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TriStar Gold Inc.
Summary
| Project: | Castelo de Sonhos | |
|---|---|---|
| Deposit: | Castelo de Sonhos | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 12/4/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing PEA | |
| Report details: | 4-12-2017: TriStar Gold Inc. announces a Resource Estimation report for its Castelo de Sonhos deposit at the Castelo de Sonhos project. Updated Mineral Resource including additional assays to the September estimate. (Scottsdale, AZ), TriStar Gold Inc. (th | |
| Resources: | (Resource): 8.9Mt @ 1.8g/t Au (Ind.), 26.2 @ 1.2g/t Au (Inf.) | |
| CP/QP: | [Resources]: Mo Srivastava (Internal) | |
| ABSTRACT: | (Scottsdale, AZ), TriStar Gold Inc. (the “Company” or “TriStar”) has completed an updated mineral resource estimate for the Castelo de Sonhos gold project using all available data, including assays from the 37 drill holes that were not available for the September 18, 2017 resource estimation. “The resource is growing as anticipated and continues to validate the predictions of the exploration target range. We look forward to drilling in 2018 aimed at further expanding the resource and supplying all the data necessary for the scoping study” says Nick Appleyard, TriStar’s President and CEO, “CDS continues to deliver and the resource has grown by over 400% in the last 18 months, and now our confidence levels are growing as well. We are particularly pleased with the strong grade of the Indicated resources, at 1.8 g/t, which is due to our ability to use petrophysics and televiewer to identify marker horizons that establish continuity between our 50m drill holes.” The resource is constrained by a mineralized envelope that corresponds to the conglomeratic band of the paleo-placer, honouring its outcrop location and surface measurements of its bedding orientations, and extending into the upper arenite where drilling has confirmed that the base of the upper arenite contains remobilized gold. All drill hole assays were capped at 20 g/t. | |
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