Tristar Gold Inc. · TSXV:TSG
Tristar Gold — Investor Presentation (October 2026)
15 slides from Tristar Gold's investor presentation, October 2026
Slide 1: Developing Gold, Delivering Value
Tristar Gold | TSXV: TSG | OTCQB: TSGZF DEVELOPING GOLD DELIVERING VALUE 1 Corporate Presentation I October 2026 www.tristargold.com TSXV: TSG | OTCQB: TSGZF ‹#›
Slide 2: Disclaimers
Tristar Gold | TSXV: TSG | OTCQB: TSGZF DISCLAIMERS 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 presentation. No stock exchange, securities comm
Slide 3: Brazil's Next Major Gold Mine
Tristar Gold | TSXV: TSG | OTCQB: TSGZF BRAZIL’S NEXT MAJOR GOLD MINE GOLD MINES IN BRAZIL Development Hotspot – Brazil ■ G Mining Ventures; Pará State • Tocantinzinho, commercial production Sept 2024 ■ Hochschild Mining; Goiás State • Mara Rosa, commercial production May 2024 ■ Ero Copper; Pará Sta
Slide 4: Castelo de Sonhos Development
Tristar Gold | TSXV: TSG | OTCQB: TSGZF CASTELO DE SONHOS DEVELOPMENT ADVANCING TO STRAIGHTFORWARD SIGNIFICANT THE PROJECT CONSTRUCTION MINING UPSIDE 4 May 2025 PFS Update Large paleoplacer gold (after tax)¹: Shallow open pit mining Resource open on strike project $2,200 gold Mineralizat
Slide 5: Mineral Reserves and Resources
Tristar Gold | TSXV: TSG | OTCQB: TSGZF MINERAL RESERVES All Probable Classification Tonnes Grade Ounces Region (Mt) (g/t Au) (Moz) Esperança South 24.2 1.3 1.0 Esperança East 3.1 0.8 0.1 Esperança Center 11.4 0.8 0.3 PROBABLE RESERVES 38.7 1.1 1.4 MINERAL RESOURCES Inclusive of Reserves INDICATED C
Slide 6: Compelling Economics
Tristar Gold | TSXV: TSG | OTCQB: TSGZF COMPELLING ECONOMICS Updated PFS Base Case: $2,200 Gold 1.4M Ounces 121koz/yr 146koz/yr US$296M Current Gold LOM annual production Esperança South, Initial capital reserves over 11-yr mine life year 1-6 Incl. 20% contingency 6 2 Years $1,111/oz 40% 72% US$603M
Slide 7: Near-Mine Upside Potential
Tristar Gold | TSXV: TSG | OTCQB: TSGZF NEAR-MINE UPSIDE POTENTIAL Down – dip extensional potential: 1 Needs to be tested with a “what if” analysis and optimisation sensitivity work to focus drilling 2 Extensions between scheduled pits: E.g. Esperanca South (ES) Higher grade paleochannels have been
Slide 8: ESG Leadership
Tristar Gold | TSXV: TSG | OTCQB: TSGZF ESG LEADERSHIP BOARD OF DIRECTORS ESPERANÇA IV ESPERANÇA IV SCHOOL FOCUS ON HEALTH, EDUCATION, & ENVIRONMENT Involved & Invested Our Closest Community Currently Being Rebuilt A VISIT FROM EDUCATING THE NEXT LOCAL FLORA & FAUNA DELIVERING PLANTS LOCAL CYCLISTS
Slide 9: Capital Structure
Tristar Gold | TSXV: TSG | OTCQB: TSGZF CAPITAL STRUCTURE 5% 5% Retail Market Capitalization Shares Issued 46% C$91.0 million 404.7 million Insiders 49% Institutions – Auramet, US Global, Konwave, Eric Cash Fully Diluted Shares Sprott ~US$10.0 million 470.0 million $0.40 $0.35 Share Price Stock Opti
Slide 10: LP Permit Remains Valid
Tristar Gold | TSXV: TSG | OTCQB: TSGZF LP PERMIT REMAINS VALID All parties have made submissions to the Court evidentiary request We are now negotiating a settlement and waiting on the Judge to rule History TriStar Near-Term Objectives Sept 2024 MPF recommended Reinforce that protecting suspens
Slide 11: Board of Directors
Tristar Gold | TSXV: TSG | OTCQB: TSGZF BOARD OF DIRECTORS NICK ROD MARCUS MARK APPLEYARD MCKEEN BREWSTER ISTO PRESIDENT, CEO, DIRECTOR LEAD DIRECTOR DIRECTOR DIRECTOR Over 25 years international Over 35 years of legal Geologist and mining engineer Retired from the role of EVP experience in precious
Slide 12: A Compelling Re-Rate Opportunity
Tristar Gold | TSXV: TSG | OTCQB: TSGZF A COMPELLING RE-RATE OPPORTUNITY EV/ M&I RESOURCE OUNCE (US$/oz AuEq) P/NAV (x) 0.91x 0.74x $440 $302 $286 0.39x Median: $208 0.34x 0.32x 0.3x (1) 0.3x Median: 0.23x 0.22x 0.19x $94 (1) 0.16x 0.15x $96 $94 $93 $79 $77 $22 $20 0.02x $10 TriStar Gold screens at
Slide 13: Tristar Gold | TSXV: TSG | OTCQB: TSGZF
Tristar Gold | TSXV: TSG | OTCQB: TSGZF Nick Appleyard I President & CEO Scott Brunsdon I CFO SCOTTSDALE OFFICE: +1 (480) 794-1244 13 info@tristargold.com www.tristargold.com www.tristargold.com TSXV: TSG | OTCQB: TSGZF ‹#›
Slide 14: Updated PFS Sensitivity to Gold Prices
Tristar Gold | TSXV: TSG | OTCQB: TSGZF UPDATED PFS SENSITIVITY TO GOLD PRICES STRONG LEVERAGE TO GOLD PRICES Updated study shows an after-tax IRR increase from 40% at the base case of US$2,200 gold to 72% at US$3,200 gold with an increasing gold price IRR (%) NPV10 (%) 100% $1,500 93.6% $1,385 80%
Slide 15: PFS Production & Proposed Layout
Tristar Gold | TSXV: TSG | OTCQB: TSGZF PFS PRODUCTION & PROPOSED LAYOUT TWO-PHASE PROCESS MINING DESIGN Years 1-6, the higher 3.6Mtpa plant: CIL grade Esperança Feed grades: South deposit 1.3 g/t gold in Phase 1, Years 7-11, the 0.8 g/t gold in Esperança East and Phase 2 Center deposits