U.S. Gold Corp. has agreed to acquire a 10‑acre parcel in Cheyenne, Wyoming’s North Range Business Park through its wholly‑owned subsidiary, Gold King Corp. The purchase is the fourth key real‑estate acquisition the company has made in the past four years to support its CK Gold Project, a fully‑permitted, shovel‑ready gold‑copper operation slated for construction in early 2026.
The new parcel will serve as a centralized muster point for employees and contractors, providing consolidated parking and shuttle bus service to the mine site. In later phases, the company plans to develop administrative and operational facilities on the site, creating a dedicated hub that will streamline logistics and reduce travel time for the project’s workforce.
Adding the 10‑acre parcel expands U.S. Gold Corp.’s total land holdings to roughly 120 acres—110 acres of contiguous parcels plus the new site—creating a buffer zone that enhances operational flexibility and minimizes impacts on neighboring communities. The transaction is expected to close no later than January 31, 2026, and the company has reiterated that the CK Gold Project remains on track for a 2026 construction start, with the final feasibility study slated for completion by the end of 2025.
"With the CK Gold Project’s final feasibility study nearing completion, these acquisitions further support our development timeline," said George Bee, President and CEO. "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 acquisition is a key step in de‑risking the project, consolidating infrastructure, and accelerating the company’s path to production.
Analysts have maintained a strong buy consensus on U.S. Gold Corp., citing the company’s progress on permitting, feasibility studies, and strategic land acquisitions. The continued acquisition of land and infrastructure assets reinforces confidence that the CK Gold Project will reach its 2026 construction milestone as scheduled.
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