U.S. Gold Corp. Announces Inaugural Digbee Assessment Results
U.S. Gold Corp. (NASDAQ: USAU) has received a BBB rating in its inaugural assessment by Digbee , an independent platform that evaluates sustainability frameworks in mining projects. The assessment primarily focused on the company's CK Gold Project in southeast Wyoming.
The BBB score reflects U.S. Gold's performance across various criteria including governance, environmental compliance, and social factors. This rating is particularly significant as the company approaches financing activities for the CK Gold Project, indicating alignment with lenders' risk review criteria.
The company has already secured permits for the CK Gold Project development and is now working towards project financing. According to CEO George Bee, U.S. Gold has spent the last four years focusing on community engagement and responsible exploration practices, aiming to be a 'good neighbor' during development and operation phases.
U.S. Gold Corp. (NASDAQ: USAU) ha ricevuto un rating BBB nella sua valutazione inaugurale da parte di Digbee, una piattaforma indipendente che valuta i framework di sostenibilità nei progetti minerari. La valutazione si è concentrata principalmente sul progetto CK Gold dell'azienda nel sud-est del Wyoming.
Il punteggio BBB riflette le performance di U.S. Gold su vari criteri, tra cui governance, conformità ambientale e fattori sociali. Questo rating è particolarmente significativo poiché l'azienda si avvicina alle attività di finanziamento per il progetto CK Gold, indicando un allineamento con i criteri di revisione del rischio dei finanziatori.
L'azienda ha già ottenuto i permessi per lo sviluppo del progetto CK Gold e ora sta lavorando al finanziamento del progetto. Secondo il CEO George Bee, U.S. Gold ha trascorso gli ultimi quattro anni concentrandosi sul coinvolgimento della comunità e su pratiche di esplorazione responsabili, mirando a essere un 'buon vicino' durante le fasi di sviluppo e operazione.
U.S. Gold Corp. (NASDAQ: USAU) ha recibido una calificación BBB en su evaluación inaugural por parte de Digbee, una plataforma independiente que evalúa marcos de sostenibilidad en proyectos mineros. La evaluación se centró principalmente en el Proyecto CK Gold de la empresa en el sureste de Wyoming.
La puntuación BBB refleja el desempeño de U.S. Gold en varios criterios, incluyendo gobernanza, cumplimiento ambiental y factores sociales. Esta calificación es particularmente significativa ya que la empresa se acerca a actividades de financiamiento para el Proyecto CK Gold, indicando alineación con los criterios de revisión de riesgo de los prestamistas.
La empresa ya ha asegurado permisos para el desarrollo del Proyecto CK Gold y ahora está trabajando hacia el financiamiento del proyecto. Según el CEO George Bee, U.S. Gold ha pasado los últimos cuatro años enfocándose en el compromiso comunitario y prácticas de exploración responsables, con el objetivo de ser un 'buen vecino' durante las fases de desarrollo y operación.
U.S. Gold Corp. (NASDAQ: USAU)는 독립 플랫폼 Digbee의 첫 평가에서 BBB 등급을 받았습니다. 이 플랫폼은 광산 프로젝트의 지속 가능성 프레임워크를 평가합니다. 평가는 주로 와이오밍 남동부에 위치한 회사의 CK Gold 프로젝트에 중점을 두었습니다.
BBB 점수는 U.S. Gold의 거버넌스, 환경 준수 및 사회적 요인을 포함한 다양한 기준에서의 성과를 반영합니다. 이 등급은 회사가 CK Gold 프로젝트에 대한 자금 조달 활동에 접근함에 따라 특히 중요하며, 대출자의 위험 검토 기준과의 일치를 나타냅니다.
회사는 이미 CK Gold 프로젝트 개발을 위한 허가를 확보했으며, 현재 프로젝트 자금 조달을 위해 노력하고 있습니다. CEO 조지 비(George Bee)에 따르면, U.S. Gold는 지난 4년 동안 지역 사회 참여와 책임 있는 탐사 관행에 집중해 왔으며, 개발 및 운영 단계에서 '좋은 이웃'이 되는 것을 목표로 하고 있습니다.
U.S. Gold Corp. (NASDAQ: USAU) a reçu une note BBB lors de sa première évaluation par Digbee, une plateforme indépendante qui évalue les cadres de durabilité dans les projets miniers. L'évaluation s'est principalement concentrée sur le projet CK Gold de l'entreprise dans le sud-est du Wyoming.
Le score BBB reflète la performance de U.S. Gold selon divers critères, y compris la gouvernance, la conformité environnementale et les facteurs sociaux. Cette note est particulièrement significative alors que l'entreprise s'approche des activités de financement pour le projet CK Gold, indiquant un alignement avec les critères d'examen des risques des prêteurs.
L'entreprise a déjà obtenu des permis pour le développement du projet CK Gold et travaille maintenant à son financement. Selon le PDG George Bee, U.S. Gold a passé les quatre dernières années à se concentrer sur l'engagement communautaire et des pratiques d'exploration responsables, visant à être un 'bon voisin' pendant les phases de développement et d'exploitation.
