[FORM 10-K Filing Information](index=1&type=section&id=FORM%2010-K) Basic Form 10-K filing details for U.S. Gold Corp., including incorporation and NASDAQ listing [General Information / Filing Details](index=1&type=section&id=General%20Information%20%2F%20Filing%20Details) U.S. Gold Corp.'s Form 10-K filing details, including Nevada incorporation and NASDAQ listing as a smaller reporting company - U.S. Gold Corp. is incorporated in Nevada and listed on the NASDAQ Capital Market under the symbol **USAU**[143](index=143&type=chunk)[157](index=157&type=chunk) - The company is classified as a 'smaller reporting company' and is not a 'well-known seasoned issuer' or 'large accelerated filer'[145](index=145&type=chunk)[159](index=159&type=chunk) Common Stock Market Value and Outstanding Shares | Metric | Value | | :----- | :---- | | Aggregate market value of voting and non-voting common stock (as of Oct 31, 2023) | $27,084,928 | | Closing sale price per share (as of Oct 31, 2023) | $3.33 | | Number of shares of Common Stock outstanding (as of July 26, 2024) | 10,732,277 | [Index to Form 10-K](index=3&type=section&id=INDEX) This section provides a comprehensive table of contents for the entire Form 10-K report [Index to Form 10-K](index=3&type=section&id=Index%20to%20Form%2010-K) The Form 10-K table of contents outlines key sections like Business, Risk Factors, and Financial Statements - The index lists key sections including Part I (Business and Properties, Risk Factors), Part II (Market for Common Equity, MD&A, Financial Statements), and Part III (Directors, Executive Compensation)[148](index=148&type=chunk)[150](index=150&type=chunk)[161](index=161&type=chunk) [Forward-Looking Statements](index=4&type=section&id=FORWARD-LOOKING%20STATEMENTS) This section cautions readers about forward-looking statements and associated risks in the report [Forward-Looking Statements](index=4&type=section&id=FORWARD-LOOKING%20STATEMENTS) The report contains forward-looking statements about future operations and financial expectations, subject to various risks - The report contains forward-looking statements concerning anticipated results, planned exploration and development, and business plans, identified by words like 'anticipate,' 'expect,' 'may,' 'will,' and 'should'[151](index=151&type=chunk)[152](index=152&type=chunk) - Actual results may differ materially due to factors such as unfavorable exploration results, decreases in metal prices, inability to raise capital, permitting delays, and economic/political events[181](index=181&type=chunk)[163](index=163&type=chunk) - The company is not obligated to publicly release revisions to these statements to reflect future events or developments, except as required by law[163](index=163&type=chunk) [PART I](index=5&type=section&id=PART%20I) Part I covers the company's business, properties, and significant risk factors [Business and Properties](index=5&type=section&id=Items%201%20and%202.%20BUSINESS%20AND%20PROPERTIES) U.S. Gold Corp. is a gold, copper, and precious metals exploration and development company with no current revenue - U.S. Gold Corp. is a gold, copper, and precious metals development and exploration company, primarily in Wyoming, Nevada, and Idaho[154](index=154&type=chunk) - The CK Gold Project in Wyoming is a development-stage property with proven and probable mineral reserves, while other properties (Keystone, Challis Gold) are exploratory[184](index=184&type=chunk)[525](index=525&type=chunk)[588](index=588&type=chunk) - The company currently has no revenue-producing activities[184](index=184&type=chunk)[141](index=141&type=chunk) [Overview](index=5&type=section&id=Overview) Overview of the company's primary focus on the CK Gold Project and other exploration properties - The company's primary focus is advancing the CK Gold Project in Wyoming, which contains proven and probable mineral reserves[184](index=184&type=chunk) - Other properties, Keystone in Nevada and Challis Gold in Idaho, are in the exploration stage without established mineral reserves[184](index=184&type=chunk) [Corporate Address](index=6&type=section&id=Corporate%20Address) Details the company's principal executive offices and contact information - The company's current address is 1910 E. Idaho Street, Suite 102-Box 604, Elko, NV 89801, with telephone number **(800) 557-4550**[156](index=156&type=chunk)[185](index=185&type=chunk) [Employees](index=6&type=section&id=Employees) Information on the company's workforce, including full-time employees and consultants - As of April 30, 2024, the company had **4 full-time employees** and no part-time employees, supplementing its workforce with consultants for project evaluation, due diligence, corporate governance, and property management[167](index=167&type=chunk) [Our Mineral Properties and Projects](index=6&type=section&id=OUR%20MINERAL%20PROPERTIES%20AND%20PROJECTS) Details the company's current and previous mineral properties, including stage, ownership, and permits [Summary of Current Mineral Properties](index=7&type=section&id=Summary%20of%20Current%20Mineral%20Properties) Overview of the company's active mineral properties, including their stage and key characteristics Current Mineral Properties Overview | Property | Stage of Property/Mine and mineralization types | Ownership, Mineral Rights, Leases or Options | Key permit conditions | Processing plants and other available facilities | Other | | :------- | :-------------------------------------------- | :------------------------------------------- | :-------------------- | :--------------------------------------- | :---- | | CK Gold Project, Wyoming | Development stage, proposed open-pit mine producing a copper concentrate containing gold, copper and silver from porphyry-style mineralization. | 100% ownership - Two state of Wyoming Mineral Leases covering approximately 1,120 acres in Laramie County, Wyoming. State of Wyoming has certain royalty interests on mineral production. | Exploration permits received. Submitted applications to the Wyoming Division of Environmental Quality (the "WDEQ") for the permit to mine and industrial siting. The WDEQ – Land Division has accepted the Company's reclamation bond and issued a water discharge permit to the Company. The remaining condition associate with the permit to mine is receipt of the air quality permit. The permit application is with the Air Quality Division of the WDEQ. | Working on detailed engineering studies for feasibility study. | No significant facilities. | | Keystone - Nevada | Gold exploration | 100% ownership - 601 unpatented lode mining claims comprising approximately 20 square miles in Eureka County, Nevada. | Preparing a revised plan of operations for further exploration. | No significant facilities. | No significant facilities. | | Challis - Idaho | Gold exploration | 100% ownership - 77 unpatented lode mining claims in Lemhi County, Idaho covering approximately 1,710 acres. A royalty interest has been granted on the Challis property. | Exploration permits received. Reclamation bonding in place. Additional exploration permits may be necessary for additional exploration. | No significant facilities. | 0.5% NSR subject to NGM exercising their option on the property, with a buy option to reduce the royalty to 0.25% for $800,000. | [Summary of Previous Mineral Properties](index=7&type=section&id=Summary%20of%20Previous%20Mineral%20Properties) Overview of the company's divested mineral properties and their associated royalty potential Previous Mineral Properties Overview | Property | Stage of Property/Mine and mineralization types | Ownership, Mineral Rights, Leases or Options | Key permit conditions | Processing plants and other available facilities | Other | | :------- | :-------------------------------------------- | :------------------------------------------- | :-------------------- | :--------------------------------------- | :---- | | Maggie Creek - Nevada | Gold exploration | We sold our rights to acquire the property to Nevada Gold Mines ("NGM") in November 2022. Royalty potential of 0.5% if NGM acquires the Maggie Creek property. | Previous exploration permit and reclamation bond have been transferred to NGM. | No significant facilities. | Drilled two exploration holes in the fiscal year | [CK Gold Project, Wyoming](index=9&type=section&id=CK%20Gold%20Project%2C%20Wyoming) The CK Gold Project in Wyoming is a development-stage property with proven and probable reserves and permitting progress - The CK Gold Project is located in southeastern Wyoming, approximately **20 miles west of Cheyenne**, within the historic Silver Crown Mining District[193](index=193&type=chunk)[192](index=192&type=chunk) - The project consists of two State of Wyoming mineral leases covering approximately **two square miles**, with mineral rights owned by the State of Wyoming[193](index=193&type=chunk)[211](index=211&type=chunk) - The company received an Industrial Siting Permit (ISP) in June 2023 and approval for its Mine Operating Permit and Closure Plan (MOP) in May 2024, with two of three conditions met (reclamation bond and water discharge permit); the air quality permit is expected in calendar year 2024[199](index=199&type=chunk)[215](index=215&type=chunk)[216](index=216&type=chunk)[228](index=228&type=chunk)[321](index=321&type=chunk) - A Water Development and Purchase Agreement was entered into with the City of Cheyenne's Board of Public Utilities in February 2023 to secure a firm water supply[197](index=197&type=chunk) - The project's prefeasibility study (PFS) highlights a **10-year mine life** at **20,000 short tons per day**, with average annual gold equivalent production of **108,500 ounces** and an initial capital cost of **$221 million**[226](index=226&type=chunk)[

