23 Mar 2026resource reserve update● Neutral
The company filed the formal NI 43-101 technical report backing up its March 2 Preliminary Economic Assessment, restating the same project economics in Canadian regulatory format.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
2 Mar 2026resource reserve update▲ GoodMajor
U.S. GoldMining released its first Preliminary Economic Assessment for Whistler: a base-case after-tax NPV of $2.04 billion (33% IRR, 2.1-year payback) at $3,200/oz gold, rising to $4.88 billion (62% IRR) at spot prices, built on 345,000 oz/year average gold-equivalent production for the first three years and 3.6 million ounces over a 14.6-year mine life, with $1.28 billion of initial capital - a major validation of the project's economics using only one of its three known deposits.
3 Feb 2025drilling result▲ GoodMajor
Final assays from the 2024 program confirmed grade improves with depth in the western Whistler Deposit - hole WH24-04 hit 458 meters at 0.75 g/t gold-equivalent including higher-grade zones, and WH24-03 tested the northwest quadrant successfully - closing out the season on a strong note as the company also noted a supportive federal policy shift toward Alaska resource development.
21 Nov 2024resource reserve update● Neutral
The company filed the formal Canadian NI 43-101 technical report documenting the same updated Whistler resource estimate announced October 7 - a regulatory-format companion to that news, not a change in the figures.
18 Nov 2024drilling result▲ GoodMajor
Further 2024 assays confirmed a new high-grade zone in the western Whistler Deposit, identified through relogging and geochemical modeling: hole WH24-02 hit 120 meters at 1.00 g/t gold-equivalent.
7 Oct 2024resource reserve update▲ GoodMajor
U.S. GoldMining released its first major resource update since re-starting drilling: an Indicated resource of 294 million tonnes at 0.68 g/t gold-equivalent (6.48 million ounces) - up 117% from the 2022 estimate - plus an Inferred resource of 198 million tonnes (4.16 million ounces) at Whistler, with 12 additional under-explored targets identified nearby.
30 Sept 2024drilling result▲ GoodMajor
The 2024 drill program's initial results extended the 2023 discovery further: a re-entry of WH23-03 grew the high-grade intercept to 652.5 meters at 1.00 g/t gold-equivalent, while new drilling at the Raintree open-pit target also hit porphyry-style mineralization - a full 4,005-meter season completed.
16 Jan 2024drilling result▲ GoodMajor
The company's first drilling at the Whistler Gold-Copper Project (Alaska) in over a decade delivered strong results: hole WH23-03 intersected 547 meters at 1.06 g/t gold-equivalent - the longest mineralized intercept ever recorded at the project - with the deposit remaining open at depth and along strike; a 10,000-meter follow-up program is planned for 2024.