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US Gold Corp USAU

U.S. Gold Corp. is a gold development and exploration company. The Company has a portfolio of exploration properties. The Company owns certain mining leases and other mineral rights comprising the CK Gold Project in Wyoming, the Keystone Project in Nevada and the Challis Gold Project in Idaho. The CK Gold Project deposit is a development stage, large-tonnage, gold-copper deposit with high-grade mineralization exposed at the surface surrounded by a large, low-grade zone with potential for expanding resources. The CK Gold Project property comprises about 1,120 acres and is 100% owned by the Company. The Challis Gold Project is located about 75 kilometers (kms) southwest (SW) of Salmon, ID and 20 kms SW of Revival Gold's Beartrack Project, within the Tertiary Challis Volcanic Field. The Keystone project is a Carlin-type gold deposit exploration project located on Nevada's Cortez Trend, one of the world's most prolific gold mining trends and home to some of North America's largest mines.


NDAQ:USAU - Post by User

Bullboard Posts
Post by CaptainMon Apr 26, 2019 9:56pm
102 Views
Post# 29677911

Webinar Interview with CEO and Q&A

Webinar Interview with CEO and Q&AA good and thorough interview with CEO Ed and founder Luke of USAU plus Q&A.  

https://attendee.gotowebinar.com/register/4899927788039141379

Some major takeaways from the interview:
- Company feels they are very close to making a major discovery.
- 2 companies expressed interest in their second property Copper King.
- Senior Geologist Tom C. at USAU who also worked 10 years for Barrick helping map Cortez Hills (~25 million Oz deposit) in Nevada is extremely excited about Keystone and feels Keystone has even better potential than Cortez Hills.
- Head Geologist Dave M. has never seen a better property for a prospective discover than Keystone in his last 40 years of his career in Nevada.
- Company has cash to resume drilling at Keystone/CopperKing, but will likely need to raise money some time later this year.


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