TriStar Gold Inc. provided an update on the application for the Licenca Previa (Preliminary License or LP) for the Castelo de Sonhos gold project in Brazil. On December 12, 2023, TriStar received a notification from the Secretariat for the Environment and Sustainability (SEMAS) for Para State to clarify certain issues in LP process, which was duly responded to in the timeframe requested. TriStar recently received a new notification with issues for clarification, which has also been responded to.

This back and forth shows that SEMAS are ensuring they have a correct understanding of the project and are doing their jobs vigorously and professionally to minimize the possibility of errors in the licensing process.