U.s. Goldmining Inc. · NASDAQ:USGO
U.s. Goldmining — Investor Presentation (May 2025)
22 slides from U.s. Goldmining's investor presentation, May 2025
Slide 1: Corporate Presentation
USGO: NASDAQ | US.GOLDMINING.US Corporate Presentation Rediscovering the Whistler Gold-Copper Project in Alaska May 2025
Slide 2: Disclaimer
Disclaimer THIS PRESENTATION IS NOT INTENDED AS, AND DOES NOT CONSTITUTE, AN OFFER TO SELL SECURITIES OF U.S. GoldMining INC. (THE “COMPANY” OR “US GoldMining”). No securities commission or other regulatory authority in Canada or any other country or jurisdiction has in any way passed on the merits
Slide 3: Rediscovering the Whistler Gold-Copper Project
Rediscovering the Whistler Gold-Copper Project WHISTLER GOLD-COPPER PROJECT Red Dog Alaska Yukon Three gold-rich porphyry deposits Livengood Combined 6.5 Moz AuEq Indicated + 4.2 Moz AuEq Inferred* Fort Knox Eagle Pogo Coffee Fully permitted for exploration, drilling commenced 2023 Casino Donlin 100
Slide 4: Experienced Leadership Team
Experienced Leadership Team Management & Directors - Experience of Majors, with Entrepreneurial Nimbleness Board and Management Tim Smith Alastair Still Amir Adnani David Garofalo CEO Chair Co-Chair, GoldMining Co-Chair, GoldMining Professional Geoscientist CEO of GoldMining Inc and Entrepreneur and
Slide 5: U.S. GoldMining at a Glance
U.S. GoldMining at a Glance Tight Share Structure and Funded for Growth Capital Markets Overview (US$M) Share Structure(1) Institutional Support – IPO Syndicate Issued & Outstanding 12.5 M Warrants 1.7 M Options 0.3 M Fully Diluted 14.5 M Market Data(2) Shareholder Structure(1) Share Price (USGO: NA
Slide 6: Whistler Project Mineral Resource Estimate
Whistler Project Mineral Resource Estimate Large Gold Inventory with Significant Copper Component Grade* Contained Metal* Million Classification Tonnes Gold Silver Copper AuEq Gold Silver Copper AuEq (Mt) g/t g/t % g/t Moz Moz Mlbs Moz Indicated 294.5 0.42 2.01 0.16 0.68 3.93 18.99 1,024 6.48 Inferr
Slide 7: Whistler Deposit: Robust High-Grade Core
Whistler Deposit Robust High-Grade Core Whistler Deposit Cross Section Additional details of the mineral resource estimate are set forth in the report titled “S-K 1300 Technical Report Summary Initial Assessment for the Whistler Project, South Central Alaska” with an effective date of September 12,
Slide 8: Whistler Deposit: High Grade Starter Pit Option
Whistler Deposit Robust High-Grade Core, Option for High Grade Starter Pit Mineralized In Situ Waste Strip NSR AuEQ Au Cu Ag Tonnage Metal Tonnage Ratio PIT PHASE CLASS (US$/tonn (AuEq Waste:Mi (ktonnes) (g/t) (g/t) (%) (g/t) (ktonnes) e) koz) nz Indicated 22,425 34.81 1.04 0.65 0.23 2.30 750 PHASE
Slide 9: Whistler Project Resource Sensitivity Highlights
Whistler Project Resource Sensitivity Highlights Size & Grade of High-Grade Core Whistler Project MRE at $10.50/t* Grade* Contained Metal* Million Classification Tonnes Gold Silver Copper AuEq Gold Silver Copper AuEq (Mt) g/t g/t % g/t Moz Moz Mlbs Moz Indicated 294.5 0.42 2.01 0.16 0.68 3.93 18.99
Slide 10: Exploration Potential
Exploration Potential District Scale Upside Exploration strategy to optimize growth potential & quality of existing resources Focus on flagship Whistler Deposit & the Whistler Orbit 1. Wingspan Exploration - Extensions of existing deposits o Current resources open to depth and along strike 2. Improv
Slide 11: Whistler Deposit Geologic Model
