U.S. Gold Achieves Milestone with Surface Mine Permit for CK Gold Project
May 15, 2024 at 01:16 pm EDT
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U.S. Gold CEO George Bee Corp joined Steve Darling from Proactive to reveal a significant achievement for the company's CK Gold project as the Wyoming Department of Environmental Quality issued its surface gold mine permit. This milestone allows U.S. Gold to resume work on a prefeasibility study, marking a pivotal step forward in project development.
With the mine operating permit secured, U.S. Gold is advancing its feasibility study, with substantial progress already made in process plant design and equipment procurement. The company aims to update the prefeasibility study by the third quarter of 2024 and subsequently finalize the feasibility study, incorporating project upside opportunities.
Bee emphasized that the project is nearing completion of remaining conditions, including the approval of the reclamation bond, which is already submitted. Additionally, the Wyoming Pollutant Discharge Elimination System permitting process is in its final stages, and technical work for WDEQ Air Quality Division permits is under review. U.S. Gold anticipates receiving the necessary permits by mid-year, aligning with prior guidance and further advancing the CK Gold project toward production.
Contact Details
Proactive Canada
+1 604-688-8158
action@proactiveinvestors.com
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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.
U.S. GOLD CORP. 
