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TriStar Gold Inc.
Summary
| Project: | Castelo de Sonhos | |
|---|---|---|
| Deposit: | Castelo de Sonhos | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 6/22/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing PEA | |
| Report details: | 22-6-2018: TriStar Gold Inc. announces an Exploration/Drilling Update report for its Castelo de Sonhos deposit at the Castelo de Sonhos project. Drilling results incl. 9m @ 1.25g/t Au from 22m. Scottsdale, Ariz., TriStar Gold Inc. (the “Company” or “TriSt | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mohan Srivastava (Internal) | |
| ABSTRACT: | Scottsdale, Ariz., TriStar Gold Inc. (the “Company” or “TriStar”) is pleased to report continued successful assay results from the recently completed 42-hole drilling program at the Castelo de Sonhos project (“CDS”). This includes 3m at 1.2 g/t from surface, 9m @ 1.25 g/t from 22m downhole and 6m at 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 in previous resource estimates (true widths are approximately 90% of the intersection lengths). Results thus far are very encouraging given TriStar’s 2018 drilling goal to target the gaps in existing drilling and extensions beyond the current resource footprint. Mr. Nick Appleyard, President and CEO, commented: “It’s exciting to see our drilling at Esperança South and East returning such good results. We’ve got especially good news from this year’s drilling in Esperança East. The grades and thicknesses of the reefs in that relatively untested part of the deposit are coming in higher than the earliest drill holessuggested and very much in line with the results from the mineral resource definition drilling in the South and Center. We have results from 15 holes still outstanding and we anticipate having these results available by mid-July.” Drilling Since the beginning of the 2018 drill program, a total of 34 reverse circulation (“RC”) holes for 3,972m and 8 core holes for 960m have been completed. Assays have recently been received for 4 complete holes (See Figure 1, all drilled vertically), the results are very promising. The two holes at Esperança South contained multiple intersections of anticipated grades and thicknesses. One hole at Esperança East had no significant intersections and the other contained multiple intersections of anticipated grades and thicknesses. The results are generally consistent with expectations and continue to add to our confidence and knowledge base at CDS. | |
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