U.S. GoldMining launches $2.04 bn Whistler drilling program
U.S. GoldMining Inc. has begun a fully funded 6,000‑meter core drilling program at its Whistler project in Alaska. The initiative targets eight to ten high‑priority porphyry exploration zones, with the first assay results expected by the end of the third quarter of 2026.
The Whistler preliminary economic assessment (PEA) projects a post‑tax net present value of $2.04 billion. The program is overseen by Tim Smith, President and CEO of U.S. GoldMining, who served as the qualified person under NI 43‑101. SRC Swiss Resource Capital AG acts as the company’s paid investor‑relations adviser.
Market context notes that gold remains a strategic store of value amid fiscal and geopolitical uncertainty, while copper demand is rising for power grids and digital infrastructure. A BullionVault survey of more than 950 investors foresees a 13.8 % increase in gold prices by early 2027, and the International Energy Agency projects a roughly 25 % global copper supply gap by 2035.
Entities: Alaska · SRC Swiss Resource Capital AG · Tim Smith · U.S. GoldMining Inc. · Whistler project
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 4 SOURCES] SRC Swiss Resource Capital AG holds an IR advisory contract with U.S. GoldMining.
- [● 4 SOURCES] U.S. GoldMining Inc. has launched a fully funded 6,000‑meter drilling program in 2026.
- [● 4 SOURCES] A BullionVault survey of over 950 investors expects a 13.8 % rise in gold price by early 2027.
- [● 4 SOURCES] Tim Smith, P.Geo., is the CEO of U.S. GoldMining and qualified person under NI 43‑101.
- [● 4 SOURCES] First results are expected by the end of Q3 2026.
- [● 4 SOURCES] The drilling program is part of the Whistler project located in Alaska.
- [● 4 SOURCES] The program will test eight to ten high‑priority exploration targets.
- [● 4 SOURCES] The Whistler PEA reports a post‑tax net present value of US$2.04 billion.
- [● 4 SOURCES] The Whistler project is located in Alaska, United States. (multiple)
- [● 4 SOURCES] The drilling program is fully funded and aims to test eight to ten top targets, with first results expected by the end of Q3 2026. (multiple)
- [● 4 SOURCES] A BullionVault survey of more than 950 investors projected a 13.8 % rise in gold prices by early 2027. (multiple)
- [● 4 SOURCES] SRC Swiss Resource Capital AG serves as a paid investor‑relations adviser for U.S. GoldMining. (multiple)