Business
TriStar Gold Inc. Presents Update on Castelo de Sonhos
(via Thenewswire.ca) TheNewswire / January 5, 2016 - TriStar Gold Inc. (the "Company" or "...
About this update from Tristar Gold Inc.
[{"type":"text","content":"TriStar Gold Inc. Presents Update on Castelo de Sonhos(via Thenewswire.ca)\n \n \nTheNewswire / January 5, 2016 - TriStar Gold Inc. (the \"Company\" or \"TriStar\") (TSG-TSX.V) is pleased to present an update on corporate activities and on the Castelo de Sonhos Gold Project. \n\n \n \nSuccessful completion of 2015 priorities:\n\n\n \nOn November 18th, 2015, TriStar announced plans to strengthen and complement its senior management team and to raise funds through a non-brokered private placement. These plans, which were the centerpiece of the Company's strategy for advancing the Castelo de Sonhos project, have been completed. The additions to the Company's management include a core group of individuals with a track record of advancing projects from exploration through to feasibility study. This new group is led by Mr. Nick Appleyard whom has assumed the position of President and CEO. TriStar also raised sufficient funds to make upcoming land payments under the option agreement that earns TriStar 100% ownership of the project. The Company will also continue field work activities on Castelo de Sonhos.\n\n \n \nDevelopment Plans for 2016:\n\n\n \nTriStar is launching a new website: www.TriStarGold.com that will be live on January 10, 2016. The new look is part of improving the investing public's understanding of the potential of the Castelo de Sonhos property and the capabilities of the management group.\n\n\n \nTriStar will be publishing an updated NI 43-101 Technical Report that discloses the Exploration Target at Castelo de Sonhos (\"CDS\"); this revised Technical Report will be the result of a Quantitative Risk Assessment (\"QRA\") that is being conducted to establish the range of the property's resource potential. The results of the QRA are expected to be published in January, with the technical report being filed on SEDAR in February.\n\n\n \nIn Q1 and Q2 the field programs will be aimed at gathering available information from the 16 kilometers of continuously mineralized strike length of the main mineralized conglomerate band at CDS. Nearly the entire exposed conglomeratic band has some level of historical artisanal mining, meaning there is now good exposure of the host rocks available for detailed mapping and sampling to better understand the controls on mineralization and to extend the preliminary metallurgical test work.\n...