Archive for the ‘Tri-Star Holdings Inc. TSHL’ Category

Tri-Star Holdings, Inc. (TSHL.PK) Enters Discussions of Merger with UC Hub Group, Inc. (UCHBE.OB)

Thursday, December 4th, 2008

Today before the bell, Tri-Star Holdings, Inc. announced that it has been in discussions with UC Hub Group, Inc. (UCHBE.OB) regarding the possibility of a merger/acquisition. Tri-Star management initiated the negotiations with the goals of achieving enhanced transparency and shareholder value, access to human resources and infrastructure, and to facilitate future acquisitions.

According to the press release, the companies are in preliminary stages and any merger or acquisition would remain pending the execution of definitive agreements. The company has received a memorandum from UC Hub Group, Inc. and will announce future developments and/or terms of agreement via press release and on the Tri-Star website.

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Tri-Star Holdings, Inc. (TSHL.PK) Provides Mining Operations Update

Wednesday, December 3rd, 2008

Today before the bell, Tri-Star Holdings announced that unfavorable weather conditions slightly delayed their mining operations. According to the press release, additional equipment is being delivered today to work on locations targeted by Azrock Mining and Company officers. The small trammel mill is already on location.

The company also announced that it has been making progress in the filing process with the BLM (Bureau of Land Management) for its mining claims in Arizona and Nevada. Arizona BLM officials visited the Wickenburg site last month to meet the management team and discuss the operation and planning. The Wickenburg claim contains both private and BLM land. Operations have begun on the private portion that does not require filing with the BLM. Before mining operations are begun on the BLM portion, permits, Intent to Mine, and Reclamation documentation is required.

Although the weather delayed small scale operations, Azrock mining is on schedule with the equipment, its modifications and delivery, and additional updates are expected later this week regarding Tri-Star’s expanded operations in Wickenburg.

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Tri-Star Holdings, Inc. (TSHL.PK) Joins QualityStocks for Exclusive Interview

Tuesday, December 2nd, 2008

Today, QualityStocks published a 12 minute interview featuring Larry Nunley from Azrock Mining of Arizona. In the interview, Mr. Nunley shared background on Tri-Star Gold, a subsidiary of Tri-Star Holdings, as well as his relation with the company. He also gave his personal insight on the company’s current operations and future goals.

To hear the entire interview, visit: http://www.qualitystocks.net/videocharts.php?chartvid_id=128

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Tri-Star Holdings, Inc. (TSHL.PK) Stands Out Among their Peers

Friday, November 28th, 2008

Tri-Star Holdings, Inc. trades on the Pinksheets exchange, which is frequently associated with companies that have little disclosure and show little concern to the shareholder. However, prudent high-risk investors realize that not all companies fit this description and recognize the tremendous returns available in this market.

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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Tri-Star Holdings, Inc. (TSHL.PK) Provides Update on Gold Mine, Dividend Update

Tuesday, November 25th, 2008

Today, Tri-Star Holdings, Inc. released the following shareholder update and address from President Anthony Mellone in reply to investor inquiries regarding the management’s recent visit to the Wickenburg mine:

“On Thursday, Robert Chastain began training improved technique in the way of the trammel’s operation to increase yields and processing efficiency. After increasing the water flow and decreasing the overall pitch, we started seeing gold. Once the equipment was calibrated we retrieved 1.4 grams of gold flakes and pieces out of one wheel barrel sample that had previously been processed with no yields.”

“To boost our processing, we have begun digging a holding pond for water to be drawn on site. We also took out a one-inch layer of black sand and gold dust we believe to contain as much as 30% gold dust in the black sand. We estimate that we should retrieve one ounce per ton of gold (let alone silver and platinum) to start with. Azrock Mining should be processing upwards of 35 tons per day beginning this week with our current scale of operation.”

“Assuming that all runs smoothly and barring any equipment delays, we should be able to maintain processing 35 tons a day, generating at least $20,000.00 a day in gold recovery revenues for the first two to three weeks ($140,000.00 producing seven days a week). We also anticipate the arrival of additional equipment on site within a week that, if on schedule, will boost our production to 100 tons a day. Production should reach full scale operations at 200 tons processed per day within two months — a major landmark for the company.”

“We are now processing the video footage from the operations, and compiling pictures of the extracted gold and plan to have this content posted on www.tristargold.com by Wednesday. Additionally, all dividend shares have been mailed out. Registered holders will receive them at their registered address, and those held “in street name” will be received by the various financial institutions. If you have any questions about your dividend shares, please begin by inquiring with your broker.”

