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Tesoro Gold ( (AU:TSO) ) has issued an update.
Tesoro Gold Limited has released an updated Scoping Study for its El Zorro Gold Project in Chile, highlighting a promising opportunity with strong economic potential. The study outlines a technically straightforward open pit mining operation with a 15-year project life and a 3.0Mtpa processing plant, projecting a total production of 1.26 million ounces of gold. With a base-case gold price of US$2,750/oz, the project is expected to deliver a pre-tax NPV of US$917 million and a 60% IRR. The study’s positive outcomes have led the Tesoro Board to approve the commencement of a Pre-Feasibility Study, scheduled for completion in Q2 2026.
The most recent analyst rating on (AU:TSO) stock is a Buy with a A$0.15 price target. To see the full list of analyst forecasts on Tesoro Gold stock, see the AU:TSO Stock Forecast page.
More about Tesoro Gold
Tesoro Gold Limited is a company operating in the mining industry, focusing on the exploration and development of gold projects. Its primary project is the El Zorro Gold Project located in the Atacama region of Northern Chile, which is centered around open pit gold mining and processing operations.
Average Trading Volume: 4,003,033
Technical Sentiment Signal: Buy
Current Market Cap: A$92.68M
See more insights into TSO stock on TipRanks’ Stock Analysis page.