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TriStar Gold Inc.
Summary
| Project: | Castelo de Sonhos | |
|---|---|---|
| Deposit: | Castelo de Sonhos | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 11/1/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-11-2016: TriStar Gold Inc. announces an Exploration/Drilling Update report for its Castelo de Sonhos deposit at the Castelo de Sonhos project. Drilling results incl. 3.10m @ 3.90g/t Au from 121.8m. Assays from the first two step-out holes at the Castelo | |
| Resources: | (Resource): 2.788Mt @ 2.03g/t Au (Ind.) and 1.430Mt @ 2.13g/t Au (Inf.) | |
| CP/QP: | [Overall Report]: R Mohan Srivastava (Internal) | |
| ABSTRACT: | Assays from the first two step-out holes at the Castelo de Sonhos gold project of TriStar Gold Inc. (the “Company” or “TriStar”) have been received and confirm that gold mineralization extends well beyond the current resource area. Table 1 below shows the significant intervals for CSH-16-144, for which all assays have now been received from the lab, and for the top half of CSH-16-145. The samples from the bottom of this hole are being shipped to the laboratory this week, with results expected before the end of November. Mr. Nick Appleyard, TriStar’s President and CEO, commented: “Based on what we were seeing last month as we drilled these holes, we felt confident that the new drilling was supporting our geological assumptions. It’s great to have the first assay data, and to have direct measurements of the thickness and grade of mineralized bands similar to what has been seen in the adjacent resource area. We’ve got several more holes to go on that southwestern extension, supported by both gold-in-soil geochemistry and the presence of historical informal mine workings.” For the Esperança South area, previous drill hole intervals with significant gold mineralization were reported in the 2014 Technical Report, a total of 116 intervals in 69 drill holes, with most holes showing one or two intervals. These intervals ranged in thickness from 1 to 29 metres, with an average slightly over 4 metres; their grades ranged from 0.6 to 16.8 g/t, with an uncut average of 2.4 g/t. | |
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