Quarterly Cashflow Report

• Net cash used in operating activities of $705k
• Payments for exploration and evaluation of $6.67m
• Cash and cash equivalents of $14.55m at quarter end

Tesoro Gold Ltd has released its quarterly cashflow report for the period ended 31 March 2026. The company reported net cash used in operating activities of $705k, which included payments for staff costs of $181k and administration and corporate costs of $588k. Payments for exploration and evaluation activities amounted to $6.67m. The company had $14.55m in cash and cash equivalents at the end of the quarter, with an additional $8.03m in unused financing facilities available. The report also included details on payments to related parties, financing facilities, and the estimated cash available for future operating activities.