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TriStar Gold Inc.
Summary
| Project: | Castelo de Sonhos | |
|---|---|---|
| Deposit: | Castelo de Sonhos | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 11/21/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing PEA | |
| Report details: | 21-11-2019: TriStar Gold Inc. announces an Exploration/Drilling Update report for its Castelo de Sonhos deposit at the Castelo de Sonhos project. Drilling results incl. 24m @ 1.1g/t Au from 95m. TriStar Gold Inc. (the “Company” or “TriStar”) is pleased to | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: R. Mohan Srivastava (Internal) | |
| ABSTRACT: | TriStar Gold Inc. (the “Company” or “TriStar”) is pleased to announce the first results from the drilling campaign now underway at its Castelo de Sonhos gold project. This campaign aims to upgrade confidence in Mineral Resources in the Esperança South region of the project for the purpose of Mineral Reserve calculations in the pre-feasibility study. The assay laboratory has now reported results for 20 of the reversecirculation (RC) drill holes (out of a planned total of approximately 200 holes); all of these lie on eight adjacent section lines spaced 50m apart. True widths are approximately 90% of the downhole lengths reported above. TriStar continuously monitors drill results by evaluating whether they: meet expectations from previous drill holes nearby, exceed expectations or do not meet expectations. Of the holes whose assays have now been reported, 90% of them meet or exceed expectations, with nine of them showing assays consistent with what has already been seen in nearby drilling and nine of them showing assays that are noticeably better than expected. TriStar is drilling the holes in a sequence that aims to first gather information from holes whose results will assist decisions on whether or not other holes should be drilled. On the seven section lines covered by the first group of holes, there are 18 possible hole locations for which drilling is contingent upon the results of earlier drilling. The early assay results are sufficiently positive that 15 of these contingent holes will now be drilled; decisions on the other three require assay information not yet available. | |
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