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Tesoro Gold Ltd (ASX:TSO)
ALERT: Price-sensitive ASX Announcement for TSO
Current share price for TSO : $0.865 -0.015 (-1.70%)+
Announcement
Release
31 Jul 2026 9:11AM
Price at Release
$0.880
Full Release
Summary
Tesoro Gold Limited's Quarterly Activities Report for the period ending 30 June 2026 details significant progress in the development of the El Zorro Gold Project in Chile. The company has advanced the Definitive Feasibility Study (DFS) workstreams, including mining, processing, infrastructure, and permitting activities. Key drilling results from the Ternera Gold Deposit include high-grade gold intercepts, which support updates to the Mineral Resource Estimate and Ore Reserve. Strategic alliances and appointments have been made to bolster project execution capabilities, and environmental studies are nearing completion. An update of the Ternera Mineral Resource Estimate and the DFS is planned for the second half of CY2026.
Key Points
- Tesoro Gold advanced the El Zorro Gold Project in Chile.
- Completion of the infill drilling programme at Ternera Gold Deposit.
- Significant high-grade gold intercepts support resource updates.
- Progress in DFS workstreams across mining, processing, and infrastructure.
- Strategic alliance with STRACON Chile SpA executed.
- Environmental baseline studies are 75% complete.
- DFS and Ternera MRE updates are expected by the end of CY2026.
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.
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