Study: Start work at U.S. Gold mine |

Study: Start work at U.S. Gold mine

U.S. Gold Corp. said a consultant recommended

it begin commercial gold

production at U.S. Gold’s 100 percentowned

Tonkin Springs gold mine in

Eureka County.

The property covers 36 square miles

between Battle Mountain and Eureka.

The consultant, HW Process

Technologies Inc. of Denver, estimated

that the mine’s production in its first four

years would be approximately 358,000

ounces of gold at an average cash cost of

$225 per ounce.

U.S. Gold is based in Lakewood,