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Tuesday, 01/16/2018 11:51:52 AM

Tuesday, January 16, 2018 11:51:52 AM

Post# of 4985
GoldMining Inc.

Vancouver, British Columbia – January 16, 2018 –

(the "Company" or "GoldMining") (TSX-V: GOLD; OTCQX: GLDLF) is pleased to announce the results of a National Instrument 43-101 ("NI 43-101") mineral resource estimate for its Crucero Gold Project (the "Crucero Project" or the "Project") located in the Department of Puno, southeastern Peru. The estimate includes an indicated resource of 30,653,000 tonnes grading 1.0 g/t gold (1.0 Moz) and an inferred resource of 35,779,000 tonnes grading 1.0 g/t gold (1.1 Moz) at a 0.4 g/t gold cut-off.

Amir Adnani, Chairman of GoldMining, commented: "We are pleased to announce the resource estimate for our Crucero Project, which represents another milestone in the execution of our long-term growth strategy. In 2017, we worked towards furthering this strategy by successfully completing three acquisitions – the Crucero, La Mina and Yellowknife Gold Projects. Our plan in 2018 is to continue this strategy and build upon our vision of maximizing gold leverage for our shareholders."

Garnet Dawson, CEO of GoldMining, commented: "We are pleased to report this conceptual pit constrained resource estimate for the A1 deposit, one of several targets identified by geochemistry and geophysics on the Crucero Project by previous owners. Future exploration programs will look to expand the existing resource at the A1 deposit, test several of the nearby targets and complete additional metallurgical testwork."

Please clink the link below to view the entire news release.

http://www.goldmining.com/news/index.php?content_id=260

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