Welcome to our dedicated page for Tristar Gold news (Ticker: TSGZF), a resource for investors and traders seeking the latest updates and insights on Tristar Gold stock.
TriStar Gold Inc. (TSGZF) generates a steady flow of news centered on the advancement, permitting, and technical evaluation of its flagship Castelo de Sonhos gold project in Pará State, Brazil. As an exploration and development company focused on precious metals properties in the Americas, TriStar’s announcements provide insight into how a gold project progresses through prefeasibility, permitting, legal review, and financing.
News updates frequently cover technical milestones, such as the filing of National Instrument 43-101 compliant technical reports and prefeasibility study updates for Castelo de Sonhos. These releases summarize changes to capital and operating cost estimates, project economics, and key assumptions like gold prices and exchange rates, as well as details of planned open pit mining and processing flowsheets.
Another major theme in TriStar’s news is permitting and legal developments. The company reports on the status of the project’s Preliminary License (Licença Prévia), responses by the Pará State environmental regulator (SEMAS), and the progress of a civil public action filed by Brazil’s Federal Prosecutor’s Office (MPF) concerning the environmental licensing process and potential impacts on Indigenous lands. Updates describe court decisions, legal arguments, and the evidence-production phases involving the MPF, FUNAI, the State of Pará, and TriStar.
TriStar’s news flow also includes corporate and financing announcements, such as private placement offerings to fund exploration, development, and working capital, as well as board and management changes, including director appointments, executive leaves and returns, and honorary roles like Chairman Emeritus. Together, these items help investors and observers track how TriStar is organizing governance, securing capital, and managing regulatory processes as it works to advance Castelo de Sonhos toward potential future development stages.
For users following TSGZF, this news page offers a consolidated view of technical reports, legal and permitting updates, and corporate actions that shape the company’s progress in the gold project development cycle.
TriStar Gold Inc. (TSXV: TSG) (OTCQB: TSGZF) has acknowledged recommendations from a Federal Public Prosecutor regarding the recently issued Preliminary License (LP) for the Castelo de Sonhos gold project in Brazil. These non-binding recommendations, directed at various government regulators, suggest suspending the LP pending additional archaeological and Indigenous Component Studies.
The company is confident in the comprehensive process used to obtain the LP, citing strong stakeholder support evidenced at a well-attended and positive public hearing in 2023. TriStar is addressing the concerns raised and is in contact with relevant authorities. The company believes that some of the MPF's technical concerns are already addressed in the LP's conditions.
CEO Nick Appleyard stated that while these concerns could have been discussed earlier, the company remains confident in the robustness of their Environmental Impact Assessment and the project's potential benefits to the community. TriStar is cooperating with all parties to resolve concerns quickly.
TriStar Gold Inc. (TSXV: TSG) (OTCQB: TSGZF) has received the Licença Prévia (Preliminary License or LP) for its Castelo de Sonhos gold project in Brazil from the Pará Secretariat for the Environment and Sustainability (SEMAS). This milestone significantly derisks the project and positions TriStar for advancement to the feasibility study stage. The LP, the first of a three-stage environmental licensing process, is important as it involves approval from various government agencies and stakeholders.
CEO Nick Appleyard views Castelo de Sonhos as potentially the next 100,000+ ounce per year gold mine in Brazil. The company plans to proceed with de-risking studies, including feasibility and advanced engineering, leading to a construction development decision. TriStar will host a webinar on September 5th to discuss this development. Additionally, the company has granted 3,250,000 incentive stock options to directors, officers, employees, and consultants at $0.195 per share, expiring on August 28, 2029.
TriStar Gold (TSGZF) announced that the Pará State Environmental Council (COEMA) approved the Preliminary License (LP) and Environmental Impact Assessment (EIA) for its Castelo de Sonhos gold project in Brazil on June 11, 2024. The final issuance of the LP awaits internal processes by the Secretariat for the Environment and Sustainability (SEMAS). The approval was unanimous and follows extensive efforts by TriStar's team and support from various local organizations.
CEO Nick Appleyard praised the team and highlighted the project's potential to unlock shareholder value, alongside their commitment to sustainable development in the region. TriStar's shares trade on the TSX Venture Exchange (TSG) and OTCQB (TSGZF).
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