GoldMining intersects 400 m continuous Au-Cu mineralization at Yarumalito

Canada NewsWire

VANCOUVER, BC , Oct. 6, 2026 /CNW/ -- GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD) (NYSE American: GLDG) is pleased to report initial assay results from the 2026 diamond core drilling program at its 100% owned Yarumalito Project ("Yarumalito" or the "Project") in the Mid Cauca gold-copper porphyry belt, Antioquia, Colombia. The initial drill results confirm wide intervals of gold-copper porphyry-style mineralization starting from surface, refining the structural and geometric boundaries of the core 'P-1' host unit.

Yarumalito Highlights:

Wide Porphyry Mineralization from Surface: Drill hole YAR-45 intercepted continuous mineralization from surface to the end of the hole, returning 399.9 metres (m) at 0.45 grams per tonne (g/t) gold equivalent (AuEq) (0.34 g/t Au, 0.09% Cu, 1.21 g/t Ag) from surface to 399.9 m depth, including:

33.2 m at 0.81 g/t AuEq (0.68 g/t Au, 0.11% Cu, 1.64 g/t Ag) from 10.3 m;

74.7 m at 0.61 g/t AuEq (0.46 g/t Au, 0.13% Cu, 1.41 g/t Ag) from 136.5 m, including 47.0 m at 0.70 g/t AuEq from 154.0 m; and

36.0 m at 0.65 g/t AuEq (0.50 g/t Au, 0.14% Cu, 1.07 g/t Ag) from 330.0 m.

P-1 Porphyry Model Confirmed : Drilling has validated the 3D geological model, demonstrating that the P-1 porphyry intrusive suite hosts disseminated and vein stockwork mineralization that remains open along strike and at depth.

Program Execution & Near-Term Catalysts: A total of four diamond drill holes comprising 1,218 m were safely completed on schedule and within budget. Assays for the remaining holes ( YAR-46 to YAR-48 ) are pending. Results from the 2026 drilling program are expected to be integrated into an updated geological model and mineral resource model.

Established infrastructure: Yarumalito benefits from direct road access, nearby grid power and regional core-logging facilities in Valparaiso.