Star Gold Corp. (OTCQB: SRGZ) received an approved Use Permit from the U.S. Forest Service that authorizes roadbed repair and maintenance along approximately 2.56 miles of Forest Service Trail 24208, the critical access corridor to its Longstreet Gold‑Silver Project in Nye County, Nevada.
The permit enables the company to mobilize heavy equipment and begin the preparatory groundwork that underpins all subsequent activity at Longstreet. Restoring reliable road access is the foundational first step to getting equipment on site, advancing technical work, and executing the path to production.
Star Gold owns 100% of the Longstreet Project, an advanced‑stage, open‑pit heap‑leach operation that hosts a resource of 213,082 gold‑equivalent ounces in 11.1 million tons of ore. The project sits within Nevada’s Walker Lane mineral belt and is positioned to take advantage of the state’s Tier‑1 mining jurisdiction.
In February 2026, the company closed a $3.68 million non‑brokered private placement to fund mine development and exploration at Longstreet. CEO Lindsay Gorrill said, “Receiving this Forest Service permit is a meaningful and tangible step forward for the Longstreet Project. Restoring reliable road access is the foundational first step to everything that follows, getting equipment in, advancing our on‑site technical work, and executing on our path to production. With gold prices where they are today, every day of progress at Longstreet matters, and we're focused on disciplined, efficient execution.”
With the permit in hand, Star Gold can move from planning into execution, bringing the project closer to a potential open‑pit, heap‑leach production scenario that the company expects to achieve after final permitting in Q3 or Q4 2027.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.