U.S. Gold Corp (NASDAQ: USAU) is moving its flagship CK Gold Project in Wyoming from permitting to potential construction. The fully permitted, shovel-ready site targets an 11-year mine life with about 85,000 gold-equivalent ounces of average annual production.

A March 2026 feasibility study modeled a $632 million after-tax NPV and 27% IRR at base-case prices, rising to roughly $1.37 billion NPV under a $4,500 gold spot scenario. USAU is now evaluating debt, equity, streaming and offtake options while targeting a construction decision as soon as late 2026.