US Gold Corp CEO on final feasibility work for CK Gold Project and strong market momentum

Описание: US Gold Corp (NASDAQ:USAU) CEO George Bee talked with Proactive's Stephen Gunnion about the latest developments surrounding the CK Gold Project in southeast Wyoming. The company recently received the final component of its mine operating permit in November, marking a pivotal step forward. Bee explained that US Gold Corp is finalizing optimization work and evaluating flotation technology options, which will feed into a forthcoming feasibility study.

This study will build on the previously released pre-feasibility study (PFS), which was based on a gold price of $2,100 per ounce and copper at $4.10 per pound. Bee noted, “The numbers look stellar,” particularly as current gold prices have exceeded $3,000. This price movement, coupled with economic uncertainty and infrastructure developments, supports a favorable outlook for both gold and copper.

He also acknowledged that while initial capital costs may rise due to tariffs, the project remains robust even under less favorable scenarios. Bee highlighted the positive market response following the lifting of permitting uncertainty and transparency around the project’s economics.

After a successful annual shareholder meeting and a notable increase in both share price and market cap, Bee expressed optimism about the project's long-term potential.

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