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GOLDMINING TO ADVANCE THE REA URANIUM PROJECT, ONE OF THE LARGEST LAND PACKAGES IN WESTERN ATHABASCA BASIN, CANADA

GOLDMINING TO ADVANCE THE REA URANIUM PROJECT, ONE OF THE LARGEST LAND PACKAGES IN WESTERN ATHABA...

articleGoldmining Inc.December 4, 20233/company/goldmining-inc/news/goldmining-to-advance-the-rea-uranium-project-one-of-the-largest-land-packages-in-western-athabasca-basin-canada-1
GOLDMINING TO ADVANCE THE REA URANIUM PROJECT, ONE OF THE LARGEST LAND PACKAGES IN WESTERN ATHABASCA BASIN, CANADA

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[{"type":"text","content":"\n \n \n \n GOLDMINING TO ADVANCE THE REA URANIUM PROJECT, ONE OF THE LARGEST LAND PACKAGES IN WESTERN ATHABASCA BASIN, CANADA\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Dec. 4, 2023\n \n \n /CNW/ - GoldMining Inc. (the \"\n \n Company\n \n \" or \"\n \n GoldMining\n \n \") (TSX: GOLD) (NYSE American: GLDG) is pleased to announce plans for advancing the Rea uranium project (the \"\n \n Rea Project\n \n \" or the \"\n \n Project\n \n \"), Western Athabasca Basin,\n \n Alberta, Canada\n \n .\n \n \n The Rea Project is owned 75% by the Company and 25% by Orano Canada Inc. (\"\n \n Orano\n \n \"). The large land package of approximately 125,328 hectares surrounds Oranoꞌs high-grade\n \n Dragon Lake\n \n deposit on the Maybelle River project. World-class uranium deposits located 60 km to the southeast of the Rea Project include Fission Uranium Corp.'s (\"\n \n Fission\n \n \") Triple R deposit and NexGen Energy Inc.'s (\"\n \n NexGen\n \n \") Arrow deposit which are currently in development.\n \n \n \n Highlights:\n \n \n \n \n Uranium prices have risen to\n \n US$80.25\n \n per pound for the first time since 2008 and uranium is the best performing energy commodity in 2023.\n \n \n The\n \n Athabasca\n \n Basin is home to the world's richest uranium mines and contains some of the largest and highest-grade uranium deposits and is currently estimated to contribute approximately 15% of the annual world-wide uranium production at grades 10 to 20 times the global average.\n \n 1\n \n \n \n The Company acquired the Rea Project as part of its acquisition of Brazilian Gold Corporation (\"\n \n BGC\n \n \") in 2013 and prior to many of the major discoveries made in\n \n Western ...

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