Project UpdateJul 6, 2026, 06:51 AM
U.S. GoldMining Starts 2026 Drilling at Whistler Gold-Copper Project
AI Summary
U.S. GoldMining Inc. has commenced its 2026 drilling program at the 100% owned Whistler Gold-Copper Project in Alaska. The program focuses on high-priority exploration targets within the Whistler Orbit, a 7.5 km by 4.5 km porphyry cluster, aiming to discover new porphyry centers. This initiative follows a recent Preliminary Economic Assessment (PEA) that projected a $2.0 billion NPV5% and 33% IRR for the project. The company expects to release the first assay results by the end of Q3 2026.
Key Highlights
- 2026 drilling program commenced at Whistler Gold-Copper Project in Alaska.
- First drill active at Whistler Orbit, second drill en route.
- Program targets 25+ exploration targets within a 7.5 km by 4.5 km porphyry cluster.
- PEA projected $2.0 billion NPV5% and 33% IRR for the project.
- Program is fully funded to drill a minimum of 6,000 meters of core.
- First assay results anticipated by the end of Q3 2026.
Price Impact
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