Resources
US Gold Resource Reporting Notes:
- US Gold Corporation is a publicly traded company in the United States and, consequently is subject to regulations of the United States Securities and Exchange Commission (SEC). The SEC does not recognize the terms "measured resource", "indicated resource", or "inferred resource." The SEC does recognize the term "mineralized material." The resource estimate in the table above are consistent with the SEC's definition of "mineralized material."
- All Mineral Resources have been calculated in accordance with the standards of the Canadian Institute of Mining, Metallurgy and Petroleum and National Instrument 43-101.
- Resources are reported as of:
Tonkin – May 2004
New Pass – April 2006
Magistral – September 2006 - The United States Securities and Exchange Commission permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this news release, such as “reserves,” “resources,” “geologic resources,” “proven,” “probable,” “measured,”“indicated,” and “inferred,” that the SEC guidelines strictly prohibit us from including in our filing with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 10-K
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