ELKO, Nevada, May 10, 2019 /PRNewswire/ -- U.S. Gold Corp.
(NASDAQ: USAU) today announced that it has issued a letter to its
shareholders outlining the Company's recent and expected
milestones, as it continues to advance its Copper King
and Keystone assets. As U.S. Gold Corp. lays the groundwork
for future success, highlights of the Company's recent initiatives
include:
Key Achievements:
- Regained full compliance with NASDAQ listing requirements, as
USAU share price has traded above the $1.00 mark for the required time period
- Recently appointed The Honorable Ryan K. Zinke to the Board of
Directors
- Competed district-wide geochemical surveys on the Keystone
project
- Engaged Datamine for a new Copper King exploration model
- Completed a Fall 2018 Keystone targeted drill program
- Sponsored and published an exhaustive academic study on
Keystone
- Received approval of the Keystone Environmental Assessment and
Plan of Operations
U.S. Gold Corp. Chairman, President and CEO Edward Karr stated, "We at U.S. Gold Corp. are
extremely optimistic about the Company's prospects. We know it has
been a challenging time for many investors in the junior
exploration sector, including our shareholders, but U.S. Gold Corp.
believes in gold as a long-term asset and investment. The potential
rewards of gold exploration can be substantial if a discovery is
found, and our entire highly experienced team is working diligently
to achieve exploration success."
To read the Letter to Shareholders in full, please visit:
www.usgoldcorp.gold/May2019Shareholderletter
About U.S. Gold Corp.
U.S. Gold Corp. is a publicly traded U.S.-focused gold
exploration company. U.S. Gold Corp. has a portfolio of exploration
properties. Copper King is located in Southeast Wyoming and has a Preliminary
Economic Assessment (PEA) technical report, which was completed by
Mine Development Associates. Keystone is an exploration
property on the Cortez Trend in Nevada. For more information about U.S.
Gold Corp., please visit www.usgoldcorp.gold.
Safe Harbor
Forward-looking statements in this press release and all other
statements that are not historical facts are made under the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. These statements involve factors, risks, and uncertainties
that may cause actual results in future periods to differ
materially from such statements. There are a number of factors that
could cause actual events to differ materially from those indicated
by such forward-looking statements. These factors include, but are
not limited to, risks arising from: changes in the price of gold
and mining industry cost inputs, environmental and regulatory
risks, risks faced by junior companies generally engaged in
exploration activities, and other factors described in the
Company's most recent Annual Report on Form 10-K, Quarterly Reports
on Form 10-Q, and Current Reports on Form 8-K filed with the
Securities and Exchange Commission, which can be reviewed
at www.sec.gov. We make no representation or warranty that the
information contained herein is complete and accurate, and we have
no duty to correct or update any information contained herein.
For additional information, please
contact:
U.S. Gold Corp. Investor Relations:
+1 800 557 4550
ir@usgoldcorp.gold
www.usgoldcorp.gold
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SOURCE U.S. Gold Corp.