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) provides investors and industry observers with critical updates on its gold and copper exploration initiatives across Wyoming, Nevada, and Idaho. This page aggregates official announcements, technical study results, and regulatory developments for the company’s fully permitted CK Gold Project and exploration-stage assets.
Access timely updates on mine permitting milestones, engineering optimizations, and resource estimates from a U.S.-focused junior mining company. The curated news collection serves analysts and stakeholders seeking to track operational progress in stable jurisdictions with established infrastructure.
Key content includes press releases about permit approvals, pre-feasibility study updates, and strategic developments across the company’s project portfolio. All materials maintain factual accuracy while avoiding speculative forward-looking statements.
Bookmark this page for streamlined access to U.S. Gold Corp.’s latest advancements in environmentally responsible mineral development. Check regularly for updates demonstrating the company’s commitment to technical rigor and regulatory compliance.
U.S. Gold Corp. (NASDAQ: USAU) has provided an update on the CK Gold Project engineering and Prefeasibility Study (PFS) progress. Following the Mine Operating Permit approval in April 2024, the company resumed work on the PFS update in June 2024. Key engineering studies underway include:
1. Tailings Management Facility (TMF) optimization to improve capacity and constructability.
2. Water Management Plan evaluation to enhance water harvesting and storage capacity.
3. Process Plant Trade-off Study to investigate alternative flotation technologies for potential improvements in metal recoveries and cost reduction.
The company aims to optimize the project design before finalizing the PFS, considering the current high prices of gold, copper, and silver. Management believes these studies will enhance project economics and establish a well-thought-out mining operation.
U.S. Gold Corp. (NASDAQ: USAU) has announced its participation in the 2024 Precious Metals Summit in Beaver Creek, Colorado, scheduled for September 10-13, 2024. This prestigious, invitation-only event brings together institutional investors, sell-side representatives, and corporate executives from the precious metals sector.
George Bee, President & CEO of U.S. Gold, will deliver a corporate presentation on Thursday, September 12th at 9:30am Mountain Time. The company's management team will also be available for meetings with investors and conference attendees. U.S. Gold aims to showcase its value proposition and increase exposure for its CK Gold Project during the summit.
The Precious Metals Summit is recognized as the world's premier independent investment conference for explorers, developers, and emerging producers of gold, silver, and platinum group metals.
U.S. Gold Corp. (Nasdaq: USAU) has announced its participation in H.C. Wainwright's 26th Annual Global Investment Conference, scheduled for September 9-11, 2024. The event will be held both in-person at the Lotte New York Palace Hotel in Midtown Manhattan and virtually. USAU's management team will be conducting one-on-one meetings with investors via video conference.
The Global Investment Conference is a significant networking event that brings together companies, industry professionals, and investors from various sectors, including metals and mining. It offers opportunities for networking, investor meetings, and company presentations. Admission is free for qualified investors, and interested parties can register through the HCW Events website.
U.S. Gold Corp. (Nasdaq: USAU) announced its sponsorship as a Copper Boot sponsor for the 128th Annual Cheyenne Frontier Days from July 19-28, 2024. This event is renowned as the world's largest outdoor rodeo, featuring activities that celebrate western heritage with over $1 million in prizes. CEO George Bee emphasized the company's ongoing commitment to the local economy and community through its CK Gold Project, which recently cleared significant regulatory hurdles. The project boasts proven and probable reserves of 1.01 million ounces of gold and 248 million pounds of copper, aiming to produce 108,500 ounces of gold equivalent annually over ten years, supporting renewable energy and automotive electrification.
U.S. Gold Corp. announced the acceptance of a $5.1 million Mine Reclamation Bond by the Wyoming Department of Environmental Quality (WDEQ), fulfilling two of the three requirements for the CK Gold Project's Mine Operating Permit. The company previously secured the Water Discharge Permit and is awaiting the Air Quality Permit, expected soon. This progression furthers the CK Gold Project's development, with updated economic forecasts and project financing in sight. The feasibility study update, paused in March 2023, is set to resume and conclude post the third quarter of 2024.
U.S. Gold Corp announced that its subsidiary, Gold King Corp, received the Wyoming Pollutant Discharge Elimination System Permit on May 31, 2024. This satisfies one of the three conditions for the CK Gold Project's Mine Operating Permit. Work on the remaining conditions, including the Air Quality Permit, is underway. The project received its Industrial Siting, Mine Operating, and Water Discharge Permits over the past year, demonstrating progress toward near-term operations. The feasibility study, previously suspended, is being updated, with completion expected post-third quarter 2024.
The CK Gold Project, pivoted from exploration to development in 2020, is advancing with support from regulatory authorities in Wyoming, known for a clear regulatory framework. Engineering work for the process plant is largely complete, and updated bids for major equipment are being solicited.
Publicly traded U.S. Gold Corp. (USAU) is focusing on a 2024 gold and copper exploration mission, with projects like CK Gold, Keystone, and Challis contributing to a 13% share price increase in April. Chairman Luke Norman highlights the potential of CK Gold and Keystone, emphasizing CK's unique attributes and the impact of its copper component on valuations. The company's focus on permits, aggregates potential, and rising metal prices indicates significant growth potential. U.S. Gold Corp. is positioned for a transformational period, backed by an experienced team and strong asset base.
U.S. Gold Corp. announced the approval of the Mine Operating Permit for the CK Gold Project in Wyoming, marking a significant milestone towards project development. The company has received the Surface Gold Mine Permit from the Wyoming Department of Environmental Quality, with remaining conditions including reclamation bond approval and final WYPDES and AQD permits. U.S. Gold Corp. shifted focus to the CK Gold Project in 2020, with work on feasibility studies now underway.
U.S. Gold Corp. will be presenting at the 9th Current Trends in Mining Finance Conference in New York, hosted by the Society for Mining, Metallurgy and Exploration. The conference will focus on key issues in the mining industry related to critical metals, renewable energy, and the green economy. U.S. Gold Corp.'s President & CEO, George Bee, will be a guest speaker and panelist at various sessions during the conference.
U.S. Gold Corp. announced the successful passing of all proxy proposals at its 2023 Annual General Meeting of Shareholders. The meeting, held virtually on April 26, 2024, saw the election of five directors and the ratification of Marcum, LLP as the independent registered public accountant for the fiscal year ending April 30, 2024. The Company's Chairman expressed gratitude to shareholders and highlighted the commitment to creating value through projects like the CK Gold Project in Wyoming, Keystone Project in Nevada, and Challis Gold Project in Idaho.