US Gold to Adopt Glencore's Jameson Cell Technology for Enhanced Recovery at CK Gold Project

US Gold Corp has adopted Glencore Technology's Jameson Cell flotation equipment at its CK Gold Project in Wyoming, expected to enhance gold and copper recovery and improve project economics. Tests confirmed higher recovery compared to a February 2025 prefeasibility study, with a trade-off analysis estimating a $36 million increase in net present value over the mine's life. Glencore Technology provided a performance guarantee and will support ongoing engineering and cost parameters.

U.S. Gold Corp. (Nasdaq: USAU) has announced the adoption of Glencore Technology's Jameson Cell Flotation Equipment at its CK Gold Project in Wyoming. This strategic move is expected to significantly enhance gold and copper recovery and improve the project's overall economics.

The decision follows the completion of several engineering, optimization, and trade-off studies as part of the company's Definitive Feasibility Study and Execution Plan. CEO George Bee commented, "U.S. Gold Corp. is pleased to announce the adoption of Glencore Technology's Jameson Cell Flotation Equipment for enhanced gold and copper recovery at the CK Gold Project. Through rigorous trade-off studies and testing, we have confirmed that this technology offers improvements over conventional flotation cells, including increased metal recovery, reduced power consumption, and a smaller equipment and warehousing footprint."

Glencore Technology first approached U.S. Gold in late 2024, presenting its proprietary Jameson Cell flotation technology as a potential improvement over conventional flotation cells. The Jameson cells have been in use since 1986. To validate these claims, U.S. Gold conducted additional testing on CK Gold Project ore. The results confirmed gains in both gold and copper recovery compared to the values reported in the February 2025 Prefeasibility Study.

A trade-off study prepared by Halyard Micon International estimated that incorporating Jameson Cells could improve the project's Net Present Value (5%) by approximately $36 million over the life of the mine compared to conventional tank flotation technology. The study also highlighted the potential for reduced operating costs, smaller equipment and warehouse needs, and lower power consumption.

The Glencore Group has provided a limited performance guarantee and continues to support ongoing engineering and cost parameters for the proposed equipment. U.S. Gold has also received a letter from Glencore Technology confirming it can hold pricing for unused Jameson Cells, originally procured for a cancelled project, through October 2025.

About Glencore Technology
Glencore Technology is the name behind some of the world's leading mining technologies. Many mines around the world, across different commodities and different sizes, use Glencore Technology solutions. Their range of products and technologies improve the efficiency and productivity of mineral processing, leaching, smelting, and refining operations across the world. Recognised industry-leading technologies such as IsaMill™, Jameson Cell, IsaKidd™, and more all have one thing in common - developed with many years of research and development to suit the world's harshest mining environments and complex mineralogy by Glencore Technology.

About U.S. Gold Corp.
U.S. Gold Corp. is a publicly traded, U.S. focused gold and copper exploration and development company. The company has a portfolio of exploration properties, including the CK Gold Project located in Southeast Wyoming, the Keystone exploration property on the Cortez Trend in Nevada, and the Challis Gold Project in Idaho.

References:
[1] https://www.marketscreener.com/news/u-s-gold-corp-selects-glencore-technology-s-jameson-cell-flotation-equipment-for-improved-gold-and-ce7c51d3de88f627
[2] https://finance.yahoo.com/news/u-gold-corp-selects-glencore-120000067.html