U.S. GoldMining Launches District-Scale 2025 Exploration Program Alaska
U.S. GoldMining Launches District-Scale 2025 Exploration Program Alaska

U.S. GoldMining Launches District-Scale 2025 Exploration Program Alaska

News summary

U.S. GoldMining Inc. has launched its 2025 exploration program at the Whistler Gold-Copper Project in Alaska, focusing on district-scale growth by developing new drill targets at the Whistler Orbit and Muddy Creek areas. The program involves systematic 'scout' drilling over a 5 x 5 km area within the Whistler-Raintree mineral system and aims to expand the project's resource base through follow-up exploration campaigns. Historic sampling at Muddy Creek has revealed high-grade gold presence, with peak values reaching 111.50 g/t Au, underscoring the area's potential. The project has drawn political support, highlighted by a visit from U.S. Senator Lisa Murkowski, emphasizing interest in responsible resource development in the West Susitna Mineral District. Concurrently, U.S. GoldMining is advancing a preliminary economic assessment (PEA) for the Whistler Project, with plans for deeper drill testing in 2026. Despite financial challenges and an overall underperform rating from some analysts, the company continues to pursue exploration to grow its mineral resource base.

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