Tesoro Gold

Tesoro Gold is focused on advancing the large, district-scale El Zorro Gold Project in northern Chile. The project covers over 570 km2 and has extensive infrastructure nearby. Tesoro has an 85% interest in the project.

The main asset is the 1.3 Moz Ternera Gold Deposit, which was discovered in 2021. Ternera represents a new intrusive-related gold system in Chile. Additional near-surface mineralization and high-grade zones have been defined beneath the current pit shell.

An initial Exploration Target for Ternera indicates potential to host 1.6-3.0 Moz gold. Surface gold has been confirmed over 50km of strike, highlighting district-scale potential. Several additional targets exist close to Ternera, with encouraging early results.

Tesoro emphasizes El Zorro's tier-1 location in Chile's premier mining jurisdiction. Upcoming catalysts include an updated Ternera resource, scoping study, and further target drilling