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HOUSTON, TX – TriStar Gold Inc. (“TriStar” or the “Company” TSX.V: TSG) announces that its Board of Directors has priced the 2,275,000 options (the “Options”) which were granted to certain directors, officers, consultants and employees of the Company on July 15, 2010, in connection with the Company’s listing on the TSX Venture Exchange (the “Exchange”).

Subject to Exchange approval, the Options will be priced at $0.20 based on the current trading range and closing prices of the Company’s common shares since its listing on the Exchange on July 20, 2010.

Holders of the Options are entitled to purchase 2,275,000 common shares of the Company until July 15, 2015. The Options have been granted under the terms of the Company’s existing stock option plan and in accordance with the policies of the Exchange.

About TriStar

TriStar is a gold exploration company with properties in the Tapajós region of Brazil, comprised of the Bom Jardim and Andorinhas projects. The Company’s shares are listed on the TSX Venture Exchange under the symbol TSG-V. Further information is available under the Company’s profile on SEDAR at www.sedar.com

For further information, please contact:

TriStar Gold Inc.

Mark E. Jones, III
Chief Executive Officer
281-579-3400

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.