Project Overview
U.S. GoldMining Inc. (“U.S. GoldMining”) is a newly created subsidiary of GoldMining Inc., focused on unlocking the substantial value of the Whistler gold-copper project, located in Alaska, USA.
Whistler is a large gold-copper porphyry exploration project located 150 km northwest of Anchorage, Alaska, USA, covering a comprehensive regional land package totalling 217.5 (includes recent Jan 2023 staking) sq km (21,750 ha). The Whistler Project has indicated resources of 3.0 million gold equivalent ounces and inferred resources of 6.5 million gold equivalent ounces.
Mineral resources have been estimated at three gold-copper porphyry deposits (Whistler, Raintree West and Island Mountain) and several additional geophysical and geochemical target anomalies contain mineralized drill intersections that require follow-up drilling. Gold Royalty has coverage over all deposits and prospective targets.
In February 2022, GoldMining Inc created a separate company named U.S. GoldMining Inc. (“U.S. GoldMining”) that would operate Whistler as its flagship asset and have a dedicated team and board to unlock value and “rediscover” the project.
In February 2023, U.S. GoldMining announced the launch of its IPO to raise capital to fund project advancement. Planned field work and studies comprise an initial two-year work program from 2023-2024 with the objective to publish a mining scoping study at the end of that period.
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