TSO Price sensitive 22 Oct 2026, 8:50 AM

Growth drilling intersects gold 300m beyond Ternera Resource

Tesoro Gold Ltd

Tesoro Gold Announces Gold Intersections Beyond Ternera Resource

Key points

  • Gold mineralisation found 300m beyond Ternera Resource
  • Assay results show multiple mineralised zones at Ternera East
  • Drilling programme expanded to test over 1km of prospective strike

Full summary

Tesoro Gold Limited has reported promising gold intersections at the Ternera East area, extending up to 300 meters beyond the existing Mineral Resource Estimate (MRE). The initial drilling results, originally intended to confirm the location for a waste rock dump, revealed multiple zones of gold mineralisation. This unexpected discovery has led to an expansion of the drilling program to test over 1km of prospective strike. The assay results include significant intercepts such as 16.00m at 1.06g/t Au from 531.00m and 10.34m at 1.32g/t Au from 467.91m. These findings support the potential for further growth of the Ternera gold system and the broader El Zorro gold project.

Outlook

Tesoro Gold is optimistic about the potential for significant resource growth at Ternera East and other near-deposit targets within the El Zorro project.

Summary generated by a large language model. Please interpret with care.

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