Tristar Gold (TSG.V) is on a roll, it has money in the till and a pre-feasibility study heading for completion by Q4 2020 at its flagship Castelo de Sonhos (CDS) gold project in Brazil.
The CDS project covers six contiguous mineral claims spanning 26,751 hectares and holds approximately 700,000 ounces of indicated gold resource.
Tristar Gold operates in a prolific region which has been estimated to have produced 30Moz of the stuff between 1982 and 1995.
Having grown their resource by a factor of seven over the last three years with a after-tax IRR of 43% at a gold price of USD$1,250, this junior explorer has proven themselves to be more efficient than most in a world where gold prices have climbed considerably higher than $1,200.
Equity.Guru’s own Fabi Lara looks at Tristar and its potential at CDS to reveal the inner workings of a company well on its way to a potentially bright future. Tune in!