Proactive - Interviews for investors

U.S. Gold Corp advances CK Gold toward feasibility as Keystone Project gains strategic focus

Episode Summary

U.S. Gold Corp. Chairman Luke Norman joined Steve Darling from Proactive to provide an update on the company’s two flagship assets, highlighting steady progress at the CK Gold Project in Wyoming and a renewed strategic focus on the Keystone Project in Nevada. Norman reported that U.S. Gold is moving “full steam ahead” into the final stage of its Definitive Feasibility Study (DFS) at CK Gold. Site preparation is now underway, supported by a newly signed agreement with Black Hills Energy to secure long-term power transmission for the project. In addition, road construction has begun, ensuring critical infrastructure will be in place as the project advances. With the DFS nearing completion, Norman confirmed that financing decisions are expected before year-end, setting the stage for CK Gold’s transition into development. Turning to Nevada, Norman emphasized the district-scale potential of the company’s Keystone Project, located just across from Barrick Gold’s world-class Cortez Complex—one of the richest gold-producing regions on the planet. He drew attention to recent exploration success in the area, noting Barrick’s high-profile Four Mile discovery, which has added significant value to its nearby operations. Keystone, Norman explained, shares geological similarities with Cortez, including a massive arsenic anomaly that he described as “the richest endowment of arsenic that many geologists in Nevada have ever seen.” Such anomalies are considered strong indicators of gold mineralization in Carlin-type systems, which have historically hosted some of Nevada’s largest and most profitable gold deposits. While historical drilling at Keystone has been relatively limited, U.S. Gold now controls a fully consolidated district-scale land package, positioning it to systematically explore a property with the right geological markers for a potentially transformative discovery. Norman acknowledged that advancing Keystone will require new capital, but underscored its potential as a long-term growth driver for the company. #proactiveinvestors #usgoldcorp #nasdaq #usau #mining #gold #copper USGoldCorp, #Mining #CKGoldProject #MiningInvestment #GoldMining #FeasibilityStudy #PowerInfrastructure #ProjectFinancing #MiningDevelopment #GoldStocks #WyomingMining