U.S. Gold Corp. (Nasdaq: USAU) announced today that its wholly owned subsidiary, Gold King Corp., has entered into an agreement to acquire a 10-acre parcel of land in support of the planned 2026 development of the CK Gold Project in southeast Wyoming. The completion of this acquisition will mark the fourth key real estate property the Company has purchased over the past four years in connection with the CK Gold Project.

Gold King Corp. has signed an agreement to acquire a 10-acre parcel in the North Range Business Park on the western edge of Cheyenne, Wyoming, with direct access to Interstates 80 and 25. This transaction is expected to close no later than January 31, 2026. This strategically positioned site will initially function as a centralized muster point for employees and contractors, enabling consolidated parking and shuttle bus transportation to the mine site–demonstrating U.S. Gold’s proactive commitment to reducing traffic congestion on local roads. In future phases, the property is planned to support select administrative and operational functions for the mine.

The already completed acquisitions include three contiguous parcels totaling approximately 110 acres located immediately west of the CK Gold Project site on State Section 36, where Gold King Corp. holds mineral leases. Two of the parcels are undeveloped, while the third includes an existing residence. These properties establish a buffer zone, enhancing operational flexibility and minimizing potential impacts on neighboring ranchette communities further west.

“With the CK Gold Project’s final feasibility study nearing completion, these acquisitions further support our development timeline,” said George Bee, President and CEO of U.S. Gold Corp. “By securing these properties, we believe we are positioning the project for efficient, responsible, and community-sensitive operations leading to project development beginning in 2026.”

The CK Gold Project remains on track for construction startup in 2026.

About U.S. Gold Corp.

U.S. Gold Corp. is a publicly traded, U.S. focused gold and copper exploration and development company. U.S. Gold Corp. has a portfolio of exploration properties. Our CK Gold Project is located in Southeast Wyoming and has a Preliminary Feasibility Study technical report, which was completed by Samuel Engineering Inc. Our Keystone exploration property is on the Cortez Trend in Nevada. Our Challis Gold Project is located in Idaho. For more information about U.S. Gold Corp., please visit https://www.usgoldcorp.com/.

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