News: 2009

Gold Bar Drilling Returns 0.06 opt Gold over 75ft. +340,000 ft of Drilling Planned for Mexico &... December 21, 2009 - TORONTO, ONTARIO - US GOLD CORPORATION (NYSE Amex:UXG)(TSX:UXG) is pleased to announce good exploration results from Nevada. The best results continue to come from West Pick, including 0.06 opt (2.05 gpt) gold over 75 ft (22.9 m) and 0.027 opt (0.94 gpt) gold over 180 ft (54.9 m). View full details | Download PDF

Nevada Delivers Good Drill Results. 0.065 opt gold over 120 ft inc. 0.121 opt gold over 35 ft October 14, 2009 - TORONTO, ONTARIO- US GOLD CORPORATION (NYSE Amex:UXG)(TSX:UXG) is pleased to announce that drilling at its Gold Bar Project in Nevada's prolific Cortez Trend continues to expand the known mineralization, encountering good grades and widths. Nine out of ten holes designed to follow-up on results released on September 9th hit economically significant mineralization. The objective of the drilling was to increase the size of the NI 43-101 compliant resource in three areas: 1) West Pick, 2) East Pick, and 3) North Ridge as illustrated in Figure 1. (See Table 1 for complete assay results. The true widths of the intercepts are unknown.) View full details | Download PDF

US Gold Added to the S&P/TSX Global Gold Index & S&P/TSX Global Mining Index September 15, 2009 - TORONTO, ONTARIO- US GOLD CORPORATION (NYSE Amex:UXG) (TSX:UXG) is pleased to announce that its common shares have been added to the S&P/TSX Global Gold Index and S&P/TSX Global Mining Index. The S&P/TSX Global Indexes are designed to be dynamic international benchmarks tracking the world's leading mining companies and aims to offer investors broad exposure to the world's gold markets. View full details | Download PDF

US Gold Nevada Cortez Trend Drilling Intersects New Zone September 9, 2009 - TORONTO, ONTARIO--(Marketwire - Sept. 9, 2009) - US GOLD CORPORATION (NYSE Amex:UXG)(TSX:UXG) announces that drilling at the Gold Bar Project in Nevada's Cortez Trend has intersected a new mineralized zone and returned one of the best holes ever drilled at the property: 0.085 ounces per ton (opt) gold over 150 feet (ft) (2.9 grams per tonne (gpt) gold over 45.7 meters (m)), including 0.251 opt gold over 25 ft (8.6 gpt gold over 7.6 m) and including 0.125 opt gold over 35 ft (4.27 gpt gold over 10.7 m). View full details | Download PDF

El Gallo Initial Metallurgical Results August 26, 2009 - TORONTO, ONTARIO (August 26, 2009) US GOLD CORPORATION (NYSE Amex: UXG) (TSX: UXG) is pleased to announce that preliminary metallurgical testing on El Gallo silver mineralization has returned excellent recoveries, averaging more than 90%. Silver recoveries from lower grade samples averaged 96%. View full details | Download PDF

Impressive Results Continue at El Gallo in Three Areas. August 5, 2009 - TORONTO, ONTARIO - US GOLD CORPORATION (NYSE Amex:UXG) (TSX:UXG) is pleased to announce results from ten additional core holes (Table 1 & Figure 1) at its El Gallo project in Sinaloa State, Mexico. View full details | Download PDF

US Gold Boosts Resources with Limo Project Estimate (Nevada, USA) July 15, 2009 - TORONTO, ONTARIO - US GOLD CORPORATION (NYSE Amex:UXG)(TSX:UXG) announces details of an initial resource estimate for its Limousine Butte Project ("Limo") (100% owned) in Nevada, USA. The resource estimate was prepared by Telesto Nevada Inc. of Reno, Nevada in accordance with Canadian National Instrument 43-101 standards. View full details | Download PDF

US Gold's El Gallo Project Continues to Expand 7.9 opt Silver Over 179 Feet Including 23.3 opt... July 7, 2009 - TORONTO, ONTARIO- US GOLD CORPORATION (NYSE Amex:UXG)(TSX:UXG) is pleased to announce results from six additional core holes (Table 1 & Figure 1) at the El Gallo project in Sinaloa State, Mexico. This core drilling has expanded the mineralization in two principal directions: 245 feet (ft) (75 meters (m)) to the northwest and 85 ft (25 m) to the southeast. The mineralization remains completely open and has grown to 1600 ft (485 meters) along strike. The most significant hole returned: 7.9 ounces of silver per ton (opt) (269.2 grams per tonne (gpt)) over 178.8 ft (54.5 m) including 23.3 opt Silver (800.1 gpt) over 30.2 ft (9.2 m). View full details | Download PDF

