After-tax NPV5% of US$1,353 million at approx. spot of US$3,200 gold price After-tax NPV5% of US$603 million at US$2,200 base-case gold price A compelling after-tax IRR of 72% at US$3,200 gold and 40% at US$2,200 base case gold price AISC of US$1,111/oz After-tax payback period of 2 years The Company has received a positive legal opinion on status of the Castelo de Sonhos Permit, which remains valid and in good standing [...]
TriStar Gold Inc. is pleased to confirm that TriStar President and CEO Nick Appleyard has returned from leave effective April 1, 2025. Please see the Company's December 6, 2024 press release for details. Jessica Van Den Akker, who has assumed the role of Interim CEO during Nick's absence, is continuing her role as a Director of TriStar. In addition, the Company is also providing an update on the requests from a Federal [...]
TriStar Gold Inc. is pleased to announce that it has closed the final tranche of its non-brokered private placement of up to 11,538,461 common shares announced in news releases dated January 13, 2025, and February 6, 2025 . A total of 1,300,000 common shares of the Company were sold under the final tranche of the Offering, at a price of C$0.13 per common share for gross proceeds to the Company of C$169,000. With respect [...]
TriStar Gold Inc. is pleased to announce that it has closed the first tranche of its non-brokered private placement of up to 11,538,461 common shares announced on January 13, 2025 . A total of 7,019,777 common shares of the Company were sold under the first tranche of the Offering, at a price of C$0.13 per common share for gross proceeds to the Company of C$912,571. The Company intends to use the net proceeds of the [...]
TriStar Gold Inc. is pleased to announce the commencement of a non-brokered private placement at a price of C$0.13 per common share for gross proceeds to the Company of up to C$1.5 million . The Company intends to use the net proceeds of the Offering for general working capital purposes and to further advance its Castelo de Sonhos gold project. If fully subscribed, the Company anticipates it will issue up to 11,538,461 [...]
TriStar Gold Inc. is pleased to provide an update on the requests from a Federal Public Prosecutor to government regulators related to the Company's Castelo de Sonhos gold project in Brazil; see press release dated October 1, 2024, for the details of these requests. The Company's LP permit for Castelo de Sonhos remains valid; also known as the Licença Prévia or Preliminary License, it represents the most critical [...]
TriStar Gold Inc. is pleased to confirm the appointment of Marcus Brewster to the Board of Directors, effective December 4, as previously announced . Mr. Brewster is a geologist and mining engineer who has specific experience in both technical and managerial positions operating large-scale paleoplacer gold mines. This includes progressively more senior roles at the Tarkwa and Damang Gold Mines in Ghana, ultimately [...]
TriStar Gold Inc. is pleased to announce that Marcus Brewster has accepted an offer to join TriStar Gold's Board of Directors. In addition to joining the Board, Marcus will step down as the Company's Chief Operating Officer effective December 4, 2024. Additionally, Mark Jones III has been appointed Chairman Emeritus in recognition of his significant role in founding the Company. Mr. Brewster is a geologist and mining [...]
TriStar Gold Inc. confirms that it has become aware of a series of recommendations from a Federal Public Prosecutor from the Federal Public Prosecution Office to the government regulators, including the Pará Secretariat for the Environment and Sustainability , our principal regulator. These requests are related to the recent issuance of the Licença Prévia for the Castelo de Sonhos gold project in Brazil, and address [...]
TriStar Gold Inc. is pleased to announce that the Pará Secretariat for the Environment and Sustainability has issued the Licença Prévia for the Castelo de Sonhos gold project in Brazil. "Following the previously announced approval by Pará State Environmental Council we have now received the LP, a true milestone for TriStar that derisks and sets us apart from many other mine developers. We are now ready to move forward [...]
TriStar Gold Inc. is pleased to announce that the Pará State Environmental Council met on June 11, 2024 in Belem, and has approved the Licença Prévia and the Environmental Impact Assessment for the Castelo de Sonhos gold project in Brazil. The formal issuance and gazettal of the LP should now only be subject to internal Secretariat for the Environment and Sustainability processes. TriStar presented at the COEMA meeting to [...]
TriStar Gold Inc. is pleased to provide an update on the application for the Licença Prévia for the Castelo de Sonhos gold project in Brazil. On December 12, 2023, TriStar received a notification from the Secretariat for the Environment and Sustainability for Pará State to clarify certain issues in our LP process, which was duly responded to in the timeframe requested. TriStar recently received a new notification with [...]