Star Gold is an early-stage mineral exploration company targeting gold and silver deposits in the western United States. The company does not produce or sell minerals and currently has no producing mines. Star Gold’s sole property is the Longstreet Project in Nevada, which consists of 142 mining claims across approximately 2,500 acres. Operations involve geological fieldwork, soil and rock sampling, mapping, and drilling to identify and confirm mineralization. The company’s strategy involves proving the economic viability of these deposits to either develop a mine or sell the interest to a larger mining company. Star Gold maintains no internal staff and operates entirely through independent contractors and consultants. As an exploration-stage entity with no revenue, Star Gold funds its drilling and administrative expenditures through equity financing. If the Longstreet Project enters production, Star Gold owes a 3% Net Smelter Royalty (NSR) to third-party entities. The business model relies on identifying mineral resources that can be commercialized or sold.