Tri-Star Holdings began publicly trading through TSHL.PK in August of this year and has since then kept investors up-to-date on their progress every step of the way. In the last five months, Tri-Star has closed the acquisition of Blue Jay #12, Blue Jay #13 and Blue Jay #14 copper claims in the Lemhi Mountains of Idaho, acquired two gold mines in the Salome valley, Arizona, purchased metals recovery and processing equipment, announced a shareholder dividend and much more.
The management has strategically established a plan of operations going forward and has relayed that plan to shareholders. With a primary focus on systematically and cost-effectively expanding its metals recovery efforts throughout its claims in Arizona, Nevada and Idaho, the company anticipates further expanding operation at the Wickenburg claim until full-scale production is achieved while continuing operations at the COS #1, and Cos #2 claims and then the Lucky Linda #1 claim in Nevada.
The company’s Board of Directors and Chief Geologist agree that the established plan is in the best interest of the company as well as its shareholders. CEO Anthony Mellone commented, “I said I was not going home until I found gold, and while our operations this week are just the beginning, we have continued to meet our goals here in Wickenburg while establishing an order of operations to maximize our assets with sensible expectations over a realistic time line.”
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