GoldMining Completes Acquisition of the Crucero Gold Project in Peru from Lupaka Gold

GoldMining Inc. (the “Company” or “GoldMining”) (TSX-V: GOLD; OTCQX: GLDLF) is pleased to announce that, further to its news release dated September 19, 2017, the Company has completed its acquisition of the Crucero Gold Project (the “Project”) located in Southeastern Peru from Lupaka Gold Corp. (“Lupaka”).  This transaction represents GoldMining’s first acquisition in Peru, which is among the world’s largest producers of gold, copper and silver, and ranks as one of the most attractive jurisdictions for mining investment in Latin America (Fraser Institute, 2016).
As quoted in the press release:

Amir Adnani, Chairman of GoldMining, commented: “We are very pleased to close on our third meaningful gold resource acquisition this year, a testament to the hard work and dedication of our team in identifying and executing on our vision of consolidating gold assets in the Americas.  Peru is a highly regarded mining jurisdiction, and we’re keen to establish our presence in-country with the acquisition of Crucero. We look forward to working with our technical staff and consultants to update the resource at Crucero in the coming months, further building upon our already sizeable resource base to maximize gold leverage for our shareholders.”

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