Yellowknife is a gold project wholly owned and operated by GoldMining Inc. (“GoldMining”). The project is located in Northwest Territories, Canada, and spans over 12,239 hectares of land over the historic Yellowknife Greenstone Belt which has seen production of over 15 million ounces of gold from the Con, Giant, and Discovery mines. The Yellowknife project first saw exploration activity in 1987, with over 1,000 holes drilled over 230,000 meters since then to unlock the underlying value of the project to its current state.
Yellowknife is comprised of 5 properties (Nicholas Lake, Ormsby, Goodwin Lake, Clan Lake, and Big Sky) and covers portions of the Yellowknife Greenstone Belt from 17 km to 100 km north of the town of Yellowknife. The Nicholas Lake and Ormsby zones are both open at depth with Nicholas Lake open from 450m below surface and Ormsby 550m below surface.
In June 2021, GoldMining released an amended technical report for the Yellowknife project showcasing a Resource Estimate of 1.8 Moz Au resource with recoveries as high as 92%, showing similar exciting results as that of the historic Pre Feasibility Study carried out on the project by previous owner, Tyhee Gold Corp.