Operating Expenses - Total operating expenses for the three months ended October 31, 2025, were approximately $4,555,000, an increase of $2,413,000 compared to $2,142,000 for the same period in 2024[124] - For the six months ended October 31, 2025, total operating expenses were approximately $8,193,000, up from $4,735,000 in 2024, reflecting an increase of $3,458,000[125] Net Loss - The company reported a net loss of approximately $4,483,000 for the three months ended October 31, 2025, compared to a net loss of $2,103,000 for the same period in 2024[129] - For the six months ended October 31, 2025, the net loss was approximately $6,560,000, slightly higher than the $6,428,000 loss reported in 2024[132] Current Assets and Liabilities - As of October 31, 2025, the company had current assets of $9,834,961, an increase of $939,563 from $8,895,398 as of April 30, 2025[130] - Current liabilities increased to $1,670,308 as of October 31, 2025, compared to $879,953 as of April 30, 2025, reflecting an increase of $790,355[130] - The company had working capital of $8,164,653 as of October 31, 2025, an increase of $149,208 from $8,015,445 as of April 30, 2025[130] Cash Flow - Net cash used in operating activities for the six months ended October 31, 2025, totaled approximately $7,110,000, an increase from $4,012,000 in 2024[134] - The company reported net cash provided by financing activities of approximately $8,898,000 for the six months ended October 31, 2025, primarily from warrant exercises[136] Project Development - The company plans to use Glencore Technology's Jameson Cell Flotation Equipment for enhanced gold and copper recovery at the CK Gold Project[122]

December 2-4, 2025:Â Mines & Money @ Resourcing Tomorrowbooth A08, Business Design Centre, London, United Kingdom. President & CEO, Mr. George Bee, will deliver the corporate presentation on Tuesday, December 2 at 14:10. Several members of the U.S. Gold team will be at the Conference and available through one-on-one meetings or at booth A08. Accessibility StatementSkip Navigation CHEYENNE, Wyo., Dec. 1, 2025 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," (Nasdaq: USAU) is pleased to announce i ...

Core Insights - U.S. Gold Corp. is advancing the CK Gold Project, which is a fully permitted and shovel-ready gold and copper development opportunity located near Cheyenne, Wyoming [1] - The project has a reserve of 1.7 million ounces of gold-equivalent, supported by a strong balance sheet and a tight share structure [1] - The company is led by CEO George Bee, who has a reputation for building some of the world's largest gold mines, providing investors with direct leverage to gold and copper through a high-quality, near-term domestic project [1]

Group 1 - Triple Flag Precious Metals (TFPM) has shown significant year-to-date performance, gaining approximately 97.5%, outperforming the Basic Materials sector, which has averaged a gain of about 19.4% [4] - TFPM currently holds a Zacks Rank of 1 (Strong Buy), indicating strong analyst sentiment and a positive earnings outlook [3][4] - The Zacks Consensus Estimate for TFPM's full-year earnings has increased by 10.6% in the past quarter, reflecting improving analyst sentiment [4] Group 2 - TFPM is part of the Mining - Gold industry, which includes 41 individual stocks and currently ranks 46 in the Zacks Industry Rank [6] - Another stock in the same industry, US Gold Corp (USAU), has also outperformed the sector with a year-to-date return of 137.4% and a Zacks Rank of 2 (Buy) [5][6] - Both TFPM and US Gold Corp are expected to continue their strong performance, making them noteworthy for investors interested in Basic Materials stocks [6]

