Two New Areas Return Early Encouragement
Gold Bar Drilling Returns: 1.77 gpt Gold Over 38.1 m
TORONTO, ONTARIO -- (Marketwire) -- 12/06/10 -- US GOLD CORPORATION (NYSE Amex: UXG)(TSX: UXG) is pleased to announce that recent drilling in Nevada has returned encouraging assay results from its Limo and Gold Bar Projects. At Limo, two new mineralized areas have been discovered: 1) a high-grade silver/gold vein, and 2) a potential bulk tonnage target. The best results from these two areas returned: 852 gpt silver, 1.77 gpt gold over 6.4 meters and 1.48 gpt gold over 48.8 meters, respectively. Drilling at Gold Bar continued to focus on expanding the gold mineralization beyond the current resource, returning 1.77 gpt gold over 38.1 meters.
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