U S Gold Stock Price, News & Analysis

U.S. Gold Corp. (NASDAQ: USAU) has released its prefeasibility study (PFS) for the CK Gold Project, showcasing promising financial metrics with gold prices around $1,800 and copper at $4.25, exceeding the PFS assumptions of $1,625 and $3.25, respectively. This favorable discrepancy indicates strong project economics. The company is poised for further development steps in 2022 after completing its 2021 field season. The PFS and accompanying technical report summary are publicly accessible, providing insight into the project's value proposition.

U.S. Gold Corp. (NASDAQ: USAU) has successfully completed the prefeasibility study for the CK Gold Project, which showcases significant resource potential. Key highlights include:

• 1.58 million AuEq ounces in Measured and Indicated resources
• 1.44 million AuEq ounces in Proven and Probable reserves
• 39.4% pre-tax IRR and $323 million NPV at 5%
• Initial capital estimated at $221 million with a 2-year payback

The project aims for robust economic metrics and minimal environmental impacts, with ongoing work to finalize a feasibility study and start permitting in 2022.

U.S. Gold Corp. (NASDAQ: USAU) will host a conference call webcast on December 1, 2021, at 11:00 a.m. ET to update investors on its mining assets and future plans for 2022. The management team will provide prepared remarks followed by a Q&A session. Investors can submit questions via email. A replay will be available for two weeks after the call. U.S. Gold Corp. focuses on gold exploration and development, holding multiple properties including the CK Gold Project in Wyoming and exploration sites in Nevada and Idaho.

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.