U.S. Gold (USAU) - 2024 Q4 - Annual Report

Infrastructure and Facilities The Challis Gold property is situated in the Salmon River Mountains, approximately 40 km (25 mi) southwest of the town of Salmon, Idaho, and 69 km (43 mi) north of the smaller town of Challis (Figure 7). The project area is considered to be within the Cobalt Mining District, as the past-producing Blackbird Cobalt Mine is located 9.3 km (5.75 mi) north-northwest of the property. The nearlyabandoned town of Cobalt, a previous company town for the Blackbird Mine, is along Panther ...