For Immediate ReleaseDenver,
Colorado & Toronto, Ontario (November 3, 2006) - U.S. Gold (OTC BB:
USGL; TSX: UXG) & Lexam Explorations Inc. (TSX-V: LEX) are pleased
to announce that Rob McEwen, Chairman and CEO, and his wife Cheryl
McEwen have been honoured by Tiffany & Co. with the 2006 Tiffany
Mark Award. The Tiffany Mark Award honours men and women who are making
their "mark" professionally and in their community through tireless
efforts on behalf of charities and organizations they care about deeply.
"The
Tiffany Mark Award is about professional achievement and hands-on
support of a charitable organization," stated Andrea Hopson,
Vice-President, Tiffany & Co. Canada. "As we all know, finding the
time to give to community organizations and charities can be a
tremendous challenge when you are committed to your career. We are
proud to present the 2006 Award to Rob and Cheryl McEwen."
The
2006 Tiffany Mark Award will be presented on November 6th. In 2005 the
Tiffany Mark Award was presented to Onex Corporation Managing Director
Nigel Wright, with the first Tiffany Mark Award being presented to
Wayne Gretzky in 2002.
“On behalf of Cheryl and myself, I would
like to express our sincere thanks to Tiffany & Co. for this
tremendous honour. In 2003, we established the McEwen Centre for
Regenerative Medicine, part of the University Health Network, Canada’s
largest medical research hospital complex. Regenerative medicine is a
very exciting area that holds the promise to revolutionize healthcare.
This emerging field of medicine aims to use the power of stem cells to
repair, replace and regenerate damaged or injured tissues or organs,
offering great promise for the treatment of a broad spectrum of
diseases for which there are limited or no treatments.
The
mission of the McEwen Centre for Regenerative Medicine is to be a
catalyst for research by facilitating collaboration and promoting
research and awareness in the field of regerative medicine. The
Centre’s goal is to accelerate the development of better, more
effective treatments for life-threatening conditions such as heart
disease, diabetes, respiratory disease and spinal cord injury.
The
official opening of the McEwen Centre was held on Wednesday October 25,
2006. It began with a symposium where 10 internationally renowned
scientists spoke on a broad range of topics such as “Getting to the
Root of Cancer”, the “Regenerative Capacity of the Heart”, the “Repair
and Regeneration of the Injured Cord” and the use of regenerative
techniques to improve lung function. The keynote address was given by
Dr. George Daley, a leading Havard Medical School stem cell researcher.
A highlight of the day was the introduction of newly appointed
Director, Dr. Gordon Keller who is a pioneer in embryonic stem cell
research. Dr. Keller was identified as one of the top six medical minds
that New York didn’t want to lose in the January 3, 2006 issue of New
York magazine. Dr. Keller explained that stem cells, immature cells
which do not yet have a specialized function, have the unusual ability
to form cells of any tissue in the body and that “the capacity of stem
cells to give rise to many different cell types opens the door for
developing new approaches for the treatment of many diseases.”
To
celebrate the opening, the McEwen Centre’s special guest was Sir Bob
Geldof. After conversations with the leading scientists and a tour of
the facility he said “Everyone of us can make a difference in somebody
else’s life”. He went on to say “It’s exciting to hear how these
scientists and clinicians are pushing the envelope to develop new
treatments that may, one day, tackle some of the world’s debilitating
diseases. Their vision is global and inspiring.”
Sir Bob
Geldof”s humanitarian work has earned him many prestigious awards,
including 6 nominations for the Nobel Peace Prize, knighted by her
majesty Queen Elizabeth II, Rose d”Or Charity Award and the Holocaust
Museum Houston’s Lydon Baines Johnson Moral Courage Award.
Rob
McEwen said these words: “Sir Bob Geldof is a global visionary who has
demonstrated how the power of one individual can lead to major change”.
“Cheryl
and I believe the McEwen Centre for Regenerative Medicine, with its
incredibly talented team of scientists and research staff, is well
positioned to make a significant contribution to healthcare. We have
been blessed to be able to contribute and today feel most honoured by
Tiffany’s & Co.” said Rob McEwen.
About U.S. Gold U.S. Gold is a United States based gold exploration Company aggressively exploring
Nevada’s Cortez Gold Trend.
U.S. Gold’s Tonkin Springs project is 36 square miles and centered in
the middle of the Cortez Trend. Shares of the Company are traded on the
OTC BB and
TSX under the symbol
USGL and
UXG respectively.
About Lexam Lexam is a Canadian based oil and gas exploration company. Lexam's shares are listed on the
TSX-Venture under the symbol
LEX. The company is advancing the
Baca Grant oil & gas project located in the San Luis Valley in south-central
Colorado, which is 75% owned by Lexam and 25% by ConocoPhillips.
For further information contact:William F. Pass
Vice President and Chief Financial Officer
U.S. Gold Corporation
Tel: (303) 238-1438
Fax: (303) 238-1724
bill@usgold.com2201 Kipling Street, Suite 100
Lakewood, Colorado 80215
Ian Ball
VP, Corporate Development
Lexam Explorations Inc.
Toll Free: (866) 441-0690
Fax: (647) 258-0408
info@usgold.com99 George Street, 3rd Floor
Toronto, Ontario M5A 2N4