Trading green early this morning, USAU just dropped major news you need to read right now.


Breaking Company News From (USAU) Has Stock Up Approximately 56% And Hitting Over $5+

Major USAU Upside Potential To Analyst's $27 Target

Company PowerPoint Presentation

March 24th

Good Morning,

Trading green early this morning up approximately 56% and hitting over $5+ so far, USAU just dropped major news you need to read right now.

U.S. Gold Corp. Announces Updated Copper King Economics Showing NPV of $321.6Mn and IRR of 52%

ELKO, Nevada, March 24, 2020 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) today is pleased to announce that it has internally updated the economics of the Copper King deposit to reflect the recent rise in gold prices. Mine Development Associates' (MDA) Preliminary Economic Assessment (PEA), dated December 5, 2017 which was based upon $1275 gold and $2.80 copper prices.

Gold prices have risen substantially since the Copper King PEA was published. U.S. Gold Corp. used $1.6K gold and $2.80 copper for its internally updated economic calculation, which was completed in early March, 2020. Highlights of the updated internal calculations show:

Investment Highlights based on PEA

At $1.6K gold and $2.80 copper, based on preliminary data, Copper King is projected to generate Pre-Tax Cash Flow of $510.54Mn

The Net Present Value (NPV), based on preliminary data, at a 5% discount rate, is projected to be $321.60Mn

The Pre-Tax Internal Rate of Return (IRR) based on preliminary data, is projected to be 52%

At $1.6K gold, Copper King deposit economics are 80% gold and 20% copper

Read The Full Article Here.

If you haven't read my initial report below, do so right now and get USAU on your radar.


Demand for gold is insatiable. Inventories are low everywhere, and the yellow metal selloff for cash has actually demonstrated the safe-haven thesis.

Before yesterday, gold prices had plummeted in price over the previous few weeks at the hands of the coronavirus, trading similarly to gold at the beginning of the 2008 financial crisis.

But after that selloff in 2008, the yellow metal saw its most dramatic rally in history.

Could we see round 2 beginning shortly? Take a look for yourself at what began yesterday:


That's a roughly $70 swing to the north for the price of Au during just a few hours yesterday.

Many investors find themselves heading towards precious metals, especially gold, in times of economic uncertainty. And, as we've seen in recent weeks, there is not much certainty out there right now.

For those reasons and seeing that several gold stocks had serious green sessions Monday, I want you to turn to an under-the-radar gold stock with amazing upside potential.

Your new stock profile for March 24th is:

U.S. Gold Corp. (Ticker: USAU)

U.S. Gold Corp. is a U.S.-focused gold exploration and development company advancing high potential projects in Nevada and Wyoming. USAU is listed on the NASDAQ exchange.

There are several potential catalysts for USAU, but I want you to hone in on two specific ones this morning.

Your #1 Potential Catalyst For USAU - $27 Analyst Price Target

Back in November of 2019, HC Wainwright provided USAU with a $27 price target.

See here for yourself.

With the stock trading at $3.25 (at the time of writing Monday), USAU displays over 730% potential upside to its $27 target.

That is nuts...

What we know historically about what happened to the price of gold after the 2008 financial crisis, this stock could start garnering some serious attention if the price of yellow metal starts climbing quickly.

Just imagine traders seeing a $3+ stock that has a target of $27...

USAU could be seen as an extremely undervalued stock and begin drawing Wall Street's prying eyes.

If this happens, you'll need to be aware of this next potential catalyst too:

Your #2 Potential Catalyst For USAU - Incredibly Low Float

That's correct. Like several recent stock profiles I've delivered your way, USAU has a minuscule float.

According to Yahoo Finance, USAU has a float in the neighborhood of 2.08Mn shares.

When stocks have floats this small, they are capable of trading with extreme volatility. With volatility comes the potential for short-term price spiking.

Here's What You Need To Know About USAU's Operations And Why They Could Lead To A Major Stock Breakout

The company is looking to aggressively advance two world-class projects in 2020. Plans include:

Continue to build their leadership, exploration and development teams

Expand resource and deposit size at Copper King

Early-stage systematic exploration completed at Keystone - primed for discovery in 2020

Initiate exploration program at Maggie Creek

Advance the Copper King project to the Pre-Feasibility Study (PFS) level

(USAU) Highlights Below

U.S. Gold Corp. acquired Orevada Metals, Inc. in an all share transaction in September, 2019

Orevada has an option to earn-in up to a 70% interest in the Maggie Creek exploration project

Maggie Creek is located on the world-famous Carlin Trend in North Central Nevada

The Maggie Creek property is next door to Newmont’s 25-million-ounce Gold Quarry Mine

Maggie Creek is approximately 3 square miles of unpatented mining claims

Recent discoveries at Carlin (Leeville) and Gold Quarry (Chukar) demonstrate the potential for large high-grade deposits at depth – mostly untested at Maggie Creek

The Rainbow deposit occurs immediately south of project boundary

Host rocks and fault structures associated with Gold Quarry trend onto the Maggie Creek Project with historic drilling limited primarily to shallow holes

The Chukar-Alunite Fault structure, important to much of the high-grade mineralization at Gold Quarry, projects into the Maggie Creek Property where it intersects the NW structural corridor

Dikes on the property likely misunderstood and under-represented by previous operators

241 historic drill-holes have mostly been shallow with a mean depth of 300 feet

(USAU) Current Properties

NEVADA District-Scale Exploration

Keystone located on the prolific Cortez Gold Trend, one of the world’s most highly-prospective mineral trends

10 miles south of Barrick’s Cortez Hills Mine Complex

Maggie Creek located on the prolific Carlin Trend, one of the world’s most highly prospective mineral trends

Approximately 10 miles NE of Newmont Mining’s Gold Quarry Mine

Exploration team with extensive Nevada experience

3 years of district exploration and permitting efforts have advanced Keystone to specific drill targets

Target drilling will continue in 2020 with expectations for discovery success

COPPER KING Potential near-term production, WY

Advanced Exploration and Development property

Mining friendly location in the Silver Crown Mining

District of southeast Wyoming

Preliminary Economic Assessment (PEA) prepared by Mine Development Associates shows the following resource:

  • 926,000 Measured and Indicated oz Au an 223mm lbs Cu
  • 174,000 Inferred oz Au, 62.5mm lbs Cu
  • Pre-tax $178.5Mn Net Present Value (NPV) at $1,275/oz Au and $2.80/lb Cu

Copper King remains open in multiple directions for resource expansion

Keystone: Building The Next District On The Cortez Trend

The Cortez Trend is one of the world’s most productive trends - producing 1M oz of Au per year

The trend hosts numerous world class deposits; Barrick’s Pipeline (~21M oz gold), Cortez Hills (~15M oz gold) and Goldrush (~10M oz gold)

Significant discoveries still being made on the Cortez Trend,e.g. Barrick’s Fourmile Project.

The NNW-trending Sr .706 line likely represents a major crustal suture favorable for development of gold-bearing hydrothermal systems and deposits

Keystone exhibits many similarities to Barrick’s deposits tothe north - host rock, stratigraphy, intrusive-centered dome.



If there are more updates today, I'll get them out to you quickly.


Kai Parker


Source #1

Source #2

(Always Remember The Stock Prices Could Be Significantly Lower Now From The Dates I Provided.)

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