TORONTO, ONTARIO -- (Marketwire) -- 01/13/11 -- US GOLD CORPORATION (NYSE: UXG)(TSX: UXG) is pleased to announce very encouraging drill results from several different areas at and surrounding the company's El Gallo project in Sinaloa state, Mexico (Fig. 1). Drilling has discovered a series of new veins 6 miles (10 km) north of the main resource
1.29 Grams Per Tonne Gold Over 94.5 Meters and 1.15 Grams Per Tonne Gold Over 38.1 Meters
TORONTO, ONTARIO -- (Marketwire) -- 01/11/11 -- US GOLD CORPORATION (NYSE: UXG)(TSX: UXG) is pleased to announce exciting drill results from its Limo Project in Nevada. Four reverse circulation holes have been drilled on the Cadillac target since the discovery of a new zone was announced on December 6th. The best new hole intersected 1.29 grams per tonne (gpt) gold over 94.5 meters (m) and ended in mineralization.
7.7 gpt Gold over 4.8 m, Including 22.2 gpt Gold over 1.1 m
TORONTO, ONTARIO -- (Marketwire) -- 12/08/10 -- US GOLD CORPORATION (NYSE: UXG)(TSX: UXG) is pleased to announce the discovery of three gold-bearing veins near the company's El Gallo Project in Sinaloa state, Mexico (Fig. 1). The three veins, which to date have been defined by a total of 17 core holes, are all located within hauling distance of El Gallo. These new veins will not be included in the upcoming Preliminary Economic Assessment.
Gold Bar Drilling Returns: 1.77 gpt Gold Over 38.1 m
TORONTO, ONTARIO -- (Marketwire) -- 12/06/10 -- US GOLD CORPORATION (NYSE Amex: UXG)(TSX: UXG) is pleased to announce that recent drilling in Nevada has returned encouraging assay results from its Limo and Gold Bar Projects. At Limo, two new mineralized areas have been discovered: 1) a high-grade silver/gold vein, and 2) a potential bulk tonnage target. The best results from these two areas returned: 852 gpt silver, 1.77 gpt gold over 6.4 meters and 1.48 gpt gold over 48.8 meters, respectively. Drilling at Gold Bar continued to focus on expanding the gold mineralization beyond the current resource, returning 1.77 gpt gold over 38.1 meters.
TORONTO, ONTARIO -- (Marketwire) -- 11/18/10 -- US GOLD CORPORATION (NYSE: UXG)(TSX: UXG) is pleased to announce details of an updated resource estimate for the El Gallo District (100% owned) in Sinaloa State, Mexico. The resource estimates were prepared by Pincock, Allen and Holt (PAH) of Denver, Colorado in accordance with Canadian National
El Gallo-Near Surface: 90.7 GPT Silver Over 23.8 Meters and 93.8 GPT Silver Over 19.9 Meters
Regional: 236.2 GPT Silver, 1.6 GPT Gold Over 18.6 Meters
TORONTO, ONTARIO -- (Marketwire) -- 10/27/10 -- US GOLD CORPORATION (NYSE Amex: UXG)(TSX: UXG) is pleased to announce results from 17 new core holes from El Gallo and the surrounding region, located in Mexico's Sinaloa State. Drilling at El Gallo focused on expanding the silver mineralization beyond the limits of the currently defined resource. Regional drilling tested a prospective area 6.5 miles (10.5 km) north of El Gallo, where the goal is to identify new mineralization that could conceptually be mined and shipped to a central process facility.
Significant Step Towards Qualifying for S&P 500 by 2015
TORONTO, ONTARIO -- (Marketwire) -- 10/26/10 -- US GOLD CORPORATION (NYSE Amex: UXG)(TSX: UXG) is pleased to announce that it will transfer its NYSE Amex listing to the New York Stock Exchange (NYSE). Trading under the Company's symbol 'UXG' is expected to begin at the opening of the NYSE on or about November 2, 2010. This transfer to the largest exchange in the world is expected to increase US Gold's market presence and trading liquidity.
TORONTO, ONTARIO -- (Marketwire) -- 09/27/10 -- US GOLD CORPORATION (NYSE Amex: UXG)(TSX: UXG) is pleased to announce results from 18 new core holes at the El Gallo Project in Sinaloa State, Mexico. These results expanded the mineralization to the South, continued to fill in a large gap between the Main and North Zone and successfully expanded key areas of lower grade. The best expansion holes returned 3.4 ounces of silver per ton (opt) over 165.5 feet (ft) ((116.5 grams per tonne (gpt) over 50.5 meters (m)) and 2.2 opt silver over 124.3 ft (77.1 gpt over 37.9 m).
TORONTO, ONTARIO -- (Marketwire) -- 09/13/10 -- US GOLD CORPORATION (NYSE Amex: UXG)(TSX: UXG) is pleased to announce positive drill results from its Gold Bar Project in Nevada, and an update from regional prospects in Mexico. The best holes in Nevada encountered 0.133 opt (4.56 gpt) gold over 90 ft (27.4 m), 0.033 opt (1.14 gpt) gold over 240 ft (73.2 m) and 0.058 opt (2.01 gpt) gold over 120 ft (36.6 m). These results are encouraging and exploration is ongoing to test for extensions of this mineralization.
TORONTO, ONTARIO -- (Marketwire) -- 08/16/10 -- US GOLD CORPORATION (NYSE Amex: UXG)(TSX: UXG) is pleased to announce assay results for 10 new drill holes at the El Gallo project in Sinaloa State, Mexico. Drilling focused on expanding the Main and North Zones. The three best holes from these respective areas returned 2.6 ounces of silver per ton (opt) over 206.7 feet (ft) ((88.2 grams per tonne (gpt) over 63.0 meters (m)), 3.5 opt silver over 93.2 ft (121.5 gpt over 28.4 m), and 17.4 opt silver over 34.4 ft (596.2 gpt over 10.5 m).
TORONTO, ONTARIO -- (Marketwire) -- 07/27/10 -- US GOLD CORPORATION (NYSE Amex: UXG) (TSX: UXG) is pleased to announce assay results for 15 new drill holes at the El Gallo project that were designed to increase the total number of ounces beyond the initial NI 43-101 resource estimate released on July 6th. The best drill hole, which encountered two
TORONTO, ONTARIO -- (Marketwire) -- 07/19/10 -- US GOLD CORPORATION (NYSE Amex: UXG)(TSX: UXG) is pleased to announce that options on the company started trading on July 9, 2010 on the Chicago Board of Options Exchange (CBOE) under the symbol UXG.