U.S. Gold Corp. Secures Powerline Agreement for CK Gold Project Advancement
- U.S. Gold Corp. has signed a contract for a powerline to supply 30 megawatts for the CK Gold Project.
- The agreement with Cheyenne Light, Fuel and Power marks a significant milestone in the CK Gold Project's development.
- U.S. Gold Corp. is committed to sustainable practices and community engagement while advancing its exploration objectives.
U.S. Gold Corp. Advances CK Gold Project with Powerline Agreement
U.S. Gold Corp. is making significant strides in the development of its CK Gold Project located in southeast Wyoming. The company’s wholly-owned subsidiary, Gold King Corp., has entered into a contract with Cheyenne Light, Fuel and Power (CLFP), a division of Black Hills Corp., to initiate the construction of a powerline that will deliver the essential 30 megawatts of electricity needed for the project. This agreement represents a critical milestone in the project’s progression and underscores the company’s commitment to advancing its operations in the region.
The contract with CLFP entails a comprehensive approach to pre-construction planning, engineering, and procurement necessary for establishing the power facilities. Kevin Francis, Vice President of Exploration & Technical Services at U.S. Gold, highlights the exceptional engineering support that CLFP provides, which is vital for ensuring the project’s success. The engineering efforts will cover a wide array of activities, including the creation of general arrangement drawings, substation designs, and management of schedules and budgets. Additionally, the project will involve securing land rights, environmental permitting, and the critical regulatory filings needed to move forward.
U.S. Gold Corp. has a robust portfolio that not only includes the CK Gold Project but also other properties in Nevada and Idaho. The company has completed a Preliminary Feasibility Study for the CK Gold Project, detailing its potential and setting the stage for future development. While the announcement is optimistic, it includes cautionary notes regarding forward-looking statements, emphasizing that various factors could influence the realization of the project’s anticipated advancements.
In addition to the powerline contract, U.S. Gold Corp. continues to focus on its exploration and development objectives across its portfolio. The company remains committed to sustainable practices and is actively engaging with stakeholders to ensure that its operations have a positive impact on the local community and environment. As the CK Gold Project progresses, U.S. Gold Corp. is poised to enhance its position in the gold and copper exploration landscape, contributing to the broader mining industry in the region.
For more information about U.S. Gold Corp. and its ongoing projects, interested parties can visit their official website at https://www.usgoldcorp.com/.