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Mining News June 17, 2024 09:00:09 PM

US Gold Corp. Received Further Approval for Wyoming Gold Project

Paul Ploumis
ScrapMonster Author
The company had initiated the development path for the CK Gold Project in August 2020.

US Gold Corp. Received Further Approval for Wyoming Gold Project

SEATTLE (Scrap Monster): U.S. Gold Corp. announced that its wholly owned subsidiary, Gold King Corp., has received Wyoming Pollutant Discharge Elimination System Permit from the Director of the Wyoming Department of Environmental Quality. With this the company has satisfied one of the conditions associated with the recently granted Surface Gold Mine Permit for the CK Gold Project in Wyoming.

The company had initiated the development path for the CK Gold Project in August 2020. The Water Discharge Permit application was submitted to WDEQ in December last year. Following the 30-day public comment period, which extended from February 2024 to March 18, 2024, the WDEQ approved the permit on May 31, 2024.

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US Gold Corp Advances Mining Project in Wyoming with Key Permits on the Horizon

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Further to the receipt of the permit, the company has now restarted the work on a prefeasibility study update and completion of the feasibility study. It must be noted that the feasibility study work, earlier awarded to Samuel Engineering Inc. was suspended in March 2023. The company expects to update the prefeasibility study by the third quarter of 2024 and finalize the feasibility study sometime thereafter.

George Bee, President, CEO and Director of U.S. Gold said that the Air Quality Permit is currently under review with the WDEQ Air Quality Division. It remains on track to receive unconditional approval to move forward with the Mine Operating Plan in hand around mid-2024, he added.

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