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Tri-Star Holdings Inc. (TSHL.PK) Makes the News with Wickenburg Mine Operations

Monday, November 24th, 2008

Tri-Star Holdings, Inc. is an up and coming diversified holding company that is targeting developing and undervalued technologies with massive potential for return and increased shareholder value. Based out of Florida, Tri-Star is operating in two principal industries through its medical and noble & precious mining divisions.

The company’s primary goal is to continue to develop its diversified operations while acquiring further asset-based companies that are either generating revenues or have proven assets with the potential for large profit margins. Lately, the company’s precious mining divisions have taken center stage at Tri-Star and have gained the company national recognition.

On November 19th, Tri-Star announced that several developments have taken place at the Company’s gold placer mining claim on the Hassayampa River in Wickenburg, Arizona. Tri-Star CEO Anthony Mellone and Director of Security Gordon Graham have been on location overseeing placement of equipment, additional equipment purchases and conducting video interviews for public release.

Azrock Mining arrived with the company’s trammel refinery and assorted equipment for initial placement and operations. The equipment was placed for initial processing tests and Azrock officials, together with Mr. Mellone and Mr. Graham, began processing raw earth. The company also purchased a 2,300 gallon water truck to temporarily meet the on-site water needs of the processing operations until a well is established on the property. Management stated that operations will continue and anticipates announcing its first production results early this week.

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Tri-Star Holdings, Inc. (TSHL.PK) Strategically Plans Order of Mining Operations

Thursday, November 20th, 2008

Today before the opening bell, Tri-Star Holdings announced that the company has planned out its order of mining operations to advantageously and cost-effectively expand its metals recovery efforts in Arizona, Nevada and Idaho. The company also stated that representatives have successfully refined gold from its 25 acre gold mine claim on the Hassayampa River with small-scale processing equipment. Operations will continue to be expanded at the Wickenburg claim until full-scale production is reached.

The initial small-scale operations will continue to be established at the COS #1, and Cos #2 claims and then the Lucky Linda #1 claim in Nevada. According to CEO Anthony Mellone, the Company’s Board of Directors and Chief Geologist agree that it is in the best interest of the company and its shareholders to progress in this order to maximize profitability. They believe the Wickenburg site’s ease of accessibility will produce the most immediately profitable revenues for the company.

Additionally, company representatives discussed the progress made with third party recovery operators. They also discussed a possible processing arrangement utilizing their new technology and state-of-the-art recovery plant in Phoenix, which is known to recover as much as 99.9% of all the precious metals content. The company also stated that additional ore samples have been delivered to the Phoenix facility for additional testing to confirm the per ton percentages of gold, silver and platinum contained and recoverable.

The press release went on to announce that workable placer mine sites were identified on the property, with additional gold located in various areas around the property. Mining engineer Robert Chastain will be training new crew members today to efficiently operate the placer equipment for higher yields and increased capacity. Tri-Star management anticipates generating revenues from the Wickenburg operation by next week. The company plans to utilize a similar operation model at COS #1 then COS #2 after a standalone operation has been fully established.

“By the time COS #1 and #2 are nearing full operations and generating revenues, all our requirements with the Burearu of Land Management (BLM) and State of Nevada Environmental Division should be satisfied to the degree that operations can be established at our Nevada mine, Lucky Linda. Also, our systems shall be in order such that we can efficiently and systematically install the necessary infrastructure cost-effectively and swiftly,” said CEO Anthony Mellone.

He continued, “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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Tri-Star Holdings, Inc. (TSHL.PK) Updates Shareholders on Wickenburg Mine Operations

Wednesday, November 19th, 2008

Today before the bell, Tri-Star Holdings announced that several developments have taken place at its gold placer mining claim on the Hassayampa River in Wickenburg, Arizona. According to the press release, both the CEO and Director have been overseeing the placement of equipment, additional equipment purchases and conducting video interviews that will be released to the public.

The company’s trammel refinery and assorted equipment arrived for initial placement and operations. Tri-Star is also utilizing a 2,300 gall water truck to temporarily meet on-site water requirements of processing operations until a well is established. The management team anticipates operations will continue throughout this week and looks forward to announcing first production results early next week.

Tri-Star Holdings, Inc. was founded with the primary goal of identifying and investing in undervalued companies and technologies with exceptional return potential. The company looks for opportunities that, with the proper funding and support, can generate significantly increased revenues.

