Star Gold’s 1 To 6 Reverse Split Effective And The Company’s Shares Are Currently Trading Under The Symbol SRGZD.OB

Star Gold Corp. ("Star Gold" or the "Company") (OTC Markets: SRGZD) is pleased to announce that its 1:6 reverse split became effective on February 02, 2012. The Company’s shares of common stock are temporarily trading under the symbol SRGZD.OB. The symbol will revert back to SRGZ.OB twenty (20) days from the effective date.

Lindsay Gorrill, President of Star Gold, stated, “I am pleased that we have been able to make what the Company feels are positive changes to the capital structure of Star Gold. The Company is also currently in the process of analyzing results from our late 2011 drill program and we expect to release information on those results in the near future.”

About Star Gold Corp.

Star Gold Corp. is a gold exploration company with the purpose of acquiring, evaluating and developing gold projects of merit with a focus on the United States, Canada and Mexico. At present, Star Gold is focused on the exploration and development of its Excalibur Project and Longstreet Project, in Nevada, USA. For more information please visit www.stargoldcorp.com.

Disclaimer

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Star Gold Corp (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings."