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25.03.2009


US GOLD CORP.: EL GALLO RETURNS DEEPEST HIGH-GRADE INTERCEPT 20.8 OPT SILVER OVER 14.3 FT

TORONTO, ONTARIO- US GOLD CORPORATION (TSX:UXG)(NYSE Alternext US:UXG)(FRANKFURT:US8) is pleased to announce that core drilling at the El Gallo project in Sinaloa State, Mexico, has returned the deepest high-grade silver intersection to date. Testing below the previous limits of the mineralization returned: 20.8 ounces of silver per ton (opt) (713.1 grams per tonne (gpt)) over 14.3 feet (ft) (4.4 meters (m)).

Hole GAX012 intersected two separate zones of high-grade silver mineralization, with the deepest being at a vertical depth of 380.0 ft ... [ more ]