U.S. Gold reports updated PFS for CK Gold Project: $459M NPV, 36% IRR pre-tax

U.S. GOLD CORP.

Base case pre-tax NPV $459M (5% discount) and IRR 36.0%; NPV improved 42% over prior PFS.
Average AuEq production 111,250 oz/yr over 10.2-year mine life; first 3 yrs avg 143,278 oz/yr.
Initial capex $277M; all-in sustaining cost $937 per AuEq oz (life-of-mine average).
Mineral reserves up 16% to 1.672M AuEq oz; includes 1.022M oz gold, 259.7M lbs copper, 3.008M oz silver.
Company plans to complete feasibility study by end of 2025, leveraging completed permitting.

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