Welcome to our dedicated page for U.S. Gold news (Ticker: USAU), a resource for investors and traders seeking the latest updates and insights on U.S. Gold stock.
U.S. Gold Corp. (Nasdaq: USAU) is a publicly traded gold exploration and development company headquartered in Elko, Nevada. Specializing in the exploration of gold and copper resources, the company is progressing with several key projects across the United States.
Among U.S. Gold Corp.'s significant assets is the CK Gold Project located in the Silver Crown Mining District of Wyoming. Known for its high economic potential, the project boasts a proven and probable reserve of 1.01 million ounces of gold and 248 million pounds of copper. Recent developments include the approval of the Mine Operating Permit, positioning the project to produce copper concentrate, meeting the rising demand for copper driven by electrification and green technologies.
Another cornerstone asset is the Keystone Project, situated in Nevada's Cortez Trend. Recent hyperspectral studies have identified numerous high-priority targets, leading to an ongoing drilling exploration program. The Keystone Project holds significant potential for Carlin-type and gold-silver skarn deposits, further enriched by remote sensing and surface investigations.
The Challis Gold Project in Idaho also forms part of U.S. Gold Corp.'s exploration portfolio. This project is strategically important, lying close to other major projects and offering promising prospects for gold exploration.
In addition to its exploration activities, U.S. Gold Corp. actively engages in financial and strategic partnerships. The company recently raised approximately $4.9 million through a securities purchase agreement to fuel its operations and development projects.
Guided by a seasoned management team, U.S. Gold Corp. is navigating towards becoming a leading producer of gold and copper in the United States. The company's meticulous focus on obtaining necessary permits and advancing its projects underscores its commitment to delivering value to shareholders while responsibly managing environmental and regulatory aspects.
U.S. Gold Corp. (Nasdaq: USAU) announced its participation in the virtual H.C. Wainwright Mining Conference, scheduled from November 30 to December 1, 2021. Founder Edward Karr will present the company's business overview during his session on December 1, from 10:00 AM to 10:30 AM ET. Investors can register for the conference and request one-on-one meetings with the management team to discuss opportunities. U.S. Gold Corp. focuses on gold exploration and has multiple projects in the U.S., including the CK Gold Project in Wyoming and others in Nevada and Idaho.
CHEYENNE, Wyo., Nov. 9, 2021 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) will participate in the virtual Precious Metals Summit Europe on November 15-16, 2021. Management will hold one-on-one meetings and present updates on the CK Gold Project and its upcoming pre-feasibility study. The presentation will be led by President & CEO George Bee on November 15 at 04:00 a.m. MDT. The event connects investors with leading precious metal firms globally.
U.S. Gold Corp. (Nasdaq: USAU) announced its participation in the Benzinga Sector Agnostic Conference on October 27-28, 2021. Founder Edward Karr will present a corporate overview and discuss key updates, including the advancement of the CK Gold Project towards permitting and development decisions. The company also plans to share progress on its Keystone and Maggie Creek Projects in Nevada, along with the Challis Gold Project in Idaho. Investors can schedule one-on-one meetings with management by emailing ir@usgoldcorp.gold.
U.S. Gold Corp. (NASDAQ: USAU) provided updates on its CK Gold Project in Southeast Wyoming. Highlights include a non-jurisdictional determination from the U.S. Army Corps of Engineers, securing land agreements, and launching a project website. The Prefeasibility Study (PFS) is expected by year-end 2021, with the Feasibility Study (FS) fieldwork underway for completion by mid-2022. Furthermore, ongoing environmental monitoring aims for a potential Mine Permit application in 2022, signifying a quicker pathway to regulatory approval.
U.S. Gold Corp. (NASDAQ: USAU) announced the results of its Annual Meeting of Stockholders, held virtually on September 20, 2021. All proposals received approval from stockholders, including the election of five directors: George Bee, Ryan Zinke, Robert Schafer, Tara Gilfillan, and Michael Waldkirch, who will serve until the next annual meeting. Additionally, Marcum, LLP was ratified as the Company’s independent public accountant for the fiscal year ending April 30, 2022. CEO George Bee expressed gratitude for stockholder support and looks forward to future exploration efforts.
U.S. Gold Corp. (NASDAQ: USAU) has announced a land agreement to lease additional land and grant access for the CK Gold Project in Wyoming. This agreement allows for a new access route, reducing travel distance to the project and enhancing safety. President and CEO George Bee highlighted the community benefits, including job creation and potential tax revenue. The project aims to balance resource development with agricultural stewardship, promising significant contributions to local infrastructure and funding for education through royalties.
U.S. Gold Corp. (NASDAQ: USAU) announced its participation in the 2021 Denver Gold Group Gold Forum Americas from September 12-15, 2021. The company's management, including President & CEO George Bee, will present on September 13 at 8:20 a.m. MDT. Attendees can expect updates on the CK Gold Project and a forthcoming pre-feasibility study. The event will feature both in-person and virtual participation, facilitating networking between institutional investors and precious metals executives.
U.S. Gold Corp. (NASDAQ: USAU) announced its participation in the 2021 Precious Metals Summit Beaver Creek from September 8-11, 2021. During the event, management will hold one-on-one meetings and provide updates on the CK Gold Project and an upcoming pre-feasibility study. The company's President & CEO, George Bee, will present on September 9 at 8:45 a.m. MDT. This hybrid conference will connect institutional investors with leading precious metals companies, enhancing networking opportunities.
U.S. Gold Corp. (NASDAQ: USAU) has launched a dedicated website for its CK Gold Project in Wyoming, showcasing project details and its potential benefits to the local community. The project, highlighted in a Preliminary Economic Assessment (PEA), demonstrates high-grade mineralization and plans to operate an open pit, potentially generating a gold-copper concentrate. Ongoing community outreach has been well received. A pre-feasibility study (PFS) is expected by the end of September 2021, advancing the project towards production. U.S. Gold Corp. aims to file a mine plan permit in early 2022.
U.S. Gold Corp. (NASDAQ: USAU) announced the appointment of Kevin Francis as Vice President of Exploration and Technical Services, bringing over 32 years of experience in the mining industry. His expertise will be pivotal as the company advances its CK Gold Project, where a prefeasibility study (PFS) is slightly delayed to Q3 2021. Despite this, the development schedule remains on track. Concurrently, Ken Coleman has resigned as Chief Geologist. The Company's fieldwork is ongoing to support the PFS and feasibility study completion by early 2022.
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