Tesoro Resources: Receives additional assay results from El Zorro

  • Tesoro Resources (TSO) has received assay results from the Ternera Prospect at the El Zorro Gold Project in Chile
  • The company has received full results from three holes and partial results for one
  • All intersected gold mineralisation and grades ranged between 0.69g/t gold and 33g/t gold
  • However, Tesoro has only received partial results for hole ZDDH00031 which was drilled to a depth of 320 metres
  • Results so far include 54 metres at 1.69g/t gold from 72 metres including 6.7 metres at 11.57g/t gold from 118.3 metres
  • Tesoro is up a slight 2.86 per cent on the market this morning and shares are trading for 18 cents each
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

New York State Mandates Stores to Accept Cash Payments

New legislation aims to protect cash transactions across the state.Highlights: New law requires New York stores to accept...

PRA Issues £2 Million Penalty to Bank of London for Integrity Failures

Regulatory body penalizes the bank due to integrity shortcomings.Highlights: PRA fines Bank of London £2 million for integrity...

HSBC Appoints First Chief AI Officer, Strengthening AI Leadership

The bank aims to enhance its AI strategy and innovation.Highlights: HSBC names its first Chief AI Officer to...

Revolut Reports Surging Profits as Growth Accelerates

The financial technology firm sees significant profit increases in its latest report.Highlights: Revolut's profits surged significantly in the...