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US Gold ( (USAU) ) has shared an update.
On February 11, 2025, U.S. Gold Corp. announced the results of an updated pre-feasibility study for its CK Gold Project, highlighting increased reserves and resources. The study shows strong economic indicators, with a base case NPV of $459 million pre-tax and an IRR of 36%, underpinned by an average annual production of 111,250 gold equivalent ounces over a 10-year mine life. The company plans to advance to a feasibility study by the end of 2025, aiming for construction commencement as soon as late 2025 or 2026. The project’s compelling economics and strategic planning suggest a potential shift towards development and eventual production, while maintaining shareholder value.
More about US Gold
U.S. Gold Corp. operates in the mining industry, focusing on gold and other precious metal exploration and development, with a notable project being the CK Gold Project in Wyoming, U.S.A.
YTD Price Performance: 44.41%
Average Trading Volume: 183,874
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $109.3M
For detailed information about USAU stock, go to TipRanks’ Stock Analysis page.