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Listen to Geoff in conversation with Peter Gadson, Managing Director of Mining News from the world's premier mineral exploration convention, PDAC2024 in Vancouver.

Tesoro Gold Limited is an Australian public company (ASX:TSO, OTCQB:TSORF) which discovered the 1.5 million ounce Ternera Gold Deposit, the first Intrusive Related Gold System (IRGS) identified in Chile. Gold Fields the worlds 5th largest gold mining company made a strategic investment and is now a 14.86% shareholder in Tesoro Gold. Tesoro Gold has conducted extensive diamond drilling, with over >300 diamond drill holes and in excess of 10kms of diamond drilling to define a 1.46 million ounce (Moz) gold resource at the Ternera Deposit.

Listen to the key outcomes from the recently completed positive Scoping Study on a Phase 1 Ternera open pit gold mining and processing operation at the Company’s El Zorro Gold Project (El Zorro) in Chile.

Listen to the recording below.

Interview with Zeff Reeves, Managing Director

Tesoro — aptly named after the Spanish word for ‘treasure’ — has struck gold once again at its ‘foxy’ El Zorro project in northern Chile. And with it, essentially growing the resource area by an additional 25 per cent.

The latest results have spurred Tesoro’s focus to accelerate El Zorro into a world-class gold resource, concentrating on further proving up its more-than-one-kilometre-long Ternera Deposit.

Tesoro welcomes Gold Fields Ltd as a strategic investor, and we look forward to continued exploration success at the El Zorro Gold Project. We believe this investment represents tremendous confidence in El Zorro and our team and recognition of the significant potential of the project. The investment by Gold Fields will, in particular, allow us to accelerate our district and regional exploration efforts, as well as continue to grow the Mineral Resource base at the Ternera Gold Deposit.”

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