SECURITIES AND EXCHANGE COMMISSION

                           Washington, D.C. 20549

                                   FORM 12b-25

                    Commission File Number 00052711

                           NOTIFICATION OF LATE FILING

(Check One): {X} Form 10-KSB { } Form 11-K {_} Form 20-F { } Form 10-QSB

{_} Form N-SAR

 for Period Ended: April 30, 2008

{_}  Transition Report on Form 10-KSB

{_}  Transition Report on Form 20-F

{_}  Transition Report on Form 11-K

{_}  Transition Report on Form 10-Q

{_}  Transition Report on Form N-SAR For the Transition Period Ended:

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Read attached instruction sheet before preparing form. Please print or type.

Nothing in this form shall be construed  to imply  that the  Commission  has

verified any information contained herein.

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If the notification relates to a portion of the filing checked above,  identify

the item(s) to which the notification relates:

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                                       PART I

                  REGISTRANT INFORMATION

                       Star Gold Corp.

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                           Full Name of Registrant

                      Elan Development Inc

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                          Former Name if Applicable

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           Address of Principal Executive Office (Street and Number)

       6240 East Seltice Way, Suite C, Post Falls, Idaho 83254

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                           City, State and Zip Code

                                     PART II

                           RULE 12b-25(b) AND (c)

If the subject report could not be filed without unreasonable effort or expense

and the registrant seeks relief pursuant to Rule 12b-25(b), the following should

be completed. (Check box if appropriate.)

(a)    [ X ] The reasons described in reasonable detail in Part III of this form

       could not be eliminated without unreasonable effort or expense;

(b)    [X] The subject annual report, semi-annual report, transition report on

       Form 10-K, Form 20-F, Form 11-K or Form N-SAR, or portion thereof will be

       filed on or before the 15th  calendar day following  the  prescribed  due

       date; or the subject  quarterly report or transition report on Form 10-Q,

       or  portion  thereof  will be filed on or before the fifth  calendar  day

       following the prescribed due date; and

(c)    [ ]  The  accountant's  statement  or  other  exhibit  required  by  Rule

       12b-25(c) has been attached if applicable.

                                    PART III

                                 NARRATIVE

State below in reasonable detail why the Form 10-K, 11-K, 20-F 10-Q, N-SAR or

the transition  report portion  thereof could not be filed within the prescribed

time period. (Attach extra sheets if needed.)

The Form 10-K for the period ended April 30, 2008 could not be filed

within the prescribed time period due to additional time required to prepare and

complete such document.

                                     PART IV

                           OTHER INFORMATION

(1)  Name and telephone number of person to contact in regard to this

notification

Lindsay Gorill, Director, President  208-755-6989

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(Name)                                         (Area Code)  (Telephone Number)

(2) Have all other periodic reports required under Section 13 or 15(d) of the

Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of

1940 during the  preceding  12  months  or for such  shorter  period  that the

registrant was required to file such report(s) been filed?  If the answer is no,

identify report(s). {X} Yes {} No

(3)  Is it anticipated that any significant change in results of operations

from the corresponding period for the last fiscal year will be reflected by

the earnings statements to be included in the subject report or portion

thereof? {_} Yes {x} No

If so: attach an explanation of the anticipated change, both narratively and

quantitatively, and, if appropriate, state the reasons why a reasonable estimate

of the results cannot be made.

Star Gold Corp.

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(Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned

thereunto duly authorized.

Date: July 31, 2008      /s/  Lindsay Gorill

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                                            Director, President