U.S. GoldMining Inc. Commences Metallurgical Testwork At Whistler Gold-Copper Project, Alaska

Core Viewpoint - U.S. GoldMining Inc. has initiated metallurgical testwork for the Whistler Gold-Copper Project to support a preliminary economic assessment (PEA) under U.S. and Canadian regulations [1][3]. Company Overview - U.S. GoldMining Inc. is focused on the Whistler Gold-Copper Project, which is 100% owned and located 105 miles northwest of Anchorage, Alaska, covering approximately 53,700 acres [4]. - The Whistler Project includes several gold-copper porphyry deposits with a mineral resource estimate of 294 million tons at 0.68 g/t AuEq for 6.48 million ounces AuEq indicated, and 198 million tons at 0.65 g/t AuEq for 4.16 million ounces AuEq inferred [4]. Metallurgical Testwork - The metallurgical testwork aims to develop an optimized preliminary process flowsheet for metal recovery, which will be utilized in the proposed PEA [8]. - Base Metallurgical Laboratories Ltd. has been engaged to conduct the testwork, which will include preparation of variability composites, feed characterization, detailed mineralogy studies, comminution testing, and flotation testing [8]. - Previous testwork indicated recoveries of 70% for gold and 83% for copper, suggesting potential for further optimization [3][8].