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Star Gold Releases 2012 Preliminary Drilling Results from Longstreet Property

Star Gold has reported the assay results from the initial nine holes drilled during 2012 Phase I program carried out at the Longstreet property, which is located in Nevada. The two objectives of the phase I drill campaign are to extend to two fresh regions at North and Opal Ridge, and to extend by drilling to 400 ft of depth.

A plan map of drill hole locations at the Longstreet property

Eight holes had more than 100 ft thickness of intercepts having +0.01 oz/t Au Eq. Two holes, LS-1202 and 1209, had thickness of about 300 ft. Three other holes, LS-1203, 1206 and 1207, had widths of about 200 ft. The subsequent batch of holes drilled at Main will examine the down down-dip expansions. The company intercepted 1.813 oz/t gold and 1.16 oz/t silver over 5 ft in drill hole LS-1205.

Hole LS-1201 was specifically drilled at the Opal Ridge target just towards the southeastern part of Main. Opal Ridge target is the down-faulted southeast expansion of Main. The company drilled this hole for 480 ft vertically. Additional drill program is intended to explore for the Main resource’s potential faulted off portion.

The company is expecting to drill 20 or more holes during the 2012 Phase I campaign, which may be completed by this December. The program will include the initial testing of the North target area situated about 2,000 ft towards Main’s northern part. Many core holes are twin-drilled and validate historic and present drilling results, while most of the drilling will be angled reverse circulation holes.

The company compiled, logged and sent all the drill samples in five foot intervals to Nevada-based ALS Chemex Labs for analysis.

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G.P. Thomas

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G.P. Thomas

Gary graduated from the University of Manchester with a first-class honours degree in Geochemistry and a Masters in Earth Sciences. After working in the Australian mining industry, Gary decided to hang up his geology boots and turn his hand to writing. When he isn't developing topical and informative content, Gary can usually be found playing his beloved guitar, or watching Aston Villa FC snatch defeat from the jaws of victory.

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