Goldmining Inc. · TSX:GOLD
Goldmining — Investor Presentation (July 2024)
35 slides from Goldmining's investor presentation, July 2024
Slide 1: Corporate Presentation July 2024
GOLD: TSX | GLDG: NYSE AMERICAN GoldMining.com Corporate Presentation July 2024
Slide 2: Disclaimer
Disclaimer THIS PRESENTATION IS NOT INTENDED AS, AND DOES NOT CONSTITUTE, AN OFFER TO SELL SECURITIES OF GOLDMINING INC. (THE “COMPANY” OR “GOLDMINING”). No securities commission or other regulatory authority in Canada or any other country or jurisdiction has in any way passed on the merits of this
Slide 3: A Unique Combination of Sizable Resources and Cash and Equity Holdings
GoldMining A Unique Combination of Sizable Resources and Cash and Equity Holdings $152.9M in Cash & $152.9 million in cash and equity holdings, including: Equity Holdings1,2 • Gold Royalty Corp. (GROY: NYSE American) • U.S. GoldMining Inc. (USGO: NASDAQ) Market Cap. of $222.5M • NevGold (NAU: TSX-V)
Slide 4: GoldMining at a Glance
GoldMining at a Glance Share Structure(2,3) Key Shareholders Issued & Outstanding 183.9 M GDXJ Van Eck ETF Ruffer LLP Options + RSUs 15.2 M State Street Capital Commodity Capital (1) Fully Diluted 199.4 M Oppenheimer Holdings BlackRock (3) Market Cap $222.5 M Management and Directors Financial(3) Ca
Slide 5: Experienced Leadership Team
Experienced Leadership Team Board and Management Amir Adnani David Garofalo Founder & Co-Chair Co-Chair Amir Adnani is an entrepreneur and the David Garofalo is a senior mining founder and Co-Chairman of executive and is currently the Chairman GoldMining. Amir is also the President, and CEO of Gold
Slide 6: GoldMining Assets
GoldMining Assets A Diverse Portfolio of Projects Throughout the Americas Measured and Commodity Unit Inferred Indicated Whistler(2) Yellowknife Gold Moz 9.8 8.6 Rea Silver Moz 2.3 4.2 Nutmeg Mountain(1) Copper Mlbs 1,220.7 513.3 Gold Equivalent Moz 12.5 9.7 Note: Refer to GoldMining’s Annual Inform
Slide 7: Rediscovering the Whistler Gold-Copper Project
Rediscovering the Whistler Gold-Copper Project NASDAQ: USGO Red Dog Successful US$20 Million IPO Completed on April 24, 2023 Alaska Yukon WHISTLER PROJECT Livengood Fort Knox Eagle • Fully permitted for exploration, drilling currently underway Pogo • 100% owned 53,700 acre property on State land Cof
Slide 8: Rediscovering the Whistler Gold-Copper Project, Alaska
Rediscovering the Whistler Gold-Copper Project, Alaska Whistler is a gold-copper project with a meaningful scale Mineral Resource Estimate(1) (100% basis): Alaska Governor, Mike Dunleavy, visits Whistler with CEO Tim Smith(4): Grade Contained Metal Category Mt Au Ag Cu Au Eq Au Ag Cu Au Eq g/t g/t %
Slide 9: Whistler Phase I Drilling Program
Whistler Phase I Drilling Program Wingspan Expansion & Infill Drilling 2023 Drill Results:(1) WH23-03: 547.15 meters at 1.06 g/t AuEq From 53 meters depth (0.77 g/t Au, 0.17% Cu and 1.55 g/t Ag) N Best Ever Drill Intercept at the Whistler Project 200 Confirmed continuity of mineralization on souther
Slide 10: La Mina, Colombia
La Mina, Colombia 2023 PEA incorporates the La Garrucha Discovery(1) PEA Highlights(2): • Using commodity prices of US$1,750 per ounce of gold and US$3.50 per pound of copper • Life of mine production of approximately 1.74 million gold equivalent (“AuEq”) ounces averaging 155,500 ounces at 1.01 g/t
Slide 11: Tapajos Region, Brazil
Tapajos Region, Brazil Increasing Investment Activity May 29, 2024 Announced Commencement of Diamond Drilling Program Tocantinzinho Trend: • 30 million oz of reported production over 40 years in an area of ~90,000 km2 • São Jorge on trend with: • Operating - Palito & Sao Chico mines (Serabi) • Mine
