U.S. Gold Corp. shares rise 1.87% after-hours after signing a contract for the CK Gold Project powerline.

U.S. Gold Corp. rose 1.87% in after-hours trading, with the company announcing that its subsidiary, Gold King Corp., has executed a contract with Cheyenne Light, Fuel and Power for the construction of a powerline to serve the CK Gold Project. This development is a significant step towards the project's advancement, which is situated in southeast Wyoming, U.S.A.