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Tesoro Gold
Tesoro Gold (TSO) investor relations material
Tesoro Gold Q2 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 TU earnings summary26 Jan, 2026
Executive summary
Three major, fully funded diamond drilling programs totaling 38,000m advanced at El Zorro, targeting infill, extensional, and new discovery opportunities, with five rigs operating continuously into 2026.
Significant gold intercepts reported from infill and extensional drilling at Ternera, supporting resource upgrades and feasibility studies.
Early success at La Brea prospect, with all maiden drill holes intersecting gold mineralization, mirroring early Ternera results.
Three new gold targets identified at Pena Blanca through channel sampling, highlighting district-scale potential.
$34 million equity placement completed to fund project development and exploration; share capital consolidated on a 15-for-1 basis.
Financial highlights
Cash balance of A$29.19 million and zero debt as of 31 December 2025.
Approximately A$5.8 million spent on exploration and development during the quarter, mainly for feasibility studies and drilling.
$145,564 raised from exercise of listed options; $54,000 from unlisted options exercised.
Outlook and guidance
Infill and extensional drilling at Ternera expected to complete in late Q1 2026, supporting further resource upgrades and PFS completion.
Ongoing district-scale exploration at El Zorro, with continued mapping, sampling, and target generation for new discoveries.
Funding secured to complete all feasibility studies and progress toward a development decision.
La Brea's potential to expand El Zorro's resource
How does share consolidation enhance market appeal?
Ternera PFS completion and project de-risking
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Next Tesoro Gold earnings date
Q3 202628 Apr, 2026
Tesoro Gold
Next Tesoro Gold earnings date
Q3 202628 Apr, 2026
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Frequently asked questions
Tesoro Gold Ltd is an Australia-based mineral exploration company focused on the discovery and development of gold projects. The company primarily operates in Chile, where it explores and advances its flagship El Zorro Gold Project. Its activities include drilling, resource evaluation, and feasibility studies to assess the project's development potential. The company is headquartered in Perth, Australia, and its shares are listed on the ASX.
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