Castelo de Sonhos gold project
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TriStar Gold Reports Positive Court Decision in Civil Public Action on Castelo de Sonhos
Newsfile· 2025-12-03 12:00
Core Viewpoint - TriStar Gold Inc. received a favorable court decision regarding the Civil Public Action from the Federal Prosecutor's Office, which sought to suspend the environmental license for the Castelo de Sonhos gold project [1][2]. Legal Proceedings - The judge did not grant the injunction requested by the MPF and instead allowed the case to proceed through the normal litigation process, requiring the MPF and FUNAI to submit evidence within 30 working days [2]. - The timeline for the evidence submission is expected to conclude by March 2026, with the State of Pará and TriStar given 10 and 5 working days, respectively, to present their evidence [2]. Company Statements - TriStar's President and CEO expressed optimism regarding the judge's decision, viewing it as a positive step towards evidence production, with the State of Pará planning to request a technical expert report to demonstrate no environmental impact [3]. - The company highlighted that the Indigenous Lands are over 20 km away from the Castelo de Sonhos project, which exceeds the federal threshold for potential impacts, and confirmed through technical studies that there are no impacts from the project [3]. Project Status - The Licença Prévia (Preliminary License) for the Castelo de Sonhos project remains effective and unrestricted during the ongoing legal proceedings [5]. Company Overview - TriStar Gold is focused on exploring and developing precious metals properties in the Americas, with its flagship property being the Castelo de Sonhos in Pará State, Brazil [6].