Star Gold Corp. is a pre-development stage mineral company with no producing mines. Mineral exploration is essentially a research activity that does not produce a product. The Company acquires properties which it believes have potential to host economic concentrations of minerals, particularly gold and silver. These acquisitions have and may take the form of unpatented mining claims on federal land, or leasing claims, or private property owned by others. An unpatented mining claim is an interest, that can be acquired, in the mineral rights on open lands of the federally owned public domain. Claims are staked in accordance with the Mining Law of 1872, recorded with the federal government pursuant to laws and regulations established by the Bureau of Land Management. The Company intends to remain in the business of exploring for mining properties that have the potential to produce gold, silver, base metals and other commodities.
Company profile
Ticker
SRGZ
Exchange
Website
CEO
David Segelov
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
Elan Development Inc
SEC CIK
SRGZ stock data
Latest filings (excl ownership)
10-Q
2023 Q2
Quarterly report
14 Dec 22
10-Q
2023 Q1
Quarterly report
14 Sep 22
10-K
2022 FY
Annual report
29 Jul 22
DEF 14C
Information statement
8 Mar 22
10-Q
2022 Q3
Quarterly report
8 Mar 22
10-Q
2022 Q2
Quarterly report
15 Dec 21
10-Q
2022 Q1
Quarterly report
13 Sep 21
10-K
2021 FY
Annual report
4 Aug 21
NT 10-K
Notice of late annual filing
30 Jul 21
8-K
Departure of Directors or Certain Officers
6 May 21
Financial summary
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Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 11.40 k | 11.40 k | 11.40 k | 11.40 k | 11.40 k | 11.40 k |
Cash burn (monthly) | (no burn) | 4.11 k | 17.17 k | 26.16 k | 46.52 k | 22.28 k |
Cash used (since last report) | n/a | 13.47 k | 56.21 k | 85.67 k | 152.33 k | 72.95 k |
Cash remaining | n/a | -2.07 k | -44.81 k | -74.27 k | -140.93 k | -61.55 k |
Runway (months of cash) | n/a | -0.5 | -2.6 | -2.8 | -3.0 | -2.8 |