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Tesoro Gold Discovers New Gold Zones at El Zorro Project

Story Highlights
  • Tesoro Gold focuses on expanding its gold resources at the El Zorro Project in Chile.
  • New drilling results reveal potential for expanding the Ternera Gold Deposit’s boundaries.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tesoro Gold Discovers New Gold Zones at El Zorro Project

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Tesoro Gold ( (AU:TSO) ) just unveiled an update.

Tesoro Gold Limited has announced significant assay results from its ongoing drilling program at the El Zorro Gold Project in Chile, revealing new zones of gold mineralization beyond the existing Ternera Gold Deposit boundary. The results, including a notable intercept from drill hole ZDDH0377, support the potential for expanding the Mineral Resource Estimate, with further drilling underway to confirm these findings. This development could enhance Tesoro’s geological model and strengthen its position in the gold mining industry.

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, where it is engaged in extensive drilling programs to expand its mineral resource estimates.

Average Trading Volume: 2,254,203

Current Market Cap: A$50.49M

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

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