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Cision Canada
29-07-2025
- Business
- Cision Canada
GoldMining Inc. Highlights State of Alaska's Commitment to Critical Infrastructure Supporting U.S. GoldMining's Whistler Gold-Copper Project
VANCOUVER, BC, July 29, 2025 /CNW/ - GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD; NYSE American: GLDG) applauds the recent announcement by the State of Alaska and the Alaska Industrial Development and Export Authority (" AIDEA") regarding the submission of a permit application for the West Susitna Access Project (" WSAP"). This vital infrastructure initiative will unlock significant economic development potential in south central Alaska, potentially directly benefiting the Whistler Gold-Copper Project (" Whistler Project" or the " Project"), which is being advanced by U.S. GoldMining Inc. (" U.S. GoldMining"), a 79% owned subsidiary of GoldMining. On July 25, 2025, AIDEA announced (here) that it had submitted a Department of the Army Individual Permit application for the construction of the WSAP, a transformative 78.5-mile proposed access road across Alaska's Matanuska-Susitna Borough (" MSB") in south central Alaska. The WSAP is designed to connect to a separate road project being led by the Alaska Department of Transportation & Public Facilities that will extend 22-miles of new public and industry road westward from the existing road system. The WSAP would connect U.S. GoldMining's flagship gold-copper deposit with existing highway, rail, power and port infrastructure in the eastern MSB, where a large and skilled workforce resides in the tri-city municipalities of Anchorage, Palmer and Wasilla. The WSAP will provide year-round public access to currently remote State public lands and private lands within the MSB, as well as areas planned for resource development, including the Whistler Project. Alastair Still, CEO of GoldMining, commented: We strongly support and applaud the State of Alaska and AIDEA for taking decisive action to advance critical government-backed infrastructure that has the potential to unlock future resource extraction and long-term economic opportunities," said Alastair Still, CEO of GoldMining. "This initiative is a clear example of how targeted government infrastructure investment can serve as a catalyst for responsible mineral development. As the majority owner of U.S. GoldMining, we recognize the value that the West Susitna Access Project brings to unlocking Whistler's potential, while creating jobs, driving investment, and supporting long-term economic growth in Alaska. With copper and gold prices surging and the Trump administration pursuing policies that support domestic resource security, we believe this is an ideal moment to advance a U.S.-based gold-copper project like the Whistler Project. The Project is well positioned to benefit from these favorable market and policy conditions in combination with being actively advanced through the recently commenced initial economic assessment and upcoming exploration program." For further information regarding the Whistler Project refer to the technical report titled "NI 43-101 2024 Updated Mineral Resource Estimate for the Whistler Project, South Central Alaska" with an effective date of September 12, 2024, available under GoldMining's profile at Qualified Person Tim Smith, P. Geo., Vice President Exploration of GoldMining, has supervised the preparation of, and verified and approved, all other scientific and technical information herein this news release. Mr. Smith is also a qualified person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. About GoldMining Inc. GoldMining Inc. is a public mineral exploration company focused on the acquisition and development of gold assets in the Americas. Through its disciplined acquisition strategy, the Company now controls a diversified portfolio of resource-stage gold and gold-copper projects in Canada, U.S.A., Brazil, Colombia, and Peru. The Company also owns 21.5 million shares of Gold Royalty Corp. (NYSE American: GROY), 9.9 million shares of U.S. GoldMining Inc. (Nasdaq: USGO), and 24.6 million shares of NevGold Corp. (TSXV: NAU). See for additional information. Cautionary Statement on Forward-looking Statements Certain of the information contained in this news release constitutes "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws ("forward-looking statements"), which involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Forward-looking statements, which are all statements other than statements of historical fact, include, but are not limited to, statements respecting the Company's expectations regarding its and U.S. GoldMining's projects, planned work at the Whistler Project and the development of proposed infrastructure by the State of Alaska relating to such project, and often contain words such as "anticipate", "intend", "plan", "will", "would", estimate", "expect", "believe", "potential" and variations of such terms. Such forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the markets in which GoldMining operates, which may prove to be incorrect. Investors are cautioned that forward-looking statements involve risks and uncertainties, including, without limitation: the inherent risks involved in the exploration and development of mineral properties, fluctuating metal prices, unanticipated costs and expenses, risks related to government and environmental regulation, social, permitting and licensing matters, any inability to complete work programs as expected, the Company's plans with respect to the Project may change as a result of further planning or otherwise, and uncertainties relating to the availability and costs of financing needed in the future. These risks, as well as others, including those set forth in GoldMiningꞌs most recent Annual Information Form and other filings with Canadian securities regulators and the SEC, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements. There can be no assurance that forward-looking statements, or the material factors or assumptions used to develop such forward-looking statements, will prove to be accurate. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities law.
