U.S. Gold Corp. is pleased to report that it has extended mineralization 700 feet below the proposed open pit, following receipt of assay results from three additional drill holes completed during the 2021 field season. The Company continues to be encouraged by the positive results from its confirmatory and expansion drilling. In commenting on [...]
U.S. Gold Corp. has released the following corporate update from its Chairman, President and Chief Executive Officer, George Bee: Dear U.S. Gold Corp. Shareholders: With the progress that we have been making, along with the increased attention and interest around gold and copper assets, we thought this would be a good time to provide our [...]
U.S. Gold Corp. announced that its advanced stage gold and copper project, the CK Gold Project, was featured in a recent article, "Gold and copper mine could generate hundreds of jobs and millions in revenue, report suggests", in the Casper Star-Tribune. As stated in the article, a new analysis conducted by University of Wyoming researchers cited [...]
According to an independent study, the CK Gold Project is estimated to create 324 long-term direct jobs and up to 1,024 local jobs throughout the region as a result of estimating the greater effect of the direct investment in the proposed development Total taxes generated during the construction, operation, and closure phases of the project over 13 [...]
U.S. Gold Corp. is pleased to provide an update following receipt of assay results for a portion of the drilling conducted during the 2021 field season. The Company continues to be encouraged by the positive results confirming its prefeasibility study, released December 1, 2021. This drilling informs the engineering work aimed at developing the CK [...]
Following a competitive tender and bid process we are pleased to announce that Samuel Engineering Inc., a minority-owned firm headquartered in Denver, Colorado, was awarded a contract for the next phase of engineering for the CK Gold Project in SE Wyoming The CK Gold Project has excellent leverage to the current rising precious and base metal price [...]
U.S. Gold Corp. is providing an operational and financial update following its $2.5 million registered direct offering announced on February 15, 2022. The Company reports that it is on track to complete the next phase of engineering for its CK Gold Project in southeast Wyoming and expects to submit a Mine Permit application to Wyoming authorities [...]
U.S. Gold Corp. today announced that it has entered into a securities purchase agreement with certain institutional and accredited investors, providing for the purchase and sale of 384,741 shares of common stock at a price of $6.50 per share and warrants to purchase 192,370 shares of our common stock at an exercise price of $8.00 per share in a [...]
U.S. Gold Corp. today announced that it has issued a CEO update outlining the Company's recent and expected milestones, as it continues to advance its assets and mining projects. Highlights include: Update on the CK Gold Project prefeasibility study in Wyoming Advancement of the CK Gold Project in 2022 toward permitting "I am proud of all of the [...]
U.S. Gold Corp. is pleased to announce the launch of a new corporate video highlighting the PFS economics for its CK Gold Project in Wyoming. The video is available here. The video provides an overview of the PFS along with attractive and robust project economics, including proven and probable mineral reserves, citing 1.01 million ounces of gold [...]
U.S. Gold Corp. will be presenting at the Benzinga All Access Conference, being held virtually on December 14, 2021. Please refer to the link and presentation details below. Webcast Link and Presentation Details Date: Tuesday, December 14, 2021 Time: 09:20 a.m. ET Webcast URL*. U.S. Gold's founder Mr. Edward Karr is scheduled to present at 9:20 [...]
U.S. Gold Corp. is providing direct access to its prefeasibility study for its CK Gold Project and has published its SK-1300 Technical Report Summary which is available here. Mr. George Bee, the Company's President, Chief Executive Officer and Chairman, stated "The PFS assumes $1,625 per gold ounce and $3.25 per pound for copper, based on a [...]