TriStar Gold Inc. announced that the Para State Environmental Council (COEMA) met on June 11, 2024 in Belem, and has approved the Licenca Previa (Preliminary License or LP) and the Environmental Impact Assessment (EIA) for the Castelo de Sonhos gold project in Brazil. The formal issuance and gazettal of the LP should now only be subject to internal Secretariat for the Environment and Sustainability (SEMAS) processes. TriStar presented at the COEMA meeting to a positive and supportive response.

Subsequently the council unanimously voted in favor of the LP. The formal issuance of the LP is now in the hands of SEMAS, who will publish the formal approval in the State of Para gazette at . TriStar is not aware of any specific risks to the formal issuance of the LP, but neither are there any guarantees.

The development of the project, including future commitments detailed through permitting activities are all aimed at unlocking shareholder value. However, project development goes hand in hand with voluntary work in the local region, this is all focused on sustainable development that can have a lasting positive impact on the people that share this beautiful part of Brazil with.