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Tesoro Gold ( (AU:TSO) ) has provided an update.
Tesoro Gold Limited reported significant progress in its exploration activities for the quarter ending March 31, 2025, with new high-grade gold zones identified at the Ternera deposit. The company achieved notable drilling results, extending beyond existing MRE boundaries, and identified new targets near the deposit, reinforcing the potential for district-scale gold opportunities. Additionally, Tesoro secured approximately A$11.1 million in equity placement to support the advancement of the El Zorro Project, including ongoing permitting, exploration, and technical studies.
More about Tesoro Gold
Tesoro Gold Limited is a company operating in the gold mining industry, focusing on exploration and development of gold resources. The company is involved in ongoing drilling programs to expand its Mineral Resource Estimate (MRE) at its El Zorro Project, with a market focus on enhancing its gold resource base.
YTD Price Performance: 130.0%
Average Trading Volume: 13,083
Current Market Cap: $31.95M
For an in-depth examination of TSO stock, go to TipRanks’ Stock Analysis page.