US Gold Corp USAU

Metals & Mining Industrial Metals & Minerals

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.

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US Gold Corp

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Post by knowellon Jul 05, 2019 2:11pm

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Post# 29890366

ICYMI "Renowned Geologist" Dave Mathewson is out at USAU

On Wednesday, after hours on a shortened trading day before the 4th of July holiday, USAU issues a Form 8-K where buried in the last paragraph they mention that they canned the guy who was supposed to be the one to find to big deposit on Keystone. What's up with that?

The Registrant elected not to renew the employment agreement between the Registrant and David Mathewson dated June 27, 2016 (the “Employment Agreement”). Mr.Mathewson served as the Registrant’s Vice-President and Head of Exploration. Mr. Mathewson’s employment and the Employment Agreement terminated at the end of theemployment term on June 27, 2019.

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