07:14 AM EDT, 06/18/2024 (MT Newswires) -- GoldMining ( GLDG ) on Tuesday released assay results from the first drill hole at the Sao Jorge project in the Tapajos gold district in Brazil.

Highlights of the results include 163 meters grading 1.02 grams per tonne (g/t) gold, including 37 meters at 2.26 g/t gold, 20 meters at 1.37 g/t gold and 13 meters at 1.35 g/t gold.

The drill program aims to complete confirmatory drilling within and near the margins of the existing Sao Jorge gold deposit and test a reinterpretation of the structural controls on high-grade mineralization.

"The results from this first drill hole are strong and we believe help demonstrate an extensive corridor of mineralization consisting of multiple intercepts of broad gold mineralization," said Tim Smith, vice president of exploration at GoldMining ( GLDG ).