U.S. GoldMining Appoints Mining Industry Veteran Barry Olson as Special Advisor

Core Viewpoint - U.S. GoldMining Inc. has appointed Barry Olson as a Special Advisor, effective September 1, 2025, to support the advancement of the Whistler Gold-Copper Project in Alaska [1][4]. Group 1: Appointment of Barry Olson - Barry Olson is an experienced leader in the mining industry with a successful track record in managing multi-billion-dollar international mining projects, including the Peñasquito mine in Mexico [2][3]. - Olson has over 30 years of experience in senior management roles, including positions at Goldcorp Inc., Coeur Mining Inc., and Amax Gold Inc. [3]. Group 2: Whistler Gold-Copper Project - The Whistler Project is located 105 miles (170 kilometers) northwest of Anchorage, Alaska, and consists of several gold-copper porphyry deposits within a land package of approximately 53,700 acres (217.5 square kilometers) [5]. - The Mineral Resource Estimate for the Whistler Project includes 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 [5]. Group 3: Future Development Plans - The company is preparing to deliver the first initial assessment study (PEA) on the Whistler Project, which is expected to unlock opportunities for future mining development [4]. - A transformative access initiative led by the State of Alaska aims to connect the Whistler Project with existing transportation and energy infrastructure in the Anchorage region [4].