StockWatch
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Metal Mining
Project UpdateJul 29, 2026, 04:13 PM

U.S. Gold CK Gold Project Reserves 1.6M AuEq oz; Feasibility Study Complete

AI Summary

U.S. Gold Corp. announced the completion of a feasibility study for its CK Gold Project in Wyoming, reporting updated mineral reserves and resources as of March 30, 2026. The project now holds 1.598 million gold equivalent ounces in proven and probable reserves. While key operating permits were secured by November 2024, the Industrial Siting Permit was extended to June 2027 due to a pause in construction pending full project financing.

Key Highlights

  • CK Gold Project Proven + Probable Reserves: 1.598M AuEq oz (74.5M tons).
  • Feasibility Study for CK Gold Project completed, announced March 31, 2026.
  • Mine Operating Permit and all key conditions met by November 2024.
  • Industrial Siting Permit extended to June 2027 due to construction pause for financing.
  • CK Gold Project Measured + Indicated Resources: 590K AuEq oz (44.64M tons).
  • Company holds 100% interest in CK Gold, Keystone, and Challis projects.
  • Retains potential 0.5% NSR royalty on Maggie Creek project.