secwatch.observer — SEC 8-K summary
======================================

Issuer:     Star Gold Corp. (SRGZ)
CIK:        0001401835
Form:       8-K
Filed at:   2026-10-07T00:26:56+00:00
Accession:  0001437749-26-032255
Event type: other_material
Sentiment:  positive
Materiality: 0.72
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Star Gold PEA: Longstreet pre-tax NPV $87M, 48% IRR at $3,600/oz gold; 88,587 oz LOM output
--------------------------------------------------------------------------------

- Pre-tax NPV (5%) of $87M with 48% IRR and 1.7-year payback at $3,600/oz Au and $48/oz Ag; after-tax NPV $67M, IRR 40%.
- Sensitivity case at $4,000/oz gold and $60/oz silver raises pre-tax NPV to $122M and IRR to 63%.
- Life-of-mine payable production of 88,587 oz gold and 354,701 oz silver; AISC $1,729/oz, cash cost $1,617/oz, initial capital ~$70M.
- Mine plan processes 6.55M tons of ore at a 0.81:1 strip ratio; M&I resource of 6.3M tons at 0.016 oz/t Au holds 103,900 oz gold and 2.64M oz silver.
- 2026 program, authorized by USFS and BLM, includes the first deep hole at Opal Ridge; CEO Lindsay Gorrill cites undrilled Red Knob and Cyprus Ridge targets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1401835/000143774926032255/0001437749-26-032255-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1401835/000143774926032255/srgz20260922_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-032255

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer