06:58 AM EDT, 05/28/2025 (MT Newswires) -- GoldMining ( GLDG ) on Wednesday said it filed an updated technical report for its Rea uranium project in the Western Athabasca Basin of Alberta with an effective date of April 30.
The project is owned 75% by GoldMining ( GLDG ) and 25% by Orano Canada. The project surrounds Orano's Maybelle River project that hosts shallow uranium mineralization at the Dragon Lake deposit.
The geological structure hosting Dragon Lake is projected to extend over an additional 11 kilometers of strike across the northern Rea Project.
Apart from the Maybelle River project, the western Alberta portion of the basin has had minimal exploration to date. GoldMining ( GLDG ) has identified 70 km of prospective trends in three distinct corridors for future exploration, namely Maybelle River, Net Lake and Keane Lake.
GoldMining's ( GLDG ) proposed uranium exploration program at the Rea project has been approved to proceed by the Alberta Energy Regulator.
GoldMining's ( GLDG ) share price at last look rose 0.4% to US$0.77 in U.S. pre-market trading on Wednesday.