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Tesoro Gold Ltd (ASX:TSO)

ALERT: Price-sensitive ASX Announcement for TSO
Current share price for TSO : $0.820 -0.21 (-20.39%)+
Announcement
Release
9 Feb 2026 8:19AM
Price at Release
$1.030
Full Release
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Summary
Tesoro Gold Ltd announced significant assay results from their ongoing drilling programs at the Ternera Gold Deposit, part of the El Zorro Gold Project in Chile. The results include high-grade gold intersections of 27.7g/t and 9.89g/t Au from depth extensions. These findings confirm substantial down plunge extensions, 400 meters down from the open pit resource, suggesting the potential for extending the mine life. The drilling program covers approximately 38,000 meters, aiming at infill and extensional targets to upgrade the resource classification and support a near-term resource update. The company continues to operate five drill rigs on-site for both infill and extensional drilling.
Key Points
  • High-grade gold intersections of 27.70g/t and 9.89g/t Au encountered.
  • 400m down plunge extensions confirmed below open pit shell.
  • Drilling includes infill and extensional programs totaling 38,000 meters.
  • Infill drilling aims to upgrade resource classification by end of Q1 2026.
  • Five drill rigs operating around the clock at Ternera Gold Deposit.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.