Star Gold Corp. announced the completion of the Noland Report 2025 for its Longstreet gold-silver project in Nevada.
The report highlights a significant mineral resource with favorable economics for open-pit, heap-leach mining.
Key investment catalysts include clear ownership, prime location in Nevada, geology characteristics, near-term catalysts, and proven metallurgy.
Total Resource
11.1 million tons containing 213,082 ounces AuEq (132,414 oz Au + 4.84 million oz Ag)
Indicated Resource
8.7 million tons @ 0.0199 opt AuEq containing 172,944 ounces
Inferred Resource
2.4 million tons @ 0.0167 opt AuEq containing 40,138 ounces
Favorable Strip Ratio
1.73:1 - significantly enhancing project economics
Economic Pathway
Recommendation of a $1.74 million Phase II program for resource expansion and development activities.
- The completion of the technical report signifies the economic potential of the Longstreet project with key indicators like low strip ratio and favorable metallurgy.
- Additional drilling is crucial to enhance resource grade and conversion of inferred resources to indicated status.
- The proximity to producing operations and the favorable oxide material for heap leach recovery add to the project's feasibility.
The Noland Report 2025 demonstrates significant economic potential for Star Gold Corp.'s Longstreet project, paving the way for further development activities and potential production.