TriStar Gold Appoints Marcus Brewster as Chief Operating Officer for Next Phase of Development at Castelo de Sonhos

TriStar Gold Appoints Marcus Brewster as

Chief Operating Officer for Next Phase of

Development at Castelo de Sonhos

Scottsdale, Arizona--(Newsfile Corp. - October 3, 2022) - TriStar Gold Inc. (TSXV: TSG) (OTCQX:

TSGZF) (the Company or TriStar) is pleased to announce that Marcus Brewster has been appointed as

Chief Operating Officer of the Company.

Mr. Brewster is a geologist and mining engineer who has specific experience in both technical and

managerial positions operating large scale paleoplacer gold mines

.

This includes progressively more

senior roles at the Tarkwa mine, and Damang Gold Mines in Ghana, ultimately becoming the General

Manager at Damang.

Marcus' experience also includes General Manager of several other gold mines

and previous experience as a Chief Operating Officer. His language skills include English (native), plus

German, Swiss German, Portuguese, and French.

Nick Appleyard, CEO of TriStar, commented, "I am incredibly excited for Marcus to be joining the team

at TriStar.

His experience with similar deposits to Castelo de Sonhos at Tarkwa and Damang is

exceptional, and exactly what we need to progress through permitting, final feasibility and into

construction and operations."

Marcus has a BSc (Honours) Geology and Environmental Geography from University College of Brunel,

an MSc Mining Geology from Camborne School of Mines and an MSc Mining Engineering (Merit) from

Camborne School of Mines.

Drilling Update

The two core rigs drilling at Esperança South have to date completed 20 holes for 1,935m. The initial

holes are targeting shallow up-dip extensions in the central portion of the deposit, as well as gaps in the

mineral reserves in the extreme south.

Results will be released in batches as they become available.

Qualified Person

R. Mohan Srivastava (P.Geo.) of RedDot3D Inc. is the Qualified Person who has reviewed the technical

information contained in this news release, including data verification, 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 the potential to become significant producing mines. The Company's current flagship

property is Castelo de Sonhos in Pará State, Brazil. The Company's shares trade on the TSX Venture

Exchange under the symbol

TSG

and on the OTCQX under the symbol

TSGZF

. Further information is

available at

www.tristargold.com

.

ON BEHALF OF THE BOARD OF DIRECTORS OF THE COMPANY:

Nick Appleyard

President and CEO

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 Securities 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 statements about the Company's ability to complete the current drilling program, the results of further exploration target

identification and the anticipated ongoing effects of the COVID-19 virus. 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 results, achievements or position expressed or implied 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 disruptions in the securities markets; legislative, political or economic developments in Brazil;

effects of the COVID-19 virus on all aspects of the Company's business, 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 projections/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 unanticipated 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 of 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 in

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.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/139191