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.

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.

Shares in Tesoro Gold (TSO) have surged after the company flagged a “phenomenal” result from drilling at the 1.1-million-ounce Ternera gold deposit within its El Zorro project in Chile.

The company struck long mineralised gold intervals in the first two drill holes at the deposit, which were drilled to test continuity within the main intrusive body hosting gold mineralisation.

Tesoro Gold (TSO) has been granted provisional surface easement rights to progress operations at the El Zorro gold project in Chile.

The rights were approved by the Chilean court and will allow the company to establish fixed assets , such as infrastructure, and occupy the land in which the easement has been granted.

MST Access - March 2022

Tesoro Resources (TSO) offers investors a unique opportunity to capture the upside from El Zorro – one of the largest and most prospective gold properties in Chile, with highly prospective zones covering 555km2 . Chile’s pro-mining operating environment and El Zorro’s proximity to developed infrastructure positions the project to be capital efficient and low-cost. A Maiden Resource Estimate (MRE) of 661,000oz was announced in July 2021. With <2% of the 555km2 permit area drilled to date and a 99% drilling success rate to date, El Zorro presents further significant exploration upside.

Download MST Access March 2022

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