US Gold Completes Study on Nevada Gold Project

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.