GoldMining Inc (GLDG)

[ThSeeker]

...Since our first acquisition in 2012, our efforts to consolidate assets have now placed us in the top tier of junior mining companies with respect to the amount of global gold resources. GoldMining's global resources have grown to 9.5 million ounces gold (12.4 million ounces gold equivalent) in the measured and indicated categories and 11.7 million ounces gold (14.2 million ounces gold equivalent) in the inferred category. The table at the end of this letter provides additional details on our resources, including grades, gold-equivalents and tonnages for each of our projects (Table 1).

With no debt, strong treasury and disciplined cost structure, we are ideally positioned for value realization, with the flexibility to aggressively advance our existing projects with resource expansion and development activities in the event the price of gold makes a clear breakout in 2018.