US Gold CorpNASDAQ USAU Stock Report

U.S. Gold Corp. is a gold exploration and development company. The Company own certain mining leases and other mineral rights comprising the Copper King (CK) Gold Project in Wyoming, the Keystone Project in Nevada and the Challis Gold project in Idaho. The CK Gold project is in development-stage, proposed open-pit mine producing a copper concentrate containing gold, copper and silver from porphyry-style mineralization. The CK Gold Project is located in southeastern Wyoming, approximately 20 miles west of the city of Cheyenne. The Keystone gold project has 650 unpatented lode mining claims comprising approximately 20 square miles in Eureka County, Nevada. The Challis Gold project holds 100% ownership and approximately 87 unpatented lode mining claims in Lemhi County, Idaho covering approximately 1,710 acres. The Challis Gold property is situated in the Salmon River Mountains, approximately 40 km southwest of the town of Salmon, Idaho, and 69 km north of the smaller town of Challis.