News: 2008

MEXICO EXPLORATION UPDATE MAGISTRAL CONTINUES TO DELIVER GOOD RESULTS EXPANDING MINERAL ZONE:... July 7, 2008 - Denver, Colorado- US GOLD CORPORATION announces that recent drilling at the Magistral Mine, located in Sinaloa State, Mexico continues to encounter encouraging gold mineralization. Drilling designed to expand the mineralization around the Samaniego Pit returned 0.199 ounces per ton (opt) gold over 49.2 feet (ft.) [6.81 gpt (grams per tonne) gold over 15.0 meters], including 0.580 opt gold over 9.8 ft. [19.90 gpt gold over 3.0 meters]. Also, drilling at the new Dos Amigos vein returning 0.397 opt gold over 19.7 ft. [13.63 gpt gold over 6.0 meters]. Mineralization in both holes started at surface. View full details | Download PDF

Complete Palmarito Results & Plan Map June 24, 2008 - Complete Palmarito Results & Plan Map. View full details | Download PDF

Palmarito project near Magistral Mine returns. 4.07 opt silver over 80 ft.; including 6.38 opt... June 24, 2008 - Denver, Colorado - US GOLD CORPORATION announces a positive conclusion to phase one drilling at the Palmarito Project.Drilling intersected 4.07 ounces per ton (opt) silver over 80 ft. (139.67 grams per tonne (gpt)silver over 24.4 meters), including 6.38 opt silver over 30 ft. (218.67 gpt silver over 9.1meters). View full details | Download PDF

News Release June 3, 2008 - Denver, Colorado - US GOLD CORPORATION wishes to notify investors that its May 20th, 2008 news release describing the Company’s updated audited resource estimate for the Tonkin property has been clarified below in accordance with Canadian National Instrument 43-101 and separately describes each of the categories of mineralization. US Gold’s previous news release had grouped certain mineral categories. No material changes have been made to the resource estimate. View full details | Download PDF

TONKIN RESOURCE ESTIMATE INCREASES TO 1.76 MILLION OZ GOLD SIGNIFICANT POTENTIAL FOR FUTURE... May 20, 2008 - US GOLD CORPORATION is pleased to announce details of the updated resource estimate for its Tonkin property, audited by the independent firm Ore Reserve Engineering of Denver, Colorado in accordance with Canadian National Instrument 43-101 standards. View full details | Download PDF

US GOLD PROVIDES MEXICO & NEVADA EXPLORATION UPDATE May 8, 2008 - US GOLD CORPORATION is pleased to announce continuing exploration success from the Magistral Mine in Sinaloa State, Mexico. View full details | Download PDF

US Gold Appoints Perry Ing as Chief Financial Officer March 31, 2008 - US Gold Corporation is pleased to announce the appointment of Perry Y. Ing (CA, CPA, CFA) as the Company's Chief Financial Officer effective March 31, 2008. View full details

Mexico exploration update results from three exploration targets 0.093 opt gold over 101 ft;... March 25, 2008 - Denver, Colorado - US GOLD CORPORATION is pleased to announce results from its Magistral Mine and surrounding regional projects in Sinaloa State, Mexico. Exploration from the Magistral Mine intersected 0.093 opt (ounces per ton) gold over 101 ft. (3.17 gpt (grams per tonne) gold over 30.8 meters). Projects outside the mine area continue to deliver interesting results. Highlights from the Shakira Project include 0.204 opt gold, 30.08 opt silver, 1.5% lead and 0.2% zinc over 9.8 ft. (7 gpt gold, 1030 gpt silver, 1.5% lead and 0.2% zinc over 3 meters). Drill results from the Palmarito Silver Project returned 9.33 opt silver over 44.9 ft. (319.6 gpt silver over 13.7 meters). View full details | Download PDF

Mexico Delivering Positive Results. Magistral Mine Exploration-0.541 opt gold over 40 ft. within... February 21, 2008 - Denver, Colorado - US GOLD CORPORATION is pleased to announce results from several projects within Sinaloa State,Mexico. Drilling at the Magistral Mine has intersected significant gold mineralization. The first drill result from the La Prieta vein returned 0.541 opt (ounces per ton) gold over 40 feet (ft.) (18.53 gpt (grams per tonne) gold over 12.2 meters) within a longer interval of 0.144 opt gold over 165 ft. (4.93 gpt gold over 50.3 meters). Exploration at the Shakira Project continues to deliver encouraging drill results; 0.036 opt gold, 1.74 opt silver over 147.6 ft. (1.24 gpt gold, 59.6 gpt silver over 45.0 meters), including 0.454 opt gold, 20.99 opt silver over 9.8 ft. (15.55 gpt gold, 719 gpt silver over 3 meters). View full details | Download PDF

Mexico regional exploration update. Early results 0.033 opt gold, 1.787 opt silver over 118.1 ft.... January 22, 2008 - Denver, Colorado (January 22, 2008) - US GOLD CORPORATION is pleased to announce exploration results that mark a positive start to our regional program in Sinaloa State, Mexico. Multiple projects outside of the Magistral Mine areahave encountered higher grade sections within larger zones of mineralization. Highlights fromthe Shakira Project include 0.033 ounces per ton (opt) gold, 1.787 opt silver over 118.1 feet (ft.) (1.14 gpt (grams per tonne) gold, 61.2 gpt silver over 36 meters) including 0.224 opt gold, 14.69 opt silver over 9.8 ft. (7.66 gpt gold, 503 gpt silver over 3 meters). Gold and silver mineralization was encountered throughout the entire hole and stopped while still in mineralization. View full details | Download PDF

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