Cision Canada
28-07-2025
- Business
- Cision Canada
U.S. GoldMining Applauds State of Alaska's Plans to Advance Critical Road Infrastructure to the Whistler Gold-Copper Project, Alaska
, July 28, 2025 /CNW/ - U.S. GoldMining Inc. (NASDAQ: USGO) (" U.S. GoldMining" or the " Company") strongly commends the State of Alaska's recent announcement that the Alaska Industrial Development and Export Authority (" AIDEA") has submitted a permit application for the West Susitna Access Project (" WSAP"). This transformative infrastructure initiative will directly connect the Whistler Gold-Copper Project (" Whistler", or the " Project") via road with existing transportation infrastructure in the greater Anchorage region of south central Alaska. On July 25, 2025, AIDEA announced (here) that it had submitted a Department of the Army (" DA") Individual Permit application for the construction of the WSAP, a 78.5-mile access road across Alaska's Matanuska-Susitna Borough (" MSB") in south central Alaska. The WSAP will connect Whistler with existing highway, rail, power and port infrastructure in the eastern MSB, where a large and skilled workforce resides in the tri-city municipalities of Anchorage, Palmer and Wasilla. The WSAP will provide year-round public access to currently remote State public lands and private lands within the MSB, as well as areas planned for resource development, including the Whistler Project. The WSAP will begin approximately 1.4 miles west of Alexander Creek and extend to the Whiskey Bravo airstrip and the Company's Whistler mineral exploration claims and camp site, where it will terminate approximately 2 miles from the Project's flagship Whistler gold-copper deposit. The AIDEA announcement included a quote from Alaska Governor Mike Dunleavy, who stated: "AIDEA's West Susitna Road holds significant value for Alaskans, especially local residents seeking better access to hunting, fishing, recreation, and potential opportunities in mining, processing, and manufacturing. My administration and AIDEA are continually exploring ways to boost our economy and create well-paying jobs for families. This project presents a fantastic opportunity for Alaska to expand and generate revenue. I am dedicated to this initiative and to unlocking resources that will benefit all Alaskans." Tim Smith, Chief Executive Officer of U.S. GoldMining, commented:"This announcement by the State of Alaska marks a pivotal moment for U.S. GoldMining. It delivers on the State's policy under Governor Dunleavy's administration, of investing in critical infrastructure to stimulate growth in Alaska's economy, which was an important catalyst for the Company's decision to launch its initial public offering in 2023. Whistler will be a direct beneficiary of the West Susitna Access Project, which is now currently under application to extend directly onto the Company's 100% owned State of Alaska mining claims, thereby connecting a potential future mining opportunity at Whistler to existing road, power, rail and port infrastructure near Anchorage." "With copper increasingly recognized as a critical mineral for the United States' clean energy transition and resource and economic security, U.S. GoldMining is well positioned to contribute to this national priority. Strong Federal and State government support - reflected in permitting momentum and recent policy developments (see news releases dated January 27, 2025, and March 24, 2025) - underscores the strategic value of advancing domestic copper supply. Coupled with near all-time high prices for copper, gold and silver, and the continued expansion of the Project's mineral resources, we believe the Company offers a compelling investment opportunity. As we advance our proposed initial economic assessment, which was previously announced on June 9, 2025, and prepare for the upcoming 2025 exploration program (see news release dated July 21, 2025), we remain committed to working collaboratively with all levels of government, regulatory agencies and stakeholders in support of the WSAP and the long-term development of Whistler." About the Proposed West Susitna Access Project The WSAP comprises an approximately 79-mile-long transportation corridor across the Susitna valley commencing at Alexander Creek, which is the terminus of the Alaska Department of Transportation and Public Facilities (" DOT&PF") planned 22 mile public road, and from there it will extend to the foothills of the Alaska Range, terminating at the Company's exploration camp near the Whisky Bravo airstrip (see Figure 1). The WSAP will connect existing road, power, rail and port infrastructure in the eastern MSB, with multiple natural resource development projects located in the West Susitna Mining District, including the Company's Project. Technical Information For further information regarding the Project and the mineral resource estimates referenced herein, refer to the technical report summary titled "S-K 1300 Technical Report Summary Initial Assessment for the Whistler Project, South Central Alaska" with an effective date of September 12, 2024, and the technical report titled "NI 43-101 2024 Updated Mineral Resource Estimate for the Whistler Project, South Central Alaska" with an effective date of September 12, 2024, available under the Company's respective profiles at and Tim Smith, Chief Executive Officer of U.S. GoldMining, has supervised the preparation of this news release and has reviewed and approved the scientific and technical information contained herein. Mr. Smith is a "qualified person" as defined in Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects. About U.S. GoldMining Inc. U.S. GoldMining Inc. is an exploration and development company focused on advancing the 100% owned Whistler Gold-Copper Project, located 105 miles (170 kilometers) northwest of Anchorage, Alaska, U.S.A. The Whistler Project consists of several gold-copper porphyry deposits and exploration targets within a large regional land package entirely on State of Alaska Mining claims totaling approximately 53,700 acres (217.5 square kilometers). The Whistler Project Mineral Resource Estimate comprises 294 Mt at 0.68 g/t AuEq for 6.48 Moz AuEq Indicated, plus 198 Mt at 0.65 g/t AuEq for 4.16 Moz AuEq Inferred. Visit for more information, including high resolution figures. Forward-Looking Statements Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" within the meaning of the United States federal securities laws and "forward-looking information" within the meaning of applicable Canadian securities laws (collectively, "forward-looking statements"). Such statements include statements with regard to the Company's expectations regarding the Project, planned work at the Project and the development of proposed infrastructure by the State of Alaska. Words such as "expects", "anticipates", "plans", estimates" and "intends" or similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on U.S. GoldMining's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict and involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of future exploration may not confirm expectations, variations in the underlying assumptions associated with the estimation or realization of mineral resources, the availability of capital to fund programs, changes in government policy, accidents, labor disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals or permits, title disputes other risks inherent in the exploration and development of mineral properties and the other risk factors set forth in the Company's filings with the U.S. Securities and Exchange Commission at and Canadian Securities Administrators at Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release. Forward-looking statements contained in this news release are made as of this date, and U.S. GoldMining does not undertake any duty to update such information except as required under applicable law.
