GoldMining Initiates Technical Advisory Board with First Appointments of Paul Zweng, PhD, Ross Sherlock, PhD and Curtis Clarke, BSc (Mining Engineering)

VANCOUVER, April 19, 2017 /CNW/ - GoldMining Inc. (the "Company" or "GoldMining") (TSX-V: GOLD; OTCQX: GLDLF) is pleased to announce new appointments to its Technical Advisory Board (the "Advisory Board" or "Board") to assist GoldMiningꞌs management team in the evaluation and advancement of our gold projects in the Americas. Appointments to this board include Dr. Paul Zweng, Dr. Ross Sherlock, PGeo and Mr. Curtis Clarke, Mining Engineer, all of whom have extensive experience in gold exploration, development and production throughout the world.

Management welcomes Paul, Ross and Curtis to GoldMiningꞌs Advisory Board. Duties of the Board will include providing insight and guidance to management and existing board members on advancing GoldMiningꞌs portfolio of resource stage gold and gold-copper projects based on their industry and academic experience. In addition, they will help identify and evaluate potential new acquisition in regions or deposit types where they have extensive experience.  

Garnet Dawson, CEO of GoldMining, commented: "We are fortunate to have Paul, Ross and Curtis agree to join our Advisory Board. Collectively, they bring decades of exploration and development experience that will extend managements reach significantly in advancing our portfolio of gold-copper porphyry and mesothermal gold projects, and in identifying additional opportunities for potential acquisition in the Americas."

Paul Zweng, PhD

Dr. Zweng has blended a technical and financial background in exploration and mining over the past 30 years. Dr. Zweng is CEO of Bellhaven Copper & Gold and co-founder of Sand & Gold, LLC, the general partner to The Toquepala Fund, LP, a private investment partnership designed to invest in early-stage exploration companies. Prior to this, he co-founded Antares Minerals and was CEO of QGX Ltd. before they were acquired by First Quantum and Kerry Group for $650 million and $265 million, respectively. Paul was a Research Analyst and Partner at Palo Alto Investors, a hedge fund based in California from 1999 to 2002. Dr. Zweng led BHP Copperꞌs new business development efforts in the Copper Belt of Africa and was Manager of Exploration & Geology for the Tintaya mine in Peru from 1995 to 1999.

He received a PhD from Stanford University, United States, MSc degree from Queens University, Canada and two BSc degrees with distinction in Geology and Applied Earth Sciences from Stanford University.

Paul has founded and led exploration companies that have discovered several significant mineral deposits including Haquira, Coroccohuayco and Antapaccay copper deposits in Peru, Baruun Naran metallurgical-thermal coal deposit and Golden Hills copper deposit in Mongolia and La Garrucha gold-copper deposit in Colombia; the Golden Hills deposit is currently in production.

Ross Sherlock, PhD, PGeo

Dr. Sherlock is a professional geologist with over 28 years of experience in the mining industry and academic research. He has held senior positions with major mining companies including Vice President, Geoscience at Kinross Gold Corp., Exploration Manager, North America at Gold Fields and Project Manager, Senior Research Geologist at Miramar Mining Corporation/Newmont Mining Corporation. Prior to this, he was a Research Geoscientist at the Geological Survey of Canada and Senior Geologist at SRK Consulting Engineers.

Dr. Sherlock completed a Post-Doctoral Fellowship at the University of British Columbiaꞌs Mineral Deposits Research Unit, PhD at the University of Waterloo, MSc at Lakehead University, and BSc (Honours) at McMaster University, Canada. He is a member of the Professional Engineers and Geoscientists of BC and Association of Professional Geoscientists of Ontario (APGO). He was awarded the William Gross award in 2003, which is bestowed annually by the Mineral Deposits Division of the Geological Association of Canada, to a geoscientist less than 40 years of age, who has made a significant contribution to the field of economic geology within Canada.

Ross has extensive world-wide experience in several gold deposit types including orogenic gold, epithermal gold and gold-copper porphyry deposits. He led teams that are responsible for a number of new discoveries and significant reserve and resource addition while working with Kinross Gold Corp., Gold Fields and Miramar Mining Corporation.

Curtis Clarke, BSc, MMSA

Mr. Clarke in a mining engineer with over 30 yearsꞌ experience in the mining industry. He started his career as an underground miner, which was followed by mining equipment sales and managing international engineering companies. His areas of expertise include business strategies and management, feasibility studies, underground mining methods and equipment, public reporting and mining valuations.

Curtis completed a Certificate in International Trade at York University, Canada, BSc (Mining Engineering) at Michigan Technological University, USA, and Mine Engineering Technologist Diploma at the Haileybury School of Mines, Canada. He is a qualified professional licensed with the Mining & Metallurgical Society of America.

Mr. Clarke has extensive international experience managing technical studies from resource estimation through to feasibility studies for both open pit and underground mines for a range of commodities. He has advised investors, financiers and project developers throughout the various stages of project development.

About GoldMining Inc.

GoldMining Inc. is a public mineral exploration company focused on the acquisition and development of gold projects in Brazil, Colombia and other regions of the Americas. GoldMining Inc. is advancing its Titiribi Gold-Copper Project located in the Department of Antioquia, Colombia, its Cachoeira and São Jorge Gold Projects located in the State of Pará, northeastern Brazil, its Whistler Gold-Copper Project located in the State of Alaska, United States of America, and its Rea Uranium Project in the western Athabasca Basin in northeast Alberta, Canada.

Forward-looking Statements

This news release contains certain forward-looking statements that reflect the current views and/or expectations of the Company with respect to its performance, business and future events, including statements regarding the Company's acquisition strategy. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates, including that: the current price of and demand for minerals being targeted by the Company will be sustained or will improve; general business and economic conditions will not change in a material adverse manner; financing will be available if and when needed on reasonable terms; and the Company will be able to identify and acquire additional mineral interests on reasonable terms or at all. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including: that resource exploration and development is a speculative business; that the Company may lose or abandon its property interests or may fail to receive necessary licenses and permits; that the Company's properties are in the exploration stage and are without known bodies of commercial ore; that the Company may not be able to raise additional funds when necessary; potential defects in title to the Company's properties; fluctuations in currency exchange rates; fluctuating prices of commodities; competition; potential inability to find suitable acquisition opportunities and/or complete additional acquisitions on acceptable terms or at all; and other risks and uncertainties listed in the Company's public filings. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements and information, which are qualified in their entirety by this cautionary statement. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. The Company does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

Neither the TSX Venture Exchange, the Toronto Stock Exchange nor their Regulation Services Providers (as that term is defined in the policies of the TSX Venture Exchange and the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.

SOURCE GoldMining Inc.

For further information: GoldMining Inc., Amir Adnani, Chairman, Garnet Dawson, CEO, Telephone: [phone], Email: [email protected]