US Gold Corporation

(AMEX:UXG)

	Sep 30, 2008	Jun 30, 2008	Mar 31, 2008	Dec 31, 2007
Operating revenue
Total Revenue	—	—	—	—
Operating Revenue	—	—	—	—
Adjustments To Revenue	—	—	—	—
Cost Of Sales	5,756	2,212	3,675	6,407
Cost Of Sales With Depreciation	5,756	2,356	3,531	6,407
Gross Operating Profit	-5,756	-2,212	-3,675	-6,407
Operating Expenses
Research And Development Expenses	—	—	—	—
Selling General And Administrative Expenses	1,237	1,425	1,795	-317
Advertising Expenses	—	—	—	—
Operating Income Before Depreciation	-6,993	-3,637	-5,471	-6,090
Operating Income	-7,559	-4,016	-5,709	-6,468
Depreciation	157	307	—	278
Depreciation Unreconciled	157	163	144	278
Amortization	—	—	—	—
Amortization Of Intangibles	—	—	—	—
Operating Income After Depreciation	-7,150	-3,944	-5,471	-6,368
Non Operating Expenses
Interest Expense	122	30	46	-27
Pre Tax Income	-114,806	-3,752	-5,917	-5,330
Income Taxes	—	—	—	67
Minority Interest	—	—	—	—
Income Before Income Taxes	-114,806	-3,752	-5,917	-5,330
Net Income From Continuing Operations	-114,806	-3,752	-5,917	-5,397
Net Income From Discontinued Operations	—	—	—	—
Net Income From Total Operations	-114,806	-3,752	-5,917	-5,397
Non Recurring Events
Extraordinary Income Losses	—	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	—	—
Income From Tax Loss Carryforward	—	—	—	—
Other Gains And Losses	—	—	—	—
Total Net Income	-114,806	-3,752	-5,917	-5,397
Normalized Income	-7,535	-3,613	-5,777	-6,007
NetIncome Available For Common	-114,806	-3,752	-5,917	-5,397
Preferred Dividends	—	—	—	—
Excise Taxes	—	—	—	—

	Dec 31, 2007	Dec 31, 2006	Dec 31, 2005
Operating revenue
Total Revenue	—	—	1,052
Operating Revenue	—	—	330
Adjustments To Revenue	—	—	—
Cost Of Sales	23,079	9,242	761
Cost Of Sales With Depreciation	23,079	9,242	761
Gross Operating Profit	-23,079	-9,242	-431
Operating Expenses
Research And Development Expenses	—	—	—
Selling General And Administrative Expenses	7,884	5,128	2,745
Advertising Expenses	—	—	—
Operating Income Before Depreciation	-30,963	-14,370	-3,176
Operating Income	-32,293	—	—
Depreciation	475	74	13
Depreciation Unreconciled	475	74	13
Amortization	—	—	—
Amortization Of Intangibles	—	—	—
Operating Income After Depreciation	-31,439	-14,444	-3,189
Non Operating Expenses
Interest Expense	53	5	3
Pre Tax Income	-28,867	-72,650	-2,991
Income Taxes	67	—	—
Minority Interest	-388	—	—
Income Before Income Taxes	-28,867	-72,650	-2,991
Net Income From Continuing Operations	-28,546	-72,650	-2,991
Net Income From Discontinued Operations	—	—	—
Net Income From Total Operations	-28,546	-72,650	-2,991
Non Recurring Events
Extraordinary Income Losses	—	—	—
Income From Cummulated Effect Of Accounting Changes	—	—	—
Income From Tax Loss Carryforward	—	—	—
Other Gains And Losses	—	—	—
Total Net Income	-28,546	-72,650	-2,991
Normalized Income	-28,401	-65,547	-2,670
NetIncome Available For Common	-28,546	-72,650	-2,991
Preferred Dividends	—	—	—
Excise Taxes	—	—	—