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Tri-Star Holdings, Inc. (TSHL.PK) Finds Increased Revenue Potential at Arizona Mining Facility

Tuesday, November 18th, 2008

Tri-Star Gold, a subsidiary of Tri-Star Holdings, Inc. (TSHL.PK), recently announced that its Arizona operation has shown greater gold deposits than were initially estimated. In recent weeks the mining claim COS1 in Salome, Arizona performed a hard dig that garnered ore with a larger percentage of gold in it than the first day’s samples produced. The company plans to dig up to 15 tons of ore before they refine it. This will ensure that the company has a better estimate of the site’s potential.

“We are happy with the results and the mineral right of ore we are locating. Larry and his crew are working hard at covering the location we began mining, and it is looking better every day. Once we hit the vein we will increase operations and move the equipment needed to get the ore out of the location. It’s not an easy location to get to or to remove the ore to an extraction location, but we are designing plans to equip the area to our needs,” said Anthony Mellone, CEO of Tri-Star.

Precious metals, such as gold, fit the needs of many investors during this time of economic uncertainty. The rush for gold started earlier this year when oil rose to $110 per barrel and the real estate market took a dive with the mortgage fund collapse. Investors turned to gold and drove the price to more than $1000 per ounce. Today’s market shows trading has stabilized down to around $740.

“Gold is attractive in an economic downturn because you can’t default on it and unlike money, you can’t just print more of it. The finite supply at a time increasing demand also pushes the price up further,” stated Mark Dampier, an independent financial advisor at Hargreaves Lansdown.

As gold continues to be considered a “safe harbor” during financially turbulent times, Tri-Star is in the right niche. The latest development at the Arizona facility only solidifies the potential revenue stream the company forecasted earlier this year.

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Tri-Star Holdings, Inc. (TSHL.PK) Updates Shareholders with CEO Address

Thursday, November 13th, 2008

Today, Tri-Star Holdings released a shareholder update and address from CEO Anthony Mellone to answer the most common questions received from investors. Concerning the dividend, the Global TV Network was acquired from Tri-Star Holdings by a bulletin board company for restricted common shares in that company to be held and exchanged for Global TV Network shares upon the successful registered spin-off of Global TV Network. Because Tri-Star has not yet received the shares and the spin-off was not been completed in an acceptable time frame, management decided it would best benefit shareholders to retain the UC Hub Group shares as an asset of the company and to issue shareholders a dividend of Tri-Star Holdings shares.

Concerning the company’s plans for reporting disclosure, Tri-Star stated it is in the process of compiling records, books and materials for initial auditing and voluntary disclosure. The company anticipates completing and disclosing all material information voluntarily once a preliminary audit through the period ending December 31, 2008 is completed. Upon completion, Tri-Star will contract an independent auditor to certify their audit, positioning the company for either a move-up or increased disclosure tier on pinksheets.com, including, but not limited to the OTCQX.

In regards to progress of developments and the status of operations at the company’s mining properties, CEO Mellone stated, “Our rapid acquisition of multiple mining properties has at each acquisition, brought the company higher gross production potential. However, equipment needs, together with human resource, systems, security and basic infrastructure needs, along with geological assessments and metals content assays have all contributed to the greater need to comprehensively survey the company’s reserves and establish an order of operations to maximize revenues in stages of production. These opportune developments were unforeseen at previous stages; for example, when we announced we would begin preliminary operations at Lucky Linda, the opportunities for our new claims were arising.”

“Believe me, I am just as eager, if not more, than any of our shareholders to begin full operations across the board and start the full scale processing of our ample reserves of noble and precious metals, but we need to fully assess each property and establish an order of operations that will maximize the results of our efforts, operational revenues, and shareholder value. Our recent equipment purchase was a windfall for us and will enable cost-effective production implementation at one or more properties, potentially simultaneously if they are close together. The equipment, purchased primarily with $2,000 down and restricted 144 stock is in excellent condition and has enabled us to eliminate the need for the more expensive (especially with associated finance costs) new Superminer 150, a development that we are thrilled about,” continued Mellone.

He further stated, “Hence, while we are going forward with BLM protocol and infrastructure development at Lucky Linda, we are looking towards the Arizona properties to begin full production. Azrock Mining, Gorden Graham director of security and myself are planning further inspections at the Wickeburg mine this weekend. Once we have satisfactorily completed our sampling and testing there (on or about the middle of next week), we fully intend to begin small full scale operations at one site and generating metals revenues by the end of the month. We are proud and excited to announce these marked developments.”

The company also revealed that they are in negotiations with two more mining properties, one in Africa and another in California. These potential acquisitions would round out Tri-Star’s diversified minerals portfolio. The press release noted these acquisitions will not “cause further pause for strategic assessment as our Southwest properties have rightly done.” However, they are to strategically diversify the company’s portfolio.

