Resources
Technical Reports:
Tonkin Technical Report 43-101 May 2008
Gold Pick & Gold Ridge North Technical Report 43-101 May 2009
Magistral Technical Report 43-101 June 2009
Palmarito Technical Report 43-101 December 2008
US Gold Resource Reporting Notes:
- All mineral resources have been estimated in accordance with the definition standards on mineral resources and mineral reserves of the Canadian Institute of Mining, Metallurgy and Petroleum referred to in National Instrument 43-101, commonly referred to as NI 43-101.
- US Gold Corporation is a publicly traded company in the United States and subject to regulation by the United States Securities and Exchange Commission (SEC). U.S. reporting requirements for disclosure of mineral properties are governed by SEC Industry Guide 7. Canadian and Guide 7 standards are substantially different. The SEC 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 website such as "resources," "geologic resources," "measured," "indicated," and "inferred," that the SEC guidelines strictly prohibit us from including in our filings with the SEC. U.S. Investors should be aware that US Gold has no "reserves" as defined by Guide 7 and are cautioned not to assume that any part or all of mineral resources will ever be confirmed or converted into Guide 7 compliant "reserves." Disclosure of "contained ounces" in a resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute Guide 7 compliant "reserves" by SEC standards as in-place tonnage and grade without reference to unit measures. U.S. investors are urged to consider closely the disclosure in our Form 10-K. You can review and obtain copies of US Gold Corporation's filings with the SEC from the SEC's website at http://www.sec.gov/edgar.shtml.
- Resources are reported as of:
Tonkin - May 2008
Gold Bar - April 2009
New Pass - April 2006
Palmarito - December 2008
Magistral - September 2006 - New Pass NI 43-101 was published on SEDAR by Bonaventure Enterprises Inc. on Feb 9, 2007. US Gold current has a 50% joint venture on New Pass.
- Magistral NI 43-101 was published on SEDAR by Nevada Pacific Gold Ltd. Oct 24, 2006. Nevada Pacific is now a wholly-owned subsidiary of US Gold.
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