Any content you receive is for information purposes only. Always conduct your own research.
*Sponsored
Paul Prescott Just Put (USAU) On This Morning's Watchlist
Full Coverage Begins Today—Friday, January 23, 2026.
Don't Miss The Next Breakout—Get Real-Time Alerts Sent Directly
To Your Phone. Up To 10X Faster Than Email.
(USAU) Comes Backed By Several *Must See* Potential Catalysts
Get (USAU) On Your Screen While It's Still Early…
January 23, 2026
Ahead of the Bell | See Why (USAU) Just Jumped to the Top of My Radar Dear Reader, Headlines may be whipping the broader markets around, but one corner of the market is flashing a much clearer signal—and a little-known name tied to U.S. mining just moved to the front of the line. U.S. Gold Corp. (Nasdaq: USAU) is tied to a fully permitted, shovel-ready project in North America at a moment when gold has been pushing into record territory, recently pressing the high-$4,800s and nearing the $4,900 area. Now layer in a tight share structure and a freshly closed $31.2M private placement, and you've got a setup that looks increasingly "in motion" as 2026 gets underway. That's why U.S. Gold Corp. (Nasdaq: USAU) is topping our watchlist this morning—Friday, January 23, 2026.
But keep in mind, (USAU) has less than 12M shares available to the public. When companies like this have small floats, the potential exists for big moves as demand begins to shift. Recently, (USAU) showed what that can look like. (USAU) made an approximate 60% move in just over a month, from $14.53 on November 20 to $23.44 on December 23. 
One firm has been increasingly bullish on USAU. H.C. Wainwright & Co. recently raised its target from $22 to $27.50, which suggests a 43% upside potential from its recent $19.22 range. Technical indicators from Barchart also show (USAU) is currently trending above every major moving average that it tracks, including the 5-day, 20-day, 50-day, 100-day, and 200-day, which could indicate the potential for continued momentum as the company enters 2026. Institutional interest has reached record levels for the company, with over 20% of the company owned by institutions and hedge funds. Prominent names such as Franklin Templeton, Mackenzie, and Eric Sprott have participated in recent rounds. This institutional backing serves as a significant de-risking signal, suggesting that professional capital managers have thoroughly vetted the company's engineering and management. What comes next is where the story could get even more exciting: (USAU) isn't a one-asset headline—it's a U.S.-based platform with multiple shots on goal and a flagship project that's already cleared major hurdles. And as the calendar flips deeper into 2026, the company's location, asset mix, and near-term potential milestones are lining up in a way that's hard to ignore. America-First Asset Base
U.S. Gold Corp. (Nasdaq: USAU) is a U.S.-focused gold and copper exploration and development company with a diversified portfolio of high-potential assets. The company's flagship is the CK Gold Project located in Southeast Wyoming, a project that has already undergone a rigorous Preliminary Feasibility Study (PFS). Beyond Wyoming, the company maintains a strategic foothold in the nation's most prolific mining trends, including the Keystone property on Nevada's Cortez Trend and the Challis Gold Project in Idaho. What distinguishes (USAU) from its peers is its advanced developmental status. Unlike many junior mining firms that remain years away from breaking ground, (USAU) received its final non-conditional permit to mine at the CK Gold Project in late 2024. This status places the company in an elite category of "shovel-ready" projects in North America. The company is currently finalizing its Definitive Feasibility Study (DFS), which is expected to be released in early 2026, providing the final economic blueprint for construction. Goldman's $5,400 Call: One Target That Has the Sector Paying Attention
The macro environment for U.S. Gold Corp. (Nasdaq: USAU) is currently characterized by a powerful alignment of institutional demand and technical strength. As of January 22, 2026, gold is trending near $4,827 per ounce, following a massive 65% surge in 2025. Institutional sentiment is reaching a fever pitch; Goldman Sachs recently raised its 2026 price target to $5,400, citing central bank buying and private-sector diversification. Major institutions like UBS and JPMorgan Chase are forecasting prices exceeding $5,000 in the near term. This rising tide significantly elevates the economics of the CK Gold Project, which was originally modeled at much lower metal prices. At current levels, the project's estimated 750K ounces of gold equivalent could be valued at approximately $3.4B, providing a massive disparity compared to the company's current market valuation. The CK Gold Project: A Deep Dive into Reserves
The flagship CK Gold Project is more than just a resource on paper; it is a de-risked asset located in a top-tier mining jurisdiction. According to the January 2026 Corporate Presentation, the project hosts proven and probable mineral reserves of 1.67M gold equivalent ounces. This mineral wealth is composed of approximately 70% gold and 30% copper, offering investors exposure to two of the most critical metals for the modern economy. Executive Chairman Luke Norman has highlighted that 80% of the holes drilled at CK Gold have bottomed in mineralization. This suggests the potential to bring another million ounces into the project. In the world of mining, adding 1M ounces to a project of this scale could represent an additional $1B in Net Present Value (NPV). The project is designed as a low-strip, surface deposit, which keeps operational complexity and costs significantly lower than underground alternatives. Infrastructure: The Wyoming Advantage
