v3.26.1
Cash and Cash Equivalents and Restricted Cash
 6 Months Ended
Jun. 30, 2026
Cash and Cash Equivalents [Abstract]  
Cash and Cash Equivalents and Restricted Cash

Note 3: Cash and Cash Equivalents and Restricted Cash

   

   June 30, 2026   December 31, 2025 
Cash and cash equivalents consist of:          
Cash at bank  $4,421,773   $577,562 
Term deposits   3,000,000    6,800,000 
Total  $7,421,773   $7,377,562 

 

    June 30, 2026    December 31, 2025 
Cash and cash equivalents  $7,421,773   $7,377,562 
Restricted cash   42,562    43,235 
Total cash, cash equivalents and restricted cash  $7,464,335   $7,420,797 

 

Restricted cash relates to term deposits held by the bank as security for corporate credit cards.

  

 

U.S. GOLDMINING INC.

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited – Expressed in U.S. Dollars)