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GoldMining Completes Acquisition of Almaden Gold Project in Idaho

GoldMining Inc.

Highlights:

  • Total consideration paid was $1,150,000, comprised of $575,000 in cash and issuing 337,619 common shares at a deemed price of $1.70 per share (subject to a 4-month hold and additional re-sale restrictions);
  • GoldMining has engaged a qualified person to complete a technical report and current resource estimate for the Project based on significant historic exploration, which includes 70,234 m of drilling; and
  • GoldMining’s project portfolio expands to 16 properties in 5 countries.

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