Minerals
Global demand for minerals is set to skyrocket, to double or even quadruple existing demand by 2040 according to the International Energy Agency.
To meet this demand, new mineral resources must be found. This will involve greenfield exploration.
Tri-Star has mineral rights associated with its petroleum interest in North America. Additionally, Tri-Star has made investments via equities into lithium, uranium and gold entities with interests in North America and Australia.
In the past 5 years, Tri-Star has rapidly built a large portfolio of mineral exploration interests in Australia, the United States and Germany. Most of this portfolio is greenfield but includes the potential for gold, copper, iron, nickel, lithium, tungsten, silver, platinum, palladium, tin, and cobalt. Additionally, Tri-Star has made investments via equities into lithium, nickel, copper and gold entities with interests in North America and Australia. Tri-Star is also reviewing investments in more projects where discoveries have been made but additional drilling is required to demonstrate the commerciality of the project.
Assets
Operated
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Tri-Star is the 100% holder of eight Exploration Licences which cover more than 15,000 square kilometers.
It is an undercover, greenfield, frontier exploration project.
The exploration target is minerals including critical minerals and several significant geological anomalies have been identified.
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Exploration by Tri-Star Gold at the EinGold project, located 30 to 100 km south of Georgetown, commenced in 2015 upon grant of the first tenement application. Today, the Company’s EinGold project entails seven tenements with a total area of greater 800 km2.
The EinGold project is considered highly prospective given its location near and along strike from the historic multi-million ounce Kidston gold mine, formerly Australia’s largest gold producer. Previous work by Tri-Star was limited to geological reconnaissance and localised geochemical and geophysical surveys. More recently, the Company has embarked upon and commenced a systematic, staged exploration program.
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Tri-Star has a vast portfolio of Exploration Permits for Minerals in prospective areas for gold, copper, and other minerals, including critical minerals. Tri-Star has a 100% interest in these EPMs.
These areas are proximate to current mining operations, historical mineral discoveries, and necessary infrastructure. A substantial portion of these Exploration Permits for Minerals are adjacent to the Ravenswood gold mine, the largest gold mine in Queensland.
Tri-Star is actively exploring these areas and several promising prospects have been identified.
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Tri-Star has been active in the Ravenswood Batholith since 2016, following the grant of the Company’s first tenement application. Over the past six years, Tri-Star has acquired a significant tenement holding in the region, covering over 1,000 km2 of highly prospective tenure contained within the Brook and Ravenswood projects. The latter are located within a 40 km radius from the small mining town of Ravenswood, home to what will soon become the largest gold mine in Queensland.
To date, Tri-Star Gold has completed several geological reconnaissance and surface geochemical sampling programs as well as two drilling programs. Detailed geological, geochemical and geophysical studies undertaken in 2021 have identified several priority targets for follow-up. Field reconnaissance and geophysical surveys are currently underway with drilling of the most prospective targets expected to commence later in 2022.
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Tri-Star is the 100% holder of 34 Exploration Licences covering more than 30,000 square kilometres.
The greenfield exploration project is targeting uranium, gold, copper, iron ore and other minerals including critical minerals.
Tri-Star is actively exploring this vast portfolio and many promising prospects have been identified for further exploration.
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Tri-Star has directly acquired and has interests in 9 exploration licences in the ore mountains in Saxony Germany.
The target commodities in these licences include antinomy, tin, gold, tungsten, lithium, silver, base metals, platinum, palladium, uranium and cobalt.
The exploration is at various stages across these licences and ranges from preliminary exploration activities to drill-ready targets.
Tri-Star’s exploration efforts strongly align with the European Union’s goal of developing domestic resources to reduce reliance on imports.
Other resources
Petroleum
Petroleum is and is forecast to remain essential for global energy security. Global disruption and supply chain shocks continue to demonstrate the vital role of diversified petroleum supply.
Coal
Tri-Star holds direct interests in coal exploration tenements close to some of the largest coal mines in the World. Through several investments, Tri-Star also has exposure to high-quality Metallurgical coal and thermal coal production assets in Australia.
Uranium
Tri-Star Group's investments in uranium demonstrate its commitment to sustainable energy development and its focus on driving innovation and growth in the energy sector. By investing in this valuable source of clean energy, Tri-Star Group is helping shape the energy industry's future and build a more sustainable world for generations to come.