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Star Gold Appoints David Segelov as Chief Development Officer Focusing on Designing and Implementing Strategic Planning, Financing and Investor Relations Programs

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Coeur d?Alene, Idaho, January 17, 2012 /FSC/ - Star Gold Corp. (SRGZ - OTC Pink)("Star Gold" or the "Company") is pleased to announce that David Segelov has been appointed to the position of Chief Development Officer. Mr. Segelov's duties will include designing and implementing the Company's strategic planning, financing and investor relations programs. Mr. Segelov was recently appointed to the Star Gold Board of Directors and will continue in that position. Segelov, as stated in the press release announcing his appointment to the Board, has years of experience in analyzing and investing in natural resource companies with a specialization in gold exploration and production.

Lindsay Gorrill, President of Star Gold stated, "I am very pleased to be working with David on the strategy of how we finance Star Gold and present ourselves to the market going forward. David has the experience of structuring and participating in the financings of many natural resource companies and can share his knowledge, experience and relationships to our benefit. As my expertise is in building natural resource companies, I realize how much time and energy can be spent on financing and presenting to the market and I am confident that working with David on this will allow me to focus on operations and growing Star Gold into a meaningful gold producer, with David's help in developing a sound financial plan."

Investor Contact

Mr. Kelly Boatright; The Windward Agency 1115 Colville Road Charlotte, North Carolina 28207 Toll Free: 866-583-6300

OR:

Kelly Stopher, CFO Star Gold Corp. 1-208-664-5066. Send your requests to info@stargoldcorp.com

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."

To view this release as a web page, please click on the following link:

http://www.usetdas.com/pr/stargold01172012.htm

Maximum News Dissemination by Filing Services Canada Inc. http://www.usetdas.com

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