checkAd

     410  0 Kommentare Star Gold Issues New Technical Report on Longstreet Gold-Silver Property - Seite 2

    "This is a different examination of the Longstreet Main Zone. Noland's pit is substantially larger and includes more tonnage than what we had previously thought," said David Segelov, President and CEO of Star Gold Corp.

    Further, the Noland Report makes two recommendations for further exploration work including:

    • A Phase 1 program focused on the Opal Ridge fault and parts to the east of the Main Zone where the highest grade silver ever found on Main zone was drilled in 2013 (hole LS-1319).
    • A Phase 2 program should be undertaken to test the primary high-grade target at Cyprus Ridge. According to the Noland Report "The discovery of a Midas or Fire Creek style deposit would instantly change the economics of Longstreet for a minimal cost."

    QUALIFIED PERSONS

    Paul D. Noland is a Qualified person as set out in NI-43-101 and is Certified Professional Geologist #11293 from AIPG, member of Geological Society of Nevada. Paul D Noland is responsible for all sections of the Noland Report.

    About Star Gold Corp.

    Star Gold is a gold exploration/development company with 115 unpatented claims located within the Walker Lane belt. The Company is currently focused on developing its flagship property, the Longstreet Property. The Longstreet Property is located in Nye County, Nevada.

    Disclaimers

    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.

    Seite 2 von 4




    Verfasst von Marketwired
    Star Gold Issues New Technical Report on Longstreet Gold-Silver Property - Seite 2 COEUR D'ALENE, ID--(Marketwired - Mar 11, 2014) - Star Gold Corp. ("Star Gold" or the "Company") (OTCQB: SRGZ) today announced that it has released an updated and expanded Technical Report covering its flagship property, the Longstreet Property, …

    Schreibe Deinen Kommentar

    Disclaimer