Tesoro Gold Ltd
TSORF
Other OTC0.57
USD
-0.04
- -
ISIN
AU0000077208
Return %
Stock
S&P500
1Y
85.37
18.99
3Y
268.93
64.75
5Y
-57.78
71.84
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Zeffron Charles Reeves
- Full Time Employees
- 10
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 62 Ord Street West Perth WA Australia 6005
- IPO Date
- Jan 18, 2023
- Website
- tesorogold.com.au
- Similar Companies
- Business
- Tesoro Gold Ltd is an Australia-based gold exploration and development company focused on the acquisition, exploration, and advancement of district-scale gold projects in Chile. Founded in 2017 and headquartered in Perth, the company holds an 85% interest in the flagship El Zorro Gold Project, spanning approximately 570 square kilometers in Chile's Coastal Cordillera region, 900 kilometers north of Santiago; this project features the Ternera Gold Deposit and multiple satellite targets including Drone Hill, Toro Blanco, and Ternera East, with an updated unconstrained mineral resource estimate of 1.46 million ounces of gold, of which a significant portion is classified as indicated following recent resource upgrades. Core activities encompass resource delineation through extensive diamond drilling programs, scoping studies for open-pit mining and processing operations projecting over 1.2 million ounces production across 15 years, and exploration of intrusive-related gold systems (IRGS) in a newly identified gold province proximate to established infrastructure and major copper-gold mines. The company's primary asset, El Zorro, supports systematic exploration via surface mapping, rock chip sampling, and ongoing infill and extensional drilling that continues to expand mineralization zones, confirming high-grade intercepts and district-scale potential; it targets institutional investors and mining partners in the precious metals sector, with operations centered in northern Chile's Atacama Region. Recent developments include a A$34 million share placement in September 2025 to fund accelerated exploration and development; a A$9.7 million funding package secured in July 2024, supplemented by ongoing capital raises such as A$11 million backed by shareholder Gold Fields Ltd, which increased its stake to 19% in January 2024; completion of a share consolidation on December 3, 2025, alongside quotation of over 9 million new securities and active drilling at El Zorro with pending assay results; and release of positive scoping study results in 2025, with a prefeasibility study targeted for mid-2026, underscoring strategic growth in resource expansion and project de-risking.
OTC Markets Group Welcomes Tesoro Gold Ltd to OTCQX