One of the most underappreciated aspects of (USAU) is its logistical superiority. Located just 20 miles outside of Cheyenne, Wyoming, the CK Gold Project sits on the doorstep of a major employment hub. Unlike remote operations in Alaska or the Andes, workers can commute daily, eliminating the need for expensive "man camps" and complex fly-in-fly-out logistics. The site is also near the Interstate 80 corridor and Union Pacific rail lines, making the transport of equipment and mineral concentrates remarkably efficient. Power infrastructure is already being addressed through a local utility substation connection, which allows the company to avoid the massive capital expenditure of building its own power lines—a rare advantage that preserves treasury funds for development. Technological Innovation and Cost Control To further enhance the project's economics, USAU is incorporating advanced technologies into its Definitive Feasibility Study. The company has adopted Glencore's Jameson cell flotation technology, which offers improved recovery rates within a smaller footprint, thereby reducing both capital and power costs. Additionally, the team has optimized tailings management by switching to a continuous belt filter system. These technical refinements are intended to offset inflationary pressures on labor and materials, ensuring that the project remains highly profitable even in fluctuating market conditions. The All-in Sustaining Costs (AISC) were recently estimated at $937 per gold equivalent ounce, which is far below the current spot price, highlighting the project's high-margin nature. The Path to 2028 Production
Management's roadmap is clear and focused on execution. Following the publication of the DFS in the first quarter of 2026, (USAU) plans to finalize construction financing in the first half of the year. The company is exploring multiple avenues, including traditional debt, vendor financing, and offtake agreements for its copper-gold concentrate. With an 18-month runway from development to production, the company is targeting commercial production by 2028. The initial mine life is slated for 10 years, producing roughly 110K gold equivalent ounces annually. However, the district-scale potential of the Wyoming asset, combined with the "blue sky" upside of the Keystone Project in Nevada, suggests that (USAU) is building for a much longer operational horizon. When Execution Matters Most, This Team Brings the
Right Kind of Scar Tissue
The team leading U.S. Gold Corp. (Nasdaq: USAU) has deep experience in bringing large-scale mines online. CEO George Bee brings over 16 years of experience from Barrick Gold, where he held senior roles at world-class operations like Goldstrike and Veladero. This level of technical expertise is critical as the company transitions from a developer to an operator. Complementing him is Executive Chairman Luke Norman, who has raised in excess of $300M for resource ventures throughout his career, ensuring the company remains well-funded through its development milestones. 7 Key Drivers Putting (USAU) At The Top Of Our Watchlist
This Morning—Friday, January 23, 2026…
1. Recent Momentum: Over a little more than one month, (USAU) made an approximate 60% move, from about $14.53 to roughly $23.44, demonstrating how quickly sentiment can shift around the name.
2. Small Float: With less than 12M shares available to the public, (USAU)'s small float could witness the potential for big moves if demand begins to shift. 3. Analyst Coverage: H.C. Wainwright recently raised their target on (USAU) from $22 to $27.50, which suggests over 40% upside potential from recent levels, highlighting a clear valuation gap. 4. Technical Trends: With Barchart showing (USAU) currently trending above every major moving average it tracks, the chart is signaling a broad, aligned uptrend heading into 2026. 5. Massive Institutional Backing: Recent $31.2M financing from institutional heavyweights like Franklin Templeton validates the company's project economics. 6. Fully Permitted Status: (USAU) holds a final, non-conditional permit to mine in Wyoming, placing it in a rare category of shovel-ready North American assets. 7. Record Gold Prices: With gold recently hitting $4,888 and Goldman Sachs targeting $5,400, (USAU)'s 1.7M ounce reserve is more valuable than ever. Get (USAU) On Your Screen While It's Still Early…
As you can see, (USAU) checks a rare mix of boxes at the same time: a tightly held share base, recent momentum, and a technical picture that Barchart shows trending above key moving averages. Add in a $31.2M raise that brought in well-known institutions, plus a final, non-conditional mining permit in Wyoming, and you're looking at a company with real milestones ahead—not just a story. With gold in the high-$4,800s recently and major banks projecting higher levels into 2026, the setup around (USAU) and its reported ~1.7M AuEq reserve could start drawing more attention across the space. And with the Definitive Feasibility Study expected in early 2026, there's a clear next checkpoint that could reshape how the market frames the project. We're locked in on (USAU) this morning. Get (USAU) on your screen while it's still early. My next update could be hitting any moment, get ready for it now. Sincerely, Paul Prescott
Co-Founder & Managing Editor
Street Ideas Newsletter
| 
Tidak ada komentar:
Posting Komentar