# Star Gold Corp. Announces Positive Preliminary Economic Assessment for the Longstreet Gold-Silver Project in Nevada

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/star-gold-corp-announces-positive-preliminary-economic-assessment-for-the-longst--3de5cd93-2783-4019-945c-e632f24268cf

Original source: https://orestocks.com/company/SRGZ/press-releases/8088307020162975

Publisher: orestocks

Original announcement: 2026-09-22T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Star Gold Corp.

- Ticker: SRGZ

- Exchange: Unavailable

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Economic study, Resource update

- Extracted: 2026-09-22 13:34:35 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

Star Gold Corp. has released a Preliminary Economic Assessment \(PEA\) for the Longstreet Gold-Silver Project in Nevada. The base case study reports a pre-tax NPV of $87 million and a 48% IRR, utilizing a crushed heap-leach mining method.

Reasoning: The PEA presents robust economics for a heap-leach operation with high IRR and rapid payback, though it remains at a conceptual stage.

- Positive factor: Strong pre-tax IRR of 48% in base case

- Positive factor: Rapid payback period of 1.7 years

- Positive factor: Low strip ratio of 0.8:1

- Positive factor: Significant resource upside mentioned beyond the PEA pit

- Negative factor: PEA is a low-confidence study class \(AACE 5/PEA\)

- Negative factor: Includes inferred resources which are speculative

Facts used in scoring: 1

## Classification and evidence

**PEA Only**

Polarity: neutral

Definition: Only Class 4 / Initial Assessment economics available. Not bankable.

Why it applies: The announcement is for a Preliminary Economic Assessment \(PEA\) prepared under S-K 1300.

Evidence · text

> announced the results of a Preliminary Economic Assessment \("PEA"\) prepared in accordance with S-K 1300

**High IRR**

Polarity: positive

Definition: Post-tax real unlevered IRR in the strong tier or better.

Why it applies: The base case pre-tax IRR of 48% is in the strong tier.

Evidence · table

> 48 %

Context: $87 million

**Fast Payback**

Polarity: positive

Definition: Payback in the strong tier or better, on the required basis.

Why it applies: The pre-tax payback period of 1.7 years is in the strong tier.

Evidence · table

> 1.7 years

Context: 48 %

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The study includes inferred mineral resources which are speculative.

Evidence · text

> It includes inferred mineral resources that are considered too speculative geologically

## Extracted facts

Stored fact records: 0. Some facts used in scoring do not have a stored record.

No stored fact records are available for this extraction.

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.