Tristar GOLD Provides Corporate Update
TRISTAR GOLD PROVIDES CORPORATE UPDATE
November 16, 2017 (Scottsdale, Arizona) – TriStar Gold Inc. ("TriStar" or the "Company") (TSX -V:TSG) is
pleased to provide the following corporate update with respect to its development activities at its Castelo
de Sonhos gold project in Brazil.
Planned Resource Update at Castelo de Sonhos
On September 13, 2017, the Company announced an independent mineral resource estimate completed
by CSA Global Inc.("CSA"). This resource estimate calculated inferred mineral resources (at 0.4 g/t cut-off)
of 31 million tonnes grading 1.3 g/t containing 1.3 million ounces of gold. This resource estimate did not
include assays from the last 37 drill holes as these assays were not available at that time.
The Company has now received all assays from the final 37 holes of the 2017 reverse circulation drill
program and intends to publish an updated mineral resource before the end of the year. The results from
the last 37 drill holes are generally consistent with previously received assays. In total, the 2017 reverse
circulation drill program consisted of 133 holes totaling 15,019 meters in the Esperança South and Central
areas. Drill cross-sections are attached showing the mineralization in various parts of the deposit.
Nick Appleyard, President and CEO of TriStar commented "Since last year, we've been using our
analysis of the exploration target range to guide our work on this project. More than a hundred
new drill holes and a new independent resource estimate confirm that our ETR models work well
in that they have provided reliable predictions for resource growth in the areas drilled this year.
The ETR models have played a big role in getting us to where we are now, with a significantly
expanded resource; and we're looking forward to seeing how well they continue to work with the
upcoming resource update, and with further drilling and resource development next year."
2018 Planned Activities at CDS
Subject to available financing, in 2018 the Company plans to continue its drilling on the CDS property with
the objectives of both expanding the resource estimates and increasing the confidence in those estimates.
The Company anticipates completing a Preliminary Economic Assessment of CDS by mid-2018.
Qualified Person:
TriStar's Vice-President, R. Mohan Srivastava (P.Geo) is the qualified person for this press release and has
prepared or supervised the preparation of the scientific or technical information in this press release
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
Figure 1, Section A - A', Esperança Central showing gold intersections
Figure 2, Section B - B', Esperança South showing gold intersections
Figure 3, Section C - C', Esperança South, southwest extension showing gold intersections
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 l ooking 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 stateme nts 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 c urrencies; changes or disruptions 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 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 int ention 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.