An anonymous director reports
TRISTAR GOLD CEO RESUMES ROLE
Tristar Gold Inc. president and chief executive officer Nick Appleyard has returned from leave, effective April 1, 2025. Please see the company's Dec. 6, 2024, press release for details. Jessica Van Den Akker, who has assumed the role of interim CEO during Mr. Appleyard's absence, is continuing her role as a director of Tristar.
In addition, the company is also providing an update on the requests from a federal public prosecutor to the government regulators related to Tristar's Castelo de Sonhos gold project in Brazil. See the company's press release from Oct. 1, 2024, for details. Tristar is pleased to confirm that there has not been any additional support for the prosecutor's position. The Para Secretariat for the Environment and Sustainability (SEMAS), Tristar's principal regulator, has shown strong support for the permitting process completed at Castelo de Sonhos. Please see the company's press release from Dec. 19, 2024, for details of the response from regulators.
"I remain confident in the robust permitting process completed at Castelo de Sonhos and see the support for this project from SEMAS and the community as a testament to the potential benefits it could deliver," said Mr. Appleyard. "Our preliminary licence for Castelo de Sonhos was received in August, 2024, and remains valid with no restrictions in place as we continue to look at financing options to advance the project through drilling and feasibility to a construction decision. I would also like to thank Tristar director Jessica Van Den Akker for assuming the interim CEO role during my absence and ensuring business continuity during this important time."
About Tristar Gold Inc.
Tristar Gold is an exploration and development company focused on precious metal properties in the Americas that have the potential to become significant producing mines. The company's current flagship property is the Castelo de Sonhos gold project in Para state, Brazil. Tristar has completed a prefeasibility study and is working to advance the project toward a feasibility study while evaluating optimization options. The company's shares trade on the TSX Venture Exchange under the symbol TSG and on the OTCQB under the symbol TSGZF.
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