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U.S. Gold Corp

#7992

Rank

$275.13M

Marketcap

US United States

Country

U.S. Gold Corp
Leadership team

Mr. George Michael Bee (Pres, CEO & Director)

Mr. Kevin Albert Francis M. Sc., M.Sc., P.Geo. (VP of Exploration & Technical Services)

Mr. Eric Alexander (CFO, Principal Financial & Accounting Officer and Corp. Sec.)

Products/ Services
Mining, Natural Resources, Precious Metals
Headquarters
Elko, Nevada, United States
Established
1967
Company Registration
SEC CIK number: 0000027093
Traded as
USAU
Social Media
Overview
Location
Summary
U.S. Gold Corp. engages in the exploration and development of gold and precious metals in the United States. It also explores for copper and silver deposits. The company holds 100% interests in the CK Gold project, which consists of various mining leases and other mineral rights covering approximately 1,120 acres in Laramie County, Wyoming; the Keystone project that consists of 650 unpatented lode mining claims covering approximately 20 square miles in Eureka County, Nevada; and the Challis Gold project, which consists of 87 unpatented lode mining claims covering approximately 1,710 acres in Lemhi County, Idaho. It also has earn-in agreement to acquire a 50% ownership interest in the Maggie Creek project that consists of 103 unpatented mining claims covering approximately 3 square miles in Eureka County, Nevada. The company is based in Elko, Nevada.
History

Goldcorp was officially incorporated in 1994. Following a period of M&A activity, the company quickly grew to become a leading gold producer. The company is focused on responsible mining practices with safe, low-cost production in areas of low political risk. Through the consistent application of its business strategy, Goldcorp has achieved significant growth, industry recognition, and numerous awards.

In 2000, Goldcorp founder Rob McEwen launched the Goldcorp Challenge, sharing with the public the company’s geological data with the offer of $575,000 in prizes to those who could help locate Red Lake mine’s next six million ounces of gold. The challenge was successful, with more than 110 sites identified and more than 80 per cent of sites yielding significant gold reserves. The challenge helped turn the company from a struggling enterprise into one of the most profitable in the industry.

In January 2017 Goldcorp announced it had divested two non-core assets through the sales of the Cerro Blanco Gold Project in Guatemala to Bluestone Resources as well as the Los Filos Mine in Mexico to Leagold Mining.In January 2017 Goldcorp reported preliminary full year 2016 production totaling 2.873 million ounces of gold at all-in sustaining costs of around $850 per ounce. The Company expects to increase total annual gold production by over 20% over the next five years to more than three million ounces annually.In February 2017 Goldcorp announced it had purchased New Gold's 4% gold stream on the El Morro deposit. The El Morro deposit is part of NuevaUnión, a 50/50 joint venture with Teck Resources that combines the Relincho and El Morro deposits.

Mission
Our mission is to develop advanced-stage gold and copper projects in a responsible manner for the benefit of all stakeholders.
Vision
Our vision is to be the premier mining company in the United States, creating sustainable value for our shareholders and stakeholders.
Key Team

Hon. Ryan K. Zinke (Independent Director & Consultant)

Mr. Ken Coleman (Chief Geologist)

Recognition and Awards
U.S. Gold Corp has won numerous awards and recognitions for its efforts in responsible mine development and sustainability, including the Colorado Mining Association's Environmental Award of Merit and the Environmental Research and Education Foundation's award for outstanding achievement in the category of Mine Wastewater Reuse.
References

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U.S. Gold Corp
Leadership team

Mr. George Michael Bee (Pres, CEO & Director)

Mr. Kevin Albert Francis M. Sc., M.Sc., P.Geo. (VP of Exploration & Technical Services)

Mr. Eric Alexander (CFO, Principal Financial & Accounting Officer and Corp. Sec.)

Products/ Services
Mining, Natural Resources, Precious Metals
Headquarters
Elko, Nevada, United States
Established
1967
Company Registration
SEC CIK number: 0000027093
Traded as
USAU
Social Media