Core Viewpoint - The U.S. stock market showed resilience despite global market weaknesses, with the S&P 500 recovering losses aided by bargain hunters, while concerns about inflation and the Federal Reserve's stance on interest rates influenced market sentiment [1][14]. Market Performance - The Dow Jones Industrial Average fell by 309.74 points (0.65%) to 47,147.48 but recorded a weekly gain of 0.3% [8] - The S&P 500 decreased by 3.38 points (0.05%) to 6,734.11, resulting in a weekly gain of 0.1% [8] - The Nasdaq Composite rose by 30.23 points (0.13%) to 22,900.59, ending the week with a loss of approximately 0.5% [8] - MSCI's global equities gauge declined by 4.37 points (0.44%) to 995.79, indicating a weekly gain of around 0.4% [8] Federal Reserve Insights - Federal Reserve officials expressed concerns about persistent inflation, with Kansas City Fed President Jeffrey Schmid highlighting that inflation issues extend beyond tariffs, indicating potential dissent regarding future rate cuts [2][14] - Dallas Fed President Lorie Logan opposed a December rate cut, citing high inflation as a concern [2][14] - Following comments from Fed officials, traders adjusted expectations for a quarter-point rate cut next month to a 46% probability, down from 66.9% the previous week [5][14] Sector-Specific Developments - The technology sector showed some recovery, with Nvidia, a leader in AI chips, increasing by 1.8%, while the smaller cap S&P 600 technology index closed up 0.3% [6][14] - Upcoming quarterly earnings reports from Nvidia and major retailers are anticipated to provide insights into consumer health and AI demand [6][14] Global Market Trends - European markets, including the pan-European STOXX 600 index and FTSEurofirst 300 index, closed down about 1% [9][14] - Asian shares outside Japan fell by 1.5% before U.S. markets opened [10][14] Currency and Commodity Movements - The dollar index rose by 0.02% to 99.26, with the euro down 0.08% at $1.1622, while the Japanese yen strengthened slightly against the dollar [11][14] - Oil prices increased due to supply concerns, with U.S. crude rising by 2.39% to $60.09 per barrel and Brent crude up by 2.19% to $64.39 per barrel [13][15] - Gold prices fell following hawkish remarks from Fed officials, with spot gold down 2.12% to $4,082.76 per ounce [13][15]

Core Insights - U.S. Gold Corp. is participating in the 121 Mining Investment Conference in London on November 17-18, 2025, with key representatives attending for one-on-one meetings [1][2]. Company Overview - U.S. Gold Corp. is a publicly traded company focused on gold and copper exploration and development in the U.S. It has a portfolio that includes the CK Gold Project in Wyoming, which is an advanced-stage gold-copper deposit [3]. - The CK Gold Project has completed a Pre-Feasibility Study that demonstrates robust economics, positioning it for feasibility-level advancement in 2025 [2][3]. Project Details - The CK Gold Project is fully permitted and is expected to provide economic benefits, job creation, and essential metals for clean energy technologies [2]. - The project is seen as a near-term provider of domestic copper and gold production, highlighting its strategic importance [2].

Core Viewpoint - SSR Mining has announced a new technical study for the Cripple Creek & Victor (CC&V) gold mine, indicating an increase in mineral reserves and an extended projected life for the asset [1][2]. Mineral Reserves and Mine Life - CC&V's mineral reserves are now estimated at approximately 2.8 million ounces of gold, an increase from 2.4 million ounces at the end of 2024, allowing for an additional 12 years of mining and stacking, followed by 14 years of residual leaching [2]. - The mine's life plan suggests a long-lived operation, as stated by SSR's executive chairman [2]. Acquisition and Financial Performance - SSR Mining acquired CC&V from Newmont in February, and the operation has already generated over $100 million in after-tax free cash flow, effectively paying back the acquisition cost [3]. - CC&V is projected to produce between 90,000 to 110,000 ounces of gold in the current year, with an average annual output expected to be 141,000 ounces from 2026 to 2028 [3]. Net Present Value and Internal Rate of Return - At an average gold price of $3,240 per ounce, CC&V's after-tax net present value (NPV) is estimated at $824 million, which could rise to approximately $1.5 billion if gold averages $4,000 per ounce [4]. - The acquisition has an implied internal rate of return exceeding 100% based on cash payments and projected cash flow [4]. Resource Expansion Potential - The new technical report includes a proposed expansion of the mine's open pits and leach pads, with significant ore expected to be sourced from existing operational pits [5]. - CC&V holds 235.1 million proven and probable tonnes grading 0.37 grams of gold per tonne, totaling 2.8 million ounces, with additional measured and indicated resources of 4.8 million ounces and inferred resources of 2 million ounces [6]. Future Mine Life Extensions - The additional 6.8 million ounces of resources not included in the current mine plan provide SSR with significant optionality to extend CC&V's mine life in the future [7]. - Analysts view CC&V as a generational asset for SSR, offering substantial free cash flow and leverage to higher gold prices [7]. Cost Projections - SSR anticipates all-in sustaining costs to average $2,051 per ounce of gold sold during the 2026-28 period, and $2,135 for the 2026-30 period [8]. - The higher-than-expected life-of-mine unit operating costs have surprised analysts, exceeding previous estimates and actual costs incurred by both SSR and Newmont [8]. Location and Market Performance - CC&V is situated about 160 km southwest of Denver, covering 61 square kilometers in a prolific U.S. gold mining district, with extensive drilling completed [9]. - SSR's shares experienced a slight decline of 0.2% to C$29.11, giving the company a market capitalization of approximately C$5.9 billion ($4.2 billion) [9].