In closing remarks, Mellone stated, “Rest assured, we are working diligently and as expediently as possible to make progress across all divisional operations of the company. We too are shareholders and have the long term sustainability of revenue generation and shareholder value in mind. We are in pursuit of the long term success of this company and are confident that our efforts will yield positive results for all our shareholders. While there will be delays, we are pleased to actually be ahead of our anticipated schedule while embracing the new developments and opportunities that have arisen along the way.”

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Tri-Star Holdings, Inc. (TSHL.PK) Purchases Necessary Equipment for Arizona Gold Mines

Wednesday, November 12th, 2008

Tri-Star Holdings, Inc. announced this morning that it has signed purchase agreements for metals recovery and processing equipment for its COS #1, #2, and Wickenburg mines in Arizona. This equipment, valued more than $200,000.00 new, was purchased in good used condition after extensive research to save substantial amounts of cash.

As terms of the agreement, the equipment was purchased with a combination of restricted stock and cash. The company will work alongside Azrock Mining to establish plant locations for the installation of the processing equipment once geological and operational assessments are completed on the COS #1 and #2 mines, as well as on the recently acquired Wickenburg mine. Tri-Star’s management team anticipates announcing several updates as the installations progress.

Tri-Star President Anthony Mellone stated, “We are thoroughly satisfied with our negotiation of this equipment acquisition. Upon receipt of our assessments, together with the input of both our Chief Geologist Mr. Spooner and Azrock Mining we anticipate a speedy transition to production. We firmly believe that production revenues generated by our metals recovery division will assist in our efforts to enhance shareholder value.”

“Furthermore, we are in the process of compiling disclosure information with regards to the company’s operations across the board which we will disseminate via pinksheets.com. We believe that increased transparency is essential to market analysis and the valuation of our price per share which we believe is currently undervalued. Further details will be announced and also will accompany the dividend distribution to shareholders,” concluded Mellone.

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Tri-Star Holdings, Inc. (TSHL.PK) Signs Definitive Agreements to Acquire Mineral Rights

Tuesday, November 11th, 2008

During late morning trading, Tri-Star Holdings announced the execution of definitive agreements to acquire 80% of the mineral rights to the Wickenburg gold placer mining claim owned by Rusty Murphy. This 25-acre placer property located on the Hassayampa River is located in an area that was mined by a foreign group in the late 1980s. It has been estimated that 2 million to 3 million cubic yards of placer exists.

Scott Spooner, Tri-Star Chief Geologist, targeted and negotiated the deal. He stated that Azrock Mining began surveying the property early today. The company anticipates receiving updated sample information from the Company’s other mining claim’s COS #1 tests and has plans to announce the results publicly. These test results are expected to be delivered this week.

Tri-Star Management also reiterated that the date of record for its previously announced dividend has been set for this Saturday, November 15, 2008. Every shareholder on record at the appointed date will receive a shareholder letter and one share of Tri-Star Holdings, Inc. 144 restricted common stock for every ten shares of common stock held. The distribution date has been set for November 20, 2008. Fractional shares will be rounded up and mailed to shareholders of record according to the company.

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Tri-Star Holdings, Inc. (TSHL.PK) Subsidiary Estimates Tremendous Potential at Idaho Claims

Monday, November 10th, 2008

Tri-Star Gold, a subsidiary of Tri-Star Holdings, Inc. (TSHL.PK), is focused on acquiring and developing properties to produce platinum, gold, silver, and copper. Tri-Star has a number of properties located in Nevada, Arizona, and Idaho. Three of their claims contain a copper and precious metal vein system that measures about 100 feet wide and 4200 feet long. This vein system has previously produced high-grade copper, gold, and silver ore. The company’s estimates on the potential recoverable metals at its Blue Jay claims are quite substantial.

A portion of the Blue Jay claims have a long mining history. Starting in the 1800s, mining at the Blue Jay Copper Mine began. Consisting of a six stamp mill, several underground adits, shafts, and open pits, the site was periodically mined up until the 1930s. A significant find occurred in 1950 when Consolidated Mining and Smelting (CM&S) of Trail, British Columbia, hired Robert Chastain to prospect the area. Chastain was able to mine twelve 50-ton train cars of ore that was shipped to Anaconda Smelting and Mining. The processing at Anaconda determined that the ore contained greater than 2% of copper. CM&S was encouraged by the copper values, but did not pursue the site’s potential due to an extreme decrease in copper prices.

