Project UpdateMay 26, 2026, 06:37 AM
GoldMining Starts 2026 Exploration Drilling at Yarumalito Project
AI Summary
GoldMining Inc. has initiated a fully funded 1,200-meter core drilling program at its Yarumalito Gold-Copper Project in Colombia. The program aims to test a newly refined geological model and expand the mineralized P-1 porphyry unit, building on significant historical drill intercepts. This marks the company's second active exploration drilling program in the Americas for 2026, targeting step-out growth potential in a prolific gold-copper belt.
Key Highlights
- GoldMining commenced a fully funded 1,200-meter core drilling program at Yarumalito Gold-Copper Project.
- The program aims to test a new geological model and expand the mineralized P-1 porphyry unit.
- Historical drill intercepts include 257m at 0.50 g/t Au and 0.1% Cu (YAR-06).
- The Yarumalito project is located in Colombia's Mid Cauca Au-Cu Belt.
- Existing inferred mineral resources are 1.23 million ounces Au and 129 million pounds Cu.
- The program includes three holes for porphyry-style mineralization and one for epithermal veins.
Price Impact
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