Business
Alaska Governor Mike Dunleavy Visits Whistler Gold-Copper Project and U.S. GoldMining Provides Update on Proposed Access Road
ANCHORAGE, Alaska, Aug. 8, 2023 /CNW/ - U.S. GoldMining Inc. (NASDAQ: USGO) ("U.S. GoldMining" or the "Company") is pleased to provide details on Alaska State G
About this update from U.s. Goldmining Inc.
[{"type":"text","content":" ANCHORAGE, Alaska, Aug. 8, 2023 /CNW/ - U.S. GoldMining Inc. (NASDAQ: USGO) (\"U.S. GoldMining\" or the \"Company\") is pleased to provide details on Alaska State Governor Mike Dunleavy's recent visit to the Company's Whistler gold-copper project (\"Whistler\") in Alaska, USA. The Company is also pleased to provide updates on recent significant advancements in Alaska State's 'Roads to Resources' initiative which includes the proposed West Susitna Access Road (\"WSAR\") to the Whistler project. Highlights: Alaska State Governor Mike Dunleavy and Alaska Department of Transportation and Public Facilities (\"DOT&PF\") Commissioner, Ryan Anderson, visited the Company's Whistler Project on August 3, 2023, accompanied by U.S. GoldMining's CEO, Tim Smith. Governor Dunleavy's visit to Whistler comprised part of an overview tour of the WSAR, a proposed approximately 100 mile-long road corridor which will connect Whistler with existing highway, rail, power and port infrastructure, and a large and skilled workforce living in the tri-city municipalities of Anchorage, Palmer and Wasilla. On July 27, 2023, DOT&PF announced plans to include the first 15 miles of the WSAR, including a major bridge over the Susitna River, within the draft '2024-2027 Statewide Transportation Improvement Program' with funding set aside for construction to begin in 2025, pending permitting. Subsequent to the DOT&PF announcement, on July 28, 2023, the Alaska Industrial Development and Export Authority (\"AIDEA\") announced that it will continue working on a separate and additional portion of the WSAR, extending beyond the proposed DOT&PF road build to establish an industrial access corridor to several exploration and development projects in the West Susitna Mining District, including the Company's Whistler project. On July 18, 2023, Matanuska-Susitna (\"MatSu\") Borough Assembly recently approved a resolution to pursue federal or state funding to convert 18 miles of partially completed rail embankment into a paved road suitable for heavy haulage, which will link the DOT&PF planned portion of the WSAR with Port Mackenzie existing port facilities and infrastructure. Tim Smith, CEO of U.S. GoldMining, commented: \"We greatly appreciate Governor Dunleavy visiting the Whistler project a...