Star Gold Corp. Secures Long Term Lease of Required Water Rights to Advance Development of the Longstreet Gold Project
Star Gold Corp. secured a long-term lease covering 2,471 acre feet of water rights for its flagship Longstreet Gold Project in Nye County, Nevada. Planned operations require roughly 600 acre feet per year, or about 720 with a 30% contingency, so the secured supply is more than three times the contingency-adjusted need and covers dry-year conditions.
Key figures
- Project location
- approx. 57 miles northeast of Tonopah, NV (Walker Lane Belt)
- Annual consumption acre feet
- 600
- Water rights leased acre feet
- 2471
- Supply coverage vs contingency
- more than three times
- Annual consumption acre feet with contingency
- 720
AI analysis
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