Keep Star Gold Corp. (SRGO.OB) on Radar

  @ibtimes on February 10 2009 8:01 AM

Star Gold Corp. engages in the acquisition and exploration of mineral properties. They are a gold and base metal exploration company with the purpose of evaluating, developing, and acquiring quality gold projects with a focus on the United States, Canada, and Mexico. They trade on the OTCBB as part of the Industrial Metals and Minerals industry in the Basic Metals sector.

The Company’s Excalibur Property is approximately 20 miles southwest of Mina, Nevada. It is on the westerly facing slope of Moho Mountain. Their land position here consists of eight unpatented mining claims covering a mineralized zone about 1000 meters long and 330 meters wide. Alteration consists of sheared and iron-stained shale and sandstone of the Triassic Excelsior Formation.

The Excalibur Property was originally located and explored by Alta Gold from 1996 to 1999. Alta drilled at least four holes in this area. MinQuest sampling has not confirmed high values in this area as of yet. MinQuest geologists have collected grab samples from the mineralized area and outlying altered areas. MinQuest recommends a mapping and sampling program to define further mineralization.

Lindsay Gorrill is President of Star Gold Corp. He has a BAA Finance and Marketing (1987) and is a Chartered Accountant-Institute of Chartered Accountants (B.C.). His studies include geological studies as well as other professional courses and seminars.

Join the Discussion