U.S. Gold Corp. Receives Keystone Environmental Assessment / Plan of Operations Approval
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S. Gold Corp.is pleased to report the September 7, 2018 BLM (Bureau of Land Management) approval of the Keystone Project Plan of Operations / Reclamation permit for up to 200 acres of surface disturbance.
Drill targets that have been identified almost entirely by surface work consisting of geology, geochemistry and geophysics with a limited number of early stage scout drill holes can now be completely accessed and assessed by drilling.
U.S. Gold Corp. (NASDAQ: USAU - http://www.commodity-tv.net/c/search_adv/?v=298164), a gold exploration and development company, reported today that its Plan of Operation (POO) for its 100%-owned Keystone Project on Nevada?s Cortez Gold Trend (Battle Mtn-Eureka Trend) has been approved by the U.S. Federal Government?s Department of Interior, Bureau of Land Management (BLM).Keystone_Decision. With this approval, U.S. Gold Corp. can now access and drill almost all localities of BLM managed public lands within the 20 square mile Keystone Project area.
To date, drilling at Keystone has been limited to existing access and very limited amounts of new disturbance under five Notices of Intent (NOI?s) each with a maximum of five acres within the entire Keystone project area of about 20 square miles, or almost 13,000 acres.
The now approved POO covers approximately 11,000 acres in portions, or all of 23 sections in Townships 23N & 24N, Ranges 48E & 49E, and can be reviewed on U.S. Gold Corp.?s website at the following link: https://www.usgoldcorp.gold/keystone-sept-ea-poo-boundary-map.jpg.
Dave Mathewson, U.S. Gold Corp.?s Vice President of Exploration, states: ?We are very pleased to have the Keystone Plan of Operation approved.our reach with a drill.
About U.S. Gold Corp.
U.S. Gold Corp. is a publicly traded U.S.-focused gold exploration and development company. U.S. Gold Corp. has a portfolio of development and exploration properties. Copper King is located in Southeast Wyoming and has a Preliminary Economic Assessment (PEA) technical report, which was completed by Mine Development Associates.www.usgoldcorp.gold.
Forward-looking and cautionary statements
Forward-looking statements in this press release and all other statements that are not historical facts are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, risks arising from: changes in the price of gold and mining industry cost inputs, environmental and regulatory risks,www.sec.gov. We make no representation or warranty that the information contained herein is complete and accurate, and we have no duty to correct or update any information contained herein.
INVESTOR CONTACT:
U.S. Gold Corp. Investor Relations:
+1-800-557-4550
ir(at)usgoldcorp.gold
www.usgoldcorp.gold
In Europe:
Swiss Resource Capital AG
Jochen Staiger
info(at)resource-capital.ch
www.resource-capital.ch
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Datum: 18.09.2018 - 02:21 Uhr
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News-ID 1541256
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