Core Insights - The CEO of US Gold Corp emphasizes the strategic advantages of the CK Gold project in Wyoming, highlighting the state's resource-friendly environment and supportive infrastructure for mining operations [1][4]. Location Advantages - Wyoming is described as a resource-rich state with a population of approximately 660,000, where much of the revenue is derived from the resource sector, including coal, oil, gas, and uranium [4]. - The project is located in the southeast corner of Wyoming, about 20 miles from Cheyenne, which is a mining-friendly jurisdiction with existing mining activities nearby [10][11]. - The proximity to major cities like Gillette and Salt Lake City facilitates easy access to equipment suppliers, enhancing operational efficiency [9]. Environmental Considerations - The project is designed to be environmentally friendly, utilizing a dry stack tailings system and recycling all water, thus minimizing environmental impact [5][6]. - The company has not faced significant opposition to its clean operation plan, which involves mining and processing ore without harmful chemicals [5]. Permitting and Infrastructure - US Gold Corp has received key permits, including an industrial siting permit and a conditional mine operating permit, with most conditions already met [16]. - The existing infrastructure, including major interstate highways, allows for straightforward project development without the need for extensive construction of facilities [14][13]. Labor and Community - The availability of local talent and the ability for workers to return home at night make the project an attractive employment opportunity, especially in a competitive labor market [14].

