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Be the first with the news that moves the market- Tristar Gold (TSXV:TSG) has received the assays from its Castelo de Sonhos drilling program in Brazil
- The 7428-metre program drilled 79 holes and will be used to form the pre-feasibility study for the site
- Results included 22 metres of strike at 2.5 grams per tonne gold, alongside eight metres at 6.9 grams per tonne
- The company has partnered with Goldspot, a Canadian AI company, to build the resource model of the site
- Tristar Gold (TSG) is up 3.1 per cent and is trading at C$0.33 per sharer
Tristar Gold (TSXV:TSG) has received the assays from a 79-hole drill program at its Castelo de Sonhos property in Brazil.
Amongst the best assay results from the program were 22 metres of strike at 2.5 grams per tonne gold, alongside eight metres at 6.9 grams per tonne
Other results included 10 metres at 3.2 grams per tonne gold, and 10 metres of strike at 1.3 grams per tonne gold.
The company is hoping to use the results to build out its pre-feasibility study of the project.
Tristar partnered up with Goldspot to run the exploration program on the site. The company expects to release Goldspot’s assessment of the satellite mineral deposits around the main site later this month.
Goldspot uses Artificial Intelligence to try and predict mineralization grade and location on gold properties.
Tristar’s President and CEO, Nick Appleyard said he was very pleased with the results from the assays.
“We are now seeing higher grade continuity between drill holes that will aid in modelling and help target further drilling.
“With most of the resource drilling now complete the next step is the geological interpretation and modelling, this will be completed once our consultants can safely travel to the project.
“We anticipate reaching the end of the initial scope of work with GoldSpot Discoveries soon and plan to aggressively test the new targets as soon as possible,” he said.
Tristar Gold (TSG) is up 3.1 per cent and is trading at C$0.33 per share at 11:00 pm EDT.
