Business
U. S. Gold Corp. Signs Engineering and Procurement Contract with Cheyenne Light, Fuel and Power Company for CK Gold Project
U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU) is pleased to announce that Gold King Corp., a wholly-owned subsidiary of U.S. Gold, has executed a contract with Cheyenne Light, Fuel and Power ("CLFP"), a subsidiary of Black Hills Corp., the first step toward construction of the powerline to serve the CK Gold Project leading to the development of its wholly owned CK Gold Project (the "Project") situated in southeast Wyoming, U.S.A. CLFP is expected to begin pre-c
About this update from Black Hills Corporation
[{"type":"text","content":"CHEYENNE, Wyo., Aug. 27, 2025 /CNW/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU) is pleased to announce that Gold King Corp., a wholly-owned subsidiary of U.S. Gold, has executed a contract with Cheyenne Light, Fuel and Power ("CLFP"), a subsidiary of Black Hills Corp., the first step toward construction of the powerline to serve the CK Gold Project leading to the development of its wholly owned CK Gold Project (the "Project") situated in southeast Wyoming, U.S.A. CLFP is expected to begin pre-construction planning, engineering and procurement activities in preparation for the potential construction of facilities as would be necessary to provide power and energy to the Project.","length":800,"tagName":"p"},{"type":"text","content":"It is anticipated that the 30MW of power needed by the Project will be provided from CLFP's electric power system to the Project. Mr. Kevin Francis, Vice President of Exploration & Technical Services of U.S. Gold Corp., said, "CLFP has provided us with excellent engineering support and power solutions that will enhance the CK Gold Project."","length":360,"tagName":"p"},{"type":"text","content":"Engineering and procurement activities include:","length":47,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"development of general arrangement drawings;","length":44,"tagName":"p"}]},{"val":[{"type":"text","content":"substation design;","length":18,"tagName":"p"}]},{"val":[{"type":"text","content":"development of the overall project schedule and budget;","length":55,"tagName":"p"}]},{"val":[{"type":"text","content":"land rights, environmental and permitting;","length":42,"tagName":"p"}]},{"val":[{"type":"text","content":"regulatory filings; and","length":23,"tagName":"p"}]},{"val":[{"type":"text","content":"procurement of long lead time materials.","length":40,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":222,"olType":false},{"type":"text","content":"About USAU","length":10,"tagName":"p"},{"type":"text","content":"U.S. Gold Corp. is a publicly traded, U.S. focused gold and copper exploration and development company. U.S. Gold Corp. has a portfolio of exploration properties. Our CK Gold Project is located in Southeast Wyoming and has a ...