PR Newswire
COEUR D'ALENE, Idaho, Aug. 24, 2017
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 David Segelov stated "With the execution of these
two water rights agreements, Star Gold is able to tick off another requirement on the pathway to
an approved Plan of Operations and Environmental Impact Statement (EIS) for its proposed mine at Longstreet. The agreements
provide for some redundancy as they supply an amount of water somewhat larger than is, at this point, anticipated to be needed
for the proposed mine plan. Importantly, Star Gold will not be reliant on an allocation from the
State of Nevada and Star Gold expects that this development will speed the process of approval
of the Plan of Operations and toward the issuance of an EIS in the coming months."
About Star Gold Corp.
Star Gold is a gold exploration/development company with 125 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.
Investor Contact:
David Segelov
Office: 208-664-5066
Cell: 646-626-3356
dsegelov@stargoldcorp.com
info@stargoldcorp.com
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.
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SOURCE Star Gold Corp.
