SOURCE: Star Gold Corp.

May 25, 2011 15:25 ET

Star Gold Receives Preliminary Approval to Drill Longstreet Project From United States Forest Service

POST FALLS, ID--(Marketwire - May 25, 2011) - Star Gold Corp. (OTCBB: SRGZ) is pleased to announce it has received preliminary approval from the United States Forest Service (USFS) for its Plan of Operations to drill at its Longstreet Project subject to posting a bond, estimated at approximately $30,000. The Company has been approved to drill 48 exploratory holes which will allow Star Gold to conduct mineral exploration at Longstreet on National Forest lands. The core samples will provide the Company with a more thorough understanding of the potential to utilize leaching processes in the future to extract gold from the land.

Lindsay Gorrill, President of Star Gold, stated, "We have reached a major milestone in our fundamental progress and are delighted to inform our shareholders we expect to complete our objective of drilling these test holes by the end of the third quarter 2011. Star Gold is currently in the process of filing a bond with the USFS which will complete the approval process and allow the Company to proceed with drilling its core samples. The Company expects the bond filing process to be completed within the next few weeks. We believe the Longstreet Project offers great potential upside for the Company's future and its goal to become a successful gold producer."

About Star Gold Corp.

Star Gold Corp. is a gold and base metal exploration company with the purpose of evaluating, developing and acquiring gold projects of merit with a focus on the United States, Canada and Mexico. At present, Star Gold is focused on the exploration and development of its Excalibur Project and Longstreet Project, in Nevada, USA. For more information please visit www.stargoldcorp.com.

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."

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