U.S. GoldMining Inc. reports developments in mineral exploration and project evaluation for its 100%-owned Whistler Gold-Copper Project in Alaska. Company updates focus on gold-copper porphyry targets, diamond core drilling programs, geochemical and geophysical target generation, and technical disclosure tied to the project's initial economic assessment.
Recurring news also covers S-K 1300 and NI 43-101 technical reports, project-development leadership additions, permitting and infrastructure context for Whistler, and the company's relationship with majority owner GoldMining Inc. The issuer operates as a single-segment mineral exploration company focused on mineral properties.
U.S. GoldMining (NASDAQ: USGO) announced a positive 2026 PEA for the 100% owned Whistler gold-copper project in Alaska. The base-case after-tax NPV5% is $2.04B with a 33.0% IRR and 2.1-year payback; spot-case NPV5% is $4.88B with a 62.0% IRR.
The PEA models a 14.6-year open-pit mine, 40,000 tpd processing, initial capital of $1.28B, AISC of $1,046/oz (by-product) and average early-years production ~345koz AuEq/year.
GoldMining (NYSE American: GLDG) reported additional assays from the 2025 São Jorge drilling program on Jan 26, 2026, covering 9,533 m of drilling (3,862 m core, 3,528 m RC, 2,143 m auger) across its 100% owned 46,000 ha project in Pará, Brazil.
Key results include a deep intercept of 19 m at 1.00 g/t Au from 425 m (within 73 m at 0.54 g/t Au), shallow northwest intercepts of 3 m at 1.10 g/t Au from 10 m and 1 m at 1.15 g/t Au from 45 m, and the identification of a >1 km William South IP chargeability anomaly similar in scale to the Deposit signature. The company plans 2026 drilling to test the William South core and additional down-dip extensions.
GoldMining (NYSE: GLDG, TSX: GOLD) announced on January 22, 2026 the appointment of Martin Dumont as Vice President, Corporate Development & Investor Relations. Dumont joins from Sandstorm Gold Royalties, where he worked on streaming, royalty transactions and corporate M&A, and previously held equity research and investor relations roles at BMO Capital Markets and IAMGOLD.
He holds a Bachelor of Business Administration from the University of Guelph and is a Chartered Professional Accountant (CPA, CA). Management says his experience across corporate development, capital markets and investor relations will support the company’s strategy, investor engagement and efforts to advance its portfolio of gold and gold-copper assets across the Americas.
U.S. GoldMining (GLDG) reported initial results from its 2025 scout exploration at the 100%‑owned Whistler Gold‑Copper Project, Alaska. A 169‑hole shallow program (3–8 m) collected basal till in all holes and top‑of‑bedrock chips in 63% of holes, identifying four high‑priority Au±Cu target areas (Whistler extensions, Mammoth & Snow Ridge, Raintree, Hotfoot) across a ~7.5 km by 4.5 km porphyry cluster. Follow‑up infill and deeper diamond core drilling is planned for summer 2026; a project PEA is targeted before end of Q1 2026.
GoldMining (NYSE American: GLDG) reported additional 2025 RC drilling results from the 100% owned São Jorge Project, Pará, Brazil, highlighting new exploration potential at the William South prospect ~1.5 km north of the São Jorge deposit. Key intercepts include 12 m at 2.38 g/t Au (incl. 1 m at 22.08 g/t) and 4 m at 1.11 g/t Au. The 2025 program completed 9,533 m of drilling on-budget, and preliminary IP processing shows William South lies on the southern flank of a broad chargeability/resistivity anomaly similar to the São Jorge deposit. Further drilling is planned to test the anomaly core in 2026.
GoldMining (NYSE American: GLDG) announced a management change effective January 1, 2026. Paulo Pereira resigned as President to become Country Manager, Brazil, focusing on the company's Brazilian projects.
Alastair Still, CEO, will assume the additional role of President effective January 1, 2026. The company noted continued exploration at the São Jorge Project in Pará State, which has completed the largest exploration program in the company's history.
U.S. GoldMining (NASDAQ: USGO) highlighted the inclusion of copper and silver on the U.S. 2025 List of Critical Minerals (published Nov 7, 2025) and linked that policy development to its Whistler Gold-Copper Project in Alaska. The company said Whistler's mineral resource estimate includes over 1.0 billion pounds of copper and ~19 million ounces of silver in the Indicated category, plus 3.93 million ounces of gold indicated. Inferred resources were reported as 0.3 billion pounds copper, 11.5 million ounces silver and 3.31 million ounces gold. The Project sits on 53,700 acres about 105 miles from Anchorage and is advancing an initial PEA announced June 9, 2025.
GoldMining (NYSE:GLDG) announced that Brazil's National Mining Agency granted a renewal for exploration claim 866032/2008 (the Colíder Project) effective October 30, 2025. The renewal is valid for three years during which the company must prepare and present a final exploration report.
The Colíder Project is a 10,000 hectare concession in Mato Grosso State within the Alta Floresta Gold Belt. GoldMining is compiling and validating historic data, including 29 RC holes totalling 1,847 metres and selective historic assays up to 11.2 g/t Au, and plans initial ground-truthing and systematic exploration.
U.S. GoldMining (NASDAQ: USGO) will present at Red Cloud's Fall Mining Showcase 2025 in Toronto on November 4–5, 2025. The in-person event is at the Sheraton Centre Toronto Hotel and gathers investors, mining companies and industry leaders.
Tim Smith, CEO, will present on November 4 at 11:00 AM Eastern Standard Time. The company focuses on advancing its 100% owned Whistler Gold-Copper Project, located 105 miles (170 kilometers) northwest of Anchorage, Alaska. Shareholders and interested parties are invited to attend; registration and the full agenda are available at the event website.
GoldMining (NYSE American: GLDG) reported initial 2025 RC drilling results at its 100% owned São Jorge Project in Pará, Brazil, announcing four new gold prospects within a 3.5 km radius of the existing São Jorge deposit.
Highlights include RC intercepts such as 1 m @ 5.98 g/t Au (Dragon West) and 4 m @ 1.78 g/t Au including 1 m @ 5.03 g/t Au (William South). The program has completed 8,514 m of drilling to date (3,862 m diamond core, 2,553 m RC, 2,100 m auger) of a planned combined program. RC drilling was introduced to test shallow targets; numerous samples and ~18 RC holes remain pending assays. Ongoing work includes follow-up RC and potential deeper diamond core drilling, ~40 line-km IP (≈75% complete), LiDAR, and further geochemistry to refine targets.