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U.S. Goldmining
IPOUSGO.NYSEPast

U.S. Goldmining

Extraction of gold and copper

Company website ↗
Foundation year: 2015
IPO date
20/04/2023

About

U.S. Goldmining Inc. is engaged in exploring a gold and copper deposit located 150 km northwest of Anchorage, Alaska, USA.

Currently, the company has one project called Whistler, but management is considering the possibility of acquiring stakes in gold and copper mines in the United States.

The Whistler project covers an area of 217.5 square kilometers. U.S. Goldmining has already equipped a base camp with diesel generators, a gravel runway, and temporary housing suitable for winter conditions.

Preliminary drilling with sampling in the early 2000s showed that the Whistler deposit is suitable for conventional mining methods with extraction rates of up to 83% for copper, 70% for gold, and 65% for silver. Gold resources are estimated at 0.5 grams of gold per ton of ore, which is sufficient for profitable mining using modern technologies.
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Number of employees: 5-10
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Headquarters location: Vancouver, Canada.