U.S. GOLD CORP. COMPLETES STRATEGIC PROPERTY ACQUISITIONS TO ADVANCE CK GOLD PROJECT
U.S. Gold Corp. (Nasdaq: USAU) announced that its subsidiary Gold King Corp. agreed to acquire a 10-acre parcel in the North Range Business Park near Cheyenne, Wyoming, to support planned 2026 development of the CK Gold Project.
This site, with direct access to Interstates 80 and 25, will serve as a centralized muster point for employees and contractors and is expected to close no later than January 31, 2026. The company has previously acquired three contiguous parcels totaling about 110 acres adjacent to the CK Gold Project to provide buffer and operational flexibility. The CK Gold Project remains on track for construction startup in 2026.
U.S. Gold Corp. (Nasdaq: USAU) ha annunciato che la sua controllata Gold King Corp. ha concordato di acquisire un terreno di 10 acri nel North Range Business Park vicino a Cheyenne, Wyoming, per supportare lo sviluppo previsto per il 2026 del CK Gold Project.
Questo sito, con accesso diretto alle Interstate 80 e 25, servirà come punto di raccolta centralizzato per dipendenti e appaltatori e si prevede che chiuda non oltre il 31 gennaio 2026. L'azienda ha precedentemente acquisito tre lotti contigui per un totale di circa 110 acri adiacenti al CK Gold Project per fornire buffer e flessibilità operativa. Il CK Gold Project resta in carreggiata per l'inizio della costruzione nel 2026.
U.S. Gold Corp. (Nasdaq: USAU) anunció que su subsidiaria Gold King Corp. acordó adquirir un terreno de 10 acres en el North Range Business Park cerca de Cheyenne, Wyoming, para respaldar el desarrollo planificado para 2026 del CK Gold Project.
Este sitio, con acceso directo a las Interstates 80 y 25, servirá como punto de reunión central para empleados y contratistas y se espera que cierre a más tardar el 31 de enero de 2026. La empresa ya ha adquirido tres parcelas contiguas que suman alrededor de 110 acres adyacentes al CK Gold Project para proporcionar margen y flexibilidad operativa. El CK Gold Project continúa en camino de iniciar la construcción en 2026.
U.S. Gold Corp. (Nasdaq: USAU)는 자회사 Gold King Corp.가 CK Gold 프로젝트의 2026년 개발을 지원하기 위해 차야운 근처의 North Range Business Park에 있는 10에이커의 토지를 인수하기로 합의했다고 발표했습니다.
이 부지는 I-80 및 I-25에 직접 연결되며 직원과 계약업체를 위한 중앙 집결 장소로 활용될 것이며, 2026년 1월 31일 이전에 폐쇄될 예정입니다. 또한 회사는 CK Gold Project에 인접한 약 110에이커의 세 구획을 이미 인수하여 완충 및 운영 유연성을 제공했습니다. CK Gold Project는 2026년에 건설 시작을 위한 계획에 따라 여전히 순조롭게 진행 중입니다.
U.S. Gold Corp. (Nas Nasdaq: USAU) a annoncé que sa filiale Gold King Corp. a accepté d'acquérir un terrain de 10 acres dans le North Range Business Park près de Cheyenne, Wyoming, pour soutenir le développement prévu en 2026 du CK Gold Project.
Ce site, avec un accès direct à Interstates 80 et 25, servira de point de rassemblement central pour les employés et les entrepreneurs et devrait être finalisé au plus tard le 31 janvier 2026. L'entreprise a déjà acquis trois parcelles contiguës totalisant environ 110 acres adjacentes au CK Gold Project pour offrir une marge et une flexibilité opérationnelle. Le CK Gold Project reste sur la bonne voie pour le démarrage de la construction en 2026.
U.S. Gold Corp. (Nasdaq: USAU) gab bekannt, dass seine Tochtergesellschaft Gold King Corp. zugestimmt hat, ein 10-Acre-Grundstück im North Range Business Park in der Nähe von Cheyenne, Wyoming, zu erwerben, um die geplante Entwicklung des CK Gold Projekts im Jahr 2026 zu unterstützen.
Diese Fläche mit direktem Zugang zu Interstates 80 und 25 wird als zentraler Sammelpunkt für Mitarbeiter und Auftragnehmer dienen und soll nicht später als 31. Januar 2026 geschlossen werden. Das Unternehmen hat zuvor drei zusammenhängende Parzellen mit insgesamt ca. 110 Acres erworben, die sich am CK Gold Project befinden, um Puffer und operationelle Flexibilität zu schaffen. Das CK Gold Project bleibt auf Kurs für den Baubeginn im 2026.
U.S. Gold Corp. (ناسداك: USAU) أعلنت أن شركتها التابعة Gold King Corp. وافقت على شراء قطعة أرض مساحتها 10 أفدنة في North Range Business Park قرب تشييني، وايومنغ، لدعم التطوير المخطط لـ CK Gold Project في عام 2026.
