Challis Gold Project

Idaho is a Mining State

Exploring the next major gold district on the Cortez Trend, Nevada

The Keystone project is a Carlin-type gold deposit exploration project located on Nevada's Cortez Trend, one of the world's most prolific gold mining trends and home to some of North America's largest mines. The Keystone project is an under-explored, early-Tertiary (34.1+/-0.7 Ma), complex intrusive-centered, large gold-bearing hydrothermal system developed in domed permissive, lower-plate, carbonate host rocks. U.S. Gold Corp. has consolidated this entire prospective gold Cortez Trend district currently with 20 square miles of mineral rights control. This is the first time in history of the district that both the entire district has been consolidated by one company, and is being evaluated by systematic, comprehensive, model-driven exploration. U.S. Gold Corp.'s work to date on the project has illustrated many similarities between Keystone and some of the major mines on both the Cortez and Carlin Trends in Nevada - with evidence of similar stratigraphy, lithologic characteristics, structure, and alteration - factors important to the discovery of significant Carlin-type deposits.

LOVELAND – High grade gold, copper, and nickel exploration

DeSantis Gold Property - Historic Gold Production

La Manchuria is located in the Deseado Massif – one of the most prolific epithermal gold-silver regions in the world

La Manchuria is located in the Deseado Massif LSE district, in the mining-friendly province of Santa Cruz, Argentina. The region is home to a variety of Argentina’s iconic mines like Cerro Vanguardia and Cerro Negro. The project is located within 50 km of four mines: Cap Oeste and COSE, located to the northwest on the same regional lineament, and Martha and Manantial Espejo, located in a parallel belt to the southeast. The region is Argentina’s biggest gold and silver producer, with production of approximately 1M gold-equivalent ounces (2022) per year.

CK Gold Project: Advanced-Stage Gold, Copper, and Silver Development

The CK Gold Project (historically known as the Copper King) sits within the Silver Crown Mining District, established in 1881 and saw high-grade, limited mining in its early years. The first reported modern exploration drilling was conducted by ASARCO in 1938. Subsequent campaigns included comprehensive work by Henrietta Mines Ltd. in 1972 (drilling, IP survey, geologic mapping, geochemical sampling, and metallurgical testing). Later drilling was completed by Saratoga (from 2006), Strathmore (from 2012), and U.S. Gold Corp. (2017, 2018, 2020, and 2021 programs) following the company's acquisition of the project from Energy Fuels in 2014. These efforts have supported progressive technical studies, culminating in the recent Feasibility Study.

The Deseado Massif

The Deseado Massif in southern Argentina is one of the most prolific epithermal gold and silver regions known in the world. Located in the mining-friendly province of Santa Cruz, it is host to many past and currently producing gold and silver mines, including the world-class Cerro Vanguardia (AngloGold-Ashanti) and Cerro Negro (Newmont) Mines.

Ana Maria

The Ana Maria property is located 21 kilometres (km) northwest of the City of Gómez Palacio and the adjacent City of Torreón, and 1 km north of the town of Dinamita, in the municipality of Gómez Palacio, Durango, Mexico. The claims are located in the Minitas mining district in the Guadalupe Victoria mining region. The property consists of 9 mining concessions encompassing 2,549 hectares (ha).

The Philadelphia Property

The company’s flagship property is the Philadelphia Property, a high-grade gold and silver vein target located in Mohave County, northwestern Arizona. Mohave County in northwestern Arizona is the home to the Oatman Mining District, which produced over 2 million ounces of gold from high-grade veins from underground mining.

Phenom Commences Drilling on Crescent Valley Gold Project, Nevada

May 15, 2025 – Vancouver, British Columbia – Phenom Resources Corp. (TSX-V: PHNM) (OTCQX®: PHNMF) (FSE: 1PY0) (“Phenom” or the “Company”) is pleased to announce that drilling has commenced on the Company’s Crescent Valley Gold Project, 22 km (13 miles) southwest of Carlin, Nevada. The Crescent Valley Gold Project represents a high-grade, bonanza-vein gold prospect strategically located within the Northern Nevada Rift flanking the southwest fringe of the Carlin Gold Trend in Northern Nevada.