U.S. GoldMining Inc. has officially announced a progress update on activities related to exploration, environmental baseline activities and stakeholder engagement across the Whistler Gold-Copper Project for the 2024 field season in Alaska. In case you weren’t, the Whistler Project comprises four distinct mineral deposits: Whistler, Raintree West Pit, Raintree West Underground, and Island Mountain. Anyway, talk about the provided update on a slightly deeper, it begins from how the ongoing confirmatory drilling of Whistler and Raintree West deposits has produced over 2,500 meters of core so far this year, with productivity rates approximately 50% better than the prior year. Next up, we must get into the fact that U.S. GoldMining Inc’s technical team is rapidly advancing the geological understanding of Whistler and Raintree West deposits, leading to new targets to expand the known deposits. This is a big reason why U.S. GoldMining has already managed to drill three new holes till date this season, one at Raintree West and two at Whistler. Furthermore, WH23-03 was also successfully extended by 274.35 meters, taking its total depth to somewhere around 874.5 meters. This follows up on the previously reported drill intercept, which ended in mineralization comprised of 547.15 meters at 1.06 grams per tonne (g/t) AuEq, comprised of 0.77 g/t gold (Au), 0.17% copper (Cu) and 1.55 g/t silver (Ag), from 53.0 meters depth to end of hole at 600.15 meters. Moving on, the given progress update would reveal how surface exploration activities have commenced within the Whistler-Raintree area, also referred to as the ‘Whistler Orbit’. More on the same would reveal that it is being in proximity to the known deposits which occur within a classic ‘porphyry cluster’. To give you some context, the stated cluster seemingly has the potential for discovery of even more mineralized intrusive centers.
“As we advance our second exploration season at the Whistler Project, with our technical work programs underpinned by a strong set of standards around sustainability and care for the environment, I want to acknowledge our professional and hard-working field teams that are executing on the 2024 program and delivering on budget, ahead of schedule and, most importantly, safely. We remain excited about the results of our 2024 drilling activities, including the successful extension by over 274 meters of a 2023 hole which, as previously announced, had ended in mineralization and represented the best zone of mineralization ever drilled at the Project,” said Tim Smith, Chief Executive Officer of U.S. GoldMining Inc.
Beyond its bid to optimize production, U.S. GoldMining has also shown a strong commitment to preaching sustainability at scale. The same is evident in how it has formed a Sustainability Committee of its board of directors at Whistler. This committee essentially focuses on sustainable exploration activities and dedication towards earning social license to operate and help place the Project on a clear line of site through to future potential mine permitting. Alongside that, the company has also conceived a comprehensive environmental management plan, as well as a safety management system. Both these factors have their success respectively rooted in the fact that, so far this year, U.S. GoldMining hasn’t witnessed a single event environmental non-compliance, and at the same time, it also hasn’t run into lost time incidents.
“Tracking in parallel with our technical programs at Whistler, we have progressed activities to ensure all stakeholders, including policy makers, regulators and the community are informed of our ongoing progress and potential future mine development activities. As such, we are committed to transparent and open stakeholder engagement as an important foundation to earning social license for the Whistler Project. We are proud to be able to invest back into the Alaska community through contracting and hiring locally, and via sponsorship of various recreational events in the region in which we operate,” said Smith.
