Mr. Nick Appleyard reports

TRISTAR GOLD REPORTS POSITIVE COURT DECISION IN CIVIL PUBLIC ACTION ON CASTELO DE SONHOS

Tristar Gold Inc. has provided an update on the Civil Public Action from the Federal Prosecutor's Office (MPF) seeking an injunction suspending the environmental licence for the Castelo de Sonhos gold project; please see the company's Aug. 6, 2025, press release for details.

In a recent decision, the Judge declined to rule on the injunction request from the MPF, instead moving the case forward along the normal path. He ordered the MPF and FUNAI (the National Foundation of Indigenous Peoples) as co-litigants to file a reply and identify any evidence they wish to produce, within 30 working days. Once these two parties have filed, the state of Para and the company will be provided 10 and five working days, respectively, during which the evidence that they wish to utilize will be indicated. This sequence of events is estimated to end in March, 2026.

Nick Appleyard, Tristar's president and chief executive officer, stated: "We view the judge's decision to move the case along the typical litigation path as very positive, with evidence-production being the next phase. The state of Para has already announced in its defence that the injunction must be denied, and it will request a technical expert report to show there is no impact. It will be an important stage of the case, as we are very confident in the robustness and reliability of our studies."

Mr. Appleyard continued: "As we head into the evidence production, it is important to keep in mind that the Bau and Menkragnoti Indigenous Lands are over 20 km from the directly affected area of the Castelo de Sonhos gold project, which exceeds the reach of any possible future impacts from the project and the threshold in the Federal Interministerial Ordinance No. 60/2015. Although the project is located far from indigenous lands, a fact that was confirmed by FUNAI, distance was not Tristar's guiding factor, Tristar also carried out technical studies that confirmed there are no impacts of any kind."

While this action is continuing, the Licenca Previa (preliminary licence or LP) for Castelo de Sonhos remains effective, with no restrictions.

About Tristar Gold Inc.

Tristar Gold is an exploration and development company focused on precious metals properties in the Americas that have the potential to become significant producing mines. The company's current flagship property is Castelo de Sonhos in Para state, Brazil. The company's shares trade on the TSX Venture Exchange under the symbol TSG and on the OTCQB under the symbol TSGZF.

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