Whistler Deposit Geologic Model Whistler Intrusive Suite The "WIS " comprises a composite N of ‘productive’ (mineralized) intrusive phases, cut by late- to ‘post-mineral’ intrusive phases. Drilling to date has only constrained the WIS on the east Contact and west margins. Country Rock Productive dio
Slide 12: Wingspan Expansion & Infill - Drill Targets
Whistler Deposit Wingspan Expansion & Infill - Drill Targets 3D analysis of the distribution of MRE pit shell Gap in deeper the previous drilling and current drilling to NE, north of mineral resource block model phreatic breccia N Continuity of that disrupts against the WIS geologic model, NNW-SSE h
Slide 13: Wingspan Expansion & Infill – 2023 & 2024 Drillholes
Whistler Deposit Wingspan Expansion & Infill – 2023 & 2024 Drillholes 2023 Drill Results WH23-01: 241.05 meters at 0.60 g/t AuEq From 1.95 meters depth (0.33 g/t Au, 0.16% Cu and 1.86 g/t Ag) WH23-02: 142.34 meters at 0.51 g/t AuEq From 305 meters depth (0.17 g/t Au, 0.21% Cu and 1.05 g/t Ag) WH23-0
Slide 14: Whistler – Raintree Mineral System
Whistler – Raintree Mineral System AKA ‘Whistler Orbit’ A classic ‘Porphyry Cluster’ 5km x 5km area containing over 25 targets Examples of porphyry intrusive clusters: • Yerington (Arizona) • KSM (British Columbia) • Guayabales/Marmato (Colombia) Schöpa et al, 2017 USGO: NASDAQ | USGOLDMINING.US 14
Slide 15: Porphyry Cluster – Multiple Targets
Whistler – Raintree Mineral System Porphyry Cluster – Multiple Targets Whistler Orbit Au-Cu Porphyry System 2 Proven Porphyry Deposits & Multiple Targets Island Mountain Au-Cu Porphyry System USGO: NASDAQ | USGOLDMINING.US 3D Magnetic inversion modelling to highlight potential diorite porphyry intru
Slide 16: Location & Access
Location & Access Looking west Favorable Terrain for Development Access • 105 miles northwest of Alaska’s largest city of Anchorage o Short flight from Anchorage, Palmer or Wasilla to all-season airstrip o Winter Trail access for heavy/large equipment access • Topography amenable for exploration & f
Slide 17: Proposed Access Road
Proposed Access Road Direct Route from Whistler to Port Alaska State Initiative Port Mackenzie • State of Alaska study into the proposed West Susitna Access Road study • Dept of Transport (DOT) plan to build first 25 miles & Susitna River bridge, proposed 2025 construction start* • Alaska Infrastruc
Slide 18: Sustainability
Sustainability Building Social License to Operate – Continuous and Active Engagement U.S. GoldMining Inc is committed to meaningful and long-term benefits for all stakeholders Inaugural Sustainability Factsheet: ww.usgoldmining.us/esg/overview/ 2022-24 Environmental Baseline Work: • Heritage and Arc
Slide 19: Milestones
U.S. GoldMining Inc. Milestones Achievements to date • 1.2 Moz AuEq added to MRE in 2024 • + 117% increase to Indicated resources • Geologic controls on grade established and high-grade core extended by drilling in Whistler Deposit • New high-grade mineralization discovered at Raintree target Resour
Slide 20: Questions?
Questions? • Please email info@usgoldmining.us
Slide 21: Appendix
Appendix • Whistler Project 2024 Mineral Resource Estimate
Slide 22: Whistler Project Mineral Resource Estimate
Whistler Project Mineral Resource Estimate Notes: 4. The lower portion of the Raintree West deposit has been constrained by a mineable shape with “reasonable prospects 1. Mineral resources are not mineral reserves and do not have demonstrated economic viability. There is no certainty of eventual eco