Star Gold Reports Drilling Results For Longstreet Project
COEUR D'ALENE, ID - Star Gold Corp. has completed, for 2013, drilling on the Main Zone of the Longstreet Project in Nye County, Nevada and released the highlights of the results of the last fourteen (14) holes drilled. These fourteen holes totaled 4,680 feet and the total drilling program for 2013 at the Main Zone encompassed 20 holes totaling 6,930 feet. All holes drilled were reverse circulation (RC) holes.
The 2013 drilling program was designed to infill drill portions of the Main Zone which were not captured in the calculations of the Technical Report dated December 2012 issued by Agnerian Consultants. Four (4) holes of the twenty drilled were outside the proposed pit area outlined in the February 2013 Technical Report.
Highlights of the drilling include: Infill drill holes were consistent with the block models outlined in the Feb 2013 Technical Report; LS-1309 which sits in the center of Main Zone was drilled to 225 ft and produced 0.033 oz/t gold equivalent (AuEq); LS-1313, also in the center of the Main Zone, north of LS-1309, was drilled to 40 ft and produced 0.051oz/t gold equivalent (AuEq); LS-1308, drilled on the southeastern edge of the Main Zone across the Opal Ridge Fault, revealed what we believe to be a new discovery either in or beyond the fault (280-340 ft). The 60 foot intercept averaged 0.017 oz/ton gold equivalent (AuEq); LS-1319, drilled 200 ft east of the proposed pit intersected 50 ft of +0.01 oz/ton gold equivalent (Au Equiv.). including 5 feet of 0.166 oz/ton Au and 54.3 oz/ton Ag, the highest silver assay we've produced at Longstreet; LS-1320 was abandoned due to poor ground conditions.
"A number of potentially significant findings emerged from the 2013 drilling program at Longstreet which continued to show the continuity of the deposit. Most noteworthy, were the drill results outside the proposed pit area which have opened up possibilities to extend to the east of the outlined pit," said Scott Jenkins, Director of Exploration and Chief Geologist of Star Gold Corp. "Moving forward, our goal is to tie the drilling on the Main Zone to a definable pit. Our next steps are to integrate these 2013 drill holes into an updated Technical Report and the near-term release of our metallurgical work."