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U.S. GoldMining Intersects 652.5 Meters at 1.00 G/t Gold Equivalent From Near-Surface Confirming Continuity of High-Grade Core at the Whistler Gold-Copper Deposit, Alaska

PR Newswire ·  Sep 30 19:30

ANCHORAGE, AK, Sept. 30, 2024 /PRNewswire/ - U.S. GoldMining Inc. (NASDAQ: USGO) ("U.S. GoldMining" or the "Company") is pleased to announce initial assay results from the first two diamond drill holes completed of its 2024 drilling program at the Whistler Gold-Copper Project (the "Project") in Alaska, U.S.A., which commenced in late June 2024. The results reported in this news release include WH24-01 drilled within the Raintree West Open Pit Deposit and the re-entry extension of drill hole WH23-03 within the Whistler Deposit.

Highlights:

Figure 1 – Plan map of the northern section of the Whistler Project (see inset), showing the location of the Whistler and Raintree gold-copper-silver deposits. (CNW Group/U.S. GoldMining Inc.)
Figure 2 Whistler Deposit drill plan with gold and copper histograms plotted (left and right respectively; see legend). Traces for 2023 drill holes, including the re-entry of WH23-03 completed in 2024, are shown in bold (with prefix 'WH23'). Drilling is overlain on a geological interpretation of the host diorite porphyry (cut at 200 meters below surface) to illustrate the overall geometry of mineralized porphyry phases (pale purple) and weak to non-mineralized late-stage porphyry phases (darker purple). (CNW Group/U.S. GoldMining Inc.)
Figure 3 Whistler deposit, WH23-03 cross section view. (CNW Group/U.S. GoldMining Inc.)
Figure 4 Raintree West Open Pit deposit drill plan with gold and copper histograms plotted (left and right respectively; see legend). Trace of WH240-01 is shown in bold. Drilling is overlain on a geological interpretation of the host diorite porphyry and volcanic (andesite) country-rock (cut at 200 meters below surface) to illustrate the overall geometry of mineralized porphyry phases (textured green units). (CNW Group/U.S. GoldMining Inc.)
Figure 5 Raintree West deposit, WH24-01 cross section view. (CNW Group/U.S. GoldMining Inc.)
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