US Gold Exploration News Release: El Gallo Drilling Continues to Return Exceptional Results! June 11, 2009 - TORONTO, ONTARIO - US GOLD CORPORATION (TSX:UXG) (NYSE Amex:UXG) is pleased to announce that new core drilling from the El Gallo project in Sinaloa State, Mexico continues to deliver exceptional results. Since drilling began in November this discovery has grown dramatically and covers an area totaling 1,475 ft (450 m) long x 1,300 ft (400 m) wide and to a depth of 380 ft (115 m). The results to date suggest there is good potential for further growth. Nine new core holes were drilled since our last news release. All of the holes were designed to test for extensions of the mineralization: Four on the west end, two on the east end, one on a possible cross cutting feature and two testing for depth in the middle of the zone. Full results are listed in Appendix 1. View full details | Download PDF

Rob McEwen Invites Investors to US Gold's AGM in Toronto on June 11, 2009. 1 King West Hotel,... June 9, 2009 - Rob McEwen, Chairman and CEO of US Gold, invites you to attend the Company's 2009 Annual Meeting! Rob will be providing shareholders and interested individuals an update on US Gold's activities and his outlook for gold. View full details | Download PDF

US Gold Announces the Closing of Over-Allotment of Common Stock May 26, 2009 - TORONTO, ONTARIO-- US GOLD CORPORATION (TSX:UXG)(NYSE Amex:UXG) (the "Company" or "US Gold"), a U.S. and Mexico focused gold and silver exploration company, announced today the closing of the sale of 3.15 million shares of common stock, pursuant to the underwriters' over-allotment option to purchase 3.3 million shares of common stock, which the Company granted in connection with its recently-closed public offering of common stock. Consistent with the recently-closed public offering, the 3.15 million shares were sold to the underwriters at the public offering price of US$2.00 per share (before the underwriters' commissions and expenses). The recently-closed public offering of 22.0 million shares of common stock closed on May 19, 2009 and was made pursuant to the Company's shelf registration statement filed with the U.S. Securities and Exchange Commission (the "SEC") and a shelf prospectus filed with certain Canadian securities regulatory authorities. With the sale of the additional 3.15 million shares to the underwriters, 25.15 million shares in total have been sold in connection with the offering. View full details | Download PDF

US Gold Announces the Closing of Its Public Offering of Common Stock May 19, 2009 - TORONTO, ONTARIO-- US GOLD CORPORATION (TSX:UXG)(NYSE Amex:UXG) (the "Company" or "US Gold"), a U.S. and Mexico focused gold and silver exploration company, announced today the closing of its previously announced public offering of common stock pursuant to the Company's shelf registration statement filed with the U.S. Securities and Exchange Commission (the "SEC") and a shelf prospectus filed with certain Canadian securities regulatory authorities. The Company sold 22.0 million shares of common stock at a price of US$2.00 per share. In connection with the offering, the Company has granted the underwriters a 30-day option to purchase up to 3.3 million additional shares of common stock to cover over-allotments, if any. The over-allotment option must be exercised prior to June 12, 2009. View full details | Download PDF

US Gold Announces Pricing of Common Stock Offering May 12, 2009 - TORONTO, ONTARIO - US GOLD CORPORATION (TSX:UXG)(NYSE Amex:UXG) (the "Company" or "US Gold"), a U.S. and Mexico focused gold and silver exploration company, announced today the pricing of its previously announced public offering of common stock pursuant to the Company's shelf registration statement filed with the U.S. Securities and Exchange Commission (the "SEC") and a shelf prospectus filed with certain Canadian securities regulatory authorities. The Company has agreed to increase the number of shares sold by 10 percent to 22.0 million shares at a price of US$2.00 per share. The Company has granted the underwriters a 30-day option to purchase up to 3.3 million additional shares of common stock to cover over-allotments, if any. View full details | Download PDF

US Gold Announces Common Stock Offering April 29, 2009 - TORONTO, ONTARIO-- US GOLD CORPORATION (TSX:UXG)(NYSE Alternext US:UXG)(NYSE Amex:UXG.A) (the "Company" or "US Gold"), a U.S. and Mexico focused gold & silver exploration company, is pleased to announce that it intends to offer 20 million shares of its common stock pursuant to the Company's shelf registration statement filed with the U.S. Securities and Exchange Commission (the "SEC") and a shelf prospectus filed with certain Canadian securities regulatory authorities. Rob McEwen, the Company's Chairman and CEO, intends to purchase shares of the common stock in this offering. The Company intends to grant the underwriters a 30-day option to purchase up to 3 million additional shares of common stock to cover over-allotments, if any. View full details | Download PDF

