TriStar Gold is pleased to announce the results of the first round of holes completed in the second phase diamond drilling at the Company’s 100% owned Castelo de Sonhos Gold Project in the Tapajos region of Para state, Brazil. Results have been received for fifteen (15) holes drilled at the Esperança South Target. The second phase of drilling at Castelo de Sonhos started on July 17th with two drill rigs, both initially [...]
TriStar Gold is pleased to announce that it has granted stock options exercisable to purchase a total of 1,025,000 of its shares at a price of $0.45 per share to directors, officers, employees and consultants, subject to the terms of its current stock option plan. These options will expire August 22, 2017.
TriStar Gold has commenced the second phase of core drilling at its 100% owned Castelo de Sonhos project. The company plans a minimum of 5,000 meters of core drilling to be performed by two drill rigs. A total of 44 holes are planned to be drilled in three targets at depths ranging from 50 to 200 meters. The Company has also closed a private placement of units at $0.25 per unit to raise $1,400,000.
TriStar Gold is pleased to announce that, further to its news release dated May 17, 2012, the TSX Venture Exchange has accepted for filing the Company’s proposed incentive program to encourage the early exercise of certain outstanding warrants. The Warrants, as originally issued, are exercisable into one common share of the Company at $0.30 per share until December 20, 2015. The Company is now offering to the Warrant [...]
TriStar Gold plans to raise up to $4 million by a combination of a warrant exercise incentive program and a non-brokered private placement. The proceeds will be used to continue drilling at the Company’s Castelo de Sonhos Project in Para state, Brazil.
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