Tesoro Gold Ltd

Tesoro Gold (ASX: TSO) has released an updated Scoping Study for its El Zorro gold project in Chile, highlighting robust economics and a clear development pathway. The study outlines a conventional open pit and processing operation producing more than 1.2 million ounces over 15 years. Based on conservative gold price assumptions, the project generates strong […]

Under the Chilean Government led by Gabriel Boric, plans to nationalise parts of the country’s mining sector have fallen through after the constitutional assembly voted against the movement. The major overhaul of potential mining rights in Chile, the world’s top copper producing nation, was rejected on Saturday, despite considerable efforts from the environmental commission. In […]

The potential of Tesoro Resources’ (ASX: TSO) El Zorro project in Chile continues to grow with managing director Zeff Reeves describing the project as a “major gold district” after further high potential targets were identified. First pass mapping and channel sampling over a 7km by 6km area at El Zorro have identified multiple lookalike targets to […]

Chile-focused explorer Tesoro Resources (ASX: TSO) has recorded its best intercept to date from ongoing drilling at the Ternera deposit within its flagship El Zorro gold project. Assays from seven diamond holes completed as part of extensional and infill work have returned multiple wide gold intercepts from high grade, strike-extensive zones which remain open at […]