Local geology has found the vein material consists of a quartzite component along a highly fractured and mineralized section of altered granodiorite zone. The exposed vein is over 3000 feet high, while the quartz section averages about six feet thick. The mineralization found on most of the fracture surfaces consist of copper oxide and copper sulfide minerals including azurite, malachite, chrysocolla, and cuprite with some bornite. Eight composite samples were collected across the vein, which found copper values ranging from 0.01% to 11.6%, gold ranging from 0.004 opt to 0.016 opt, and silver from 0.05 opt to 0.55 opt.

Based upon the sample results, Tri-Star feels the Blue Jay claim and the surrounding area has the potential to generate high grade ore. The site appears to be capable of producing a large tonnage copper deposit and possibly become an open pit mining property. With the positive output on the Blue Jay claim, Tri-Star is considering purchasing the Ray Mine located just south of Blue Jay, which already contains a 500 foot shaft with ancillary underground working.

Based upon the samples and geological testing performed at the site, the Blue Jay claim does have the potential to bring Tri-Star and shareholders a huge payoff. The company estimates that 352,800 ounces of gold valued at $258,284,880 and 9,765,000 ounces of silver valued at $129,679,200 can be recovered from the site. Tri-Star further estimates that 2,646,000,000 pounds of copper valued at $9,790,200,000 can be recovered, which brings the total value of the site to $10,178,164,080.

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Tri-Star Holdings, Inc. (TSHL.PK) Announces QualityStocks Coverage

Wednesday, November 5th, 2008

Tri-Star Holdings, Inc. will be featured in upcoming Daily Newsletters, Daily Blogs, Message Boards, and the Small Cap Daily Internet broadcasts put out by QualityStocks. QualityStocks has over 740,000 subscribers to The Daily Stock Newsletter, which is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters and puts it all into one Free Daily Newsletter Report.

Mr. Anthony Mellone, CEO of Tri-Star Holdings, has the company focused on identifying and investing in undervalued companies and technologies with exceptional return potential. The company is currently forming TriStar Gold to take advantage of precious metals mining opportunities, and has recently begun development of its first gold mine, Cos #1 in Arizona.

Mr. Mellone stated, “Tri-Star Holdings has a unique and solid business foundation, and appreciates the opportunity to sponsor the Quality Stocks Newsletter, Video and Blogs. QualityStocks is providing a much needed service in the micro-cap and small-cap markets.”

Michael McCarthy, Director of Management for QualityStocks.net, stated that QualityStocks is very pleased to have Tri-Star Holdings as a featured company. McCarthy added that the company, TSHL, is methodically establishing itself as a category leader.

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Tri-Star Holdings, Inc. (TSHL.PK) Announces Near Completion of ERHU Prototype

Tuesday, November 4th, 2008

This morning before the opening bell, Tri-Star Holdings announced that its medical subsidiary has nearly completed its Emergency Response Hospital Unit (“ERHU”) prototype and plans to test the inflation units later today. This revolutionary mobile emergency response unit has been developing for several months with further discussions regarding the outfitting of the ERHU as well as the design of inflatable, self-contained units designed to serve as the ERHU’s wings.

The first ERHU is a Coachman Catalina Sport motorhome equipped with modern medical equipment and inflatable, out rigged wings that are deployed once the vehicle and its crew have reached their destination. Both Tri-Star management and its subsidiary announced that the unit will be inflated for the first time to equip the interior walls and flooring material. Before the end of the month, management plans to hold a press display to mark the medical unit’s official launch.

Anthony Mellone, Tri-Star President, stated, “Today is obviously a very important day for the nation in terms of the election and the shape of our future policies both at home and abroad. We are very proud to say that today also marks an important day for Tri-Star Holdings, our shareholders, and the impact that this technology will have on both the ability for our emergency first responders here in times of crisis on American soil, and to our contributions as Americans to global life-saving efforts in times of need.”

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Tri-Star Holdings, Inc (TSHL.PK) Subsidiaries are Making their Mark

Monday, November 3rd, 2008

Tri-Star Holdings is a diversified holding company that has gained recognition in the marketplace by targeting undervalued and developing technologies or businesses and assets with unlimited potential for return and increased shareholder value.

While Tri-Star has many irons in the fire, two of its subsidiaries that have put the Florida Company on the map are Emergency Response Hospital Unit, Inc. (ERHU) and Tri-Star Gold.

ERHU is a state-of-the-art, self-sustained mobile hospital unit. This unit was first designed by Victor Adams who designed a similar model for the set of the blockbuster film “Star Trek”. The ERHU has the potential to save crucial time during crisis situations and provides a unique option in the field of medical attention.

