ELKO, Nev., Jan. 27, 2021 /PRNewswire/ -- U.S. Gold
Corp. (Nasdaq: USAU) (the "Company"), a gold exploration and
development company, today announced that it has issued a CEO
update outlining the Company's recent and expected milestones, as
it continues to advance its assets and mining projects.
Highlights include:
- Update on 2020 field activities at the CK Gold Project in
Wyoming
- Announcement of encouraging initial project drill results
- Advancement of the CK Gold Project to the Pre-Feasibility
Study
"I am proud of all of the work U.S. Gold Corp. has accomplished
since I joined in August 2020,"
stated George Bee,
President and CEO of U.S. Gold Corp. "As we continue to push
forward and advance our CK Gold Project, we anticipate 2021 being a
busy year for us. We hope to have the Pre-Feasibility Study
completed in the first half and plan to continue to advance all of
our projects throughout the year."
A copy of the letter is available on our website at:
www.usgoldcorp.gold/Jan2021-SH-Letter.
About U.S. Gold Corp.
U.S. Gold Corp. is a publicly traded, U.S. focused gold
exploration and development company. U.S. Gold Corp. has a
portfolio of exploration properties. Copper King, now the CK Gold
Project, is located in Southeast
Wyoming and has a Preliminary Economic Assessment (PEA)
technical report, which was completed by Mine Development
Associates. Keystone and Maggie
Creek are exploration properties on the Cortez and Carlin
Trends in Nevada. The Challis Gold
Project is located in Idaho. For more information about U.S.
Gold Corp., please visit www.usgoldcorp.gold.
Safe Harbor
Certain statements in this press release are forward-looking
within the meaning of the Private Securities Litigation Reform Act
of 1995. These statements may be identified by the use of
forward-looking words such as "anticipate," "believe," "forecast,"
"estimated," and "intend," among others. These forward-looking
statements are based on U.S. Gold Corp.'s current expectations, and
actual results could differ materially from such statements. There
are a number of factors that could cause actual events to differ
materially from those indicated by such forward-looking statements.
These factors include, but are not limited to, risks arising from:
the prevailing market conditions for metal prices and mining
industry cost inputs, environmental and regulatory risks, risks
faced by junior companies generally engaged in exploration
activities, whether U.S. Gold Corp. will be able to raise
sufficient capital to implement future exploration programs,
COVID-19 uncertainties, and other factors described in the
Company's most recent Annual Report on Form 10-K, Quarterly Reports
on Form 10-Q, and Current Reports on Form 8-K filed with the
Securities and Exchange Commission, which can be reviewed at
www.sec.gov. The Company has based these forward-looking statements
on its current expectations and assumptions about future events.
While management considers these expectations and assumptions to be
reasonable, they are inherently subject to significant business,
economic, competitive, regulatory, and other risks, contingencies,
and uncertainties, most of which are difficult to predict and many
of which are beyond the Company's control. The Company makes no
representation or warranty that the information contained herein is
complete and accurate and we have no duty to correct or update any
information contained herein.
For additional information, please contact:
U.S. Gold Corp. Investor Relations:
+1 800 557 4550
ir@usgoldcorp.gold
www.usgoldcorp.gold