Market Overview - Global financial markets are experiencing a strong upward trend, driven by optimism regarding a resolution to the U.S. government shutdown and expectations of a dovish Federal Reserve [2][10] - European futures have shown significant gains, with EuroStoxx 50 up 1.4%, DAX rising 1.3%, and FTSE 100 increasing by 0.9% [2] - U.S. futures for Nasdaq and S&P 500 advanced 1% and 0.6%, respectively, indicating a positive start to the trading week [2] U.S. Government Shutdown - Progress on the U.S. government shutdown is a key driver of market sentiment, with U.S. senators reportedly reaching a deal to end the 40-day shutdown [3] - This development is expected to restore consumer confidence and economic activity [3] Commodities - Crude oil prices are gaining momentum, with Brent crude futures rising 0.74% to $64.10 per barrel and U.S. WTI crude climbing 0.84% to $60.25 per barrel [4] - The anticipated reopening of the federal government is expected to lift demand in the U.S., the world's top oil consumer [4] Gold Market - Gold prices have surged, with spot gold gaining 0.7% to $4,027.88 per ounce and U.S. gold futures for December delivery also rising 0.7% to $4,036.60 per ounce [5] - The rise in gold prices is attributed to concerns over global growth and expectations of Federal Reserve interest rate cuts, with a 67% chance of a December rate cut now seen by market participants [5] Corporate News - The Australian Securities Exchange (ASX) has appointed Lucinda McCann as its new Chief Compliance Officer to strengthen governance and support ongoing turnaround efforts [6][10] International Economic Developments - Japanese Prime Minister Sanae Takaichi has indicated plans to shift fiscal targets towards multi-year spending measurements, emphasizing a commitment to proactive fiscal expansion to stimulate economic growth [7] Scientific Advancements - Chinese scientists at Lonvi Biosciences are developing an anti-aging drug based on a grape seed compound called PCC1, aiming to extend human lifespan to 150 years [8][10]

Core Viewpoint - U.S. Gold Corp. is participating in the inaugural Curzio One Wealth Conference, highlighting its position to benefit from the U.S. mining renaissance and showcasing its CK Gold Project, which is expected to deliver robust returns and contribute to sustainable mineral development in the U.S. [1][2][3] Company Overview - U.S. Gold Corp. is a publicly traded company focused on gold and copper exploration and development, with a portfolio that includes the CK Gold Project in Wyoming, the Keystone property in Nevada, and the Challis Gold Project in Idaho [4]. CK Gold Project Details - The CK Gold Project is a fully permitted, advanced-stage gold-copper deposit in Wyoming, demonstrating the potential for economic benefits, job creation, and essential metals for clean energy technologies [3]. - A Preliminary Feasibility Study published in February 2025 indicates robust economics for the CK Gold Project, which is progressing towards definitive feasibility, positioning it as a near-term provider of domestic U.S. copper and gold production [3]. Conference Participation - The Curzio One Wealth Conference will take place from November 9-11, 2025, in Fort Lauderdale, Florida, where Company Chairman Mr. Luke Norman will present on November 10, 2025, at 9:35 AM EST [2].

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