Mr. Nick Appleyard reports

TRISTAR GOLD REAFFIRMS COMMITMENT TO INDIGENOUS RIGHTS

Tristar Gold Inc. today reaffirmed its continued commitment to respecting indigenous rights, culture and territories, and says it is willing to seek a solution that respects all parties' rights, and provide a measure of transparency, good faith and long-term legal certainty.

Tristar reiterates its clear commitment that the company has not and will not undertake any mineral exploration or mining activities on indigenous lands. Tristar will not interfere in any way with indigenous territories, cultural heritage, traditional practices or the rights of indigenous communities.

Please see the company's Aug. 6, 2025, press release for details of a Civil Public Action (ACP) regarding the environmental licence for the company's Castelo Do Sonhos gold project. Details of the case are in the company's Sept. 26, 2025, and Dec. 3, 2025, press releases. Please also see Tristar press release of March 17, 2026, for specifics of the formal response filed by Tristar.

"Our objective has always been to build a project that respects both the law and the rights of indigenous peoples, and we believe we have achieved this," said Nick Appleyard, Tristar's chief executive officer and president. "The aim has always been to resolve this matter through constructive dialogue and mutual respect. A negotiated solution can provide lasting legal certainty for the project while safeguarding indigenous rights and allowing all parties to move forward with confidence. The ACP's actions against the company have resulted in a significant reduction in our community investment and in our staffing, and a deferral in the jobs growth that project development will bring."

The company maintains that the Castelo de Sonhos project has been designed to comply with all applicable environmental and regulatory requirements. The company also reiterates its longstanding commitment to respecting the rights, culture and territories of indigenous peoples.

Tristar believes that a collaborative and transparent approach is in the best interests of all parties and remains committed to working constructively with the indigenous communities, regulatory authorities and other stakeholders to achieve a lasting solution to the current lawsuit this year.

About Tristar Gold Inc.

Tristar Gold is an exploration and development company focused on precious metals properties in the Americas. The company's current flagship property is Castelo de Sonhos in Para state, Brazil. 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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