#Brazil #GoldMining #Colíder #Mato Grosso

GoldMining's Expansion into Brazil

GoldMining Inc. has made a noteworthy step in its journey as it recently announced the renewal of its exploration claim for the Colíder Project in Brazil, authorized by the Brazilian National Mining Agency (ANM). This concession, which covers an extensive area of 10,000 hectares (100 square kilometers), was originally under the ownership of the company since 2011 and is now set to undergo further exploration activities.

Key Facts About the Colíder Project

The renewed claim became effective on October 30, 2025, and is valid for three years, during which GoldMining is expected to prepare a final exploration report. This renewal is significant as the company previously faced challenges with the claim's status. Initially applied in 2013, the renewal faced denial and subsequent appeals, but it has finally achieved an active exploration status.

Situated in Mato Grosso State, the Colíder Project is part of the Alta Floresta Gold Belt, an area historically recognized for its alluvial gold mining activities, particularly notable during the 1980s. With the capital Cuiabá being a historic hub since the 18th-century gold rush, the region stands out for its mining potential. GoldMining also possesses the Batistão Gold Project, located roughly 55 km away from the Colíder site, further enhancing its presence in this resource-rich area.

Historical Exploration and Future Plans

Historically, the Colíder area saw exploration efforts from the Western Mining Corporation in the 1990s, which implemented comprehensive systematized exploration programs including geological mapping, geophysical surveys, and drilling. Currently, GoldMining is focused on validating these past results, which indicate elevated levels of gold and copper in soil samples, corresponding with magnetic anomalies detected in the area.

The exploration efforts have revealed promising findings, with notable surface rock samples exhibiting gossan and sulfide mineralization, as well as impressive assay values of up to 11.2 grams per tonne of gold. This points to a distinct potential for both bedrock gold and copper mineralization in the Colíder Project.

Alastair Still, the CEO of GoldMining, expressed confidence in the project, stating, "We’re pleased to have added the Colíder concession to our Brazil exploration portfolio. Our assessments of historical data suggest this area is highly promising for gold and copper mineralization, offering additional opportunities within our extensive property portfolio in central Brazil."

Conclusion

GoldMining's strategic expansion through the Colíder Project signifies a robust opportunity in its mineral exploration endeavors. With the planned systematic exploration set to unfold over the next few years, stakeholders are keenly anticipating results that could affirm the project's potential. The company’s focus on detailed data compilation and quality assurance will be critical as they move forward in one of Brazil's most promising mining regions.