en.Wedoany.com Reported - Star Gold Corp. announced on May 4, 2026, that it has received a permit from the U.S. Forest Service to begin road rehabilitation for its Longstreet gold-silver project located in Nye County, Nevada. The permit covers approximately 2.56 miles of Trail 24208, a critical access route to the project property. Company CEO Lindsay Gorrill stated: "Obtaining this permit is a significant step forward for the Longstreet project. Restoring reliable road access is foundational for subsequent work, including bringing in equipment and advancing on-site technical activities."

The authorized work includes roadbed rehabilitation, drainage crossing maintenance, ditch filling, road base placement, and the installation of water management facilities. Work is expected to commence in May 2026. On the same day, an analyst at Atrium Research noted that the gold market experienced a slight dip due to geopolitical factors, but the long-term outlook remains bullish. The gold price has risen 43.4% over the past year, indicating a strong upward trend.

Analysts John Newell and Stewart Thomson each gave positive assessments of Star Gold, with the latter assigning a "Strong Speculative Buy" rating and a target price ranging from $0.20 to $5.40. The company has secured private water rights for the Longstreet project and submitted its plan of operations. Star Gold Corp. has a market capitalization of CAD 25.69 million, with insiders holding approximately 20.94% of the shares.

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