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home / news releases / RIOFF - U.S. Gold Corp.: Solid Gold Developer, Permits In Hand

RIOFF - U.S. Gold Corp.: Solid Gold Developer, Permits In Hand

Prospector Resources Corp

2025-03-07 13:46:13 ET

Summary

  • U.S. Gold Corp. was awarded permits for the CK Gold Project in Wyoming, expected to produce over 100k ounces annually with low capital expenditure.
  • It has a tight share structure of 12.3 million shares on NASDAQ, with management owning significant shares, aligning their interests with investors.
  • CK Gold Project's location near Cheyenne allows workers to return home daily, enhancing operational efficiency and worker satisfaction.
  • The potential to sell waste rock at a significant profit presents an additional revenue stream to the project's financial viability.

Background

For further details see:

U.S. Gold Corp.: Solid Gold Developer, Permits In Hand

Stock Information
Company Name: Prospector Resources Corp
Stock Symbol: RIOFF
Market: OTC
Website: rio2.com
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