Commencement Of Drilling At The Castelo De Sonhos Project


SCOTTSDALE, AZ - TriStar Gold Inc. reported the start of a major exploration drilling program at its Castelo de Sonhos gold project. This drilling is principally designed to test new exploration targets and to expand the known mineral resource at Castelo de Sonhos.

"The drilling is now up and running in this program, and our whole team is excited about it," says Nick Appleyard, President and CEO. "As of today, we have two drill rigs at site drilling with a third rig arriving in a couple of weeks, meaning it's going to be a very busy fourth quarter for us. We anticipate reporting results from the initial holes starting in November."

The first three to five core drill holes will be located in the northern end of Esperança South, targeting extensions of promising results from previous drilling, where the rugged terrain limits access of the larger RC rig. As soon as these holes are complete, the core rig will target the CDS Deeps target of remobilized gold following the intrusion by younger granitic rocks. The first six RC drill holes will be targeting shallow, previously untested conglomerate horizons in the valley to the east of Esperança South. If these holes successfully intersect conglomerate-hosted gold in the valley, there is scope for a lot more upside drilling in this area. Following this, the RC rig will be prioritizing the completion of requirements for the pre-feasibility study drilling, which is scheduled for completion it early next year.