US Gold Corp chairman provides insights into the company's CK Gold and Keystone Project – ICYMI

Core Viewpoint - US Gold Corp is advancing its CK Gold Project and refocusing on the Keystone Project, highlighting significant geological potential and the need for capital to unlock value [1][4][12] CK Gold Project - The company is in the final stage of the definitive feasibility study for the CK Gold Project, with site preparation and road construction underway [1][5] - An agreement has been signed with Black Hills Energy for power transmission, with financing decisions expected by the end of the year [2][6] Keystone Project - The Keystone Project is described as a "district scale project" located near Barrick's Cortez Complex, which has recently seen a major discovery that significantly increased Barrick's market cap by $30–40 billion [2][8] - The geological similarities between Keystone and Cortez, including the same rock types and stratigraphy, position Keystone as a promising exploration target [8][9] - The arsenic anomaly at Keystone is noted to be one of the largest seen in Nevada, indicating strong potential for gold mineralization [3][9] Historical Context and Drilling - Historical drilling at Keystone has been limited, primarily conducted by Placer Dome before Barrick's acquisition of Cortez, with US Gold Corp consolidating the district over 25 years [10] - Recent scout drilling has revealed over 1,800 feet of altered limestone host rock, similar to that at Cortez, suggesting the presence of gold deposits [11] Future Potential - The company acknowledges that while advancing CK Gold, the potential discovery at Keystone could have transformative, billion-dollar implications [12] - The geological structure at Keystone includes a 13-mile-long corridor with multiple intrusives, which are critical for gold deposition, mirroring successful methodologies used at Cortez [13]