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Tesoro Gold Ltd (TSORF) is an exciting gold exploration and development company focused on the rapid expansion and advancement of the El Zorro Gold Project in Northern Chile. Major shareholders include Gold Fields (18%), Collins Street (5%), and Management (9%). Exploration success at El Zorro resulted in the discovery of the first Intrusive Related Gold System (IRGS) in Chile and the definition of the 1.5Moz Ternera Gold Deposit (Ternera) and an Exploration Target of up to 3.0Moz. Resource ounces were delivered at a low US$14/oz discovery cost and 99% success rate. The combination of highly prospective geology and positive results from regional exploration have confirmed El Zorro as a new Chilean gold district. Ternera and the surrounding region are the subjects of aggressive ongoing drilling. The region contains multiple world-class copper and gold mines, has well-established infrastructure, service providers, and an experienced mining workforce.
FAQ
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What significant discovery was made at El Zorro?
What is the Exploration Target at El Zorro?
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Where is El Zorro located?
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