ANCHORAGE, Alaska, July 21, 2025 /PRNewswire/ – U.S. GoldMining Inc. (NASDAQ: USGO), known for its commitment to advancing the 100% owned Whistler Gold-Copper Project located in Alaska, has officially announced its plans for the 2025 exploration season.
The Company is mobilizing its teams to focus on new potential porphyry gold-copper drill targets within the Whistler Orbit, while also conducting follow-up mapping and sampling at the Muddy Creek prospect.
The 2025 exploration program marks an expansion in scope compared to previous seasons, which primarily aimed at delineating and increasing the Whistler deposit.
As U.S. GoldMining progresses with its initial assessment study (PEA) for the Project—announced earlier on June 9, 2025—the focus will now shift toward establishing a sustainable pipeline of exploration targets at a district scale.
This strategic move aims to uncover additional potential mineral resources in the long run.
The exploration program will delve into the Whistler – Raintree mineral system, often referred to as the ‘Whistler Orbit’.
This area encompasses a classic ‘porphyry cluster’ spanning approximately 5 x 5 km, featuring multiple mapped and interpreted porphyry intrusions, alongside the established Whistler and Raintree West mineral resource deposits.
Additionally, the program includes detailed mapping and sampling of the Muddy Creek mineral system, known for its extensive gold-in-soil geochemical footprint covering around 6 km x 4 km.
This mineral system exhibits signatures indicative of intrusion-related gold.
Tim Smith, the Chief Executive Officer of U.S. GoldMining, expressed enthusiasm over the current market conditions, commenting,
“The near all-time high prices for gold, copper, and silver create an ideal environment to advance the Project on multiple fronts.”
He further remarked on the significance of the 2025 exploration plans, emphasizing that the program would build upon the geological advancements achieved in 2023 and 2024.
The overall objective is to cultivate a series of future mineral resource targets, ensuring long-term sustainability of the Project.
Notably, the three established mineral deposits—Whistler, Raintree, and Island Mountain—represent only about 1% of the Company’s total land holdings.
This statistic highlights the extensive exploration potential available within the Project.
Within its large land package, all situated on State of Alaska Mining claims, U.S. GoldMining has identified numerous additional porphyry and intrusion-related targets.
These range from initial gold-in-soil and geophysical anomalies to more advanced drill targets.
The Program is set to be funded through the Company’s existing treasury and aims to produce new targets for systematic follow-up in future drilling initiatives.
Updates on progress and results will be shared as the program advances.
As part of the planned exploration activities, U.S. GoldMining is preparing to mobilize field teams to the Project in the upcoming weeks, subsequently commencing drilling at the Whistler – Raintree mineral system.
The initial phase of exploration will engage in shallow base of till/top of bedrock auger drilling employing a specialized mobile ‘shock auger’ drill.
This innovative drill is adept at penetrating unconsolidated till deposits, facilitating rapid and cost-effective testing of multiple near-surface target areas.
The primary goal of this auger drilling initiative is to strategically locate fertile porphyry intrusions and identify future deeper follow-up drill targets.
Currently, over 25 individual potential exploration targets have already been identified within the Whistler – Raintree mineral system, exhibiting geophysical signatures akin to that of the known Whistler deposit.
Regarding the Muddy Creek prospect, previous exploration efforts involved reconnaissance rock chip sampling.
This process yielded 73 samples with assays exceeding 1 gram per tonne gold (g/t Au), including 20 samples that exceeded 10 g/t Au, and peak values recorded at 111.50 g/t Au, 69.13 g/t Au, and 56.6 g/t Au, as noted in the June 16, 2025 news release.
The upcoming mapping and follow-up sampling efforts during this field season are designed to trace the intrusion-related mineral system.
The objective is to delineate areas characterized by higher density quartz veining, which might be located within the upper sections of the host granitoid intrusion.
Ultimately, the goal is to establish targets for a future follow-up drilling program.
For those interested in the technical aspects, additional details regarding the Project and the referenced mineral resource estimates can be found in the technical report summary titled “S-K 1300 Technical Report Summary Initial Assessment for the Whistler Project, South Central Alaska” (effective date September 12, 2024), as well as the technical report “NI 43-101 2024 Updated Mineral Resource Estimate for the Whistler Project, South Central Alaska” (effective date September 12, 2024).
These reports are available through the Company’s profiles on both www.sec.gov and www.sedarplus.ca.
Tim Smith, P.Geo., in his capacity as Chief Executive Officer of U.S. GoldMining, supervised the preparation of this news release and reviewed and approved the scientific and technical data contained therein.
Mr. Smith qualifies as a ‘qualified person’ under Canadian National Instrument 43-101 standards for disclosure related to mineral projects.
U.S. GoldMining Inc. remains committed to its mission of exploring and developing its gold-copper projects in Alaska.
As it continues to navigate the market for resources, the Company’s endeavors at the Whistler Gold-Copper Project are positioned to leverage the current highs in gold, copper, and silver pricing.
The potential for uncovering significant mineral resources remains high, with the 2025 exploration campaign set to yield critical data that could shape the project’s future.
The Company invites stakeholders and interested parties to stay tuned for ongoing updates regarding this ambitious exploration agenda.
In summary, U.S. GoldMining Inc. is pacing ahead with its exploration plans for 2025, aiming to enhance its mineral resource estimates while capitalizing on favorable market conditions.
With a strategic focus on both established and potential new mineral resources, the company’s future seems promising as it sets out on this pivotal exploration journey.
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