U.s. Gold Provided An Update On Its CK Gold Project, Which Is Positioned To Become A Domestic United States Producer Of Copper Concentrate.
Portfolio Pulse from Benzinga Newsdesk
U.S. Gold Corp. has updated on its CK Gold Project in Wyoming, which is expected to produce copper concentrate from its open-pit mine. The December 2021 PFS shows strong economic potential with a proven and probable reserve of 1.01 million ounces of gold and 248 million pounds of copper.
October 04, 2023 | 12:50 pm
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U.S. Gold's CK Gold Project is expected to produce copper concentrate, indicating strong economic potential. This could positively impact the company's stock in the short term.
The news about U.S. Gold's CK Gold Project indicates strong economic potential due to the significant reserves of gold and copper. This could lead to increased investor confidence in the company, potentially driving up the stock price in the short term.
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