Star Gold secures long-term water rights lease for Longstreet gold project
SRGZ•Star Gold secured a long-term lease covering 2,471 acre-feet of water rights for Nevada’s Longstreet gold project, more than three times its estimated contingency-adjusted annual requirement of 720 acre-feet.
1. Water rights secured
Star Gold secured a long-term lease covering 2,471 acre-feet of water rights for Nevada’s Longstreet gold project. The supply exceeds the estimated contingency-adjusted annual requirement of 720 acre-feet and is intended to cover planned heap-leach operations. Surplus capacity could support increased throughput as additional resources are confirmed, while secured water availability allows detailed engineering and permitting to advance in parallel using a fixed supply assumption.
