U.S. GoldMining Appoints Imola Götz as VP, Project Development

Core Viewpoint - U.S. GoldMining Inc. has appointed Imola Götz as Vice President of Project Development, aiming to advance the Whistler Gold-Copper Project following a positive preliminary economic assessment (PEA) that indicates significant economic potential [1] Company Appointment - Imola Götz brings over 30 years of international mining experience, having held leadership roles at major companies such as Goldcorp and Newmont [1] - Götz will lead engineering, procurement, construction management, and project controls for the Whistler Project [1] Economic Assessment Highlights - The PEA for the Whistler Project estimates an after-tax net present value (NPV5%) of $2.04 billion and an internal rate of return (IRR) of 33.0% with an initial payback period of 2.1 years [1] - The assessment is based on base case prices of $3,200 per ounce of gold, $4.50 per pound of copper, and $37.50 per ounce of silver [1] Project Development Plans - The company is moving towards a possible pre-feasibility study (PFS) to further evaluate the Whistler Project [1] - Götz expressed enthusiasm about the opportunity to develop a new gold-copper project with significant scale [1] Company Background - U.S. GoldMining Inc. focuses on the Whistler Gold-Copper Project, located 105 miles northwest of Anchorage, Alaska, covering approximately 53,700 acres [1]