Star Gold to Host Conference Call on Updated Technical Report by
Paul Noland
COEUR D'ALENE, ID--(Marketwired - Mar 10, 2014) - Star Gold
Corp. ("Star Gold" or the "Company") (OTCQB: SRGZ) today announced
that it will host a conference call on March 11, 2014, to discuss
its updated and expanded Technical Report for the Longstreet Gold
Project. The Technical Report was produced for the Company by Paul
Noland.
The Technical Report may be found after 4pm Eastern Daylight
Time, March 11th 2014 at:
http://www.stargoldcorp.com
The Company will host a conference call on Tuesday March 11th,
2014, at 4:15 pm EDT to discuss the updated Technical Report. The
call will be hosted by David Segelov, President and Chief Executive
Officer of Star Gold Corp.
You can join the call by dialing:
Canada & USA Toll Free Dial In: 1-800-319-4610
Outside of Canada & USA call: +1-604-638-5340
Callers should dial in 5 - 10 min prior to the scheduled start
time and simply ask to join the Star Gold Corp call.
After the conclusion of the conference call, access to a
recording of the call will be provided by the Company via its
website at http://www.stargoldcorp.com.
Additionally, an archived replay of the webcast will be
available for 7 days. Operator Assisted Toll-Free Dial-In Number:
1-800-319-6413. Code
1379 followed by the # sign.
About Star Gold Corp. Star Gold is a gold
exploration/development company with 115 unpatented claims and
located within the historically prolific Walker Lane belt. The
Company is currently focused on developing its flagship property,
Longstreet Gold Project. The Longstreet Gold Project is located in
Nye County, Nevada.
Disclaimer 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."
CAUTIONARY STATEMENT REGARDING MINERAL RESOURCES This Press
Release and/or other information that may be released by the
Company in the future uses the terms "resources," "measured
resources," "indicated resources" and "inferred resources." United
States investors are advised that, while such terms are recognized
and required by Canadian securities laws, the SEC does not
recognize them. Under United States standards, mineralization may
not be classified as a "reserve" unless the determination has been
made that the mineralization could be economically and legally
produced or extracted at the time the reserve determination is
made. Mineral resources that are not mineral reserves do not have
demonstrated economic viability. United States investors are
cautioned not to assume that all or any part of measured or
indicated resources will ever be converted into reserves. Inferred
resources are in addition to measured and indicated resources.
Further, inferred resources have a great amount of uncertainty as
to their existence and as to whether they can be mined legally or
economically. It cannot be assumed that all or any part of the
inferred resources will ever be upgraded to a higher category.
Therefore, United States investors are also cautioned not to assume
that all or any part of the inferred resources exist, or that they
can be mined legally or economically. National Instrument 43-101
Standards of Disclosure for Mineral Projects ("NI 43-101") is a
rule developed by the Canadian Securities Administrators, which
established standards for all public disclosure an issuer makes of
scientific and technical information concerning mineral projects.
Unless otherwise indicated, all resource estimates contained in
this Press Release and in press releases by the Company in the
future, have been or will be prepared in accordance with NI 43-101
and the Canadian Institute of Mining, Metallurgy and Petroleum
Classification System. The requirements of NI 43- 101 are not the
same as those of the SEC.
The terms "mineral reserve," "proven mineral reserve" and
"probable mineral reserve" are Canadian mining terms as defined in
accordance with Canadian National Instrument 43-101 - Standards of
Disclosure for Mineral Projects ("NI 43-101") and the Canadian
Institute of Mining, Metallurgy and Petroleum (the "CIM") - CIM
Definition Standards on Mineral Resources and Mineral Reserves,
adopted by the CIM Council, as amended. These definitions differ
from the definitions in the United States Securities and Exchange
Commission ("SEC") Industry Guide 7 under the United States
Securities Act of 1933, as amended (the "Securities Act"). Under
SEC Industry Guide 7 standards, a "final" or "bankable" feasibility
study is required to report reserves, the three-year historical
average price is used in any reserve or cash flow analysis to
designate reserves and the primary environmental analysis or report
must be filed with the appropriate governmental authority.
In addition, the terms "mineral resource," "measured mineral
resource," "indicated mineral resource" and "inferred mineral
resource" are defined in and required to be disclosed by NI 43-101;
however, these terms are not defined terms under SEC Industry Guide
7 and are normally not permitted to be used in reports and
registration statements filed with the SEC. Investors are cautioned
not to assume that all or any part of a mineral deposit in these
categories will ever be converted into reserves. "Inferred mineral
resources" have a great amount of uncertainty as to their
existence, and great uncertainty as to their economic and legal
feasibility. It cannot be assumed that all or any part of an
inferred mineral resource will ever be upgraded to a higher
category. Under Canadian rules, estimates of inferred mineral
resources may not form the basis of feasibility or pre-feasibility
studies, except in rare cases. Investors are cautioned not to
assume that all or any part of an inferred mineral resource exists
or is economically or legally mineable.
Disclosure of "contained ounces" in a resource is permitted
disclosure under Canadian regulations; however, the SEC normally
only permits issuers to report mineralization that does not
constitute "reserves" by SEC Industry Guide 7 standards as in place
tonnage and grade without reference to unit measures.
Subject to the forgoing Cautionary Statement, the following are
the definitions of the terms used in the Longstreet NI 43-101
Report:
NI 43-101 Definitions:
Indicated mineral resource: The term "indicated mineral
resource" refers to that part of a mineral resource for which
quantity, grade or quality, densities, shape and physical
characteristics can be established with a level of confidence
sufficient to allow the appropriate application of technical and
economic parameters, to support mine planning and evaluation of the
economic viability of the deposit. The estimate is based on
detailed and reliable exploration and testing information gathered
through appropriate techniques from locations such as outcrops,
trenches, pits, workings and drill holes that are spaced closely
enough for geological and grade continuity to be reasonably
assumed.
Inferred mineral resource: The term "inferred mineral resource"
refers to that part of a mineral resource for which quantity and
grade or quality can be estimated on the basis of geological
evidence and limited sampling and reasonably assumed, but not
verified, geological and grade continuity. The estimate is based on
limited information and sampling gathered through appropriate
techniques from locations such as outcrops, trenches, pits,
workings and drill holes.
Measured mineral resource: The term "measured mineral resource"
refers to that part of a mineral resource for which quantity, grade
or quality, densities, shape and physical characteristics are so
well established that they can be estimated with confidence
sufficient to allow the appropriate application of technical and
economic parameters to support production planning and evaluation
of the economic viability of the deposit. The estimate is based on
detailed and reliable exploration, sampling and testing information
gathered through appropriate techniques from locations such as
outcrops, trenches, pits, workings and drill holes that are spaced
closely enough to confirm both geological and grade continuity.
Investor Contact: David Segelov Office: 208-664-5066 Cell:
646-626-3356
dsegelov@stargoldcorp.com info@stargoldcorp.com
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