U.S. Gold Corp. (NASDAQ: USAU) hat in ihrer ersten Bewertung durch Digbee, eine unabhängige Plattform zur Bewertung von Nachhaltigkeitsrahmen in Bergbauprojekten, eine BBB-Bewertung erhalten. Die Bewertung konzentrierte sich hauptsächlich auf das CK Gold-Projekt des Unternehmens im Südosten von Wyoming.
Die BBB-Bewertung spiegelt die Leistung von U.S. Gold in verschiedenen Kriterien wider, darunter Governance, Umweltkonformität und soziale Faktoren. Diese Bewertung ist besonders bedeutend, da das Unternehmen sich der Finanzierung des CK Gold-Projekts nähert, was auf eine Übereinstimmung mit den Risikoprüfkriterien der Kreditgeber hinweist.
Das Unternehmen hat bereits Genehmigungen für die Entwicklung des CK Gold-Projekts erhalten und arbeitet nun an der Projektfinanzierung. Laut CEO George Bee hat U.S. Gold in den letzten vier Jahren den Fokus auf die Einbindung der Gemeinschaft und verantwortungsvolle Erkundungspraktiken gelegt, mit dem Ziel, während der Entwicklungs- und Betriebsphasen ein 'guter Nachbar' zu sein.
- Secured development permits for CK Gold Project
- Received BBB sustainability rating from independent assessor
- Successfully progressing toward project financing stage
- Project still requires additional financing to proceed
- BBB rating indicates room for improvement in sustainability practices
As
CHEYENNE, Wyo., Feb. 26, 2025 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU), is pleased to announce the results of an independent assessment conducted by Digbee Limited ("Digbee"). Digbee's platform provides companies a right-sized, future-looking set of globally aligned sustainability frameworks. Digbee evaluates a comprehensive range of factors—considering both a project's context and the effectiveness of management actions—to assign a rating from AAA to D. The overall inaugural BBB score achieved by U.S. Gold, largely for its CK Gold Project, reflects the average across all assessment criteria. We believe this rating endorses our progress and confirms that we are on track to meet and exceed the risk review criteria set by financing entities.
Operating and conducting business responsibly, by respecting local communities, protecting the environment, and maintaining strong business practices is not just about gaining acceptance and following best practices; it's also good business sense. Companies that embed responsibility into their core operations build stronger stakeholder relationships, mitigate risks, and create long-term value. This acceptance is not only necessary for securing permits but also for obtaining the social license to operate. To date, U.S. Gold has received permits to develop its CK Gold Project in southeast
George Bee, President and CEO of U.S. Gold, said, "Over the last four years, we have endeavored to do things 'the right way,' reaching out to the local community and authorities and taking care that our disturbances resulting from exploration activities are cleared up as we go along. That same responsible attitude and the desire to be a 'good neighbor' as we get into development and operation is top of mind. We are pleased to share the results of this independent assessment of our activities. The assessment shows where we can still do better, but overall the BBB rating at this early stage is a great endorsement that we are on the right track as we move toward development."
Mr. Jamie Strauss, the founder and CEO of Digbee, commented, "U.S. Gold's completion of the Digbee assessment underscores its commitment to responsible development and transparency. By proactively evaluating risks and opportunities, the Company is positioning itself to build long-term value while meeting the evolving expectations of investors and stakeholders. This is a crucial step in demonstrating leadership and resilience in today's mining landscape."
The results of the Digbee assessment are available and summarized on the Company's website and can be accessed by following the link here.
About U.S. Gold Corp.
U.S. Gold Corp. is a publicly traded,
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "anticipate," "believe," "forecast," "estimated," and "intend," among others. These forward-looking statements include statements related to our belief that the BBB rating endorses our progress and confirms that we are on track to meet and exceed the risk review criteria set by financing entities, as well as our progress toward securing project financing and moving toward development. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, risks arising from: market and other conditions, the prevailing market conditions for metal prices and mining industry cost inputs, environmental and regulatory risks, changes in interpretations of geological, geostatistical, metallurgical, mining or processing information, risks faced by junior companies generally engaged in exploration activities, whether U.S. Gold Corp. will be able to raise sufficient capital to develop the CK Gold Project and implement future drilling programs, the success or failure of future drilling programs, and other factors described in the Company's most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K filed with the Securities and Exchange Commission, which can be reviewed at www.sec.gov. The Company has based these forward-looking statements on its current expectations and assumptions about future events. While management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory, and other risks, contingencies, and uncertainties, most of which are difficult to predict and many of which are beyond the Company's control. The Company undertakes no duty to correct or update any information contained herein.
For additional information, please contact:
U.S. Gold Corp. Investor Relations
+1 800 557 4550
ir@usgoldcorp.com
www.usgoldcorp.com
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SOURCE U.S. Gold Corp.
FAQ
What is the significance of U.S. Gold Corp's BBB Digbee rating for the CK Gold Project?
What permits has U.S. Gold Corp (USAU) secured for the CK Gold Project in Wyoming?
How long has U.S. Gold Corp been working on community engagement for the CK Gold Project?
What is the current development stage of USAU's CK Gold Project in Wyoming?
