Announcement • Jun 17
Star Gold Corp. Receives BLM Approval to Advance Development Program at Longstreet Project Star Gold Corp. received approval by the United States Bureau of Land Management of an exploration, geotechnical testing, and well drilling campaign at its wholly owned Longstreet Project. The approved work program includes the development of 11 drill sites, 3 water wells, and 5 geotechnical test pits to facilitate heap leach pad engineering, across a total disturbance area of 3.7 acres on BLM claims. This approval clears a key regulatory milestone and positions the company to advance the technical and engineering work needed to move Longstreet toward development. The approved campaign is designed to advance Longstreet on several fronts at once, supporting both the resource and the broader path to development. The drilling program will continue to build confidence in the Longstreet resource, strengthening the company's understanding of grade and continuity within the established mineralized footprint. Alongside the drilling, the water wells and geotechnical test pits provide the foundational data required for heap leach pad engineering, work that is essential to defining how the project would ultimately be built and operated. Together, these activities do more than advance a single objective. They move the entire project forward, deepening confidence in the resource while generating the engineering and design data that underpins the next stage of development. This approval is critical to advancing the project development work that will facilitate the engineering needed to support approval of the required federal and state operational permits for the Longstreet Project. The company believes this represents a measured and methodical path forward, one focused on building a stronger, better-defined resource while systematically advancing the engineering and permitting work required to realize the project's full potential. Star Gold intends to provide further updates as program planning advances and field activities get underway. Announcement • May 05
Star Gold Corp Receives U S Forest Service Permit To Begin Road Restoration Work At Longstreet Gold Silver Project Star Gold Corp. announced receipt of an approved Use Permit from the U.S. Forest Service authorizing roadbed repair and maintenance work along approximately 2.56 miles of Forest Service Trail 24208 (Windy Canyon), the critical access corridor to the Company's 100%-owned Longstreet Gold-Silver Project in Nye County, in Nevada's Walker Lane mineral belt. The permit was issued by the Austin-Tonopah Ranger District of the Humboldt-Toiyabe National Forest (USFS Region 4, Intermountain Region) and authorizes the use of heavy equipment within the existing road prism to restore the access road to Level 2 Operational/Objectives standards. With the permit now in hand, Star Gold is positioned to mobilize immediately and begin the preparatory groundwork that underpins all subsequent activity at the Longstreet Project. Work authorized under the permit will be conducted within the existing road prism and is designed to restore safe, reliable access to the Longstreet Project site. Authorized activities include: Roadbed repair and grading along approximately 2.56 miles of FS Trail 24208; Repair and maintenance of five drainage crossings and side-ephemeral drainage channel road crossings; Rock fill and stabilization of ditches using 2"–6" angular rock for minor ditches and rock up to 2' for larger trenching; Road base placement over the repaired roadbed surface; Installation of rolling dips and/or turnouts for water management in accordance with approved design specifications; Maintenance of existing drainage features along the corridor. All materials will be transported to the project area clean and weed-free, with no on-site material sourcing permitted. Temporary construction turnaround locations will be approved by U.S. Forest Service personnel in the field. Pre- and post-repair road feature logs will be completed and submitted to the Forest Service upon project completion. Road access restoration is the immediate prerequisite for the Company's continued on-site technical work and marks the beginning of a planned sequence of activities at the Longstreet Project. Star Gold expects work to commence in May 2026. The Longstreet Gold-Silver Project is Star Gold's flagship 100%-owned asset, spanning approximately 2,600 acres across 137 unpatented mining claims in Nye County, Nevada. The project hosts a resource of over 213,000 gold-equivalent ounces based on the Company's SK-1300 compliant technical report completed in December 2025 and is being advanced toward an open-pit, heap-leach production scenario. The project is located in Nevada's Walker Lane mineral belt, a region historically responsible for more than 15 million ounces of gold production and sits in close geological proximity to operations of major producers in the region. Announcement • Feb 26
Star Gold Corp. announced that it has received $3.678 million in funding from Myrmikan Capital LLC Star Gold Corp. announced and completed a non-brokered private placement of 91,950,000 Units of the company at a price per share of $ 0.04 for gross proceeds of $3,678,000 February 26, 2026. Each Unit consists of (i) one share of (1) common stock of the Company and (ii) one non-transferable common share purchase warrant. Each Warrant entitles the holder to purchase one-half of one additional Share at an exercise price of $0.08 per whole Share for a period of 12 months from the date of issuance. The transaction involves participation from new investor Myrmikan Gold Fund, LLC and individual investor Bob Moriarty from 321gold.com. In addition, insider participation totaled $578,231 through the conversion of debt and cash, representing 15.7% of the placement, with contributions from CEO Lindsay Gorrill, Board Director David Segelov, Managing Partner of Reverse Swing Capital, Tom Power, CEO of Sunshine Minting, and CFO Gerry Pascale.