US Gold Corp (USAU)

[LocalComstocker]

Here it is!!

Last PR was Oct 23rd and its Christmas time.

USA Uranium Explores Comstock Royalty Plan and Pursues Additional Gold Properties

LAS VEGAS, NV -- (Marketwire) -- 10/23/09 -- USA Uranium Corp. (PINKSHEETS: USAU) (http://usauranium.com) CEO Ken Berscht is pleased to announce, "Our recent trip to visit the Comstock Lode in Nevada opens new areas of focus for USA Uranium as we expand our former gold producer and the Net Smelter Royalty (NSR) royalty acquisition model with strategic and early stage gold development projects which fit our business model of exploration and royalty development projects. The Comstock Lode Mining District in Nevada provides huge opportunity with early and strategic projects in the gold NSR royalty arena. The history and lore of the Comstock lives today and USA Uranium is stepping out to expand into this historic gold production area."

USAU also announces that following the Company's policy that "gold is where you find it" it is proceeding with final negotiations to acquire two former producing properties located in southern California. In the early 1900s, throughout this area, numerous mining operations were actively conducting both underground and surface mining projects that produced tremendous amount of gold. These properties were prolific producers and were mined actively until WWII shut down production and then sporadically after that.

These properties produced in excess of $300,000,000 of gold at today's prices. The Company plans to utilize a consistent exploration program to attempt to identify additional gold reserves in former California gold producers.

We want our Christmas toys!