U.S. Gold Corp

Company Profile:
U.S. Gold Corp. is a publicly traded, U.S. focused gold and copper exploration and development company. U.S. Gold Corp. has a portfolio of exploration properties. The Company's CK Gold Project is located in Southeast Wyoming and has a Feasibility Study technical report, which was completed by Halyard-Micon International, Inc. The Company's Keystone exploration property is on the Cortez Trend in Nevada. The Company's Challis Gold Project is located in Idaho. For more information about U.S. Gold Corp., please visit https://www.usgoldcorp.com/.

Management Profile:
George Bee President & CEO George Bee is a senior mining industry executive, with deep mine development and operational experience. He has an extensive career advancing world-class gold mining projects in eight countries on three continents for both major and junior mining companies. Currently, he serves as the Company’s President, a position he has held since August 2020. He also currently serves as the Company’s Chief Executive Officer, a position he has held since November 2020. In 2018, Mr. Bee concluded a third term with Barrick Gold Corporation (now known as Barrick Mining Corporation) (“Barrick Gold”) (NYSE: B) as Senior VP Frontera District in Chile and Argentina working to advance Pascua Lama feasibility as an underground mine. This capped a 16-year tenure at Barrick Gold, where he served in multiple senior level positions, including Mine Manager at Goldstrike during early development and operations, Operations Manager at Pierina Mine taking Pierina from construction to operations, and General Manager of Veladero developing the project from advanced exploration through permitting, feasibility and into production. Previously, Mr. Bee held positions as CEO and Director of Jaguar Mining Inc. between March 2014 and December 2015, President and CEO of Andina Minerals Inc. from February 2009 until January 2013 and Chief Operating Officer for Aurelian Resources, Inc. from 2007 to 2009. As Chief Operating Officer of Aurelian Resources in 2007, he was in charge of project development for Fruta del Norte in Ecuador until Aurelian was acquired by Kinross Gold in 2008. Mr. Bee has served on the board of directors of Stillwater Mining Company, Sandspring Resources Ltd., Jaguar Mining, Peregrine Metals Ltd. and Minera IRL Limited. He received a Bachelor of Science degree from the Camborne School of Mines in Cornwall, United Kingdom. He also holds ICD.D designation from the Institute of Corporate Directors.

What are your key goals for the next 3 months?:
Advance and ideally finalize project financing — This remains the single most critical near-term objective.

What are your key goals for the next 6 months?:
Over the next 6 months (roughly August 2026–January/February 2027), U.S. Gold Corp.’s priorities are tightly focused on the CK Gold Project.Core near-term goalsSecure and finalize project financing — This is the single most important objective. Management is actively working to put in place a full funding package (debt, equity, offtake, vendor financing, or a combination) for the ~$394 million initial capital. Reach a formal construction decision — Still targeted for calendar 2026 once financing is locked in. Advance limited early works and detailed engineering — Access-road work has already started (and partially paused for sequencing/safety). Expect continued optimization studies, engineering refinements, and preparatory activities that can proceed with existing cash while the full financing package is completed.

What are your key goals for the next 12 months?:
U.S. Gold Corp.’s key goals for the next 12 months (roughly August 2026–July 2027) center on advancing the fully permitted CK Gold Project from study stage into active development, while continuing to unlock additional value.

What do you think makes your company such a compelling investment?:
U.S. Gold Corp. (NASDAQ: USAU) offers a rare combination of near-term production potential and exploration upside in secure U.S. jurisdictions. Its flagship CK Gold Project in Wyoming is fully permitted and shovel-ready, backed by a March 2026 Feasibility Study that delivers strong economics, attractive after-tax NPV and IRR, modest capital intensity, rapid payback, and an 11-year mine life producing gold, copper, and silver. Located on state land near excellent infrastructure, the project benefits from low permitting risk and additional upside from resource growth plus potential aggregate sales. Complementary district-scale exploration at Keystone (Nevada’s Cortez Trend) and Challis (Idaho) provides meaningful blue-sky potential, all under an experienced team with a tight share structure. This positions USAU as leveraged exposure to rising gold and copper prices with significantly lower geopolitical and development risk than most junior peers.