U.S. Gold Corp. - USAU STOCK NEWS

U.S. Gold Corp. (NASDAQ: USAU) reported significant results from its recent drilling program at the CK Gold Project near Cheyenne, Wyoming. Hole CK20-04cB revealed a continuous interval of attractive gold and copper mineralization, including 5.708 g/t gold equivalent over 78.3 meters. This challenges previous assumptions of the project being low-grade and underscores the potential for quicker payback if a positive Preliminary Feasibility Study is completed. Metallurgical analysis is ongoing, and the company remains committed to enhancing its exploration capabilities while adhering to COVID-19 safety protocols.

U.S. Gold Corp. (NASDAQ: USAU) announced significant results from its CK Gold Project drilling program. The recent hole CK20-02c revealed continuous gold and copper mineralization with an average grade of 1.003 g/t AuEq over 176.8 meters. These results show attractive grades starting at the surface, enhancing project economics by minimizing pre-stripping costs. The drill holes demonstrated mineralization continuity and confirm findings from historic data. The company plans to adjust average grades with additional sample assays. Further studies on resource classification are underway.

U.S. Gold Corp. (NASDAQ: USAU) reports promising results from its 29-hole drilling program at the CK Gold Project in Wyoming. The program revealed 177.5 meters of continuous mineralization with an average gold equivalent grade of 1.126 g/t. CEO George Bee stated that these findings validate previous resource interpretations and suggest enhanced project economics. The initial hole shows significant continuity in gold and copper grades, which exceed historical averages. The exploration will continue with a Pre-Feasibility Study to solidify the project’s potential.

U.S. Gold Corp. (NASDAQ: USAU) announced positive results from its twenty-nine hole drilling program at the CK Gold Project in Wyoming. Notably, the program revealed 177.5 meters of continuous mineralization with an average gold equivalent grade of 1.126 g/t. CEO George Bee highlighted that these results validate earlier resource interpretations and indicate potential for higher grades, enhancing project economics. The findings are expected to support further exploration and a Pre-Feasibility Study in the region.

U.S. Gold Corp. (NASDAQ: USAU) announced its end-of-field season report for the CK Gold Project in Wyoming, highlighting significant progress in the Pre-Feasibility Study (PFS). Key achievements include 11,655 man-hours worked with no reported injuries, extensive drilling totaling over 12,000 ft, and environmental baseline data collection. The company is poised to advance the project rapidly upon receiving assay results. Geotechnical and hydrological assessments are ongoing, with an emphasis on safety protocols during COVID-19. The PFS aims to enhance resource understanding and recovery methods.

U.S. Gold Corp. (Nasdaq: USAU) announced that its newly appointed Director, Tara Gilfillan, has been recognized as one of the 100 Global Inspirational Women in Mining. This recognition highlights the increasing role of women in the mining industry and their contribution to leadership. Gilfillan leads Optimize Group, a consultancy focused on project development in mining. The announcement reflects the company's commitment to diversity and inclusion in mining, as recognized by the Women in Mining organization, which aims to enhance opportunities for women in the sector.

U.S. Gold Corp. (USAU) announces its participation in the H.C. Wainwright Mining Conference held virtually from November 30 to December 1, 2020. Executive Chairman Edward Karr will present a business overview on December 1, 2020, at 9:00 AM ET. Investors can register for the event and request one-on-one meetings with the management team. U.S. Gold Corp. focuses on gold exploration with properties in Wyoming, Nevada, and Idaho, underscoring its commitment to developing its projects and engaging with institutional investors.

U.S. Gold Corp. (Nasdaq: USAU) has announced the election of Robert W. Schafer and Tara Gilfillan to its Board of Directors. Following the Annual Shareholder Meeting, George Bee was also elected as a Board member and named President & CEO. Schafer, a seasoned geologist with over 35 years of experience, and Gilfillan, a CPA with extensive financial expertise in mining, are expected to enhance the company's strategic direction. The company focuses on gold exploration with key projects in Wyoming, Nevada, and Idaho.

U.S. Gold Corp. (Nasdaq: USAU) reported the successful outcomes of its annual shareholder meeting held on November 9, 2020. Key approvals included the conversion of Series H and I Preferred Stock into common shares, the election of five directors, an amendment to the 2020 Stock Incentive Plan, and the ratification of Marcum, LLP as independent auditor for the fiscal year ending April 30, 2021. Executive Chairman Edward Karr expressed gratitude to shareholders for their participation and emphasized a focus on value creation and advancing exploration efforts.