U.S. GoldMining ahead of schedule on 2026 Whistler exploration; TEC gets $89M DOE grant

U.S. GoldMining Inc.

Crews constructing drill pads at high-priority targets; drilling expected to start in coming weeks.
Whistler PEA (March 2026) showed $2.0B NPV5%, 33% IRR, 2.1-year payback at base case prices.
Neighboring Terra Energy Center received $89M DOE grant to assess 1.25GW power plant with CCS, 30 miles east.
CEO notes COMEX copper hit record $6.64/lb, well above PEA base case of $4.50/lb.
Exploration program executing growth strategy to develop a pipeline of new discoveries.

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