US Gold Corp (NASDAQ:USAU) has issued a CEO update outlining the company’s recent and expected milestones, as it continues to advance its assets and projects in 2024.
The gold exploration and development company said its focus for now in 2024 is the CK Gold Project in Wyoming, with an anticipated permit approval and a finalized feasibility study expected in the first half of 2024.
US Gold also noted the CK Project should be shovel ready by the second half of 2024, pending the board of directors' approval, with robust economics indicated on copper and gold sales.
The company added that it is well positioned to benefit from a bullish outlook for copper and gold and has $4.0 million in its treasury as per the recent quarterly statement.
As well, US Gold stated that it will pursue discovery at its Keystone exploration property in Nevada in addition to its Challis Gold Project in Idaho as market conditions permit.
US Gold is a publicly traded, US-focused gold exploration and development company with a portfolio of exploration properties, including the CK Gold Project in southeast Wyoming.