TSX.V: TSG 1
DIS ISCLAIMER 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
AN OUTSTANDING TEAM WITH A DEVELOPING PROVEN TRACK AN EXCEPTIONAL RECORD GOLD DEPOSIT 3
MANAGEMENT & DIR IRECTORS NICK APPLEYARD MARK E. JONES III P RESIDENT , CEO, D IRECTOR C HAIRMAN • Former CEO of Chaparral Gold • Founder & Chairman of Brazauro • Former Vice President of Corporate • Founder & Director of Crown Resources • Director of Arequipa Resources Development for International • Vice Chairman of Solitario Minerals SCOTT BRUNSDON BRIAN IRWIN DIANE GARRETT C HIEF F INANCIAL O FFICER C ORPORATE S ECRETARY , D IRECTOR D IRECTOR • Former CFO of Chaparral Gold, • Former partner at Dumoulin Black • President and CEO of Wellgreen International Minerals and Law Firm Platinum Placer Dome North America • Former Chairman of Ashton • Former President and CEO of Mining Romarco Minerals MO SRIVASTAVA QUINTON HENNIGH LEENDERT KROL V ICE P RESIDENT D IRECTOR D IRECTOR • Founder and President of FSS • President and Chairman of Novo • Director of Victoria Gold Canada Consultants and Resources and Romarco Minerals • Former exploration geologist with Benchmark Six • Former Vice President and • Advisor to Boards of Directors Homestake, Newmont, Newcrest Director for Newmont ELTON PEREIRA CARLOS VILHENA V ICE P RESIDENT D IRECTOR • 25+ years experience in mineral • Partner at Pinheiro Neto exploration throughout Brazil Advogados (Brazil) • Former exploration manager for • International Affairs Officer, Rio Tinto Brazilian Mining Association 4
CAPITAL S STRUCTURE TSX Venture Ticker Symbol: TSG As at 12 Jan 2018 Market Capitalization ~ $C 39 million Shares Issued 155.5 million Cash ~ $C 1 million Fully Diluted Shares 187.7 million Share Price $C 0.25 Stock Options 15.3 million 52-week Range $C 0.18 – 0.44 Warrants 16.9 million Majority of stock is held by funds, management, directors and associates Analyst Coverage ➢ Paradigm Capital: Don Blyth 5
CASTELO D DE SO SONHOS An Exceptional Deposit • Large gold deposit: 16 km strike, open at depth • Mineralization at surface → simple open pit • Operating analogous deposits: Tarkwa and Jacobina • Mining-friendly jurisdiction • Close to infrastructure, power, water and labour • Far from indigenous and environmentally sensitive land • Good metallurgical properties → high gold recovery • Strong candidate for companies seeking reserve replacement projects 6
EXPLORATION T TARGET R RANGE Total Project Area • Exploration Target Range (ETR) to reveal ETR is not a resource calculation, and there is no guarantee that the project will achieve these project potential resources if and when further drilling is done. • 2017 Resource released on drilling to date • In areas drilled, Resource: o tonnage exceeds upper limit of range Areas Drilled o metal content and grade within predicted 2017 Resource within ETR range • Drilling shows ETR models provide reliable predictions for continued resource growth 7
2017 RESOURCE U UPDATE 2017 Resource Estimate based on: 312 drill holes totalling 37,430 metres • 19,900 m of core drilling • 15,000 m of RC drilling Indicated - 8.9 Mt @ 1.8 g/t, containing 0.5 Moz of gold Inferred - 26.2 Mt @ 1.2 g/t, containing 1.0 Moz of gold Details available in the December 4 th 2017 press release entitled “ TRISTAR GOLD CONTINUES TO EXPAND RESOURCES AT CASTELO DE SONHOS ”. 8
CONTINUED RESOURCE G GROWTH • Geological definition improves continuity • Optical Televiewer and petrophysics • 2018 Drill Targets defined 9
CDS P PROJECT M MILESTONES 2016 Q3 Q4 2015 Q2 Q1 Extension Drilling Castelo de Sonhos July Dec Mar 7 New $4.3M Financing • Nov NI 43-101 Sept Management: New Institutional Phase 1 • Extension Report on Investment Investor Drilling Drilling Exploration $1.3M 100% ownership Castelo complete • begins Target Range de Sonhos 2017 Q1 Q2 Q3 Q4 Jul 13.2 million warrants Jan $5.1M Financing Nov 6 exercised: $2.1M NI 43-101 Phase 3 Drilling Castelo de Sonhos Resource Update Phase 2 Drilling complete 2018 Q1 Q2 Q3 Q4 Planned: Further drilling and Preliminary Economic Assessment Preliminary Economic Jan Assessment $3m Private placement 10
CONTACT IN 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 www.TriStarGold.com info@tristargold.com Website: E-mail: 11
TECHNICAL APPENDIX Tunnels dug by garimpeiros at CDS Field camp office at CDS Location of CDS plateau & village View of the Southwest extension Sample storage at CDS field camp from the air Esperança Central 12
2017 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 8.9 1.8 Indicated 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. 13
RC VERSUS CORE DRILLING Results give high degree of confidence in RC sampling protocols and results. 14
ESPERANCA CENTRAL Section A – A’ 14m @ 0.4g/t Elevation 8m @ 0.3g/t 590m 9.8m @ 0.5g/t 14m @ 0.3g/t 540m 15m @ 0.3g/t 7.75m @ 0.4g/t 16m @ 0.4g/t 2m @ 3.5g/t 490m 4m @ 0.4g/t N A A’ 12m @ 2.3g/t 1m @ 2.5g/t 5m @ 2.8g/t 18m @ 0.7g/t B B’ C C’ 0 10 20 30 40 50 m 1000m 15
ESP SPERANCE SO SOUTH Section B – B’ Elevation 630m 5.7m @ 0.4g/t ? 11m @ 1.0g/t >7.6m @ ~0.5g/t 16m @ 0.5g/t 580m 30.8m @ 1.7g/t 25m @ 0.4g/t N 34m @ 0.5g/t A A’ 46m @ 0.6g/t 530m B B’ C 50 m 0 10 20 30 40 C’ 1000m 16
ESP SPERANCE SO SOUTH Section C – C’ Elevation 1m @ 0.5g/t 18m @ 0.6g/t 620m 1m @ 0.4g/t 2m @ 2.5g/t 2m @ 1.1g/t 570m 14m @ 3.2g/t 16m @ 3.0g/t N 16m @ 1.0g/t A A’ 520m B B’ 1m @ 3.1g/t C 0 10 20 30 40 50 m C’ 1000m 17
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