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Tesoro Gold ( (AU:TSO) ) has provided an announcement.
Tesoro Gold Limited has announced promising results from its maiden diamond drilling program at the La Brea Target, part of the El Zorro Gold Project in Chile. All five holes drilled returned positive results, indicating the presence of a significant gold system. The geological characteristics observed at La Brea are similar to those at the nearby Ternera Gold Deposit, suggesting potential for a large mineralized system. The company plans additional drilling to further explore the La Brea target and continues to advance other exploration programs within the El Zorro Gold corridor.
The most recent analyst rating on (AU:TSO) stock is a Buy with a A$0.32 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 operates in the mining industry, focusing on gold exploration and development. The company’s primary project is the El Zorro Gold Project in Chile, where it aims to discover and develop significant gold deposits.
Average Trading Volume: 440,691
Technical Sentiment Signal: Buy
Current Market Cap: A$176.7M
For a thorough assessment of TSO stock, go to TipRanks’ Stock Analysis page.