U.S. Gold Corp. is an exploration and development company specializing in precious metals, primarily focusing on the CK Gold Project in Wyoming, with additional properties in Nevada and Idaho, currently in the permitting and exploration stages without revenue generation.

# Company Overview Summary

## Company Name
- U.S. Gold Corp., formerly known as Dataram Corporation

## Incorporation & Rebranding
- Originally incorporated in New Jersey in 1967
- Re-incorporated in Nevada in 2016
- Changed name to U.S. Gold Corp. on June 26, 2017

## Business Focus
- **Primary Activities:** Gold, copper, and precious metals exploration and development
- **Core Operations:** Moving forward with the development of the CK Gold Project in Wyoming
- **Other Properties:** Keystone Project in Nevada and Challis Gold Project in Idaho (currently exploratory and not yet in production)

## Properties & Mineral Rights
- **CK Gold Project, Wyoming**
  - Contains proven and probable mineral reserves
  - Classed as a development-stage property
  - Location: Southeast Wyoming, ~20 miles west of Cheyenne
  - Mineral Rights: Owned via state leases; includes permits for mineral extraction
  - Land Area: Approximately 1,120 acres
  - Ownership: 100% of mineral rights; leased from Wyoming State
  - Permits: Mine operating permit, water discharge permit, air quality permit approved in 2024
  - Mineral Reserve (as of April 30, 2025):
    - Proven: 34,500 tons with 595,000 oz Au equivalent
    - Probable: 38,800 tons with 426,000 oz Au equivalent
- **Keystone Project, Nevada**
  - Consists of 601 unpatented lode mining claims (~20 sq miles)
  - Location: Eureka County, Nevada
  - Status: Exploration stage; no proven reserves
- **Challis Gold Project, Idaho**
  - 77 unpatented claims (~1,710 acres)
  - Location: Lemhi County, Idaho
  - Status: Exploration; plans to file an exploration plan

## Number of Employees
- As of April 30, 2025: **4 full-time employees**
- Uses consultants with specific skill sets

## Revenue & Income
- **Revenue:** $0 (no production, exploration stage)
- **Net Loss (2025):** Approximately **$20.56 million**
- **Net Loss (2024):** Approximately **$6.9 million**

## Financial Resources
- **Cash and cash equivalents (April 30, 2025):** Approximately **$8.17 million**
- **Working capital (April 30, 2025):** Approximately **$8.01 million**
- **Accumulated deficit:** About **$93.4 million**
- **Recent Financing:** Raised approximately **$10.2 million** via a registered direct offering in December 2024

## Key Activities in Fiscal Year 2025
- Finalized and satisfied conditions for the CK Gold Project’s mine operation and reclamation permits
- Released an updated prefeasibility study in February 2025
- Progressed engineering studies toward completing a full feasibility study
- Raised capital through equity offerings
- Managed exploration activities primarily at the CK Gold Project, including drilling and permitting
- Maintained a small team with additional external consultants for specialized tasks

## Summary
- U.S. Gold Corp. is an exploration and development company specializing in precious metals, focusing heavily on its CK Gold Project in Wyoming which contains proven reserves and is in the permitting/development phase. It currently has no revenue but is capitalized through equity financing and is actively advancing its core project with permits and studies. Its exploration properties in Nevada and Idaho are not yet in production stages. The company has a limited workforce, primarily relying on consultants, and has reported a significant net loss with no current revenue generation.

U.S. Gold Corp is a mining exploration company engaged in exploring and developing gold and mineral properties, particularly in North America.

# U.S. Gold Corp - Company Overview

## Company Description
U.S. Gold Corp is a mining exploration company focused on gold and mineral exploration and development in North America. The company’s primary objective is to acquire, advance, and develop precious metal mining properties with a particular emphasis on gold. U.S. Gold Corp is publicly traded on the NASDAQ Capital Market under the trading symbol **USAU**.

### Key Properties
The principal project of U.S. Gold Corp is the **CK Gold Project**, located in Wyoming, which is aimed at advancing through exploration and feasibility studies towards potential production. This project is significant as it holds both gold and copper resources.

## Business Model
- **Exploration and Development:** U.S. Gold Corp engages in the exploration and development of mining properties, pursuing opportunities through various stages of mine development, from exploration to feasibility and production.
- **Permitting and Environmental Considerations:** The company is focused on obtaining necessary permits for construction and operation while maintaining compliance with environmental regulations.
  
### Financial Details
As of the last filed report:
- **Number of Employees:** Approximately 10 or fewer (exact number not specified).
- **Revenue and Income:** U.S. Gold Corp does not currently report significant revenue, as it is primarily in the exploration stage of its operational life cycle. As such, they typically report losses related to exploration and development activities rather than net income.

## Customer Base
- The company does not have a traditional customer base, as it primarily engages in exploration and does not currently produce or sell mined materials.
  
### Market Presence
- The company's stock was valued at **$27,084,928** based on its closing price on Oct 31, 2023, which is indicative of investor interest and market capitalization, but the company remains largely in the evaluation phase of its projects.

## Management and Governance
U.S. Gold Corp is led by experienced professionals in the mining industry, including:
- **George Bee**, President and Chief Executive Officer (CEO), with extensive experience in advancing mining projects worldwide.
- **Eric Alexander**, Chief Financial Officer (CFO), with over 15 years in the mining sector.
- Additionally, the Board of Directors comprises professionals with diverse backgrounds in mining, finance, and law, contributing to effective corporate governance.

### Additional Notes
- All financial figures and project statuses are subject to the inherent risks associated with mining exploration, including fluctuations in commodity prices, regulatory activities, and exploration results.
- The company engages in proactive investor relations to enhance shareholder value and transparency.

This detailed overview encapsulates U.S. Gold Corp's current operations, focus areas, and corporate structure, reflecting an organization committed to advancing its mining projects responsibly while navigating the complexities inherent in the resource extraction industry.

U.S. GOLD CORP.

10-K / July 29, 2025

10-K / August 28, 2024

10-K / July 29, 2025

Company Overview Summary

Company Name

Incorporation & Rebranding

Business Focus

Properties & Mineral Rights

Number of Employees

Revenue & Income

Financial Resources

Key Activities in Fiscal Year 2025

Summary