posted in:

Star Gold announces additional drill results

Friday, Nov 16, 2012

COEUR D'ALENE, Idaho, Nov. 15, 2012 /PRNewswire/ -- Star Gold Corp. ("Star Gold" or the "Company") (OTC Markets: SRGZ) announced today drill results for the additional four (4) holes drilled at its Main Target on the Longstreet property.

Star Gold announced on October 5, 2012 that it had secured a reverse circulation rig for the express purpose of exploring an anomaly around previously released hole LS-1212. The area of interest is to the west of the hole – an area of 200 by 200 feet that had never been drilled. Three holes exhibited >0.01 oz/t (0.35g/t) over 100m and 2 holes had >0.01 oz/t (0.35g/t) over 200m.

David Segelov, CEO, Star Gold commented "These results are consistent with our expectations and demonstrate that the Longstreet property has as yet unexplored areas with the potential to garner additional drilling attention in the future. Of interest is the area congruent to LS-1227 which remains undrilled, of dimensions 400ft by 400 feet down-dip.  With only a portion of the target drilled, Main will continue to be a target for further drilling and expansion in 2013."

See Complete 2012 Drilling Table

Investor Contact:
David Segelov
Office: 208-664-5066
Cell: 646-626-3356
dsegelov@stargoldcorp.com
info@stargoldcorp.com


About Star Gold Corp.
Star Gold is a gold exploration/development company with 65 unpatented claims and located within the prolific Walker Lane belt. The Company is currently focused on developing its flagship project, Longstreet Gold Project The Longstreet Gold Project is located 48 kilometers southeast of the Round Mountain Mine in Nye County, Nevada.

Disclaimer
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Star Gold Corp (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings.

SOURCE Star Gold Corp.

posted in:

Other Mining News

Lakeland Resources Inc. expands high priority Lazy Edward Bay Uranium Property, Southern Athabasca Basin 25-04-2014
Comstock Mining to participate at the current trends in mining finance conference hosted by the Society for Mining, Metallurgy & Exploration Inc. 25-04-2014
Sierra Metals expands mining of the Bolivar mine, Chihuahua, Mexico and initiates aggressive regional exploration 25-04-2014
Patriot Coal to reduce coal production 24-04-2014
Ore grades spike in North Raise area of LKA's Golden wonder mine 21-04-2014
Marathon completes successful sprite zone winter drilling program, Valentine Lake property 18-04-2014
Aureus Mining Inc. - appointment of MonuRent to provide and maintain fleet for owner mining operation at the New Liberty Gold Project in Liberia 18-04-2014
Vista Gold Corp. announces option agreement on the Guadalupe de los Reyes project 16-04-2014
Ivanhoe Mines' drilling program extends depths of rich zinc and copper zones at the Kipushi Mine in D.R. Congo 16-04-2014
Vorkutaugol to commission 11 new coal faces across its mines in 2014 16-04-2014

Advertisers