SRGZ 8-K
Star Gold Corp. (SRGZ)
8-K
2020-05-27
For: 2020-05-26
View Original
Added on
April 07, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date of
Report (Date of earliest event reported)
May 26, 2020
STAR GOLD CORP.
(Exact name of registrant as specified in its charter)
NEVADA
(State or other jurisdiction of incorporation)
000-52711
(Commission File No.)
1875 N. Lakewood Dr., Suite 200
Coeur d’Alene, ID 83814
(Address of principal executive offices and Zip Code)
(208) 644-5066
(Registrant’s telephone number, including area
code)
Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2.
below):
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Written
communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
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ITEM 8.01 Other Events
On May
26, 2020, Star Gold Corp. (“Star Gold” or the
“Company”) issued a Press Release announcing the
availability of an updated report concerning the Company’s
Longstreet Project (the “Report”). The Report provides
an update regarding the status and progress of the Longstreet
Project. The Report also contains updated corporate and financial
information related to the Company and the Longstreet Project. The
Report is available on the Company’s website at www.stargoldcorp.com.
The Press Release is attached hereto as Exhibit 99.1
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Exhibit No.
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Document Description
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SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the Registrant
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated
this 26th
day of May, 2020.
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STAR GOLD CORP.
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BY:
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/s/
Kelly J. Stopher
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Kelly
J. Stopher, CFO
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EXHIBIT 99.1
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Star
Gold Corp. Provides Update for Longstreet Project
COEUR
D'ALENE, Idaho, May 26, 2020 -- Star Gold Corp. ("Star Gold" or the
"Company") (OTC Markets: SRGZ) is pleased to provide a detailed
updated Report for its plans on its Longstreet
Project.
Commenting
on the release of the update Report, David Segelov, President, Star
Gold stated, “This Report provides a detailed examination of
the Longstreet Project and more importantly outlines a pathway to
proceed. It further provides context as to the risks, timing,
mechanics of the Project and outlines some of the potential of the
Project.”
The
update Report is available on the Star Gold website
at:
Longstreet Project Update Report
In
January of 2010 Star Gold signed an agreement (the
“Longstreet Agreement”) to lease with an option to
acquire from MinQuest, Inc. (“MinQuest”), 60 unpatented
mining claims totaling approximately 490 hectares. The Company
completed its first phase of drilling in 2011. On July 9, 2010, the Company and MinQuest entered
into an amended agreement to add an additional 10 claims and
expanded the total to 70 unpatented claims. In addition, Star Gold
agreed to reimburse MinQuest for 5 claims leased from a third
party, Roy Clifford. The Longstreet Property comprises 125
mineral claims (75 original optioned claims, of which 70 are
unpatented staked claims and five claims acquired from local
ranchers (Roy Clifford et al)), as well as 50 claims subsequently
staked by Star Gold, covering a total area of approximately 2,500
acres (1,012 ha) (Figure 6-1). The claims are located within
Sections 9-17, 20, and 21 of T6N, R47E, MDB&M (Mount Diablo
Base Line & Meridian), Nye County. The entire 125 claims (the 5
claims covered by the Clifford Lease are not subject to the
Longstreet Agreement) comprise the Longstreet
Property.
On July
25, 2017, MinQuest assigned, conveyed and transferred to Great
Basin Resources, Inc. (“Great Basin”) all of the
rights, title and interest of Minquest in and to the Longstreet
Property and the Longstreet Agreement.
Of the
50 claims staked by Star Gold, 38 are adjacent to the eastern
boundary of the property and were staked with the objective of
providing a site for potential leach pads planned for future
development of the Main Zone (the “Leach Pad Claims”).
The remaining 12 claims staked by Star Gold lie along a corridor
leading from the main Longstreet property to the Leach Pad
Claims.
1875 N.
Lakewood Drive, Suite 200, Coeur d’Alene, ID
83814
Telephone:
1-208-664-5066 Fax: 1-208-664-5066
www.stargoldcorp.com
About Star Gold Corp.
Star
Gold is a gold exploration/development company with 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
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.
1875 N.
Lakewood Drive, Suite 200, Coeur d’Alene, ID
83814
Telephone:
1-208-664-5066 Fax: 1-208-664-5066
www.stargoldcorp.com