Tesoro Resources expands highly prospective El Zorro gold project

Chile-focused explorer Tesoro Resources has expanded its flagship El Zorro gold project by 360% after applying for 156 new prospect concessions. The concessions cover about 285 square kilometres and host similar prospective geology to El Zorro. Once granted, Tesoro expects the El Zorro project will increase to 395sq km of concessions hosting 55km of strike. Tesoro managing director, Zeff Reeves, said “We have identified additional areas that we believe to be prospective for gold mineralisation similar to the style we are currently delineating at the Ternera prospect, where drilling is ongoing.”

Source: Small Caps