Details: GMI buying ‘Yellowknife Gold Project’

A core showing signs of gold deposits.
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Late last week, it was announced that Vancouver’s GoldMining Inc. had acquired 100% interest in Tyhee’s ‘Yellowknife Gold Project’ and Big Sky Property.

As with previous reports in May and June, this is not to be confused with the Yellowknife City Gold Project, run under TerraX.

Our overriding focus continues to be the consolidation of multi-million ounce gold resource assets in favourable mining jurisdictions to maximize gold leverage for our shareholders.

‘Numbers’

A resource estimate for the project was previously reported by Tyhee at 1,715,000 ounces grading 1.97 g/t gold in the measured and indicated categories and 487,000 ounces grading 2.62 g/t gold in the inferred category.

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GoldMining has, “engaged a qualified person to complete the necessary work to verify [the numbers] to complete an independent technical report.

Tyhee had previously spent over $60 million on exploration and acquisition costs.

According to the CEO of GoldMining, Garnet Dawson, the Company is, “currently reviewing the extensive geological database to evaluate follow-up exploration targets.

‘Shares’

Chairman of GoldMining, Amir Adnani, says that GoldMining’s focus will always consider how the shareholders will benefit.

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Our overriding focus continues to be the consolidation of multi-million ounce gold resource assets in favourable mining jurisdictions to maximize gold leverage for our shareholders.

There is a total consideration of 4,000,000 common shares of GoldMining. Those are available for certain resale restrictions.


To learn more about GoldMining Inc., visit their website at goldmining.com.

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