Tristar Announces Positive Drill Results from Castelo de Sonhos
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June 12, 2018 Trading Symbol: TSG-TSX.V
TRISTAR ANNOUNCES POSITIVE DRILL RESULTS FROM CASTELO DE SONHOS
TriStar Gold Inc. (the “Company” or “TriStar”) is pleased to announce that the results from 13 new drill
holes from the 2018 campaign at its Castelo de Sonhos gold project (“CDS”) are now available and identify
mineralized conglomerate reefs outside of the existing mineral resource footprint.
Mr. Nick Appleyard, President and CEO, commented: “ This latest batch of drill results is exciting , as we
have new data from Esperança East, which is our largest untested area with both outcropping conglomerate
reef and coincident gold-in-soil geochemistry, making it a high priority target. With results like hole RC-
18-317 in Esperança East returning 2m @ 3.53 g/t from 27m downhole and 4m @ 2.7 g/t from 92m (true
width is approximately 90% of the intersection length) downhole it l ooks like we are seeing two reefs
similar to what we see in Esperança South (see Figure 1a), which is very promising.”
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. This marks the end of the first phase of the 2018 drilling
campaign. Assays have recently been received for 13 holes for 1,560m (see Figure 1 for locations) , the
results are very promising, wi th the positive results at Esperança East potentially opening up a large new
zone beyond the existing mineral resources. Two holes at Esperança South had no significant intersections;
all of the other holes had at least one, but frequently 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.
Detailed summaries of drill hole locations and significant interval s have been added to the CDS project
page of the company website here (or visit www.tristargold.com) along with a complete list of all significant
intervals for the project.
Assay methods, quality assurance and quality control (QA/QC)
In 2018, all drill hole samples are analyzed using a Leachwell analysis of 1kg of material taken from either
½ core in diamond drill holes or ¼ of the chips in reverse circulation holes. Samples are transported by
truck from site to the ALS lab in Goiania, Brazil, where they are dried, crushed, pulverized and packaged
for shipment to the ALS analytical lab in Lima, Peru.
The ALS preparation and analytical labs are accredited to ISO 17025:2005 UKA S ref 4028 , and have
internal QA/QC programs for monitoring accuracy and precision. In addition to this, TriStar uses standards,
blanks and field duplicates in an external QA/QC program to provide independent monitoring of laboratory
analyses.
Figure 1a
Figure 1b
Figure 1. a) Locations of the new drill holes in Esperança East and Esperança South. b) Southwest-facing
perspective view of Esperança South showing the two identified reefs and the pit shell used to constrain
resources.
Qualified Person
R. Mohan Srivastava (P.Geo.), Vice President of TriStar, is the Qualified Person who has reviewed the
technical information contained in this news release and has approved its disclosure.
About TriStar:
TriStar Gold is an exploration and development company focused on precious metals properties in the
Americas that have potential to become significant producing mines. The Company’s current flagship
property is Castelo de Sonhos in Pará State, Brazil. The Company’s shares are listed on the TSX Venture
Exchange under the symbol TSG. Further information is available at www.tristargold.com.
For further information, please contact:
TriStar Gold Inc.
Nick Appleyard
President and CEO
480-794-1244
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other
regulatory authority has approved or disapproved the information contained herein.
Forward-Looking Statements
Certain statements contained in this press release may constitute forward-looking statements under Canadian securities legislation
which are not historical facts and are made pursuant to the "safe harbour" provisions under the United States Private Securit ies
Litigation Reform Act of 1995. Generally, forward-looking information can be identified by the use of forward-looking terminology
such as “expects” or “it is expected”, or variations of such words and phrases or statements that certain actions, events or results
“will” occur. Forward looking statements in this press release include, the scope and success of the planned exploration program
at the Castelo de Sonhos project and the Company's opinion that it has clear title to the Castelo de Sonhos property Such forward-
looking statements are based upon the Company's reasonable expectations and business plan at the date hereof, which are subject
to change depending on economic, political and competitive circumstances and contingencies. Readers are cautioned that such
forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause a change in such
assumptions and the actual outcomes and estimates to be materially different from those estimated or anticipated future resul ts,
achievements or position expressed or impli ed by those forward -looking statements. Risks, uncertainties and other factors that
could cause the Company's plans to change include changes in demand for and price of gold and other commodities (such as fuel
and electricity) and currencies; changes or di sruptions in the securities markets; legislative, political or economic developments
in Brazil; the need to obtain permits and comply with laws and regulations and other regulatory requirements; the possibility that
actual results of work may differ from p rojections/expectations or may not realize the perceived potential of the Company’s
projects; risks of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the
possibility of cost overruns or unanticipat ed expenses in development programs; operating or technical difficulties in connection
with exploration, mining or development activities; the speculative nature of gold exploration and development, including the risks
of diminishing quantities of grades o f reserves and resources; and the risks involved in the exploration, development and mining
business. Although management of the Company has attempted to identify important factors that could cause actual results to differ
materially from those contained i n forward-looking statements or forward -looking information, there may be other factors that
cause results not to be as anticipated, estimated or intended. The Company disclaims any intention or obligation to update or revise
any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable
securities laws.