Tri-Star Gold is responsible for the exploration, acquisition and development of the company’s precious and noble metals reserves around the world. The premier attraction of Tri-Star Gold is the company’s Nevada mine, which is named the “Lucky Linda claim”. The “Lucky Linda claim” is a 160 gold acre mine located in Lincoln County, Nevada and is poised for the first round production of its proven gold, silver and platinum content.

With ERHU and Tri-Star Gold branching out from the wings of Tri-Star Holdings, their future looks paved with gold.

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Anthony Mellone Visits Tri-Star Holdings, Inc.’s (TSHL.PK) Mine in Arizona

Thursday, October 30th, 2008

Tri-Star Holdings, Inc. announced today that Anthony Mellone visited Salome Claims COS #1 & #2 with Gordon Graham and Scott Spooner, company Geologist, to inspect the area for security installation. While inspecting, they extracted samples and are sending the samples to Tucson for analyst examination of the quality and the amount of reserves in the property. According to the press release, the extracted samples clearly show significant contents of gold, silver, lead and turquoise.

Anthony Mellone, CEO of Tri-Star, stated, “We have now begun operations in Arizona. This was extremely exciting to watch Mr. Spooner reconfirm what was already confirmed, but also to have first hand confirmation that everything was correctly in place for continuous excavation. I was also given a crash course in mining samples from Mr. Spooner, allowing myself to be much more knowledgeable when determining the content of the samples.”

“We are also now finalizing the agreement with Wickenberg and will be testing the property’s ore samples soon. At that point we shall decide which location shows the promising sample results, in which we will ramp up to full scale operation in order to increase revenue placement for the company. This will add a tremendous value for our shareholder base and we will continue our pledge to extract and refine gold and other precious metals as fast as we can,” he continued.

COS #1 & #2 are contiguous to the historic Bunker Hill and Hercules mines. Current estimates approximate that more than $500 million in gold ore exists within the claims. The properties are known to have substantial amounts of silver, copper, and lead, in addition to a high concentration gold vein. The latest details regarding the mineral rights claims, as well as pictures and reports, will be updated on Tri-Star’s websites www.tristarcorporate.com and www.tristargold.com.

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Tri-Star Holdings, Inc. (TSHL.PK) Announces Dividend, Anticipates Releasing Further Details of Developments

Tuesday, October 28th, 2008

Today, Tri-Star Holdings, Inc. announced that it has finalized all details with NASDAQ and its transfer agent concerning the previously announced dividend. According to the company, November 15, 2008 will be the effective date of record and the distribution date will be November 20. 2008.

Those who participate in the dividend will receive one share of 144 restricted common stock for every ten shares held. Fractional shares will be rounded up and mailed to shareholders of record. Investors with shares held in street name will have their shares delivered to their respective brokerages for processing.

In addition to announcing details of the dividend, the management also stated that further development details of COS #1 and COS #2 mines in the Salome valley of Arizona are anticipated to be revealed later this week. Tri-Star officers visited the two sites over the past weekend.

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Tri-Star Gold, Inc. – A Subsidiary of Tri-Star Holdings, Inc. (TSHL.PK)

Monday, October 27th, 2008

Tri-Star Gold is a mineral exploration company engaged in the acquisition and development of both precious and noble metals. Through its resource properties in the states of Nevada, Arizona, and Idaho, the company has produced platinum, gold, silver, and copper. In addition to its existing claims, Tri-Star has plans for further acquisitions that will strengthen its portfolio.

The first, and perhaps most prominent of Tri-Star’s properties is known as the “Lucky Linda claim”, a 160 acre gold mine located in Lincoln County, Nevada. Said to contain deposits of gold, silver, and platinum, the Lucky Linda claim is currently under analysis for the purpose of locating the highest concentrations of mineral-rich ore. While still in the permitting process, under state law, the company is allowed to extract and process 900 tons of material, which will provide a clearer picture of expected production levels.

Tri-Star’s five other properties are split between Salome Valley, Arizona, and the Lemhi Mountains of Idaho. The company owns 80 percent of the mineral rights to all five; the COS #1/2 claims of Arizona are currently under assay to detect the prominence of gold deposits in the area. Estimates value the claim’s gold ore content at more than $50 million. The remaining three claims (Blue Jay claims 12, 13, and 14) are said to contain unusually high concentrations of copper ore on the order of roughly $500 million worth, concentrated heavily in a single copper-rich vein.

Tri-Star is definitely one to watch; lack of confidence in securities today makes precious metal an attractive investment.

