www.tristargold.com TSX.V: TSG Investor Presentation August 2018
DISCLAIMER Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this presentation. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Certain statements contained in this presentation may constitute forward-looking statements under Canadian securities legislation which are not historical facts and are made pursuant to the "safe harbor" provisions under the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based upon the Company's reasonable expectations and business plan at the date hereof, which are subject to change depending on economic, political and competitive circumstances and contingencies. Readers are cautioned that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause a change in such assumptions and the actual outcomes and estimates to be materially different from those estimated or anticipated future results, achievements or position expressed or implied by those forward-looking statements. Risks, uncertainties and other factors that could cause the Company's plans to change include changes in demand for and price of gold and other commodities (such as fuel and electricity) and currencies; changes or disruptions in the securities markets; legislative, political or economic developments in Brazil; the need to obtain permits and comply with laws and regulations and other regulatory requirements; the possibility that actual results of work may differ from projections/expectations or may not realize the perceived potential of the company’s projects; risks of accidents, equipment breakdowns and labor disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in development programs; operating or technical difficulties in connection with exploration, mining or development activities; the speculative nature of gold exploration and development, including the risks of diminishing quantities of grades of reserves and resources; and the risks involved in the exploration, development and mining business. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise. Mo Srivastava, Vice President of TriStar Gold, is the Qualified Person who supervised the preparation of the technical information contained in this presentation and approves its publication. 2
DEVELOPING GOLD AN OUTSTANDING TEAM DEVELOPING WITH A AN EXCEPTIONAL PROVEN TRACK GOLD DEPOSIT RECORD 3
INVESTMENT HIGHLIGHTS • Competent management with proven track record - multiple recent success stories o Chaparral Gold, International Minerals, Brazauro • Large scale gold project (19km outcrop) with open-pit potential and simple metallurgy • Gold resource has grown by factor of 5 in last two years • Resource update and Preliminary Economic Assessment underway • Further upside potential remains o About half prospective target currently drilled • Established mining jurisdiction in Pará State, Brazil 4
MANAGEMENT & DIRECTORS NICK APPLEYARD P RESIDENT , CEO, D IRECTOR • Former CEO of Chaparral Gold; Former Vice President of Corporate Development for International Minerals SCOTT BRUNSDON C HIEF F INANCIAL O FFICER • Former CFO of Chaparral Gold, International Minerals and Placer Dome North America Management MO SRIVASTAVA V ICE P RESIDENT • Founder and President of FSS Canada Consultants and Benchmark Six; Advisor to Boards of Directors MARK E. JONES III E XECUTIVE C HAIRMAN • Founder & Chairman of Brazauro; Founder & Director of Crown Resources; Director of Arequipa Resources; Vice Chairman of Solitario BRIAN IRWIN C ORPORATE S ECRETARY , D IRECTOR • Former partner at Dumoulin Black Law Firm; Former Chairman of Ashton Mining QUINTON HENNIGH D IRECTOR • President and Chairman of Novo Resources; Former exploration geologist with Homestake, Newmont, Newcrest Directors DIANE GARRETT D IRECTOR • President and CEO of Nickel Creek Platinum; Chair of Revival Gold; Former President and CEO of Romarco Minerals CARLOS VILHENA D IRECTOR • Partner at Pinheiro Neto Advogados (Brazil); International Affairs Officer, Brazilian Mining Association LEENDERT KROL D IRECTOR • Director of Victoria Gold and Romarco Minerals; Former Vice President and Director for Newmont 5
