Star Gold Corp. Announces Initiation of Exploration Program at Excalibur Project, Nevadaadmin
Star Gold Corp., a gold and base metal exploration company, announced that it has initiated a work program on its Excalibur project, located 20 miles southwest of Mina, Nevada. Geologic mapping and geochemical sampling are planned and will be centered on the currently held claims. Geochemical samples will be analyzed for gold, silver and associated elements.
Lindsay Gorrill, Star Gold’s President and Chief Executive Officer (CEO), states: “We are pleased to begin work on our Excalibur Project. Given previous reported observations on the claims, we look forward to obtaining new data that will allow us to better gauge our project.”
The Excalibur Project is located within a major gold/silver producing belt know as the Walker Lane, which hosts the nearby Borealis and Goldfield districts. The current land position consists of eight (8) unpatented mining claims covering a mineralized zone approximately 3,000 feet long and 600-1,000 feet wide.
Star Gold has contracted MinQuest Inc., a private mineral exploration company based in Reno, Nevada, to conduct the work program. Included in the program will be the mapping of rock types, alteration and structure, as well as rock chip sampling of any alternation found. Work is anticipated to be completed and professional recommendations made by late spring, 2009.
MinQuest Inc. states: “Excalibur’s alteration consists of sheared, silicified and iron oxide-stained shale and sandstone of the Triassic Excelsior Formation. Initial work indicates that there are three additional areas of alteration located nearby.”