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Tri-Star Holdings, Inc. (TSHL.PK) Divests Amore TV, Appoints Three New Officers

Wednesday, October 22nd, 2008

Today, Tri-Star Holdings announced that it has divested Amore TV as part of its corporate restructuring strategy and vision of future growth. By divesting Amore TV, the company has eliminated liabilities and made it possible to focus more attention to its diversifying metals industry division. Tri-Star Holdings believes this move is in the best interest of the company’s progress and shareholder value.

Also announced was the appointment of three new officers. These officers were appointed by the company’s board of directors. J. Rocky Hollingshead was appointed to the office of COO, Charles L. Ilvento was appointed CFO, and Scott Spooner was appointed Chief Geologist. Other changes in management and board of directors are expected next week. The new management’s biographical details will be updated on www.tristarcorporate.com later today.

Anthony Mellone, Tri-Star President & CEO, stated, “With increasing growth and progress comes increased responsibility, both as related to company developments and initiatives and to efficiency and shareholder value. We are immensely pleased with our developments at this phase of our restructuring and vision of growth, and are very excited to bring the vast experience of these gentlemen to Tri-Star Holdings. We have every confidence that our growing team will inevitably shape a preeminent future for the company, its subsidiaries and loyal shareholders.”

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Tri-star Holdings, Inc. (TSHL.PK)’s CEO Anthony Mellone Jr. Brings Much Insight to the Company

Wednesday, October 22nd, 2008

Currently the CEO of Tri-Star Holdings, Anthony Mellone Jr. has been the main force in the company’s recent growth. An inventor and entertainment industry veteran, Anthony has developed a ground-breaking schematic for the global delivery of high-speed Internet service, as well as engineering his RF Video Magic video card used for transmitting high-quality digital video to private residences and businesses.

Mellone is a renaissance-man of sorts, having been involved in the production of several Hollywood films including Scar Face, the Terminator movies, and The Thornbirds, in addition to his exploits as an inventor. Outside of developing digital delivery technologies, he also designed a Hydro Ski Disc, the Hydro Skimmer, and a line of wetsuits for the water-ski industry.

Mr. Mellone Jr., in a recent shareholder update, shared his views on the current status and direction of the company: “Tri-Star Holdings has undergone massive transformation over the past six months including a complete change in its business plan and activities as well as principal industries. During time that we have acquired new technologies, mineral rights and very valuable assets that we believe will generate significant shareholder value in both the short and long terms.” I have begun the process of negotiating with several CEO candidates to fill my office of CEO, in order to prepare the company to meet reporting and listing requirements of the OTCBB and/or other exchanges here in the states.”

While Mr. Mellone Jr. is planning to replace himself with a new CEO, he intends to stay on at Tri-Star as the executive vice president; from that office he will continue to invent and research new opportunities for the company.

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Tri-Star Holdings, Inc. (TSHL.PK) is “One to Watch”

Monday, October 13th, 2008

Tri-Star Holdings, Inc. (TSHL.PK) was founded with the primary goal of identifying and investing in undervalued companies and technologies with exceptional return potential. The company looks for opportunities that, with the proper funding and support, can generate significantly increased revenues.

Tri-Star is currently forming TriStar Gold to take advantage of precious metals mining opportunities, and has recently begun development of its first gold mine, Lucky Linda #1 in Nevada. The investment is based upon reports from core sample assays taken from various locations on the company’s 160-acre claim, indicating gold concentrations as high as 10 ounces per ton. A secondary round of testing supports the company’s earlier reports on gold and platinum reserves.

Tri-Star is already working on refining operations for the site, and is purchasing a water gravity recovery system from Aero Mining Technologies to process up to 15 tons of raw earth per hour. Aero Mining technicians will train the operators of the equipment, to be manned by an Arizona mining and security contractor. Tri-Star expects to commence operations soon, and is in discussions with officials from the Bureau of Land Management to ensure that all operating and environmental regulations are being met.

The company has also closed the acquisition of two gold mines in Salome valley, Arizona and three copper claims in the Lemhi Mountains of Idaho. The Arizona mines are adjacent to the historic Bunker Hill and Hercules mines, which are estimated to hold more than $50 million in gold ore. The properties are also known to have significant amounts of silver, copper and lead. By acquiring the Idaho copper claims, the company is better diversified within the metals industry. The three claims together potentially hold over $500 million in copper ore.

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Tri-Star Holdings (TSHL.PK) Finds Golden Opportunities

Friday, October 3rd, 2008

Tri-Star Holdings, Inc., (TSHL.PK), a newly-formed, diverse holding company based in Ft. Lauderdale, Florida, was founded with the primary goal of identifying and investing in undervalued companies and technologies with exceptional return potential. The company looks for opportunities that, with the proper funding and support, can generate significantly increased revenues.

