U.s. Gold Corp. · NASDAQ:USAU
U.s. Gold — Investor Presentation (February 2018)
28 slides from U.s. Gold's investor presentation, Feb 12, 2018
Slide 1: Slide 1
Slide 2: Forward Looking Statements
Forward Looking Statements ‘TERMS OF USE AND DISCLAIMER - This presentation ic being provided for the cole puepose of providing the cecipients with backgrowd information about US. Gold Corp. ("US. Gold”). US. Gold Cosp. las made reasonable efforts to enmice that the infocmation contained ia this pre
Slide 3: U.S. Gold Corp. Overview
U.S. Gold Corp. Overview Combining robust economics with district-scale exploration, in mining friendly U.S. jurisdictions District-scale Exploratio Near Term Production Potential Keystone - NV North Central NV located property next to some of the biggest mines in North America District-scale opport
Slide 4: U.S. Gold Corp. Overview
U.S. Gold Corp. Overview Exceptionally tight share structure, well funded and listed on NASDAQ Share Structure (January, 2018) | Shares outstanding | 17,128,087 Listing | SDAQ - Series C Preferred: convertible into 237,860 | Symbi SAG - Series E Preferred: convertible into 41,175,000 Sines aN sos s4
Slide 5: U.S. Gold Corp. Overview
U.S. Gold Corp. Overview Strong leadership — renowned explorer with proven financier and company builder "HEWSON - VP, Head of Exploration Prolific geologist-explorer with >35 years of exploration experience in Nevada Former Head of Newmont’s (NYSE: NEM) Nevada Exploration team Notable discoveries i
Slide 6: Keystone Overview
Slide 7: Keystone Project Location
Keystone Project Location aaa Nevada — renowned gold mining jurisdiction a ar = Nevada is ranked the 4th most mining friendly jurisdiction in the world (Fraser Institute) = The 4" largest gold producing “country” in the world, produced ~5.5M oz of gold produced in 2016, > 80% of US. gold production!
Slide 8: Keystone Project Location
Keystone Project Location The Cortez Trend — prolific gold mining belt = The Cortez Trend is one of the world’s most productive trends -producing ~ 1M oz of gold per year = Production on the trend is dominated by Barrick Gold, the trend accounts for ~20% of Barrick’s annual gold production? The tren
Slide 9: Keystone View from Barrick’s Cortez Mine
Keystone View from Barrick’s Cortez Mine Mt. Tenabo Cortez Fault Scarp S< ‘> Corte»Hills/Pediment Deposits. Cortez Mine has proven teserves >11M oz of gold; expected to produce 1M oz in 2017 VIEW LOOKING SOUTH-SOUTHEAST 10 miles from Keystone to Cortez . Nasdaq: USAU | usgoldcorpgold 9
Slide 10: Keystone Project Overview
Keystone Project Overview ‘Targeting the next substantial gold district on the Cortez Trend = Consolidated an entire district on the Cortez Trend, NV - 20 square miles, 100% controlled by U.S. Gold Corp = Never previously consolidated nor systematically explored by model-driven, modern-day explorati
Slide 11: Cross-sectional schematic of Keystone
Cross-sectional schematic of Keystone Exploring a significant intrusive-centered, domed, gold district on the Cortez Trend Intrusives: the “mechanism(s)” that drove the system(: Lacustrine Margin Breccia Lower Plate T. Chapin 2017 SE Keystone Dome NW Figure: Schematic sketch of the voleanic complex
Slide 12: Keystone prior to U.S. Gold Corp.
