U.S. GoldMining starts drilling program at Alaska's Whistler gold‑copper project
U.S. GoldMining Inc. announced a new drilling campaign targeting several gold‑copper zones at its wholly owned Whistler project in Alaska. The initiative follows a positive Preliminary Economic Assessment (PEA) released earlier in the year and aims to advance the exploration and development of the resource.
The company highlighted the current market backdrop, noting strong demand for copper in electrification and infrastructure projects and gold’s role as an inflation hedge. Goldman Sachs recently raised its year‑end copper price target, underscoring a tight supply situation. The Whistler PEA remains provisional, containing no mineral reserves and not substituting a feasibility study; further permitting, financing, and technical work are required before any construction decision.
The press release was distributed through German advertising platforms, with SRC Swiss Resource Capital AG acting as the paid IR adviser for U.S. GoldMining.