هذا الموقع، الذي يمكن الوصول إليه مباشرة عبر الطرق I-80 و I-25، سيعمل كنقطة تجمع مركزية للموظفين والمتعهدين، ومن المتوقع أن يُغلق في موعد لا يتجاوز 31 يناير 2026. كما أن الشركة قد اشترت سابقاً ثلاث قطع مجاورة بإجمالي نحو 110 فداناً بجوار CK Gold Project لتوفير هامش ومرونة تشغيلية. يبقى CK Gold Project على المسار لبدء البناء في 2026.
- 10-acre parcel secured near I-80/I-25 for logistics
- Previously acquired ~110 acres contiguous to project site
- Muster point to consolidate parking and reduce local traffic
- On track for construction startup in 2026
- No purchase price or financial terms disclosed for recent acquisitions
- Two of three contiguous parcels are undeveloped, requiring additional site work
Insights
Property purchases tighten logistics and site control, supporting the CK Gold Project's planned 2026 construction start.
U.S. Gold Corp. has added a 10-acre parcel in Cheyenne with highway access and previously acquired ~110 acres adjacent to the CK Gold site, creating a logistics hub and buffer that directly supports the project's operational needs and staging for
The business mechanism is straightforward: consolidated parking, a muster point, and shuttle access reduce local traffic and centralize labor flows, while nearby owned parcels provide operational flexibility and a land-use buffer for activities immediately west of the mineral leases. These moves lower a common non-technical constraint for mine construction—site access and community friction—by converting land ownership into logistical control.
Dependencies and risks include timing and closing of the Cheyenne parcel (expected no later than
CHEYENNE, Wyo., Nov. 5, 2025 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we,"u "our" or "us") (Nasdaq: USAU) announced today that its wholly owned subsidiary, Gold King Corp., has entered into an agreement to acquire a 10-acre parcel of land in support of the planned 2026 development of the CK Gold Project in southeast Wyoming. The completion of this acquisition will mark the fourth key real estate property the Company has purchased over the past four years in connection with the CK Gold Project.
Gold King Corp. has signed an agreement to acquire a 10-acre parcel in the North Range Business Park on the western edge of Cheyenne, Wyoming, with direct access to Interstates 80 and 25. This transaction is expected to close no later than January 31, 2026. This strategically positioned site will initially function as a centralized muster point for employees and contractors, enabling consolidated parking and shuttle bus transportation to the mine site—demonstrating U.S. Gold's proactive commitment to reducing traffic congestion on local roads. In future phases, the property is planned to support select administrative and operational functions for the mine.
The already completed acquisitions include three contiguous parcels totaling approximately 110 acres located immediately west of the CK Gold Project site on State Section 36, where Gold King Corp. holds mineral leases. Two of the parcels are undeveloped, while the third includes an existing residence. These properties establish a buffer zone, enhancing operational flexibility and minimizing potential impacts on neighboring ranchette communities further west.
"With the CK Gold Project's final feasibility study nearing completion, these acquisitions further support our development timeline," said George Bee, President and CEO of U.S. Gold Corp. "By securing these properties, we believe we are positioning the project for efficient, responsible, and community-sensitive operations leading to project development beginning in 2026."
The CK Gold Project remains on track for construction startup in 2026.
About U.S. Gold Corp.
U.S. Gold Corp. is a publicly traded, U.S. focused gold and copper exploration and development company. U.S. Gold Corp. has a portfolio of exploration properties. Our CK Gold Project is located in Southeast Wyoming and has a Preliminary Feasibility Study technical report, which was completed by Samuel Engineering Inc. Our Keystone exploration property is on the Cortez Trend in Nevada. Our Challis Gold Project is located in Idaho. For more information about U.S. Gold Corp., please visit https://www.usgoldcorp.com/.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release are forward-looking within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as "plans," "expects" or "does not expect," "is expected," "budget," "scheduled," "intends," "anticipates" or "does not anticipate," "proposed," "aims," "forecast," "estimates," "believes," "continues," "intend" and "on track," among others, or variations of such words and phrases or statements that certain actions events or results "may," "could," "would," "might," or "will be taken," "occur" or "be achieved", although not all forward-looking statements include these words or phrases. In addition, any statements that refer to expectations, intentions, projections, guidance, potential or other characterizations of future events or circumstances contain forward-looking statements. These forward-looking statements include statements made in Mr. Bee's quotation, as well as statements related to the positioning of the Company's CK Gold Project and the timing of its expected development, including the completion of CK Gold Project's final feasibility study and construction startup; the anticipated benefits of the completed acquisitions of the properties discussed in this release; and Gold King Corp.'s acquisition of the 10-acre parcel in the North Range Business Park, including the expected timing of closing and the future uses for such property. Forward-looking statements are not historical facts nor assurances of future performance but instead represent management's expectations, estimates and projections regarding future events or circumstances. Forward-looking statements are based on our opinions, estimates and assumptions that we considered appropriate and reasonable as of the date such information is stated, subject to known and unknown risks, uncertainties and other factors that may cause our actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements, including but not limited to those risks 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, including any amendments to the foregoing, which can be reviewed at www.sec.gov. Forward-looking statements speak only as of the date they are made. The Company undertakes no duty to correct or update any forward-looking statements, except in accordance with applicable securities laws.
For further information
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.
