U.S. GoldMining Reports Major Gold-Copper Targets in Alaska
U.S. GoldMining Reports Major Gold-Copper Targets in Alaska

U.S. GoldMining Reports Major Gold-Copper Targets in Alaska

News summary

U.S. GoldMining Inc. has reported significant exploration potential at its Whistler Gold-Copper Project in Alaska, covering 53,700 acres within the West Susitna Mineral District. The project features three distinct mineral systems—Whistler-Raintree, Island Mountain, and Muddy Creek—with historic drilling intercepts including 652.5 meters at 1.00 g/t gold equivalent and a new discovery near Raintree West of 138.0 meters at 0.99 g/t gold equivalent. The company plans phased exploration programs starting this summer alongside an initial economic assessment and infrastructure development such as the West Susitna Access Road. Meanwhile, Savannah Goldfields Limited has identified a new gold exploration target at its Georgetown Project in Australia, estimated between 100,000 and 200,000 tonnes with grades ranging from 2.0 to 5.0 g/t gold, supporting its strategy to extend feed sources for its processing plant and prolong mining operations. Further drilling and assaying are planned to convert this target into a JORC-compliant Mineral Resource. These developments highlight ongoing efforts by mining companies to expand gold resources amid favorable market and jurisdictional conditions.

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