project, located 105 miles (170 kilometers) northwest of Anchorage, Alaska, the United States of America. The Whistler Project consists of several gold-copper porphyry deposits and exploration targets within a large regional land package entirely on State of Alaska mining claims totaling approximately 53,700 acres (217.5 square kilometers). The Whistler Project has indicated resources of over 6.5 million gold equivalent ounces and inferred resources of 4.2 million gold equivalent ounces. Mineral resources have been estimated at three gold-copper porphyry deposits (Whistler, Raintree West and Island Mountain) and several additional geophysical and geochemical targets anomalies contain mineralized drill intersections that require follow-up drilling.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
