| Business Summary | | U.S.
Gold
Corporation
is
engaged
in
the
exploration
for,
development
of
and
the
production
and
sale
of
gold
and
silver,
and
has
conducted
such
operations
in
various
western
states.
The
Company's
only
mining
property
is
the
Tonkin
Springs
property,
which
is
located
in
Eureka
County
Nevada.
The
Company
owns,
through
its
wholly
owned
subsidiaries,
a
40%
interest
in
Tonkin
Springs
LLC,
which
owns
the
Tonkin
Springs
gold
mine.
The
Company's
ownership
interest
in
this
property
is
held
by
Tonkin
Springs
Venture
Limited
Partnership
(TSVLP).
TSVLP
is
owned
100%
by
two
of
the
Company's
wholly
owned
subsidiaries.
U.S.
Gold's
activities
include,
at
various
times
and
to
various
degrees,
exploration,
land
acquisition,
geological
evaluation
and
feasibility
studies
of
properties
and,
where
warranted,
development
and
construction
of
mining
and
processing
facilities,
mining
and
processing
and
the
sale
of
gold
and
other
metal
by-products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | U.S.
Gold
Corporation
is
engaged
in
the
exploration
for,
development
of,
and
the
production
and
sale
of
gold
and
silver.
USGL
also
conducts
business
through
joint
venture
operations
and
partnerships.
For
the
three
months
ended
3/31/01,
revenues
remains
flat
at
$135
thousand.
Net
loss
rose
52%
to
$47
thousand.
Results
reflect
the
fact
that
the
Company
incurred
$19
thousand
of
expenses
related
to
the
financial
consultants
engaged
during
the
period
ended
March
31,
2001. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Reid, 52 Pres,
CEO, Director | $247K | William Pass, 54 CFO,
VP, Sec. | 112K | David Reid, 50 VP-Exploration | 124K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|