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ELKO, Nev., April 7, 2021 /PRNewswire/ U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, is pleased to announce plans for the commencement of core drill testing of a previously untested, covered Carlin-type target on its Maggie Creek project, located directly east of Nevada Gold Mines Gold Quarry mine and processing facilities.
Plan and cross-sectional view of Nevada Gold Mines’ Gold Quarry deposit. (PRNewsfoto/U.S. Gold Corp.)
Maggie Creek project and target area. (PRNewsfoto/U.S. Gold Corp.)
Ken Coleman, U.S. Gold Corp. s Chief Geologist, states, We are very pleased to move forward with the initial assessment of this target concept in an area not previously tested due to thick post-mineral cover. Previous operators have looked at the property from the standpoint of shallow, open-pit mineable and heap leachable deposit exploration. We have seen over the recent years an increase in exploration under cover fo