# GoldMining Files PEA Technical Report for its La Mina Project, Colombia - Highlighting $1.0 Billion After-Tax NPV and 32% IRR

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/goldmining-files-pea-technical-report-for-its-la-mina-project-colombia-highlight--9585b0f5-f456-4cfe-a5d0-f6cf8ca8c60c

Original source: https://money.tmx.com/en/quote/GOLD/news/4779507907008074/goldmining-files-pea-technical-report-for-its-la-mina-project-colombia-highlight

Publisher: tmx

Original announcement: 2026-06-08T10:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: GoldMining Inc.

- Ticker: GOLD

- Exchange: TSX

- Region: Antioquia, Colombia

- Primary commodity: Gold

- Secondary commodities: Copper, Silver

- Document categories: Metallurgy, Resource update

- Extracted: 2026-09-16 02:42:54 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

GoldMining Inc. has filed a NI 43-101 Technical Report and Preliminary Economic Assessment \(PEA\) for its La Mina gold-copper project in Colombia. The PEA highlights a base case after-tax NPV of $1.0 billion and an IRR of 32.2%, with significant upside potential at current spot metal prices.

Reasoning: The filing of a PEA for a major gold-copper project with strong economic indicators \(NPV/IRR\) is a significant development for a resource-stage company.

- Positive factor: Strong base case economics with $1.0B NPV and 32.2% IRR

- Positive factor: High leverage to spot prices

- Positive factor: High capital efficiency \(1.9x NPV/CAPEX ratio\)

- Positive factor: Strong production profile of 1.5 Moz AuEq LOM

- Negative factor: PEA is preliminary in nature with no certainty of realization

- Negative factor: Includes Inferred Mineral Resources which are speculative

Facts used in scoring: 3

## Classification and evidence

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: The document announces a Preliminary Economic Assessment \(PEA\) for the La Mina project.

Evidence · text

> includes the previously announced updated preliminary economic assessment \(the "2026 PEA"\)

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: The PEA contemplates a processing flowsheet utilizing standard froth flotation and leach circuits.

Evidence · text

> utilizing standard froth flotation and leach circuits

**Single Domain Only**

Polarity: negative

Definition: Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Metallurgical Results (3)

### flotation and leach circuits

[Link to this fact](https://atlas-extractions.minestarters.com/news/goldmining-files-pea-technical-report-for-its-la-mina-project-colombia-highlight--9585b0f5-f456-4cfe-a5d0-f6cf8ca8c60c#fact-metallurgical-facts-0)

La Mina Project · gold

#### Identity

- Project: La Mina Project
- Commodity: gold
- Region: colombia
- Reported Region: Antioquia, Colombia
- Ticker: GOLD

#### Test Work

- Program Status: preliminary
- Test Type: flotation and leach circuits
- Processing Route: standard froth flotation and leach circuits
- Sample: La Mina Project LOM production

#### Recovery

- Recovery: 91 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-08T00:00:00.000Z

Reasoning: 91% gold recovery is within the strong/exceptional band for mill/leach routes.

- Positive factor: 91% recovery is strong for gold

Evidence · text

> metallurgical recoveries of 91% Au

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

**Byproduct Commodity**

Polarity: neutral

Definition: The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: the release describes a byproduct credit

### flotation and leach circuits

[Link to this fact](https://atlas-extractions.minestarters.com/news/goldmining-files-pea-technical-report-for-its-la-mina-project-colombia-highlight--9585b0f5-f456-4cfe-a5d0-f6cf8ca8c60c#fact-metallurgical-facts-1)

La Mina Project · copper

#### Identity

- Project: La Mina Project
- Commodity: copper
- Region: colombia
- Reported Region: Antioquia, Colombia
- Ticker: GOLD

#### Test Work

- Program Status: preliminary
- Test Type: flotation and leach circuits
- Processing Route: standard froth flotation and leach circuits
- Sample: La Mina Project LOM production

#### Recovery

- Recovery: 80 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-08T00:00:00.000Z

Reasoning: 80% copper recovery is strong for a flotation-based flowsheet.

- Positive factor: 80% copper recovery is strong for flotation

Evidence · text

> 80% Cu

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

**Byproduct Commodity**

Polarity: neutral

Definition: The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: the release describes a byproduct credit

### flotation and leach circuits

[Link to this fact](https://atlas-extractions.minestarters.com/news/goldmining-files-pea-technical-report-for-its-la-mina-project-colombia-highlight--9585b0f5-f456-4cfe-a5d0-f6cf8ca8c60c#fact-metallurgical-facts-2)

La Mina Project · silver

#### Identity

- Project: La Mina Project
- Commodity: silver
- Region: colombia
- Reported Region: Antioquia, Colombia
- Ticker: GOLD

#### Test Work

- Program Status: preliminary
- Test Type: flotation and leach circuits
- Processing Route: standard froth flotation and leach circuits
- Sample: La Mina Project LOM production

#### Recovery

- Recovery: 64 %
- Recovery Basis: actual\_test

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-06-08T00:00:00.000Z

Reasoning: 64% silver recovery is moderate for a byproduct metal.

Evidence · text

> 64% Ag

#### Tags used in scoring

**Mill Route**

Polarity: neutral

Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\).

Why it applies: processing\_route matches the flotation signal

**Low Recovery**

Polarity: negative

Definition: Recovery below the weak band for the commodity and processing route.

Why it applies: 64% is below the weak band \(75%\)

**Byproduct Commodity**

Polarity: neutral

Definition: The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: the release describes a byproduct credit

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
