USAU

U.S. Gold Corp. is an exploration and development company. The Company owns certain mining leases and other mineral rights comprising the CK Gold Project in Wyoming, the Keystone Project in Nevada and the Challis Gold Project in Idaho. The CK Gold Project is in development stage, proposed open-pit mine producing a copper concentrate containing gold, copper and silver from porphyry-style mineralization. The CK Gold Project is located in southeastern Wyoming, approximately 20 miles west of the city of Cheyenne. The Keystone Project consists of approximately 601 unpatented lode mining claims situated in Eureka County, Nevada. The Challis Gold Project owns 100% ownership and approximately 77 unpatented lode mining claims in Lemhi County, Idaho, covering approximately 1,710 acres. The Challis Gold property is situated in the Salmon River Mountains, approximately 40 Kilometers (km) southwest of the town of Salmon, Idaho, and 69 km north of the smaller town of Challis.