U.S. Gold Corp. (USAU) investor relations material

Leadership and corporate structure

• Executive team has extensive mining and capital markets experience, supported by seasoned independent directors.

• Shares outstanding are tightly held at 16.5 million, with a focus on minimizing dilution.

• Listed on Nasdaq, maintaining liquidity and visibility in capital markets.

Financial position and capital structure

• Holds $30 million in cash and a market capitalization of approximately $250 million.

• 2.8 million warrants are mostly in the money, with recent financings supporting growth.

• Funding to date achieved through non-brokered offerings and a core group of significant shareholders.

• Multiple financing options under consideration, including debt, equity, and offtake agreements.

CK Gold Project highlights

• Feasibility study completed in early 2026, focusing on 1.6 million gold equivalent ounces.

• Initial reserves: 1 million ounces of gold and 260 million pounds of copper, with a 10-year mine life.

• First three years expected to produce over 100,000 gold ounces annually; AISC at $1,785/oz.

• Initial capital requirement is $384–400 million, with a projected after-tax IRR of 27% and 2.5-year payback at base case prices.