Tristar Gold's (TSXV:TSG; OTCQB: TSGZF) near-term focus is on advancing its Castelo de Sonhos gold project in Para state, Brazil, towards a Preliminary Licence, the most significant permitting milestone for a project in Brazil.

• Currently TriStar anticipates potential LP permit receipt in Q1 2024. Public hearing was held on November 22, 2023 following a government site visit completed in June 2023.

• 2021 preliminary feasibility study for the project outlined an 11-year open pit mine with a 1.4M oz reserve, producing an average of 121,000 gold oz. annually for an after-tax NPV estimate of US$321M - and a 28% after-tax IRR - at US$1,550 per oz. Gold.

• Castelo de Sonhos has extensive paleoplacer gold bearing reefs, like the highly profitable Tarkwa and Jacobina mines. These reefs appear to be continuous along strike and at depth.

• Key stakeholders include Royal Gold, Auramet, Gold 2000, US Global and Insiders (both Board and Management).

 Check out their latest news here.