Tesoro Gold announces major growth phase for El Zorro gold mining project in Chile
Reuters
Oct 12, 2025
<a href="https://laohu8.com/S/TSORF">Tesoro Gold</a> announces major growth phase for El Zorro gold mining project in Chile
Tesoro Gold Ltd. has announced significant progress for its flagship El Zorro Gold Project in Chile. The company released results from an expanded and updated scoping study, positioning El Zorro as one of the most promising emerging gold developments in the Americas. The study outlines a technically straightforward, high-margin open-pit operation based on the updated Ternera mineral resource estimate, with a conventional Carbon-in-Pulp (CIP) processing plant designed for 3.0 million tonnes per year. Total gold production is estimated at 1.26 million ounces over an initial 15-year project life. The project emphasizes low reagent consumption and utilizes water sourced from a nearby desalination plant, supporting sustainable development. Tesoro's management highlights ongoing initiatives to optimize mine planning, assess underground mining options, and expand exploration within the district, reinforcing El Zorro's long-term growth potential. A pre-feasibility study is expected to be completed by the second quarter of 2026.
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