U.S. Gold Corp.

CK Gold is a copper-gold-silver deposit located near Cheyenne, Wyoming. The May 2023 pre-feasibility study estimated 1.4 million gold-equivalent ounces in measured and indicated resources, with a 10-year mine life and all-in sustaining costs under $800 per ounce. It became the first gold project in Wyoming history to receive a mine operating permit in April 2024. The deposit sits on private land with existing infrastructure, reducing construction risk relative to remote mine builds.

George Bee has served as President and CEO since 2021 and brings over 40 years of mining operations experience. He previously led AngloGold Ashanti's Americas division and held senior roles at Barrick Gold. His operational specialty is advancing development-stage deposits through permitting and into construction — exactly the phase CK Gold entered in 2024.

U.S. Gold Corp. is a publicly traded mining development company listed on Nasdaq (USAU). It is not a family office and does not manage third-party capital. The firm raises development funding through equity offerings, with a current market capitalization near $80 million.

Yes. The firm holds the Keystone and Maggie Creek exploration properties in Nevada's Cortez Trend, one of the world's most productive gold districts. However, U.S. Gold Corp. has publicly stated it is deferring exploration spending on these assets to concentrate its $15 million 2024 budget exclusively on advancing CK Gold toward a construction decision.

The firm has not published a definitive construction start date or first-gold target. The 2024 work program funds detailed engineering, equipment procurement, and site preparation. With major permits — the mine operating permit and Wyoming Industrial Siting Permit — now approved, the primary gating items are project financing and a formal construction decision by the board.