U.S. Gold Corp (symbol USAU) reported major news today. CEO Edward Karr is very pleased with the recent drill results that yielded .4 grams per ton of gold. Ed believes that this is the edge or halo of a major gold system. The company’s Keystone 20 square mile project is huge and discovering gold here is akin to finding a needle in a haystack. However, these results further affirm the potential for large gold systems here, with similar potential in the neighboring Cortez Hills district. While the needle has been elusive, they now have a much clearer idea where it’s lurking. U.S. Gold’s technical staff plans to spend the winter going over the results and figuring out where to drill next. Exciting times ahead!
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