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U.S. GoldMining Files PEA Technical Report for Its Whistler Project, Alaska

U.S. GoldMining Inc. (NASDAQ: USGO) ("U.S. GoldMining" or the "Company") is pleased to announce that it has filed an S-K 1300 technical report summary (the "S-K 1300 Report") and a Canadian National Instrument 43-101 ("NI 43-101") technical report respecting the initial economic assessment for the initial economic assessment (the "PEA") on its 100%-owned Whistler Gold-Copper Project ("Whistler" or the "Project") in Alaska reported in its news release dated March 2, 2026.

articleGoldmining Inc.March 23, 20265/company/goldmining-inc/news/us-goldmining-files-pea-technical-report-for-its-whistler-project-alaska
U.S. GoldMining Files PEA Technical Report for Its Whistler Project, Alaska

About this update from Goldmining Inc.

[{"type":"text","content":"ANCHORAGE, Alaska, March 23, 2026 /CNW/ - U.S. GoldMining Inc. (NASDAQ: USGO) ("U.S. GoldMining" or the "Company") is pleased to announce that it has filed an S-K 1300 technical report summary (the "S-K 1300 Report") and a Canadian National Instrument 43-101 ("NI 43-101") technical report respecting the initial economic assessment for the initial economic assessment (the "PEA") on its 100%-owned Whistler Gold-Copper Project ("Whistler" or the "Project") in Alaska reported in its news release dated March 2, 2026.","length":607,"tagName":"p"},{"type":"image","alt":"U.S. GoldMining logo (CNW Group/U.S. GoldMining Inc.)","displaySize":"","headline":null,"caption":"U.S. GoldMining logo (CNW Group/U.S. GoldMining Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":339,"height":42,"url":"https://media.zenfs.com/en/prnewswire.com/bcff8a63f6c6a040ebbdff07d55b2649"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/PeYVhl9spw5zITLgX8GvYQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTc5/https://media.zenfs.com/en/prnewswire.com/bcff8a63f6c6a040ebbdff07d55b2649","width":339,"height":42}},"href":"https://mma.prnewswire.com/media/2939473/U_S__GoldMining_Inc__U_S__GoldMining_Files_PEA_Technical_Report.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"2026 Whistler PEA Highlights1:","length":30,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Strong economics and quick payback: After-tax net present value at 5% discount rate ("NPV5%") of $2.0 billion, an internal rate of return ("IRR") of 33%, and initial payback of 2.1 years, at Base Prices.","length":238,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"At spot prices, the estimated after-tax NPV5% increases to approximately $4.9 billion, an IRR of 62%, and initial payback of 1.2 years.","length":140,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":140,"olType":false}]},{"val":[{"type":"text","content":"Significant production over long mine life: Annual production of 345,000 gold equivalent ("AuEq") ounces ("oz") over the first three years. Life of mine ("LOM") average annual production of 246,000 oz AuEq over the initial 14.6 year mi...

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U.S. GoldMining Inc.PEAU.S. GoldMiningU.S. Department of the InteriorANCHORAGE, Alaskaeconomic assessmentgold ouncethe Projectthe WhistlerWhistler