ANCHORAGE, Alaska , Nov. 18, 2024 /CNW/ - U.S.
GoldMining Inc. (NASDAQ: USGO) (" U.S.
GoldMining " or the " Company ") is pleased to announce new assay results from the 2024 confirmatory diamond core drilling program completed at the Whistler Gold-Copper Project (the " Project ") in Alaska, U.S.A.
The results reported in this news release will highlight WH24-02, which was drilled from within the Whistler Deposit (the " Deposit "). Selected Highlights: * AuEq is calculated consistent with the methodology outlined in Whistler Project technical report "S-K 1300 Technical Report Summary Initial Assessment for the Whistler Project, South Central Alaska" with an effective date of September 12, 2024, available under the Company's profile at www.sec.
gov , and as referenced in a news release dated October 7, 2024 . Specifically: below 10g/t Ag: AuEq=Au + Cu*1.771 + 0.
0113Ag, and above 10g/t Ag: AuEq=Au + Cu*1.771. Tim Smith , Chief Executive Officer of U.
S. GoldMining, commented: "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-g.