Tri-Star is currently forming TriStar Gold to take advantage of precious metals mining opportunities, and has recently begun development of its first gold mine, Lucky Linda #1 in Nevada. The investment is based upon reports from core sample assays taken from various locations on the company’s 160-acre claim, indicating gold concentrations as high as 10 ounces per ton. A secondary round of testing supports the company’s earlier reports on gold and platinum reserves.

Tri-Star is already working on refining operations for the site, and is purchasing a water gravity recovery system from Aero Mining Technologies to process up to 15 tons of raw earth per hour. Aero Mining technicians will train the operators of the equipment, to be manned by an Arizona mining and security contractor. Tri-Star expects to commence operations soon. The company is also in discussions with officials from the Bureau of Land Management to ensure that all operating and environmental regulations are being met.

Tri-Star is also actively engaged in evaluating other budding opportunities. The company recently purchased a medical company, and has just signed a letter of commitment to purchase a copper mine in Idaho, with the possible purchase of two additional Idaho mines. In addition, the company’s subsidiary, ERHU, Inc., has begun production of a prototype mobile emergency response unit.

Anthony Mellone, Jr., CEO and chairman, will play a major role in researching promising technologies for the company. An accomplished inventor, Mr. Mellone is the founder of Global TV, Inc., Millennium Entertainment Group, and Third Coast Teleproductions, and has been a driving force in the development of a breakthrough design for the worldwide delivery of high-speed Internet services and video on demand. He has key contacts throughout the entertainment industry.

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Tri-Star Holdings, Inc. (TSHL.PK) Announces Dividend, Addresses Share Structure

Tuesday, September 30th, 2008

TRI-STAR HOLDINGS, INC. announced the Company’s Board of Directors convened a special meeting to unanimously approve a 1 for 10 share dividend. Shareholders will receive one share of restricted common stock for every ten shares held on the as-of-yet-undetermined record date to be scheduled in accordance with NASD rules and the company’s transfer agent. Additionally, management announced that it has begun negotiations with two independent acquisition targets including the company’s first international target.

Management anticipates announcing one or more executed letters of intent in the very near future, to be followed by definitive agreements. Negotiations are still under way, but it is anticipated that one or more acquisitions will be executed in part or entirely by the issuance of restricted common stock of the company. Accordingly, management stated that it has raised the total shares authorized by 1,000,000,000 shares to facilitate the dividend and these pending acquisitions.

Management also noted that as of today, there are approximately 640,000,000 shares issued and outstanding, approximately a third of which are insider held restricted common shares, and that the company has no plans to complete a reverse split.

CEO Anthony Mellone stated: “We are growing our company, and while yesterday’s appreciation in the price per share is beneficial for all of our shareholders, we still believe that the current share price is undervalued and does not accurately reflect the value of Tri-Star Holdings. We have much to be excited about and we are looking to acquire assets both domestically and abroad.”

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Tri-Star Holdings, Inc. (TSHL.PK) Announces the Company Is in Discussions With Autter Augers of Arizona to Begin Extraction Process

Monday, September 29th, 2008

TRI-STAR HOLDINGS, INC. announced the Company has negotiated an agreement with Autter Augers, an Arizona mining and security contractor, to man and outfit its mining operation at the Lucky Linda claim in Nevada. As a result of the negotiations, Autter Augers will provide equipment and manpower including two dump bucket cats, two 6 yard dump trucks, two 1 ton trucks, a wash rack and dry rack, and security equipment. Additionally, they will provide two RVs for the employees to stay on property both saving time and money while ensuring the security of the site.

Autter Augers is presently preparing the equipment for relocation and can be on site in as early as two weeks. Four of Auttur Augurs representatives will be on site tomorrow in Nevada to assess and test the extraction process, delivering their samples to the company. They are leaving midnight tonight to go assess the location for setup and security purposes.

Management announced that it has begun negotiations with a second company to assist Autter Augers and to provide a second crew and equipment for a second extraction location on the property. With the installation of the Company’s Aero Mining Dove Superminer 150 recovery plant, the company can begin full operations upon receiving the permit from the BLM (Bureau of Land Management). Management has been in daily contact with BLM officials and foresees no delays in the permitting process.

CEO Anthony Mellone stated: “This is a very exciting time for us. The price of gold is at a new high, and Autter Augers will help us move the project much sooner than we expected. They will begin surveying the property Tuesday to install the security line and determine the operational base for the crews. We are poised to be fully operational upon our final approval from the BLM.”

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