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US Gold Appoints Perry Ing as Chief Financial Officer

US Gold Appoints Perry Ing as Chief Financial Officer

DENVER, COLORADO, Mar 31, 2008 (MARKET WIRE via COMTEX) — US Gold Corporation
(CA:UXG)(UXG)(FRANKFURT: US8) is pleased to announce the appointment of Perry Y.
Ing (CA, CPA, CFA) as the Company’s Chief Financial Officer effective March 31,
2008. Perry holds a Bachelor of Commerce Degree from the University of Toronto
and is a Chartered Accountant in Canada, Certified Public Accountant in the US
and Chartered Financial Analyst. He brings extensive financial management and
reporting experience in the mining sector having previously served as Corporate
Controller for Goldcorp Inc. and as a consultant to Barrick Gold Corp. Perry also
spent six years at the mining practice of PricewaterhouseCoopers LLP where his
responsibilities included managing the audits of large international mining
companies as well as a variety of junior mining companies.

As announced in December, Bill Pass will be retiring from his post on March 31,
2008, after 20 years of loyal service to US Gold. Bill will continue to serve US
Gold in a consulting capacity to assist in the transition. The Company wishes to
thank Bill for all his hard work and dedication.

ABOUT US GOLD

US Gold Corporation is a United States based gold exploration company that is
exploring in northeastern Nevada and recently began exploration in Mexico. The
Company has large land holdings and a strong treasury. US Gold’s shares trade on
the American and Toronto Stock Exchanges under the symbol UXG.

Contacts:
US Gold Corporation
Ana E. Aguirre
Manager, Investor Relations
(647) 258-0395 or Toll Free: 1-866-441-0690
(647) 258-0408 (FAX)
Email: info@usgold.com

SOURCE: US Gold Corporation
mailto:info@usgold.com

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