Prepaid Expenses

3 Months Ended

Mar. 31, 2026

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepaid Expenses

Note 4: Prepaid Expenses

Prepaid expenses consist of the following:

Schedule of Prepaid Expenses

		March 31, 2026				December 31, 2025
Advances⁽¹⁾		$	1,103,518			$	-
Prepaid dues and subscriptions			61,201				-
Prepaid corporate development expenses			50,058				24,464
Prepaid insurance			28,300				44,614
Other prepaid expenses			6,485				10,561
Total		$	1,249,562			$	79,639

(1)

Advances relate to the cash advanced to Equity Geoscience Ltd. (“Equity Geoscience”), a technical consulting company for the management of an exploration program for the Whistler Project.

U.S. GOLDMINING INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited – Expressed in U.S. Dollars)