TriStar Gold - $10M Financing Including Eric Sprott, Drill Program and Feasibility Study Plans
In this company update from TriStar Gold (TSX.V: TSG - OTCQB: TSGZF), President and CEO Nick Appleyard joins me to discuss the company’s the closing of a $10 million financing, including a $5 million investment from Eric Sprott - his first position in TriStar. This marks one of the largest financings in company history and signals renewed investor interest in advanced-stage gold developers.
Key topics covered:
- Use of funds from the financing: Launching an upcoming drill program focused on high-grade step-outs at the Esperança South zone of the Castelo de Sonhos Project in Brazil.
- Advancing toward feasibility: Timeline and permitting strategy for Tristar’s goal of completing a full Feasibility Study in 2026, including additional infill drilling and community engagement.
- Market sentiment shift: Eric Sprott and several new funds participating in the raise reflect growing interest in the developer space as gold prices remain strong and M&A activity picks up.
- News flow ahead: Drilling is expected to begin by July, with updates throughout the second half of the year.
Nick also shares thoughts on how TriStar is scaling its investor relations efforts to increase visibility and attract strategic interest as momentum builds in the gold sector.
Click here to listen to the prior interview focused on the updated PFS.
Click here to visit the TriStar Gold website to learn more about the Company and Project.
