Mining News: News Nuggets: Whistler explorer rebrands; GoldMining shopping for high-quality gold projects

Brazil Resources Inc., owner of the Whistler gold-copper project in Alaska, Dec. 5 said its board of directors has approved a change of its name to GoldMining Inc., which captures the company’s international portfolio and plans moving forward. "We are pleased to change the name of the company to GoldMining Inc. to better reflect our diversified project portfolio and strategy to build a leading gold acquisition and development company throughout the Americas,” GoldMining Chairman Amir Adnani explained. “With more than $21 million cash on hand – and now, a name that better reflects our company's objectives – we plan to continue our exceptional growth with additional low-cost acquisitions of high quality gold projects, to build value throughout this period of a weak gold price environment." GoldMining’s common shares began trading on Canada’s TSX Venture Exchange (under the new symbol "GOLD" and on the OTCQX International market under the new symbol "GLDLF" on Dec. 7. No action will be required by existing shareholders or holders of warrants with respect to the name change. In addition to the Whistler project in Southcentral Alaska, GoldMining is advancing Titiribi, a gold-copper project in Colombia that it recently acquired from Trilogy Metals Inc.; the Cachoeira and São Jorge gold projects in northeastern Brazil; and its Rea uranium project in Alberta, Canada.

-Shane Lasley