U.S. Gold Corp. (NASDAQ:USAU) (the “Company,” “we,” “us” or “our”), a gold development and exploration company, today issued a CEO update outlining its recent and expected milestones, as it continues to advance its assets and projects (the “CEO Update”) in 2024.
Operational and strategic highlights follow:
CK Gold Project
- Anticipated Permit Approval H1 2024
- Finalized Feasibility Study H1 2024
- Shovel ready H2 2024 (pending Board of Directors’ approval)
- Robust Economics on Copper and Gold sales
- Significant upside on additional resource, and aggregate opportunity
- Well positioned to benefit from the rising gold and copper market
- A low impact project with significant potential environmental benefits
- Tax and employment benefits to the State of Wyoming
Exploration
- Largely unrecognized value of assets, held at minimal holding cost
- Keystone – a highly prospective 20-square mile exploration asset in Nevada, on trend with Nevada Gold Mines’ Cortez Complex
- Opportunity in Idaho with historic production
Company Valuation
- Anticipated to emerge de-risked from current low share price valuation
- Positioned to benefit from a bullish outlook for copper and gold
- $4.0 million in treasury per recent quarterly statement
A copy of the CEO Update is available on the Company’s corporate website.