Slide 12: São Jorge, Brazil
São Jorge, Brazil Attractive Project Primed for Advancement Tonnage Au Grade Ounces Mineral Resources(1) (kt) (g/t) (koz) Significant Exploration Potential Measured and 14,275 1.55 711.8 Indicated • Updated pit-constrained Mineral Resource in June 2021 Inferred 17,582 1.27 716.8 • 37,145 m. of drill
Slide 13: São Jorge, Brazil: 2024 Exploration Program
São Jorge, Brazil 2024 Exploration Program(1) Significant Exploration Potential • First drill program since 2011 • Program consists of 1,000m of core drilling and 3,000m of power auger drilling • 2024 Objectives: • Complete confirmatory drilling • Advance a reinterpretation of the structural control
Slide 14: São Jorge, Brazil: Expanding Potential for Discovery
São Jorge, Brazil Expanding Potential for Discovery Large Gold-in-Soil Footprint • Expanded 12km x 7 km geochemical footprint • Copper + gold + molybdenum anomalies with geophysical features suggestive of potential copper-porphyry style mineralization • Regional stream sediment sampling has identifi
Slide 15: Nutmeg Mountain, USA
Nutmeg Mountain, USA A Reawakened District in Idaho Unlocking Value for GoldMining through a Strategic Partnership NevGold’s acquisition of Nutmeg Mountain delivers immediate and long-term value to GoldMining TSXV : NAU • Strong Returns to GoldMining Shareholders(1): The transaction realized an attr
Slide 16: Rea Uranium, Canada
Rea Uranium, Canada Western Athabasca Basin • Athabasca Basin is home to some of the highest-grade Uranium mines globally • Acquired through acquisition of Brazilian Gold in 2013 • District scale ~125,000 Ha • Ownership: GoldMining 75%; Orano 25% • Surrounds Orano’s majority-owned high- grade Maybel
Slide 17: Our Commitment to Sustainable Mining
Our Commitment to Sustainable Mining Creating meaningful and long-term benefits for all stakeholders GoldMining is committed to responsible exploration and We believe in creating shared value development practices. We believe in creating value for through local partnerships our communities, our peop
Slide 18: GoldMining Inc.
GoldMining Inc. Providing investors with significant leverage to a rising gold price Robust Cash and Equity Holdings • $152.9 million(1) in cash and strategic investments in publicly traded gold companies • Cash and Marketable Securities provide a foundation for future growth • Significant historic
Slide 19: Appendix
GOLD: TSX | GLDG: NYSE AMERICAN GoldMining.com Appendix
Slide 20: Rea Uranium, Canada
Rea Uranium, Canada Western Athabasca Basin Identification of three north-west trending potential corridors • The Maybelle River Corridor (11 km) trends northward from Orano's Maybelle River Project, which hosts shallow high-grade uranium mineralization at the Dragon Lake prospect. • The Net Lake Co
Slide 21: Rea Uranium, Canada
Rea Uranium, Canada Geologic Model & Exploration Method Established Exploration Method • Geophysical detection of graphitic conductors in basement rocks • Geophysical and geochemical detection of alteration and mineralization in basin sediments • Combined methods provide vector towards drill targets
Slide 22: Rea Uranium, Canada
Rea Uranium, Canada Historical Exploration Activities Airborne EM survey Ground IP survey Winter drilling program 22 GOLD: TSX | GLDG: NYSE AMERICAN | GOLDMINING.COM
Slide 23: Colombia Assets: Titiribi, La Mina & Yarumalito
Colombia Assets: Titiribi, La Mina & Yarumalito 3 Gold-Copper projects with meaningful scale and exploration upside GoldMining’s Colombian Project Advancement Colombia and the Mid-Cauca Belt: Legend: • La Garrucha deposit adds approx. 1.0 million oz AuEq in the Inferred category and Other Explorers
