• TriStar Gold outlined updated after-tax economics for Castelo de Sonhos, citing IRR 40% with NPV5 US$603 million at US$2,200 gold, rising to IRR 72% with NPV5 US$1.35 billion at US$3,200 gold.
• Probable mineral reserves shown at 38.7 million tonnes grading 1.1 g/t Au for 1.4 million oz, across Esperança South, East, Center.
• Updated PFS base case highlighted 121,000 oz/year average output over an 11-year mine life, initial capital US$296 million including 20% contingency, AISC US$1,111/oz, payback 2 years at US$2,200 gold.
• Mine plan described as two-phase with a 3.6 Mtpa CIL plant, 98% gold recovery, higher-grade Esperança South in years 1-6 followed by Esperança East and Center in years 7-11.
• Permitting update noted LP permit remains valid, with court process awaiting a judge’s ruling following evidentiary submissions tied to FUNAI and Indigenous Component Study requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TriStar Gold Inc. published the original content used to generate this news brief on May 07, 2026, and is solely responsible for the information contained therein.