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U.S. Gold Corp.'s Advanced Stage Gold and Copper Project, the CK Gold Project, Featured in Casper Star-Tribune
CHEYENNE, Wyo., April 8, 2022 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU), today announced that its advance
About this update from U.s. Gold Corp.
[{"type":"text","content":" CHEYENNE, Wyo., April 8, 2022 /PRNewswire/ -- U.S. Gold Corp. (\"U.S. Gold,\" the \"Company,\" \"we,\" \"our\" or \"us\") (NASDAQ: USAU), today announced that its advanced stage gold and copper project, the CK Gold Project, was featured in a recent article, \"Gold and copper mine could generate hundreds of jobs and millions in revenue, report suggests\", in the Casper Star-Tribune. As stated in the article, a new analysis conducted by University of Wyoming researchers cited that the CK Gold Project would bring an economic boost to the state of Wyoming, estimating that the mine would directly employ 324 long-term workers and generate $75 million in tax revenue during its expected 13-year lifetime, including construction and closure. The article further states that U.S. Gold Corp. is on track to and anticipates completing its feasibility study, securing the necessary permits, and building the mine to be fully operational by 2024. The Company also anticipates reclaiming the land between 2034 and 2035. Additionally, the article states that \"in total, the mine would generate roughly $39 million in tax revenue during construction, $34 million during operations and $2 million during reclamation\". \"The article provided us with great visibility and the near-term goals that we have in developing a new mine in Wyoming,\" said George Bee, President, Chief Executive Officer and Chairman of U.S. Gold Corp. \"This project would help to provide local jobs and help toward education funding.\" To read the article, please use this link: https://trib.com/business/energy/gold-and-copper-mine-could-generate-hundreds-of-jobs-and-millions-in-revenue-report-suggests/article_95a10484-23dd-5022-8e3f-54665acfa0cb.html 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. The CK Gold Project is located in Southeast Wyoming and has a Preliminary Feasibility Study (PFS) technical report, which was completed by Gustavson Associates, LLC. 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.u...