US Gold Appoints Perry Ing as Chief Financial Officer

DENVER, COLORADO, Mar 31 (MARKET WIRE) --
US Gold Corporation (TSX: UXG)(AMEX: 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

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