TriStar Gold Inc. is pleased to announce it has entered into a royalty agreement with Royal Gold, Inc. for an investment by Royal or its affiliate of US$ 7.5 million as contemplated in the TriStar press release on May 28, 2019. In addition to the US$500,000 announced previously, the material components of the royalty agreement are: TriStar and Royal have entered into a royalty agreement for total consideration of US$ 7.5 [...]
TriStar Gold Inc. is pleased to announce it has entered into a letter agreement with Royal Gold, Inc. for a total investment by Royal Gold or its affiliate of US$ 8.0 million. The letter agreement is in two parts: TriStar has sold to Royal Gold, for a cash payment of US$ 500,000, an option to purchase a 1.0% NSR royalty on the Castelo de Sonhos property for consideration to be determined by reference to the proven and [...]
TriStar Gold Inc. today announced the filing of a technical report for the Company’s Castelo de Sonhos property entitled, “Independent Report – Preliminary Economic Assessment, Castelo de Sonhos Gold Project, Para State, Brazil”. The Report, which is dated December 26, 2018 and is effective September 14, 2018, was prepared in compliance with National Instrument 43-101 - Standards for Disclosure for [...]
TriStar Gold Inc. , is excited to provide the following recap of the major milestones recently accomplished and a corporate update with respect to the planned activities for 2019. Key milestones from 2018 include the following: • Successfully completed the planned 5,000m of drilling on time and on budget • Updated mineral resource in September of: Indicated: 17.7 million tonnes at 1.2 g/t, containing 0.7 Moz of [...]
On behalf of TriStar Gold Inc. , GE21 Consultoria Mineral Ltda of Belo Horizonte, Brazil, has completed the Preliminary Economic Assessment for the Company’s Castelo de Sonhos gold project in southern Pará State, Brazil. Key highlights of the PEA include the following: Life-of-mine recoverable gold of 1.1 million ounces Internal rate of return pre-tax of 51% Cash cost of $660 All in sustaining cost of $687 [...]
TriStar Gold Inc. today announced the filing of a technical report for the Company’s Castelo de Sonhos property entitled, “Independent Report – Mineral Resource Update, Castelo de Sonhos Gold Project, Para State, Brazil”. The Report, which is dated October 29, 2018 and is effective September 14, 2018, was prepared in compliance with National Instrument 43-101 - Standards for Disclosure for Mineral [...]
On behalf of TriStar Gold Inc. , GE21 Consultoria Mineral Ltda of Belo Horizonte, Brazil, has begun the Preliminary Economic Assessment for the Castelo de Sonhos gold project in southern Pará State, Brazil. The first phase of this work, updating the mineral resources, is complete. With the increase in resources being materially significant, Bernardo Horta de C Viana of GE21 is the independent Qualified Person for [...]
TriStar Gold Inc. is pleased to announce that it has closed the second and final tranche of the private placement financing announced in the Company’s news releases dated May 27, 2018 and July 7, 2018 2018. In the final tranche 3,050,000 units were issued at a price of Can $0.20 per Unit for gross proceeds of Can $610,000. Each Unit is composed of one common share and one-half of one transferable common share [...]
Ariz., Aug. 06, 2018 -- TriStar Gold Inc. is pleased to announce that it has closed the first tranche of the private placement financing announced in the Company’s news releases dated May 25, 2018 and July 7, 2018. In this first tranche 7,200,000 units were issued at a price of $0.20 per Unit for gross proceeds of approximately Can $1.44 million. Each Unit is composed of one common share and one-half of one [...]
SCOTTSDALE, Ariz., July 11, 2018 -- The most recent batches of assays from drilling at the Castelo de Sonhos gold project of TriStar Gold Inc. have accelerated the project’s development schedule; these include: Mineralized conglomerate targets identified at Castelo de Sonhos, with high priority targets labelled in black. Location and depths of the most recent drill holes shown. 23m @ 1.19 g/t from 64-87m in [...]
Ariz., July 07, 2018 -- TriStar Gold Inc. announces that further to its news release dated May 25, 2018, the TSX Venture Exchange has granted an extension to August 8, 2018 for filing final documentation in respect of the Company’s previously announced private placement. The net proceeds from the private placement are intended to be used for advancing the Castelo de Sonhos project, working capital and general [...]
SCOTTSDALE, Ariz., June 22, 2018 -- TriStar Gold Inc. is pleased to report continued successful assay results from the recently completed 42-hole drilling program at the Castelo de Sonhos project . This includes 3m @ 1.2 g/t from surface, 9m @ 1.25 g/t from 22m downhole and 6m @ 1.1 g/t from 54m downhole in RC-18-315 at Esperança South and 6m @ 0.82 g/t in RC-18-318 at Esperança East, a target not included [...]