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GoldMining starts environmental studies and drilling for São Jorge Gold Project pre-feasibility in Brazil

Company Fundamentals
05 Nov 2026, 13:30 WIB
PRNewsWire
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Bullish
GoldMining starts environmental studies and drilling for São Jorge Gold Project pre-feasibility in Brazil

GoldMining Inc. has begun environmental and socioeconomic baseline studies along with a 6,000-metre infill drilling program at its 100%-owned São Jorge Gold Project in Pará State, Brazil. These efforts support the preparation of an Environmental Impact Assessment and a pre-feasibility study led by engineering firm SLR Consulting. The drilling aims to upgrade mineral resource confidence and provide data for mine planning, while environmental studies by CLAM Environmental focus on permitting processes. This marks a key step toward advancing the project’s development and securing necessary licenses.

GoldMining's environmental and drilling activities at São Jorge provide context for readers following Basic Materials. For readers following Basic Materials, here is Pluang's market snapshot as of Nov 05, 2026 18:13 WIB: Of 83 priced US Basic Materials stocks, 61 rose and 15 fell today. Novagold Resources Inc. (NG) traded at USD 6.29 with a 3.11% increase and a typical hold time of 21 days, contrasting with Iamgold Corporation (IAG) and Franco-Nevada Corporation (FNV), both up about 3.03% at USD 18.00 and USD 249.48 respectively, each held typically for 13 days.

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