TriStar Gold Inc.
Symbol: TSXV: TSG OTCQX: TSGZF
Market Cap: Private
- Tristar Gold’s (TSXV:TSG; OTCQX: TSGZF) near-term focus is on advancing its Castelo de Sonhos gold project in Para state, Brazil, towards a Preliminary Licence, the main environmental permit in Brazil’s mine permitting process.
- 2021 preliminary feasibility study for the project outlined an 11-year open pit mine, 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.
- Location and infrastructure: Para state is Brazil’s top mining region; the site has road access, grid power and an airstrip, with a skilled workforce nearby.