U S Gold Corp advances CK Gold with Powerline deal, key milestone toward Wyoming construction

Описание: U.S. Gold Corp. Chairman Luke Norman joined Steve Darling from Proactive to announce a major milestone for the company’s flagship CK Gold Project in Wyoming, as its subsidiary Gold King Corp. has executed a contract with Cheyenne Light, Fuel and Power. The agreement represents the first formal step toward construction of a dedicated powerline to serve the project and is central to advancing development of this wholly owned asset.

Norman explained that with this agreement in place, the company has now initiated pre-construction planning, engineering, and procurement activities that will support the build-out of infrastructure needed to deliver energy to the CK Gold site.

The project is expected to require 30 megawatts (MW) of power, which will be supplied directly from CLFP’s electric power system. Preparatory work now underway includes, development of general arrangement drawings for facility layout, securing land rights and conducting environmental and permitting reviews, and procurement of long-lead-time materials critical to the powerline construction.

According to Norman, establishing reliable energy infrastructure is a foundational step in the company’s path toward production, ensuring that the CK Gold Project will have the power capacity necessary for future operations. He emphasised that the partnership with CLFP underscores the project’s strong regional support and the company’s commitment to moving forward in a disciplined, staged manner.

The CK Gold Project, located near Cheyenne, Wyoming, is positioned to become a significant U.S. gold and copper producer, offering both economic benefits to the state and a reliable domestic supply of critical metals. This powerline agreement marks another tangible advance as the project transitions from exploration and planning toward development.

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