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Tesoro Gold Issues New Shares and Advances El Zorro Project

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Tesoro Gold Issues New Shares and Advances El Zorro Project

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The latest update is out from Tesoro Gold ( (AU:TSO) ).

Tesoro Gold Limited has issued 72,916,667 fully paid ordinary shares, allowing for secondary trading under the exemption provided by the Corporations Act 2001. The company is actively drilling at its El Zorro Gold Project in Chile, with plans to release results in compliance with continuous disclosure obligations, potentially impacting its operational and market positioning.

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 mining company that has discovered and defined the first Intrusive Related Gold System in Chile, specifically at the Ternera discovery in the Coastal Cordillera region. This area is known for its world-class copper and gold mines, supported by established infrastructure and a skilled mining workforce. Tesoro, through its local network and expertise, has secured rights to the district-scale El Zorro gold project, which is 93.8% owned by its 95% owned Chilean subsidiary.

Average Trading Volume: 2,918,038

Current Market Cap: A$48.54M

Find detailed analytics on TSO stock on TipRanks’ Stock Analysis page.

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