U.S. Gold Corp. is a proud Copper Boot sponsor
at the world's largest outdoor rodeo being held July 21-30, 2023 in celebration of Cheyenne's
authentic western heritage and community roots
CHEYENNE, Wyo.,
July 19,
2023 /PRNewswire/ -- U.S. Gold Corp. ("U.S.
Gold," the "Company," "we," "our" or "us") (Nasdaq: USAU) is
pleased to announce that we will be a proud Copper Boot
sponsor of the 127th Annual Cheyenne Frontier Days.
This 10-day event features
the world's largest outdoor rodeo and has been an
important tradition in the region since its founding in 1897. Its
activities celebrate the country's rich western heritage, drawing
top professionals competing for more than $1
million in prizes, and includes events such as a chuckwagon
cook-offs, nightly concerts and a western
art show that is among the most prestigious in the Rocky
Mountain region.
"U.S. Gold's Copper Boot
sponsorship of Cheyenne Frontier
Days speaks to our commitment to the
region, the local economy and small businesses within the
community. Our CK Gold Project, which aims to be in production in
late 2025/early 2026, continues to align with the mission of the
city of Cheyenne as we look to provide significant economic
activity for Cheyenne and Laramie County. We look
forward to celebrating the spirit of the West which is alive and
well here in the Rocky Mountains," said George Bee, Chief Executive Officer of U.S.
Gold.
The proposed CK Gold Project mine's production is estimated at
1.0 million ounces of gold and 248 million pounds of copper, which
the Company believes will aid federal and state plans to electrify
the automotive industry. Copper is an essential
element in renewable energy and electric
transmission. Gold has long demonstrated its value in preserving
wealth and defending against inflation and currency volatility.
About U.S. Gold Corp.
U.S. Gold Corp. is a publicly
traded, U.S. focused gold exploration and development company. U.S.
Gold Corp. has a portfolio of exploration properties. The CK Gold
Project is located in Southeast
Wyoming and has a Preliminary Feasibility Study technical
report, which was completed by Gustavson Associates, LLC. The
Keystone exploration property is on the Cortez Trend in
Nevada. The Challis Gold Project
is located in Idaho. For more
information about U.S. Gold Corp., please
https://www.usgoldcorp.gold/.
Cautionary Note Regarding Forward-Looking
Statements
Certain statements in this press release are
forward-looking within the meaning of the safe harbor provisions of
the U.S. Private Securities Litigation Reform Act of 1995. These
statements may be identified by the use of forward-looking words
such as "proposed," "aims," "forecast," "estimated," "believes,"
"continues" and "intend," among others. These forward-looking
statements include statements related to U.S. Golds Copper Boot
sponsorship of the 127th annual Cheyenne Frontier Days and
projected operational timeline and mine production at the CK Gold
Project. 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: market and other conditions; the
prevailing market conditions for metal prices and mining industry
cost inputs; environmental and regulatory risks; COVID-19 risks;
changes in interpretations of geological, geostatistical,
metallurgical, mining or processing information; risks faced by
junior companies generally engaged in exploration activities;
whether U.S. Gold will be able to raise sufficient capital to
develop the CK Gold Project and implement future drilling programs;
the success or failure of future drilling programs; 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. The Company has based these
forward-looking statements on its current expectations and
assumptions about future events. While management considers these
expectations and assumptions to be reasonable, they are inherently
subject to significant business, economic, competitive, regulatory,
and other risks, contingencies, and uncertainties, most of which
are difficult to predict and many of which are beyond the Company's
control. The Company undertakes no duty to correct or update any
information contained herein.
For further information
U.S. Gold Corp.
Investor Relations
+1 800 557 4550
ir@usgoldcorp.gold
www.usgoldcorp.gold
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SOURCE U.S. Gold