U.S. GoldMining (USGO) Prnewswire·2024-09-30 11:30Core Insights - The Whistler Deposit has reported an extended high-grade mineralization intercept of 652.5 meters at 1.00 g/t gold equivalent (AuEq) from the re-entry of drill hole WH23-03, which originally drilled in 2023 [1][3] - The total mineralized envelope at the Whistler Deposit now comprises 716.6 meters at 0.93 g/t AuEq, indicating consistent mineralization throughout the intercept [1][7] - The Raintree Open Pit has also shown promising results with drill hole WH24-01 intersecting 61.4 meters at 0.53 g/t AuEq, including higher-grade intervals [1][11] Whistler Deposit - The re-entry of WH23-03 has extended the previously reported mineralization, with significant intervals including 176.0 meters at 1.55 g/t AuEq and 57.0 meters at 1.36 g/t AuEq [1][7] - The mineralization is characterized by a consistent presence of gold, copper, and silver, with the highest-grade core located in the eastern part of the intrusive suite [8][9] - The drilling program has confirmed the continuity of high-grade mineralization, which remains open to depth [6][9] Raintree Open Pit - Drill hole WH24-01 has confirmed both porphyry-style and vein-style mineralization, with the porphyry-style being predominant [10][12] - The porphyry-style mineralization includes 61.4 meters at 0.53 g/t AuEq, while vein-style mineralization includes notable intercepts such as 4.0 meters at 0.78 g/t Au and 171.6 g/t Ag [11][12] - The Raintree Deposit remains open along strike and to depth, warranting further exploration [1][11] Drilling Program - The 2024 drilling season has exceeded 4,005 meters, with a focus on delineating and extending areas of high-grade mineralization [1][3] - The drilling at both the Whistler and Raintree deposits aims to improve the geological model and expand existing resources [5][6] - The company has successfully executed the drilling program safely and ahead of schedule [3]