U.S. Gold Corp. (USAU) Investor presentation summary

Strategic positioning and asset portfolio

• Holds a world-class portfolio in stable, mining-friendly U.S. jurisdictions, offering near-term gold-copper production and significant exploration upside.

• CK Gold Project in Wyoming is advancing toward construction with all major permits approved and a compelling feasibility study.

• Keystone Project in Nevada offers district-scale exploration potential on the prolific Cortez Trend.

• Challis Gold Project in Idaho provides additional gold exploration potential in a historic mining district.

• Minimal share count (~16.5M), NASDAQ listing, and large insider holdings support strong capital structure.

CK Gold Project highlights

• March 2026 feasibility study shows after-tax NPV (5%) of $632M, 11-year mine life, and 85,000 AuEq oz/year at $1,785 AISC/oz.

• Proven and probable reserves: 1.02M oz gold, 260M lbs copper, 3M oz silver; open at depth and along strike.

• Simple truck-shovel mining, short haul distances, and proximity to infrastructure reduce costs and risks.

• Project engineered for low water consumption, with potential post-mining water storage and aggregate sales.

• All major permits secured, including mine operating, water discharge, reclamation bond, and air quality.

Financial and operational overview

• Closed $31.2M private placement (Dec 2025) and $10.2M registered direct offering, supporting project advancement.

• Market capitalization of $258.1M as of August 2026; 16.5M shares outstanding.

• Average daily trading volume of 242,600 shares; 52-week stock range $10.32–$23.75.

• Feasibility study incorporates higher gold, copper, and silver prices, and advanced flotation technology.

• Aggregate and rail ballast sales present significant upside to project NPV and state royalties.