Confirmation Of Western High-Grade Zone Within Whistler Gold-Copper Deposit

ANCHORAGE, AK - U.S. GoldMining Inc. reported on the 2024 confirmatory diamond core drilling program completed at the Whistler Gold-Copper Project in Alaska. The results highlight WH24-02, which was drilled from within the Whistler Deposit.

Tim Smith, Chief Executive Officer, said, "Based on our evolving geological understanding originating from the successful 2023 drilling program, our technical team continues to identify opportunities to test under-drilled portions of the Whistler Deposit for zones of higher-grade mineralization. A component of the 2024 drill program subsequently focused on confirmatory drilling within the western portion of the Deposit, where as a result of the Company's relogging program and geochemical zonation modeling, WH24-02 targeted a zone of postulated high-grade mineralization, yielding 120 m at 1.00 g/t AuEq. We hope to build upon this program with the goal of further upgrading the existing mineral resource profile of the Project."

As reported in September, the Company drilled six diamond core holes for 4,006 meters during the 2024 field season at the Project. Drilling at the Whistler Deposit was aimed at further delineating and extending areas of high-grade mineralization within deeper portions of the Deposit, building upon the success of the 2023 drilling program which included a standout drill intercept of 652.5 m at 1.00 g/t AuEq, comprised of 0.73 g/t Au, 0.16% Cu and 1.5 g/t Ag from 7.0 m depth to 659.5 m down hole (WH23-03).