Star Gold Corp Commences 2012 Drill Program
COEUR D'ALENE, Idaho, May 23, 2012 /PRNewswire/ -- Star Gold Corp. ("Star Gold" or the "Company") (OTC Markets: SRGZ) is pleased to announce that it will commence drilling in early June 2012 on its Longstreet property. This will be the first phase of a two phase program for 2012. It is designed to explore areas which have remained largely untouched as well as increasing depth at existing known oxidized zones at Main.
The drill program will involve at least 25 reverse circulation holes and 4 core holes to varying depths up to 500 feet. Drilling should take the better part of June with results to be released later in the Summer of 2012.
David Segelov, President of Star Gold commented, "This drill program has been carefully designed to expand our understanding of the Longstreet Property. For the first time core drilling will be performed at Main. This will give the Company an understanding of the depth of the oxidized zone. Even more exciting is that for the first time the structure at North will be drilled."
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About Star Gold Corp.
Star Gold is a gold exploration/development company formed in 2006 for the purpose of evaluating, acquiring and developing Gold projects in United States with a focus on Nevada. Star Gold develops properties that are 100% owned.
For more information please visit http://www.stargoldcorp.com.
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.