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.