Slide 24: La Mina, Colombia
La Mina, Colombia 2022 La Garrucha Target Drilling Program (1) See GoldMining news release dated September 13, 2022 (2) See note in Appendix re historical drill hole intersections 24 GOLD: TSX | GLDG: NYSE AMERICAN | GOLDMINING.COM
Slide 25: Titiribi & La Mina, Colombia
Titiribi & La Mina, Colombia Existing Infrastructure: Office, Accommodation and Core Storage Titiribi Office and Core Facility La Mina Core Facility La Mina Office La Mina Office 25 GOLD: TSX | GLDG: NYSE AMERICAN | GOLDMINING.COM
Slide 26: Titiribi, Colombia
Titiribi, Colombia Three Deposits & Six Prospects Key Target: Chisperos NW Breccia Maria Jo – blind target discovered at end of the 2012 drill program; the last exploration program completed on the project. Maria Jo Selected drill hole intersections Interval Au Cu Deposit/Target Drill Hole Cerro Vet
Slide 27: Yarumalito, Colombia
Yarumalito, Colombia One Deposit & Several Exploration Targets • Gold-copper porphyry and high-grade epithermal gold mineralization Buritica/(Continental/Zijin) • 6 geochemical-geophysical targets for follow-up exploration • Historic drilling (18,450 m in 55 holes) and limited small-scale undergroun
Slide 28: Pará State, Brazil
Pará State, Brazil Second Most Active Mining State in Brazil Legend: • Excellent Infrastructure GoldMining Assets Neighbouring Gold Assets • Road accessible, nearby hydro- Roads electric power and water Amapá Railway • Year-round site access Belem • Low corporate tax rate Aurizona – Equinox • 15.25%
Slide 29: Brazil Assets
Brazil Assets Exploration Initiatives Ongoing Sao Jorge soil sampling Geological Mapping Rock grab sample 29 GOLD: TSX | GLDG: NYSE AMERICAN | GOLDMINING.COM
Slide 30: Cachoeira, Brazil
Cachoeira, Brazil Eastern side of Exploration Upside in the Gurupi Greenstone Belt Cachoeira Shear unexplored Tonnage Au Grade Ounces Mineral Resources (kt) (g/t) (koz) Measured and 17,470 1.23 692 Indicated Inferred 15,667 1.07 538 Project Summary • The Cachoeira Gold Project is located in Pará sta
Slide 31: Yellowknife Gold, Canada
Yellowknife Gold, Canada Nicholas One of Canada’s Highest Grade Gold Belts Discovery Mine (1 Moz) Ormsby-Bruce Yellowknife Greenstone Belt N • Property covers a major part of a high-grade grade greenstone belt Goodwin Lake including the past producing Discovery Mine: 1 Moz @ +1 oz/t • On trend with
Slide 32: Crucero, Peru
Crucero, Peru Underexplored Gold Belt Indicated Inferred Cut-off Gold Colombia Project Tonnage Grade Tonnage Grade Gold Insitu Ecuador g/t Insitu Mt g/t oz Mt g/t oz Iquitos Crucero 0.4 30.6 1.0 993,000 35.8 1.0 1,147,000 Orogenic Gold Belt • Three mining and five exploration concessions (4,600 Ha)
Slide 33: Global Mineral Resources
Global Mineral Resources1,2,3 Appendix Grade Contained Metal Deposit Cut-off4 Tonnes Gold Silver Copper Gold Eq Gold Silver Copper Gold Eq (g/t) (Mt) (g/t) (g/t) (%) (g/t) (Moz) (Moz) (Mlbs) (Moz) Measured Resources Titiribi5 0.30 85.00 0.39 -- 0.15 0.62 1.06 -- 285.6 1.69 Yellowknife6 0.5/1.5 1.18
Slide 34: Global Mineral Resource Notes
Global Mineral Resource Appendix Notes 1. Mineral resources are not mineral reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the mineral resources will be converted into mineral reserves. The estimate of mineral resources may be materially affec
Slide 35: People Strategy Gold
GOLD: TSX | GLDG: NYSE AMERICAN GoldMining.com PEOPLE STRATEGY GOLD Toll Free: (855) 630-1001 Corporate Head Office Chairman: Amir Adnani Fax: (604) 682-3591 1830 - 1188 West Georgia Street CEO: Alastair Still Email: info@goldmining.com Vancouver, British Columbia President: Paulo Pereira www.goldmi