U.S. GoldMining Expands Western High-Grade Zone at Whistler Gold-Copper Deposit, Alaska: Intersects 458 meters at 0.75 g/t Gold Equivalent, Including 48 m at 1.23 g/t AuEq and 116 m at 1.00 g/t AuEq

Core Insights - U.S. GoldMining is optimistic about the potential expansion of the Whistler Deposit's mineral resource profile, with recent drilling results indicating improved metal grades with depth [1][6][8] - The current mineral resource estimate includes 6.48 million gold equivalent ounces in indicated resources and an additional 4.16 million gold equivalent ounces in inferred resources [1][24] - The company is preparing for the 2025 exploration season, buoyed by strong local and state support, as well as anticipated federal support following a recent executive order [1][24] Drilling Program Highlights - The 2024 drilling program involved six diamond core holes totaling 4,006 meters, focusing on high-grade mineralization in deeper areas of the Whistler Deposit [4][5] - Notable drill results include WH24-04, which confirmed high-grade mineralization with an intercept of 458 meters at 0.46 g/t gold, 0.16% copper, and 1.66 g/t silver, translating to 0.75 g/t gold equivalent [6][15] - The drilling results from WH24-02 and WH24-03 also indicated significant mineralization, with WH24-02 returning 120 meters at 1.00 g/t AuEq [6][7] Geological Insights - The western portion of the Whistler Deposit is under-drilled, presenting opportunities for further exploration and higher-grade mineralization [5][9] - The geological model suggests that high-grade mineralization is located above deep early quartz veins, which are indicative of hydrothermal fluid ascent paths [7][12] - The company is targeting additional under-drilled areas based on geological criteria to identify potentially higher-grade mineralization [8][9] Future Outlook - The company is excited about the upcoming exploration season in 2025, with expectations of optimizing the mineral resource estimate while conducting engineering and environmental studies [1][4] - The recent executive order from President Trump is expected to enhance federal support for the project, further bolstering the company's exploration efforts [1][24]