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    gold-investing

    US Gold Completes Study on Nevada Gold Project

    Investing News Network
    Nov. 28, 2011 10:31AM PST
    Precious Metals Investing

    Reuters Africa reported that a prefeasibility study has been completed on the Nevada-based Gold Bar project, owned by US Gold Corp (TSX:UXG).

    Reuters Africa reported that a prefeasibility study has been completed on the Nevada-based Gold Bar project, owned by US Gold Corp (TSX:UXG).

    As quoted in the market news:

    The study indicates that the mine could potentially produce 51,000 ounces of gold annually over an eight-year period at cash costs of $665 an ounce.

    Click here to read the full Reuters Africa report.

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