US Gold Corp (USAU)

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Website Updated!! www.USAUranium.com

They have all new properties listed along with new team players.

Will they produce? Last I read they are an explorer and NOT a producer, but if you read closely you can see that Dama Da Oro is getting permits to resume drilling and production.

Does anybody here ever read filings and PR??????

This is the marquis project though...

Jack Creek, Nevada

The Jack Creek property located in the northern Independence Range about 50 miles north of Elko Nevada, Jack Creek comprises 247 lode mining claims (nearly 5,000 acres) adjacent to Gateway Gold Corp.’s Big Springs and Dorsey Creek Properties.



Approximately three miles to the northeast, at the Big Springs Mine, Independence Mining Company, the previous operator, is reported by Gateway to have mined 510,000 ounces of gold in seven open pits between 1987 and 1993. In addition, Independence prepared a global resource estimate of over 850,000 ounces of gold in 1994.



Since acquiring the property in 2003, Gateway has announced discovery of additional gold, including high grade intercepts of 20 feet of 0.525 opt gold and 25 feet of 0.818 opt gold, at the crusher target that was lightly drilled by Independence.



At the Dorsey Creek Property, immediately adjacent to Jack Creek, Gateway announced the discovery of a “large Carlin-style gold system”. Independence had previously obtained a drill intercept of 20 feet of 0.255 opt gold according to Gateway’s news release. The Company believes that the gold system that passes from Big Springs and through Dorsey Creek extends onto the Jack Creek Property and that that the property has the potential to contain a significant gold deposit.


Right next to Newmont/Kinross project with Victoria.

More properties a coming and them guys are spending the weekend in Virginia City rubbing elbows and crawling through tunnels.

Oh well!