Business
U.S. Gold Corp. Announces Inclusion in Russell Microcap® Index
-Company on track to complete CK Gold Project Pre-Feasibility Study -Inclusion in the index could lead to greater institutional and ETF awareness and
About this update from U.s. Gold Corp.
[{"type":"text","content":"-Company on track to complete CK Gold Project Pre-Feasibility Study\n -Inclusion in the index could lead to greater institutional and ETF awareness and increased overall liquidity\n\n\nELKO, Nev., June 9, 2021 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) (the \"Company\"), a gold exploration and development company, today announced that it has been added to the Russell Microcap® Index as part of the 2020 Russell indexes annual reconstitution. U.S. Gold is set to join the 2021 Russell Microcap® Index effective after the U.S. market opens on June 28, 2021.\n\n \n \n \n \n \n \n\n \nMembership, which remains in place for one year, in the Russell Microcap® Index means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective market-capitalization rankings and style attributes.\n\"The inclusion recognizes the ongoing growth of the Company and several notable upcoming corporate milestones that include being on track to complete our pre-feasibility study for our CK Gold Project during the second half of 2021 and progress on our 2021 summer exploration programs for our exploration projects,\" said U.S. Gold Corp. Founder Edward Karr. \"Our inclusion in this year's FTSE Russell Microcap® Index is significant because it will help expand our value proposition. U.S. Gold Corp. is currently on track to complete the CK Gold Project Pre-Feasibility Study (PFS) in the early second half of 2021. U.S. Gold Corp. also reported that it has received confirmation from the Bureau of Land Management that it accepted additional bonding for a further 50 acres of disturbance under its effective Plan of Operations and as a result, is currently assessing plans for its potential 2021 summer exploration program at its 20-square-mile Keystone project, located in Nevada's Cortez Trend. Additionally, drilling continues at our Maggie Creek project, located directly east of Nevada Gold Mines' Gold Quarry mine and processing facilities.\"\nAbout U.S. Gold Corp.\nU.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 Mi...