Maiden 1.28Moz Ore Reserve at Ternera - title correction
Filed with ASX · · 42 pages · English and French
Summary by 6ix AI
Tesoro Gold Ltd has announced a maiden Ore Reserve of contained gold at the Ternera Gold Deposit, part of the El Zorro Gold Project in Chile, which is a significant milestone for the company. The Ore Reserve totals a substantial amount of gold and is entirely contained within a single open pit, supporting a long-term development plan. This announcement highlights the high conversion rate of the Mineral Resource into Ore Reserves, indicating strong geological confidence in the deposit. The project is expected to support over a decade of production at a planned processing rate, backed by comprehensive technical studies and infrastructure support.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Tesoro Gold
- Maiden 1.82Moz Ore Reserve at Ternera
- Upgrade to Ternera 1.8Moz Mineral Resource
- Ternera Infill Returns Wide, High-Grade Gold Intercepts
- Tesoro Advances El Zorro DFS and Development
- Ternera Infill Drilling Near Completion
Later from Tesoro Gold
- Growth drilling intersects gold 300m beyond Ternera Resource
- Pause in Trading
- Trading Halt
- A$40M Placement to Accelerate El Zorro Development
- Quarterly Activities Report
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