CK Gold's Dual AISC Figures Reflect By-Product Credits

U.S. Gold Corp's (NASDAQ: USAU) CK Gold project in Wyoming has two all-in sustaining cost (AISC) figures, $1,094 per ounce and $1,814 per gold-equivalent ounce. The difference stems from how copper, silver, and aggregate revenue are treated.

The by-product AISC nets copper, silver, and aggregate revenue against costs, using base-case prices of $4.50 per pound of copper, $40 per ounce of silver, and $3,250 per ounce of gold.

Over its 11-year life, the Wyoming project is targeting 707,200 ounces of payable gold, 186.726 million pounds of payable copper, and 1.874 million ounces of payable silver.