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COUER D’ALENE, Idaho, Jan 03, 2012 (BUSINESS WIRE) — Star Gold Corp. (“Star Gold” or the “Company”) (otc markets:SRGZ) is pleased to announce the appointment of David Segelov to the Company’s Board of Directors. David Segelov is a Chartered Financial Analyst (CFA) and earned a Masters of Business Administration from Columbia University in New York. He also holds a law degree from Sydney University. He is the sole partner of Reverse Swing Capital, a financial consulting firm. Reverse Swing Capital provides financial analysis of investments and ideas for hedge funds. Prior to starting Reverse Swing Capital, Segelov was an analyst at various hedge funds including, for five years, at Para Partners in New York. Mr. Segelov currently holds no other management positions with any other public companies. For the past six years Mr. Segelov has primarily focused on resource companies in the USA, Australia and Canada with an emphasis in gold investments. Mr. Segelov has invested in a range of early stage projects encompassing various types of metals; including being an early investor in open pittable gold mines in Mali and Ghana and projects developing silver in New South Wales. Mr. Segelov’s personal philosophy as an investor is to identify long range “holds” in an attempt to capture value along the curve as companies are able to find and add resources and prove those resources into a viable mine.


Lindsay Gorrill, CEO of Star Gold stated, “We are very excited to have David join our board, he will help the company in both accessing capital and provide great advice on the strategic focus of the Company as we continue working on the development of our Nevada Gold properties.”


For investor relations please contact:


Mr. Kelly Boatright The Windward Agency 1115 Colville Road Charlotte, North Carolina 28207 Toll Free: 866-583-6300


OR :


Kelly Stopher, CFO Stargold Corp 1-208-664-5066 Send your requests to [email protected]


About Star Gold Corp. Star Gold Corp. is a gold exploration company with the purpose of acquiring, evaluating and developing 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.”


SOURCE: Star Gold Corp.

The Windward Agency
Mr. Kelly Boatright
Toll Free: 866-583-6300
or
Stargold Corp
Kelly Stopher, CFO, 1-208-664-5066
[email protected]

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.