07:31 AM EDT, 08/20/2025 (MT Newswires) -- GoldMining ( GLDG ) reported Wednesday additional strong historical gold-antimony intercepts from its Crucero project in Peru.
Highlights include 3.51 grams per tonne (g/t) of gold equivalent over 93 meters, comprising 1.08 g/t gold and 0.69% antimony.
The results are part of the company's review of the project's historical drill database, confirming significant antimony values in addition to the current gold-only mineral resource estimate.
"With antimony prices near record highs and growing recognition of its strategic importance in critical supply chains, we see compelling potential to enhance the economic profile of the project by incorporating antimony mineralization into our existing gold models," CEO Alastair Still said.
GoldMining ( GLDG ) said it is advancing work to incorporate antimony into a new mineral resource estimate for the project.
GoldMining's ( GLDG ) share price fell 1.8% on Tuesday to $1.10 on the TSX.