U.S. Gold Corp. is proud to be a Copper Boot sponsor at the world's largest outdoor rodeo in celebration of Cheyenne's authentic western heritage and community roots This 10-day event features the world's largest outdoor rodeo and has been an important tradition in the region since its founding in 1897. Its activities celebrate the country's rich western heritage, drawing top professionals competing for more than $1 million in prizes, and includes events such as a chuckwagon cook-offs, nightly concerts and ...

CHEYENNE, Wyo., June 20, 2024 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU), today announced that its wholly-owned subsidiary, Gold King Corp., has received formal acceptance of the previously submitted reclamation bond, from the Director of the Wyoming Department of Environmental Quality ("WDEQ"). With this acceptance, two of the three conditions associated with the recently granted Surface Gold Mine Permit (the "Mine Operating Permit") for the CK Gold Pro ...

Achieves Water Discharge Permit associated with recently granted Mine Operating Permit Luke Norman, Executive Chairman of U.S. Gold, added, "The CK Gold Project continues to advance with the major permitting almost complete. Over the past year, the project has received its Industrial Siting, Mine Operating and Water Discharge Permits, demonstrating a pathway to near-term operations. We would like to recognize our management team, consultants, and the State of Wyoming regulatory authorities for their hard wo ...

US Gold Corp (NASDAQ:USAU) Government Affairs and Community Relations Manager Jason Begger discussed the company's gold mining project in Wyoming with Proactive's Steve Darling in a recent interview. Yes, the permit approval process is an open dialogue involving not only the company and regulators but also stakeholders. There's ample opportunity for public comment and participation. Through our legwork in the permitting process, we've been able to address and alleviate many concerns and fears, making the pr ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________to _____________ Commission file number: 001-08266 U.S. GOLD CORP. (Exact Name of Registrant as Specified in its Charter) | Nevada | 22-1831409 | | --- | -- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________to _____________ Commission file number: 001-08266 U.S. GOLD CORP. (Exact Name of Registrant as Specified in its Charter) | Nevada | 22-1831409 | | --- | --- | | (State or other jurisdictio ...

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2023 OR UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Washington, D.C. 20549 FORM 10-Q For the transition period from ___________to _____________ Commission file number: 001-08266 U.S. GOLD CORP. (Exact Name of Registrant as Specified in its Charter) | Nevada | 22-1831409 | | --- | --- | ...

For the fiscal year ended April 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-08266 U.S. GOLD CORP (Exact Name of registrant as Specified in its Charter) Nevada 22-1831409 (State or other jurisdiction of incorporation or org ...