CAPITAL STRUCTURE As at 10 August 2018 Market Capitalization ~ $C 36 million Shares Issued 178.8 million Retail Institutions 35% 38% ~ $C 2 million Cash Fully Diluted 215 million Insiders/A Shares ssoc Share Price $0.20 Stock Options 16.1 million 27% 52-week Range $C 0.18 – 0.38 Warrants 20.1 million • Insiders and Associates aligned with shareholders • High quality institutional investors • Significant free float. Analyst Coverage: Paradigm Capital - Don Blyth 6
Castelo de Sonhos - Project & Geology Size • 26,750 Ha property 100% owned • Large gold deposit: 19 km outcrop, open at depth Underway • Mineral resource estimate update • Preliminary Economic Assessment Straightforward Mining • Mineralization at surface → simple open pit • Simple metallurgy → 98% gold recovery • Environmentally clean → no sulphides Paleo-placer gold deposit with strong similarities to currently producing mines: Tarkwa and Jacobina 7
Castelo de Sonhos - Current Resource December 2017 Resource Estimate based on: 312 drill holes totaling 37,430 metres • 19,900 m of core drilling • 15,000 m of RC drilling Details available in the December 4 th 2017 press release entitled “ TRISTAR GOLD CONTINUES TO EXPAND RESOURCES AT CASTELO DE SONHOS ”. Indicated - 8.9 Mt @ 1.8 g/t, for 0.5 million oz gold Inferred - 26.2 Mt @ 1.2 g/t, for 1.0 million oz gold * Does not include 2018 drilling 8
Accessibility & Infrastructure Mining-friendly jurisdiction Pará Previously disturbed land and good support from local communities Close to national highway, water and labour Connected to national grid power Airstrip on site 9
RESOURCE GROWTH – 2018 Exploration Drilling • Esperança South o Extend known gold reefs • Esperança Center o Fill in gaps in resource model • Esperança East o Largest area of potential growth o Results have exceeded expectations New Targets • 2 new targets identified through soil geochemistry Upper conglomerate zone New Discovery Zone 10
COST EFFICIENT EXPLORATION TriStar discovery cost US$4.75/oz Jan 2016 to Dec 2017 CDS Acquisition, $1.13 CDS Exploration, $3.62 CDS Acquisition CDS Exploration NOTE: the global average numbers are exploration discovery costs, so compare to the CDS exploration cost of $3.62/oz. TriStar Gold’s ‘all - in’ number including G&A is US$7.67/oz 11
CDS PROJECT MILESTONES 2016 Q3 Q4 2015 Q2 Q1 Extension Drilling July Dec Mar New $4.3M Nov • NI 43-101 Sept Management 100% ownership Phase 1 • Report on Extension : Investment Castelo de Sonhos Drilling Exploration Drilling $1.3M complete Target begins Range 2017 Q1 Q2 Q3 Q4 Jul Jan Dec $5.1M Resource Infill Drilling Update Phase 2 Drilling complete 2018 Q1 Q2 Q3 Q4 Preliminary Jan Economic Resource Expansion Drilling Planned Planned Assessment $2.9M Financing Resource Update PEA 12
CONTACT INFORMATION Headquarters, (U.S.A.) Nick Appleyard: President & CEO Scott Brunsdon: CFO Scottsdale Office: +1 (480) 794-1244 Rahim Lakha: Corporate Communications (Toronto) +1 (416) 414-9954 TSX.V: TSG Website: www.TriStarGold.com info@tristargold.com E-mail: 13
TECHNICAL APPENDIX Portable diamond core rig Esperança Center and camp Visible gold in RC-322 for 2018 limited-access sites 23.14g/t Aerial view of kilometer-scale Seedlings grown on site to Samples ready for the lab garimpo trenches rehab drill pads and donate to village 14
CURRENT MINERAL RESOURCE Metal Content 1 Tonnage Grade Resource Region Category (Mt) (g/t Au) (Moz Au) Indicated 8.9 1.8 0.5 Esperança South Inferred 14.9 1.2 0.6 Indicated 0 0 0 Esperança Center Inferred 11.3 1.0 0.4 0.5 Indicated 8.9 1.8 Project Total 1.0 Inferred 26.2 1.2 1 The metal content estimates reflect gold in situ, and do not include factors such as external dilution, mining losses and process recovery losses. Numbers have been rounded to reflect the precision of Inferred and Indicated mineral resource estimates. The reporting cutoff corresponds to the approximate marginal cutoff for an open pit with total operating cost (non-waste mining + processing + G&A) of $US 15.00/t, metallurgical recovery of 98% and a gold price of $US 1,200/oz. These are mineral resources and not reserves and as such do not have demonstrated economic viability. TriStar is not aware of any environmental, permitting, legal, title, taxation, socio-economic, marketing or political factors that might materially affect these mineral resource estimates. 15
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