COMPANY PROFILE
Summary
TriStar Gold is advancing Brazil’s premier gold development project, its 100% owned flagship property Castelo de Sonhos, in mining-friendly Pará State. Listed as TSG on the TSX Venture Exchange and TSGZF on the OTCQX, TriStar has completed a pre-feasibility study and is now advancing permitting while evaluating optimization options.
Strategy
To develop gold projects in the Americas that can produce 150,000 ounces of gold for ten years.
Leadership
Management
- Nick Appleyard - President & CEO, Director
- Marcus Brewster - Chief Operating Officer
- Scott Brunsdon - Chief Financial Officer
- Fabio Mozzer - Vice President
- Andrew Grant - Vice President
Highlighted project
CASTELO DE SONHOS GOLD PROJECT
The Castelo de Sonhos gold project is situated in Pará State, Brazil, approximately 20km from the town of Castelo de Sonhos. It is a paleoplacer gold deposit that is large, simple and in the right location.
The Project
- 17,177 Ha property, 100% controlled
- Large resource: 1.8Moz indicated plus 0.7Moz inferred
- Paleoplacer gold deposit: analogous to Tarkwa and Jacobina mines
Advancing to Construction
- October 2021 PFS: post-tax - IRR 28%, NPV5 $321M
- Investments from Royal Gold (Aug 2019) and Auramet (Apr 2022 & Sep 2023)
- Prior License (LP) applied for in July 2022
Straightforward Mining
- Mineralization at surface → shallow open pit
- Simple metallurgy → 98% gold recovery
- Environmentally clean → no sulphides
- Informal workings show extensive mineralization
- Resource open on strike and at depth SIGNIFICANT UPSIDE
Key Attributes
• Substantial amounts of untested growth potential
• Robust Pre-Feasibility Study
• Mineralization at surface → simple open pit
• Good metallurgical properties → high gold recovery, very clean
• Connected to grid power, close to highway → good infrastructure
ESG
Tristar Gold is committed to a transparent approach to responsible mineral exploration and mining while fostering a safe workplace for our employees and contractors. Beyond reflecting our values, this commitment to sustainability acknowledges the significant and growing desire within society to see companies focus from the very outset of exploration activities on ESG. Minimizing environmental and negative social impacts is core to our approach, while maintaining open and respectful relationships with communities and regulators to ensure that benefits from our operations can flow through partnerships that are enduring and impactful.
The industry is growing and changing significantly in the way it views responsibility, governance and transparency and Tristar intends to be on the forefront of driving these sorts of positive changes at all stages of mine development wherever we operate.