Keystone prior to U.S. Gold Corp. U.S. GOLD Misunderstood, fragmented and underexplored Keystone District exhibits strong, widespread alteration characteristics Keystone geology and prospectivity were poorly understood and under-appreciated, ic. no Pipeline, Cortez Hills, Goldrush, etc. reference Pr
Slide 13: Keystone Exploration 2016 - 2017
Keystone Exploration 2016 - 2017 Systematic, district-wide exploration begins at Keystone = Consolidated the entire district for the first time in history = Initiated model-driven, modern day-exploration programs: digital data organization & map representation and mapping geology of the entire distr
Slide 14: Keystone 2017 Exploration Program
Keystone 2017 Exploration Program Vectoring towards a new discovery Multiple, Carlin-deposit-type target areas identified through geologic mapping, surface geochemistry, and detailed gravity work recently conducted at Keystone Eleven holes were drilled in 2017. One core hole and ten reverse circulat
Slide 15: Keystone 2017 Drilling Stratigraphy
Keystone 2017 Drilling Stratigraphy Strong similarities to sizeable deposits at the north of the Cortez Trend Figure 1-Stratigraphy of the Cortez area (after Creel and Bradley, 2013) Tertiary/Quaternary undifferentiated sediments and voleanie rocks Wenban Formation Units 5 -8: thinly laminated micri
Slide 16: Keystone Exploration 2018
Keystone Exploration 2018 Early stage, systematic exploration complete — primed for discovery in 2018 Release pending drill holes from 2017 exploration program Environmental Assessment (EA) and Plan of Operations (POO) will cover most of the project and allow widespread, and aggressive drill hole ac
Slide 17: Copper King Project Overview
Slide 18: Copper King Project Overview
Copper King Project Overview Delivering substantial value and targeting near-term production = Copper King is a development stage, gold and copper project located in the Silver Crown Mining District, Wyoming = The project offers potential near-term production as well as exploration upside = US. Gold
Slide 19: Copper King Project Claims & Location
Copper King Project Claims & Location Located in Southeast Wyoming, 20 miles west of Cheyenne Wyoming is ranked the 7th most mining friendly jurisdiction in the world (Fraser Institute) Claims consists of 2 state leases with a total area of 1,120 acres Project remains prospecti for further resource
Slide 20: Copper King PEA 2017
Copper King PEA 2017* On December 5, 2017, Mine Development Associates (MDA) prepared an updated technical report and Preliminary oo Assessment for U.S. Gold Corp. showing the below metrics: Measured 0.009 = 0.32 0.103 15,130,000 13,730,000 0.018 0.62 272,000 0.198 60,120,000 Indicated _— 0.30 — 44,
Slide 21: Copper King PEA 2017
Copper King PEA 2017* Substantial value, low CAPEX, open-pit deposit with clear path to production = PEA shows the robustness of the project, and the substantial value of the asset to our Company. = Copper King was advanced further through the 2017 drill programs - the deposit continues to grow = US
Slide 22: Copper King peer comparison
Copper King peer comparison Market Cap. (USS) Compelling value with considerable potential upside DEVELOPERS KOR: GOLD: 149M gig AUG: 79M 128M PGLC: ML: ATC: PRODUCERS oaM 63M 8M_53M 40M GPY: LGD: NUG: USAU: GEG: 238M i] SHARE PRICE TO NPV/SHARES Comparing Copper King value metrics to established de
Slide 23: Copper King Project Pathway
Copper King Project Pathway Advancing a near-surface, low CAPEX project in a mining friendly state US. GOLD <0" We US. Gold Corp. has assembled the team to continue expanding upon Copper King’s current gold and copper resource while advancing the project into production Catalysts along the path to p
Slide 24: Copper King 2017 Exploration Program
Copper King 2017 Exploration Program Drilling has encountered a newly discovered mineralized zone Four drill holes geophysical responses on the Copper King were completed to test property in 2017 The program targeted extensions, east and west, of the known main zone as well as new target areas (The
Slide 25: Copper King Project Development Plan
Copper King Project Development Plan Targeting resource expansion and near-term production Continued exploration and continued growth to the deposit Following the success of the 2017 exploration program, the 2018 program will target further resource expansion Upgrade the PEA to a Pre-Feasibility Stu
Slide 26: Directors, Management & Technical Advisory Team
Directors, Management & Technical Advisory Team CONSIDERABLE MINING, CAPITAL Edward M. Karr Chairman Timothy M. Janke Duccior MARKETS, M&A AND GOVERNANCE James Dale Davidson Diector EXPERIENCE. SERIAL ENTREPRENEURS Joha N. Braca Dae WITH SUCCESSFUL TRACK RECORDS Andrew Kaplan Director Management Tea
Slide 27: The U.S. Gold Corp. Opportunity
The U.S. Gold Corp. Opportunity Tight share structure, well financed, aggressively advancing two world-class assets = World-class portfolio, in stable and mining friendly US. jurisdictions. The portfolio offers investors both sizeable blue sky exploration and potential near-term production. = Team o
Slide 28: Contacts
PACKAGE z | PLaige month parenteat Exciting combination of a Top quality U.S. Gold Corp. is a US later stage development ‘management and based company, listed on for the current resource asset and exploration blue advisory team with a major US Exchange — and valuation upside sky potential pedigrees