TriStar Gold proposes appointment of Nick Appleyard as director, President and CEO of TriStar. Mark E. Jones III will remain as Executive Chairman of the Board. Mr. Appleyard was the CEO of haparral Gold Corp.

since its founding and oversaw Chaparral's sale to an affiliate of Waterton Global Resource Management. He was also Vice President of Corporate Development of International Minerals Corporation which was sold to Hochschild Mining Plc. As a senior officer of IMZ, Nick was responsible for the technical management of IMZ's mining and exploration projects in Peru, Nevada and Ecuador.

Other proposed key additions to the TriStar senior management team are Mr. Mo Srivastava, who is to be appointed to the position of Vice President and Mr. Scott Brunsdon who is to be appointed Chief Financial Officer upon completion of the Private Placement. Mr. Brunsdon is former CFO of both Chaparral and IMZ and he has spent over twenty eight years in the financial and management sectors of the mining business including seventeen years with Placer Dome. Mr. Srivastava is a leading geostatistician and mathematician with over twenty years' experience in resource estimation and project development.

He has consulted for many companies in the mining and oil and gas sectors. In addition to the above proposed management and board changes, TriStar, welcomes Messrs. Tony Brown and Mark Cannuli who will be named technical advisors to the Company and who will be integral to TriStar's efforts to advance the Castelo de Sonhos property.

Mr. Cannuli was exploration manager for both Chaparral and IMZ. Mr. Brown was a founder of MRDI and is a process engineer with over 30 years' experience in all facets of metallurgy and project engineering.