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U.S. Gold Corp. Announces Further Approval for the CK Gold Project in Wyoming
Achieves Water Discharge Permit associated with recently granted Mine Operating Permit CHEYENNE, Wyo., June 13, 2024 /PRNewswire/ -- U.S. Gold Corp. ("U.S.
About this update from U.s. Gold Corp.
[{"type":"text","content":"Achieves Water Discharge Permit associated with recently granted Mine Operating Permit \nCHEYENNE, Wyo., June 13, 2024 /PRNewswire/ -- U.S. Gold Corp. (\"U.S. Gold,\" the \"Company,\" \"we,\" \"our\" or \"us\") (Nasdaq: USAU), today announced that its wholly owned subsidiary, Gold King Corp., has been issued its Wyoming Pollutant Discharge Elimination System Permit, dated May 31, 2024 (the \"Water Discharge Permit\"), from the Director of the Wyoming Department of Environmental Quality (\"WDEQ\") satisfying one of the conditions associated with the recently granted Surface Gold Mine Permit (the \"Mine Operating Permit\") for the CK Gold Project.\nIn commenting on the approval, George Bee, President, CEO and Director of U.S. Gold said, \"Issuance of the Water Discharge Permit satisfies one of the three conditions associated with the Mine Operating Permit, further cementing that major milestone, as U.S. Gold moves along the pathway toward development. Work to complete the remaining conditions, the acceptance of the already submitted reclamation bond and the Air Quality Permit are anticipated shortly. The Air Quality Permit is currently under review with the WDEQ Air Quality Division, and we remain on track to receive unconditional approval to move forward with the Mine Operating Plan in hand, around mid-year, as per prior guidance.\"\nLuke Norman, Executive Chairman of U.S. Gold, added, \"The CK Gold Project continues to advance with the major permitting almost complete. Over the past year, the project has received its Industrial Siting, Mine Operating and Water Discharge Permits, demonstrating a pathway to near-term operations. We would like to recognize our management team, consultants, and the State of Wyoming regulatory authorities for their hard work and dedication in advancing the CK Gold Project. The CK Gold Project sits on State and private ground in Wyoming, which is an extraordinary jurisdiction for resource development, with a clear regulatory framework, and authorities that are knowledgeable, experienced, and motivated to safely and responsibly manage the State's mineral wealth.\"\nBackground\nU.S. Gold Corp. pivoted from a purely exploration focus on its highly prospective assets in Nevada and Idaho to development of the CK Gold Project in 2020, representing a significant and achievable value creation opportunity for ...