GoldMining Lifts Crucero Resource 75% with Antimony Added to Peru Project
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GoldMining ( (TSE:GOLD) ) has provided an announcement.
On February 17, 2026, GoldMining reported an updated mineral resource estimate for its Crucero gold project in southeastern Peru, prepared under NI 43-101 standards. The project hosts orogenic gold-antimony mineralization within Lower Paleozoic metasedimentary rocks and has historically been explored through extensive drilling, trenching and geophysical surveys focused on the A1 Zone.
The new estimate outlines 42.7 million tonnes of Indicated resources at 1.26 g/t gold equivalent for 1.74 million ounces AuEq and 34.9 million tonnes of Inferred resources at 0.93 g/t AuEq for 1.04 million ounces AuEq, reported within a conceptual open pit. For the first time antimony has been modeled, contributing roughly a quarter to a third of AuEq ounces and helping lift Indicated gold-equivalent resources about 75% versus the 2017 estimate, underscoring Crucero’s potential value and adding exposure to a critical strategic metal for stakeholders.
The most recent analyst rating on (TSE:GOLD) stock is a Buy with a C$2.80 price target. To see the full list of analyst forecasts on GoldMining stock, see the TSE:GOLD Stock Forecast page.
Spark’s Take on TSE:GOLD Stock
According to Spark, TipRanks’ AI Analyst, TSE:GOLD is a Neutral.
The score is held back primarily by persistent losses and significant negative operating/free cash flow despite a strong, low-debt balance sheet. Technicals are neutral-to-soft near term, while valuation is constrained by negative earnings and no dividend. A positive exploration update provides some upside support but does not offset the current financial burn profile.
To see Spark’s full report on TSE:GOLD stock, click here.
More about GoldMining
GoldMining Inc. is a Canada-based mineral exploration and development company focused on advancing a portfolio of gold and gold-copper projects in the Americas. The company trades on the TSX and NYSE American and is seeking to grow its resource base and project pipeline, including its 100%-owned Crucero gold project in Peru’s Carabaya Province.
YTD Price Performance: 20.35%
Average Trading Volume: 663,419
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$434.2M
Learn more about GOLD stock on TipRanks’ Stock Analysis page.
