- US Gold Corp. (USAU) rose 8.75% to $17.03 today following its CEO update and the formation of a special committee to evaluate merger and acquisition interest for its fully permitted CK Gold Project.
- The company is also discussing potential development capital sources to minimize shareholder dilution and is considering a spin-out of its Keystone Project.
- The CK Gold project's March 2026 Feasibility Study highlighted strong economics with a $632 million after-tax NPV and 27% IRR (base case), with a construction decision targeted for late 2026.