In 2013, the Company completed the acquisition of Portage Minerals Inc., a Canadian exploration company. As a consequence of the transaction, Tri-Star now owns Portage’s Bald Hill deposit, which is one of the largest undeveloped antimony projects in Canada. As outlined in the NI 43-101 technical report for the Bald Hill property, drilling indicated a potential quantity and grade in the 725,000 to 1,000,000 tonne range grading 4.11% to 5.32% contained antimony. The Bald Hill deposit presents a synergistic opportunity for Tri-Star given the potential to develop the deposit and for Bald Hill to become a potential future supplier of feedstock for the Roaster Project.
The Bald Hill Deposit, South Discovery and Bond Road trend areas are further described in the Bald Hill NI 43-101 Technical Report dated 28 October 2014 available here