GoldMining highlights copper resources amid price gains

GoldMining Inc. (NYSE American: GLDG) reported its portfolio contains over 1.2 billion pounds of copper in measured and indicated resource categories and 0.5 billion pounds in inferred resources across its gold and gold-copper projects in the Americas.

The company made the announcement as copper prices have risen approximately 20% year-over-year to near-record levels. GoldMining's diversified holdings include projects in Canada, the United States, Brazil, Colombia, and Peru.

The company owns approximately 79% of U.S. GoldMining Inc. (NASDAQ: USGO), which holds the Whistler Gold-Copper Project in Alaska. The Whistler project contains over 1 billion pounds of copper in indicated resources and over 300 million pounds in inferred resources, along with gold and silver.

GoldMining's aggregated mineral resources include approximately 12.4 million gold equivalent ounces in measured and indicated categories and 9.1 million gold equivalent ounces in inferred resources, excluding those reported by U.S. GoldMining.

The company holds 9.9 million shares of U.S. GoldMining, representing approximately 79% ownership with a market value of approximately CAD$119 million based on the closing price on July 18, 2025.

"Copper is not only a critical metal for the energy transition, it is now a matter of national interest for governments across the Americas," said Alastair Still, CEO of GoldMining.

The information is based on technical reports filed under the company's profile at www.sedarplus.ca and www.sec.gov, according to the press release statement.

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