U.S. GoldMining (USGO) Company Report

U.S. GoldMining Inc. is advancing its Whistler Gold-Copper Project in Alaska, which contains gold, copper, and silver.
The company is encouraged by the U.S. Geological Survey's inclusion of copper and silver in the 2025 List of Critical Minerals on November 7, 2025, identifying them as vital to the U.S. economy and national security.
The Whistler Project's mineral resource estimate, effective September 12, 2024, includes 1.024 billion pounds of copper, 18.987 million ounces of silver, and 3.933 million ounces of gold in the Indicated category.
Additionally, the project has an Inferred category containing 317 million pounds of copper, 11.521 million ounces of silver, and 3.311 million ounces of gold.

Nov 13, 2025, 12:15 PM

U.S. GoldMining Highlights Whistler Project After Copper and Silver Added to U.S. Critical Minerals List

USGO

New Projects/Investments

U.S. GoldMining Inc. (USGO) is advancing its Whistler Gold-Copper Project in Alaska, which hosts gold, copper, and silver resources.
On November 7, 2025, the U.S. Interior Department included copper and silver in its 2025 List of Critical Minerals, a designation U.S. GoldMining believes will benefit the Whistler Project.
The Whistler Project's mineral resource estimate, effective September 12, 2024, indicates over 1 billion pounds of copper and almost 19 million ounces of silver in the Indicated category, in addition to 3.93 Moz gold.
CEO Tim Smith highlighted the opportune timing of this development as the company progresses its preliminary economic assessment (PEA) for the project, aligning with U.S. initiatives for domestic resource security.

Nov 13, 2025, 12:00 PM

U.S. GoldMining Inc. Reports Q3 2025 Operating Results

USGO

Earnings

New Projects/Investments

U.S. GoldMining Inc. reported an operating loss of $2.5 million and a net loss of $2.5 million for the three months ended August 31, 2025, an improvement from an operating loss of $5.1 million and a net loss of $5.0 million in the prior year period. For the nine months ended August 31, 2025, the company recorded an operating loss of $5.7 million and a net loss of $5.6 million.
As of August 31, 2025, U.S. GoldMining Inc. held cash and cash equivalents of $3,575 thousand and restricted cash of $59 thousand, with total assets of $5,956 thousand and total liabilities of $1,089 thousand.
The cash and other assets held by U.S. GoldMining Inc. are solely for its own operations and are not available for use by GoldMining Inc. or its other subsidiaries.

Oct 10, 2025, 9:03 PM

U.S. GoldMining Inc. Hosts Congressman Nick Begich at Whistler Gold-Copper Project

USGO

New Projects/Investments

U.S. GoldMining Inc. hosted Congressman Nick Begich at its Whistler Gold-Copper Project in Alaska on September 21, 2025, highlighting national-level interest in responsible resource development opportunities.
The company is actively advancing its initial economic assessment study (PEA) for the Whistler Project, aiming to define a potential economic base-case mining opportunity.
Recently released metallurgical test work, a key component of the PEA, demonstrated gold recoveries of 85.3%, representing a 22% improvement over prior results.
The Whistler Project has a Mineral Resource Estimate of 6.48 Moz AuEq Indicated and 4.16 Moz AuEq Inferred.

Sep 29, 2025, 11:15 AM

U.S. GoldMining Hosts Congressman Begich at Whistler Gold-Copper Project

USGO

New Projects/Investments

Guidance Update

U.S. GoldMining Inc. hosted Congressman Nick Begich at its Whistler Gold-Copper Project on September 21, 2025, following a visit by Senator Lisa Murkowski in August 2025, underscoring growing political interest in Alaska's resource opportunities.
The company is actively advancing its Preliminary Economic Assessment (PEA) for the project and has extended its 2025 exploration program into early October to maximize scout drilling coverage.
Recent metallurgical test work, a key component of the PEA, demonstrated gold recoveries of 85.3%, representing a 22% improvement over prior results.

Sep 29, 2025, 11:00 AM

U.S. GoldMining Inc. announces improved gold recovery rates for Whistler Gold-Copper Project

USGO

New Projects/Investments

U.S. GoldMining Inc. announced updated metallurgical test work results for its Whistler Gold-Copper Project, achieving a combined gold recovery of up to 85.3% Au, 79.1% Cu, and 55.3% Ag.
This represents a 22% improvement in gold recovery compared to previous test work, which yielded approximately 70% gold recovery from sulphide flotation alone.
The enhanced recovery is attributed to a new process flowsheet combining conventional flotation with a sequential leach process, providing key inputs for the ongoing preliminary economic assessment (PEA).

Sep 22, 2025, 11:19 AM

U.S. GoldMining Announces Improved Gold Recovery for Whistler Gold-Copper Project

USGO

New Projects/Investments

U.S. GoldMining Inc. announced updated metallurgical test work results for its Whistler Gold-Copper Project, achieving a combined overall recovery of up to 85.3% gold (Au), 79.1% copper (Cu), and 55.3% silver (Ag).
This gold recovery marks a 22% increase over previous test work, which only included sulphide flotation, by incorporating a sequential leach process.
The test work successfully produced a copper concentrate grading 23.7% Cu.
These results will provide key metallurgical recovery and process flowsheet inputs for the ongoing Preliminary Economic Assessment (PEA) of the project.

Sep 22, 2025, 11:00 AM

Get instant answers from SEC filings, earnings calls & more