US Gold Increases Gold Resources in Nevada. Prerelease Q1 2009 Financial Summary April 28, 2009 - US GOLD CORPORATION is pleased to announce a substantial increase in the estimated mineral resource at the Company's Gold Pick, Gold Ridge North, Cabin Creek and Hunter deposits located on the property commonly referred to by the Company as Gold Bar. The new estimate increased measured and indicated resources by 64% over the resource published on December 4, 2008. The deposits are located on US Gold's 170 square mile (440 km2) property approximately 10 miles (16 km) south of US Gold's Tonkin deposit on Nevada's Cortez Trend. US Gold updated the estimate in order to incorporate new results from 20 holes drilled in 2008, and to include the Cabin Creek and Hunter deposits where there is sufficient historic drilling to define a resource. The current resource was prepared in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards pursuant to National Instrument 43-101 ("NI 43-101") by Telesto Nevada Inc. of Reno, Nevada. Download PDF

El GALLO: LONGER, DEEPER & RICH. 12.3 OPT SILVER OVER 34.4 FT, WITHIN 3.9 OPT SILVER OVER 316.6 FT April 24, 2009 - TORONTO, ONTARIO US GOLD CORPORATION (NYSE Amex:UXG) (TSX:UXG) (FRANKFURT:US8) is pleased to announce that core drill results from the El Gallo project in Sinaloa State, Mexico have returned the widest intersection to date and extended the mineralization at depth: 12.3 ounces of silver per ton (opt) (423.3 grams per tonne (gpt)) over 34.4 feet (ft) (10.5 meters (m)), including 33.8 opt silver (1,160.0 gpt) over 2.8 ft (0.9 m). This interval was inside of a wider zone that averaged 3.9 opt silver (135.4 gpt) over 316.6 ft (96.5 m). Another high-grade intercept was: 64.5 opt silver (2,210.0 gpt) over 1.3 ft (0.4 m). View full details | Download PDF

News Release April 9, 2009 - Toronto, Ontario (April 9th, 2009) - US GOLD CORPORATION (NYSE.A: UXG - TSX: UXG - Frankfurt: US8) advises that certain disclosure in the Company's news release of February 12, 2009 which referenced previously published resource estimates disclosed contained ounces of gold for the Magistral Property and contained ounces of silver for the Palmarito Project, should have also included the figures for tonnage and grade for the various resource categories. View full details | Download PDF

Complete El Gallo Results March 18, 2009 - Complete El Gallo Results Download PDF

US Gold Corporation: El Gallo Returns Deepest High-Grade Intercept 20.8 opt Silver Over 14.3 ft March 18, 2009 - TORONTO, ONTARIO- US GOLD CORPORATION is pleased to announce that core drilling at the El Gallo project in Sinaloa State, Mexico, has returned the deepest high-grade silver intersection to date. Testing below the previous limits of the mineralization returned: 20.8 ounces of silver per ton (opt) (713.1 grams per tonne (gpt)) over 14.3 feet (ft) (4.4 meters (m)). View full details | Download PDF

US Gold Corporation: El Gallo Delivers Exceptional High-Grade Core Drill Results From Surface!... March 2, 2009 - TORONTO, ONTARIO - US GOLD CORPORATION is pleased to announce new step out drilling has intersected exceptional high-grade mineralization over excellent widths at the El Gallo project in Sinaloa State, Mexico! View full details | Download PDF

El Gallo Drill Results Continue to Shine. Initial Four Core Holes All Intersect Significant... February 12, 2009 - Toronto, Ontario - US GOLD CORPORATION is pleased to announce results for the first four core holes at El Gallo in Sinaloa State, Mexico. Each hole intersected significant high-grade mineralization with three of the four holes returning +30 ounces per ton (opt) silver (+1000 grams per tonne (gpt silver)). A fourth hole returned grades of 19.5 opt silver (669.0 gpt silver) and 0.42 opt gold (14.25 gpt gold), demonstrating the high-grade nature of this discovery. View full details | Download PDF

Complete El Gallo Results February 9, 2009 - Complete El Gallo Results Download PDF

El Gallo Continues to Grow, Delivering More High-Grade Silver 27.0 opt Silver over 15 ft & 17.3... February 9, 2009 - Toronto, Ontario - US GOLD CORPORATION announces new high-grade results from its El Gallo project in Sinaloa State, Mexico. Best intersections return 27.0 opt silver (925.3 gpt silver) over 15.0 ft (4.6 m) including 38.2 opt silver (1310.0 gpt silver) over 5.0 ft (1.5 m) and 17.3 opt silver (593.8 gpt silver) over 50.0 ft (15.2 m) including 41.4 opt silver (1420.0 gpt silver) over 5.0 ft (1.5 m) with mineralization all within 150.0 ft (45.7 m) of surface. View full details | Download PDF

Complete El Gallo Results January 6, 2009 - Complete El Gallo Results View full details | Download PDF

El Gallo: Two New High-Grade Areas Discovered. Best Result: 34.6 opt Silver, 0.51 opt Gold over... January 6, 2009 - TORONTO, ONTARIO - US GOLD CORPORATION announces more exciting results from its El Gallo project in Sinaloa, Mexico. High-grade mineralization has been encountered at four separate locations. View full details | Download PDF

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