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Tesoro Gold Boosts Ternera Resource by 42%, Enhancing Development Potential

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Tesoro Gold Boosts Ternera Resource by 42%, Enhancing Development Potential

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Tesoro Gold ( (AU:TSO) ) has shared an update.

Tesoro Gold Limited has announced a significant update to its Mineral Resource Estimate (MRE) for the Ternera Gold Deposit at the El Zorro Gold Project in Chile, showing a 42% increase in contained gold to 1.82 million ounces. This update enhances the project’s development potential and positions Ternera as a strategically significant emerging gold project, with further exploration and growth expected to continue.

The most recent analyst rating on (AU:TSO) stock is a Buy with a A$0.11 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 gold mining industry, focusing on the exploration and development of gold deposits. Its primary project is the El Zorro Gold Project in Chile, which includes the Ternera Gold Deposit.

YTD Price Performance: 30.0%

Average Trading Volume: 3,279,708

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$52.38M

For an in-depth examination of TSO stock, go to TipRanks’ Overview page.

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