#USA #U.S. Gold Corp #Cheyenne #Glencore Technology #Jameson Cell

U.S. Gold Corp. Integrates Advanced Flotation Technology

U.S. Gold Corp. is excited to share that it has selected Glencore Technology's Jameson Cell flotation equipment to significantly improve gold and copper recovery at its CK Gold Project. This groundbreaking decision was made following a series of engineering, optimization, and trade-off studies as part of the recent Definitive Feasibility Study and Execution Plan.

CEO Insights

George Bee, the President and CEO of U.S. Gold Corp., expressed enthusiasm about the adoption of this advanced technology. He noted, "We are thrilled to implement Glencore Technology's Jameson Cell flotation equipment at our CK Gold Project. After conducting thorough trade-off studies and testing, we found that this technology presents fantastic advantages over traditional flotation cells. This includes enhanced metal recovery, lower power consumption, and a reduced need for equipment and warehousing. This strategic move not only bolsters the already strong economics of our project but also positions us for greater success in domestic strategic metal production. We appreciate the invaluable support and performance guarantee from Glencore Technology and are eager to continue optimizing our project with their expertise."

Background of the Collaboration

In late 2024, Glencore Technology approached U.S. Gold Corp. to introduce their cutting-edge Jameson Cell flotation technology. Established since 1986, the Jameson cells have been recognized for their performance. To validate the potential benefits of Glencore's proposal, U.S. Gold conducted further testing on the ore from the CK Gold Project. The results confirmed noteworthy gains in both gold and copper recovery, surpassing the findings reported in the February 2025 Prefeasibility Study.

A comprehensive trade-off study from Halyard Micon International estimated that the inclusion of Jameson Cells could enhance the project's Net Present Value (NPV) by around $36 million over the mine's operational lifespan compared to standard tank flotation technology. Furthermore, the analysis indicated lower operational costs, requirements for smaller equipment and storage spaces, and reduced energy consumption.

Ongoing Support from Glencore Technology

Glencore Technology has also supplied a limited performance guarantee and continues to assist with engineering and cost parameters for the proposed equipment. U.S. Gold has successfully obtained a letter from Glencore Technology which ensures that pricing for any unused Jameson Cells, which were initially procured for a different project that was later cancelled, will remain unchanged until October 2025. This proves to be a significant advantage for future planning.

About Glencore Technology

Glencore Technology has earned a reputation as a leader in innovative mining technologies. Their solutions are implemented at various mines globally across multiple commodities and scales, enhancing the efficiency of mineral processing, leaching, smelting, and refining. The technologies, including IsaMill™ and Jameson Cell, are developed after years of research, tailor-made to withstand the harshest mining sectors and intricate mineral compositions.

For further details, you may explore the Glencore Technology website.

About U.S. Gold Corp.

U.S. Gold Corp. operates as a publicly traded company focused on gold and copper exploration and development within the United States. Among its notable properties is the CK Gold Project located in Southeast Wyoming, which boasts a Preliminary Feasibility Study technical report compiled by Samuel Engineering Inc. The company also holds exploration interests in Nevada and Idaho, showcasing its diverse portfolio. More about U.S. Gold Corp. can be found at www.usgoldcorp.com.

Looking Ahead

Forward-looking statements shared in this release reflect the company's optimistic expectations regarding enhanced metal recovery rates, capital and operational costs, and general project economics with the implementation of the Jameson Cell technology at the CK Gold Project. However, these projections are subject to variables that could exhibit material differences from anticipated outcomes, including fluctuations in market conditions.

By staying committed to innovation and efficiency, U.S. Gold Corp. is setting itself on a path to success in the mining industry, with the strategic introduction of advanced technology paving the way for enhanced financial performance.

For any further inquiries, please contact U.S. Gold Corp. Investor Relations at +1 800 557 4550 or visit the company's website.