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US Gold News Release (November 19, 2007)

US Gold News Release

Denver, Colorado (November 19, 2007) - US GOLD CORPORATION (AMEX- TSX:UXG) today announced that Ann Carpenter has stepped down as President, Chief Operating Officer and Director of the Company.

About US Gold

US Gold Corporation is a United States based gold exploration company aggressively exploring in Nevada. The Company has a large land position, a strong treasury and anexperienced exploration team. US Gold's shares trade on the American and TorontoStock Exchanges under the symbol UXG.

For further information contact:

William F. Pass
Vice President and Chief Financial Officer

Tel: (303) 238-1438
Fax: (303 238-1724
bill@usgold.com
2201 Kipling Street, Suite 100
Lakewood, CO 80215

Ana E. Aguirre
Manager, Investor Relations

Tel: (647) 258-0395
Toll Free: (866) 441-0690
Fax: (647) 258-0408
info@usgold.com
99 George Street, 3rd Floor
Toronto, ON M5A 2N4

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