secwatch.observer — SEC 8-K summary
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Issuer:     U.S. GOLD CORP. (USAU)
CIK:        0000027093
Form:       8-K
Filed at:   2026-04-03T23:59:59+00:00
Accession:  0001493152-26-015086
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27093/000149315226015086/0001493152-26-015086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/27093/000149315226015086/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-015086

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