Resource Estimate For Castelo De Sonhos Gold Paleo-Placer Project
SCOTTSDALE, AZ - TriStar Gold Inc. has received from CSA Global an independent mineral resource estimate for the Castelo de Sonhos gold project in Brazil. Key highlights are: Inferred mineral resource (0.4 g/t cut-off) of 31 million tonnes,at 1.3 g/t, containing 1.3 million ounces of gold; Results validate the exploration target range projections that have been utilized to guide drill targets; Approximately 30% of the assays from the current RC program are still pending for inclusion in an updated resource estimate; Substantial amounts of Esperança Central and South still untested; Esperança East and West will be drill tested in 2018; and Preliminary economic assessment to be based on updated resource
"We are very pleased to see the predictions of the exploration target range now being validated by hard data. This resource uses all the available data on the project, however 30% of the assays from the now completed RC program are still outstanding and we have not yet started to test Esperança West or East," said Nick 20-, President and CEO. "We are looking forward to updating the resource soon and completing the technical and economic studies that will support the preliminary economic assessment."