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 U.S.-focused gold and copper exploration and development company whose news flow centers on the advancement of its CK Gold Project in southeast Wyoming and its broader portfolio, which includes the Keystone exploration property on the Cortez Trend in Nevada and the Challis Gold Project in Idaho. Company press releases provide insight into technical progress, permitting milestones, financing activities, and investor outreach.
News updates often highlight developments at the CK Gold Project, which U.S. Gold Corp. describes as a fully permitted, advanced-stage gold-copper deposit supported by a Pre-Feasibility or Preliminary Feasibility Study technical report. Recent communications have covered engineering optimization studies on the Tailings Management Facility, water management planning following a water discharge permit (WYPDES), and process plant trade-off work, including evaluation of alternative flotation and grinding technologies.
Investors can also follow announcements on capital raising transactions, such as private placements of common stock and warrants intended to fund initial development costs at CK Gold, potential land acquisitions, further exploration across the portfolio, and working capital. In addition, the company frequently reports on its participation in mining and investment conferences, panel discussions on permitted copper projects, and presentations at sector-focused events, reflecting its engagement with institutional investors and industry stakeholders.
This news page aggregates these company-issued updates so readers can review project progress, financing decisions, and corporate activities in one place. For those tracking USAU, it offers a way to monitor how U.S. Gold Corp. describes the evolution of its CK Gold, Keystone, and Challis projects over time.
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.
U.S. Gold Corp. (NASDAQ: USAU) announced an update on the Pre-Feasibility Study (PFS) for the CK Gold Project in Wyoming, with field activities continuing since August 2020. Surface samples have shown promising gold and copper values, with grades reaching up to 11.9 g/t gold and 2.316% copper. The PFS involves multiple phases including re-logging historic drill cores and extensive drilling to enhance resource classification. The final PFS report is expected in early 2021, with an emphasis on thorough data collection to ensure rapid project advancement.
U.S. Gold Corp. (Nasdaq: USAU) has announced its plans for the Maggie Creek exploration project located in Nevada's Carlin Trend, adjacent to Newmont's Gold Quarry mine. The company aims to explore high-grade gold deposits, focusing on four key target areas based on historical drilling data and new geological insights. Initial drilling efforts will target shallow mineralized zones projected to extend into deeper structures. Despite the promising exploration potential, the company faces challenges including market volatility, environmental risks, and the need for capital to fund its operations.
U.S. Gold Corp. (NASDAQ: USAU) announced that CEO Edward Karr will present at the Precious Metals Summit Europe virtual conference on November 3, 2020. The presentation will cover the company's recent acquisition of Northern Panther Resource Corporation and its Challis Gold Project in Idaho. Karr will also introduce new senior executives, George Bee as President and Eric Alexander as CFO. Participants can access the presentation on the U.S. Gold Corp. investors page.
U.S. Gold Corp. (NASDAQ: USAU) announced a letter to shareholders detailing recent achievements and future goals. Key highlights include the acquisition of Northern Panther Resource Corporation, enhancing its portfolio with the Challis Gold Project in Idaho, and strengthening its management team by appointing George Bee as President and Eric Alexander as CFO. The company has also initiated a Pre-Feasibility Study for the CK Gold Project. CEO Edward Karr expressed optimism about the company’s growth despite the challenges posed by the COVID-19 pandemic.
U.S. Gold Corp. (NASDAQ: USAU) announced its Annual General Meeting (AGM) set for November 9, 2020, at 8:00am PT, to be held virtually due to COVID-19. Shareholders of record as of September 18, 2020, can participate. The company has mailed a Notice of Internet Availability of Proxy Materials with instructions for accessing proxy materials online, including the proxy statement and Annual Report for the year ended April 30, 2020. For more details, shareholders can visit www.usgold.vote.
U.S. Gold Corp. (NASDAQ: USAU) announces a series of electronic investor update webinars throughout October 2020, hosted by CEORoadshow. CEO Edward Karr will lead the sessions, providing updates and engaging with shareholders. This initiative aims to maintain communication during the COVID-19 pandemic, allowing stakeholders to participate safely from home. The company emphasizes its commitment to shareholder welfare amidst ongoing market volatility. Details for the webinars can be found on their website.
U.S. Gold Corp. (NASDAQ: USAU) announced that CEO Edward Karr will present at the H.C. Wainwright 22nd Annual Global Investment Conference, held virtually from September 14-16, 2020. Karr's presentation is scheduled for September 15 at 2:30 PM ET, where he will discuss the company's recent acquisition of Northern Panther Resource Corporation and the appointment of George Bee as President. The presentation will be accessible on U.S. Gold Corp.'s Investor Relations page.
U.S. Gold Corp. provided an exploration update on the CK Gold Project, highlighting the ongoing Prefeasibility Study with active drilling to optimize gold and copper recovery rates. Fresh mineral samples aim to enhance flotation and gravity recoveries, with drilling expected to conclude by October. The project benefits from recent increases in gold and copper prices, now seen as economically favorable. U.S. Gold Corp. is also committed to environmentally sound mining practices, aligning with sustainability initiatives to improve community impact in Wyoming.
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