Star Gold announced today that it completed a capital raise of $1,079,885 through a private placement of the Company's shares of common stock and share purchase warrants. Members of management accounted for 25.5% of the raise. No brokers or other third-parties were involved in the offering; as such, all monies will be available for use by the Company. Star Gold has two remaining processes to complete prior to first [...]
COEUR D'ALENE, Idaho, Aug. 24, 2017 /PRNewswire/ -- Star Gold Corp. ("Star Gold" or the "Company") (OTC Markets: SRGZ) announced today that it has entered into the second of two separate agreements securing water allocation rights for its Longstreet Project in Nevada. Each agreement provides for an option to lease water rights for mining purposes. Commenting on securing of the necessary water rights, Star Gold President [...]
Star Gold issued the following Letter to Shareholders: Shareholder Letter January 23, 2017 The past year was a productive one in advancing Star Gold's Longstreet Project. As outlined in the Shareholder Letter dated Jan 11, 2016 the process for obtaining a permit to mine follows a fairly defined path. To recap, the steps are as follows: STEP 1: Submission of the following reports: Wildlife and Biological Baseline Study [...]
Star Gold announced today that it has completed a capital raise of $650,000 through a private placement of the Company's shares of common stock and warrants to purchase additional shares of common stock. Members of management accounted for a significantly large portion of the raise. As no brokers were involved, all monies will be available for use to the Company. Specifically, the monies will be focused almost [...]
Star Gold announced that it has commenced work on Biological Baseline Studies at the Longstreet Project in Nye County, Nevada. Star Gold has contracted with Mr. Reinis N. Sipols P.E. of Pack Leader Services LLC to co-ordinate the various studies and interact with all necessary agencies such as the Forestry Service and BLM. In April 2015, Star Gold contracted with Sue Fox of Wildlife Resource Consultants LLC to begin the [...]
Star Gold, announced that Mr. Thomas (Tom) Power has been appointed to its Board of Directors. Mr. Power is President and CEO of Sunshine Minting, Inc. He also is Chairman of the Board of Sunshine Minting International (Shanghai) Co. Ltd which is a joint venture between Sunshine Minting, Inc. and Shanghai JinYuan Culture Development, for the production of precious metal blanks and products in Shanghai. Mr. Power has over [...]
Star Gold announced today that the Company has commenced drilling on the Main Zone of its flagship property, the Longstreet Property, located near Tonopah, Nevada. The current drill program will encompass approximately 5,000 feet of Reverse Circulation drilling of varying depth up to 400 feet. The Program is designed to test a possible eastern extension of the proposed pit as outlined in the June 2014 Scoping Study [...]
Star Gold announced that Mr. Paul Coombs has been appointed to its Board of Directors. Mr. Coombs has over fifteen years of experience in the exploration and development of gold mining properties in North America, Europe and Africa. Mr. Coombs structured and supervised the financial operations for Falconbridge Ltd, Noranda Inc. and Xstrata PLC’s North American gold production. At the height of his responsibility, Mr [...]
Star Gold announced today that Ms. Judy Baker has been appointed to its Board of Directors. The Company also announced the resignation from the Board of Edwin Ullmer. Judy Baker was the CEO, a director and the founder of Superior Copper Corporation from June 2011 through January 2014. From September 2007 to June 2009, Ms. Baker was the President, CEO, and a director and the founder of Canada Lithium Corp., formerly Black [...]
Star Gold reported a Scoping Study of the Main Zone which is part of the Longstreet deposit completed by A-Z Mining Professionals of Ontario, Canada. The full version of the Scoping Study will be available on the Star Gold website. Highlights of the Scoping Study Include: Net Present Value (NPV): $13.3m at a 10% discount rate, pre-tax. Internal Rate of Return (IRR): 29%. Payback Period: 2.7 years. Capital Cost: $25....
Star Gold announced today the Company will host a conference call to discuss the completion of a Scoping Study on the Longstreet Project. A copy of the Scoping Study may be found after 4pm June 2nd 2014. The Company will host a conference call on Monday June 2nd at 4.30 EDT (1.30 PDT) to discuss the Scoping Study. The call will be hosted by David Segelov, President and Chief Executive Officer of Star Gold Corp....
Star Gold announced today that the Company released results from its metallurgical testing on the Main Zone as part of its flagship property, the Longstreet Property, located near Tonopah. These results conclude six months of testing from material taken from the adit on the Main Zone in 2013. Star Gold engaged McClellend Laboratories, Sparks, Nevada to undertake a metallurgical test work program on mineralized samples [...]
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