-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, ApJkYlXcJ2ccOKPDsBU0CuZyP0ComAvtgTqkiQtzo4d7oNqrzqpC7O/NoNP3aUht wvU6cEy/XneWcW4/oJo/3w== 0001014909-03-000139.txt : 20031114 0001014909-03-000139.hdr.sgml : 20031114 20031113203614 ACCESSION NUMBER: 0001014909-03-000139 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031113 ITEM INFORMATION: Other events FILED AS OF DATE: 20031114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: U S GOLD CORP CENTRAL INDEX KEY: 0000314203 STANDARD INDUSTRIAL CLASSIFICATION: MINERAL ROYALTY TRADERS [6795] IRS NUMBER: 840796160 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-09137 FILM NUMBER: 031000072 BUSINESS ADDRESS: STREET 1: 2201 KIPLING ST STREET 2: STE 100 CITY: LAKEWOOD STATE: CO ZIP: 80215-1545 BUSINESS PHONE: 3032381438 MAIL ADDRESS: STREET 1: 2201 KIPLING STREET STE 100 CITY: LAKEWOOD STATE: CO ZIP: 80215 FORMER COMPANY: FORMER CONFORMED NAME: U S SILVER STATE MINING CORP DATE OF NAME CHANGE: 19880706 FORMER COMPANY: FORMER CONFORMED NAME: SILVER STATE MINING CORP DATE OF NAME CHANGE: 19880629 8-K 1 f8k_13nov2003usgold.txt FORM 8-K - NOVEMBER 13, 2003 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report: November 13, 2003 U.S. Gold Corporation -------------------------------------------------- (Exact Name of Registrant as Specified in Charter) Colorado 1-02714 84-1533604 - --------------- ------------ ---------------- (State or other (Commission (IRS Employer jurisdiction of File Number) Identification #) incorporation) 2201 Kipling Street, Suite 100, Lakewood, CO 80215-1545 ------------------------------------------------------- (Address of Principal Executive Office) (303) 238-1438 ---------------------------------------------------- (Registrant's telephone number, including area code) Item 5. Other Events and Regulation FD Disclosure - -------------------------------------------------- On November 13, 2003, U.S. Gold Corporation (the "Company") issued a news release which reported that its 40% owned subsidiary, Gold Resource Corporation, is proceeding with the second round of drilling at its El Aguila gold/siver property in the state of Oasaca, Mexico. The full text of the news release is being filed as an exhibit to this Report. Item 7. Financial Statements and Exhibits - ------------------------------------------ (c) Exhibits: 99.1 News Release dated November 13, 2003 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. U.S. GOLD CORPORATION By: /s/ William W. Reid ---------------------------------- William W. Reid President Dated: November 13, 2003 EX-99 3 exh99_1pressrel.txt EXHIBIT 99.1 - PRESS RELEASE EXHIBIT 99.1 ------------ U. S. GOLD CORPORATION N E W S R E L E A S E 2201 Kipling Street, Suite 100, Lakewood, Colorado 80215-1545 (303) 238-1438 FAX: (303) 238-1724 SECOND ROUND OF DRILLING TO BEGIN AT MEXICAN GOLD PROPERTY BY GOLD RESOURCE CORPORATION Denver, CO.-November 13, 2003 - U.S. Gold Corporation (OTC BB: USGL; Berlin Exchange: US 8) reported today that its 40% owned subsidiary, Gold Resource Corporation, is proceeding with the second round of drilling at its El Aguila gold/silver property in the state of Oaxaca, Mexico. This second round of drilling is anticipated to start around the first of December 2003 and is being funded by Canyon Resources Corporation (AMEX:CAU) as Canyon has elected to proceed with Phase 2 of their earn-in agreement with Gold Resource. At the end of Phase 2 drilling and following a conceptual engineering study, Canyon will have 90 days to elect to fund the remaining balance of $3,000,000 to earn a 50% interest in the El Aguila project, or alternatively, convert their Phase 1 and 2 program funding of $500,000 into 600,000 shares of Gold Resource stock. The results from Phase 1 drilling were impressive and confirmed the continuity of high-grade gold mineralization in a shallow, sub-horizontal silica "manto" that had previously assayed high-grade values from sampling on the surface and in shallow underground workings. Of the 31 holes drilled, 11 holes intercepted high-grade gold in 13 intervals with weighted average value of 8 grams/tonne (0.23 oz/ton) gold and 77 grams/tonne (2 oz/ton) silver over a weighted average intercept width of 5.4 meters (17.8 feet). "We expect this new drilling program to increase the size of the existing high-grade area and give us a minimum resource that could lead to a production decision near-term," said William W. Reid, president of U.S. Gold and Gold Resource. U.S. Gold is celebrating its 26th year in business and also holds a 45% interest in the Tonkin Springs gold mine property in Eureka County, Nevada, which is being developed under a joint venture with BacTech Enviromet Corporation (TSX:YBA). BacTech is providing $12 million of development funding under an agreement effective July 31, 2003. The United States Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for certain forward-looking statements. Operating, exploration and financial data, and other statements in this press release are based on information that the Company believes reasonable, but involve significant uncertainties as to future gold prices, costs, ore grades, mining and processing conditions, and regulatory and permitting matters. Actual results and timetables could very significantly. -----END PRIVACY-ENHANCED MESSAGE-----