---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-015086"
form_type: "8-K"
ticker: "USAU"
cik: "0000027093"
company_name: "U.S. GOLD CORP."
filed_at: "2026-04-03T23:59:59+00:00"
generated_at: "2026-05-15T07:44:12.214812+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# US Gold Corp's CK Gold Project FS: NPV5% $632M, 27% IRR at base case

## Summary
- After-tax NPV5% $632M, IRR 27% at base case ($3,250/oz Au, $4.50/lb Cu); spot prices yield NPV5% $1.30B, IRR 45%.
- Initial capex $394M (incl. $47M contingency); sustaining $35M; payback 2.5 yrs base, 1.6 yrs spot.
- Fully permitted; $5M reclamation bond; 1.6M oz AuEq reserves; 11-yr mine life with strip ratio 0.89:1.
- Average AuEq production 102 koz/yr yrs 2-8; LOM avg 85 koz/yr at cash costs $1,748/oz AuEq.
- Project near Cheyenne, WY; no cultural impacts; 2.1% royalty for K-12 education.

## SEC filing metadata
- accession: 0001493152-26-015086
- form_type: 8-K
- ticker: USAU
- cik: 0000027093
- company_name: U.S. GOLD CORP.
- filed_at: 2026-04-03T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/27093/000149315226015086/0001493152-26-015086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/27093/000149315226015086/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-015086
- JSON: https://secwatch.observer/filing/0001493152-26-015086.json
- Plain text: https://secwatch.observer/filing/0001493152-26-015086.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.