Group 1 - Proactive specializes in providing fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Group 2 - Proactive has a strong emphasis on technology adoption, utilizing both human expertise and technological tools to enhance workflows [4] - The company employs automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Viewpoint - The updated pre-feasibility study (PFS) for the CK Gold Project indicates strong economic potential, with plans to advance to a feasibility study (FS) and explore further optimization opportunities [1][4][32]. PFS Highlights - The CK Gold Project has an operating life of 10.2 years, with total gold contained estimated at 1.672 million AuEq ounces and total gold produced for sales projected at 1.112 million AuEq ounces [2][9]. - The average all-in sustaining cost is $937 per AuEq ounce, with a pre-tax NPV of $459 million and an IRR of 36% [2][10]. - The project anticipates free cash flow of $693.2 million pre-tax and $556.9 million post-tax [2][10]. Economic Performance - The PFS reflects a significant improvement over the previous study, with a 42% increase in NPV and a 15% improvement in payback period [9][19]. - The project is based on a mineral reserve estimate of 73.2 million tons at a grade of 0.014 ounces per ton, supporting a simple surface mining operation [7][13]. Project Timeline and Construction - A 30-month construction period is planned, potentially starting in late 2025, with initial production of gold concentrate targeted for 2028 [8][16]. - Initial capital costs are estimated at $277 million, covering the development of the mine and processing facilities [16][18]. Permitting and Regulatory Status - The project has received necessary permits, including the Industrial Siting Permit and Mine Operating Permit, with conditions for further environmental compliance [29][30]. Optimization and Future Steps - The company plans to finalize optimization work and advance to the FS by the end of 2025, including metallurgical testing and evaluations for waste rock commercialization [32][35]. - Exploration potential exists to expand resources, with ongoing drilling programs anticipated to enhance mineral reserves [33][34].

Company Overview - U.S. Gold Corp. is a publicly traded company focused on gold and copper exploration and development in the U.S. [3] - The company has a fully permitted CK Gold Project located in Southeast Wyoming, along with two exploration projects: Keystone Gold in Nevada and Challis Gold in Idaho [3]. Upcoming Event - U.S. Gold Corp. will attend the 2025 Future Minerals Forum in Riyadh, Saudi Arabia, from January 14 to January 16, 2025 [2]. - The forum is a significant gathering for government and industry representatives aimed at creating resilient and responsible mineral value chains [2]. Strategic Focus - The company plans to engage in one-on-one meetings at the forum to discuss operational updates on the CK Gold Project, permitting strategies for the Challis Gold Project, and systematic exploration at the Keystone Project [5]. - U.S. Gold Corp. has a positive outlook on the 2025 gold and copper market dynamics and prices, anticipating a favorable impact on its asset values and strategy [5].

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers key finance and investing hubs, focusing on medium and small-cap markets, as well as blue-chip companies and broader investment stories [2][3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive adopts technology to enhance workflows, utilizing decades of expertise and experience among its content creators [4] - The company employs automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Regulatory Approval allows the Company to proceed toward development of the CK Gold Project in WyomingCHEYENNE, Wyo., Nov. 18, 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 final permit (the "Air Quality Permit") approval from the Air Quality Division of the Wyoming Department of Environmental Quality ("WDEQ") paving the way for development of the CK Gold Project. With thi ...

Investor TV - Friday, November 1, 2024 at 12:00 pm EST CHEYENNE, Wyo., Oct. 30, 2024 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU) is pleased to announce that Luke Norman, Chairman of U.S. Gold, will be a panelist on the upcoming live panel discussion entitled Mined in the USA – Gold, Profits & Politics hosted by Investor TV. The live panel discussion will feature commodities experts, corporate leaders and investment professionals who will examine gold's un ...

CHEYENNE, Wyo., Sept. 25, 2024 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU), is pleased to announce that as part of its fall investor marketing program, the company participated in the Precious Metals Summit Beaver Creek and Denver Gold Forum Americas Conferences from September 10-18, 2024 (the "Conferences"). As precious metals commodities continued to reach new highs, U.S. Gold's management met with over 100 entities from around the world, including majo ...

Core Points - U.S. Gold Corp. will attend the Gold Forum Americas 2024 Conference from September 15-18, 2024, at the Broadmoor Hotel & Resort in Colorado Springs, Colorado [1][3] - The Gold Forum Americas is the oldest and most prestigious investment forum for precious commodity equities, showcasing leading publicly traded gold and silver companies [2] - U.S. Gold's management will participate in meetings with institutional investors and provide a corporate presentation on September 18, 2024 [3] Company Overview - U.S. Gold Corp. is a publicly traded company focused on gold and copper exploration and development, with a portfolio of exploration properties including the CK Gold Project in Southeast Wyoming, the Keystone exploration property in Nevada, and the Challis Gold Project in Idaho [4]