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Tesoro Gold (TSO) investor relations material
Tesoro Gold Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Advanced the El Zorro Gold Project with strong exploration results and technical studies, moving directly to a Definitive Feasibility Study (DFS) targeted for completion by end of CY2026.
Three concurrent, fully-funded diamond drilling programs (infill, extensional, new discovery) progressed, with significant high-grade gold intercepts at Ternera and new targets identified.
Environmental baseline studies and permitting activities are well advanced, supporting an integrated development schedule.
Hosted an institutional investor and analyst site tour, enhancing stakeholder engagement.
Financial highlights
Cash balance of A$22.58 million and zero debt as of 31 March 2026.
Approximately A$6.67 million spent on exploration and development during the quarter.
88,779 shares sold via Unmarketable Parcel Share Sale Facility, reducing administrative costs.
Outlook and guidance
DFS completion targeted by end of CY2026, with Final Investment Decision (FID) expected soon after.
Project aims for a single open pit operation and 3Mtpa processing plant, targeting over 110koz gold per annum.
Continued drilling at new discovery targets expected to deliver further results in Q2 CY2026.
- Major exploration advances, improved loss, and strong capital raising position El Zorro for growth.TSO
H2 202427 Mar 2026 - Resource up 42% to 2.0Moz, DFS underway, and A$45.1M raised for El Zorro's advancement.TSO
H2 202527 Mar 2026 - Chilean gold project targets 5Moz with strong economics and key infrastructure secured.TSO
2025 Precious Metals Summit - Beaver Creek3 Feb 2026 - Major drilling success and strong cash position support El Zorro’s development and exploration.TSO
Q2 2026 TU26 Jan 2026 - El Zorro Gold Project advances with 2Moz resource, robust economics, and aggressive exploration.TSO
2025 Precious Metals Summit - Zurich11 Nov 2025 - Scoping Study confirms strong economics and resource growth at El Zorro, with major funding secured.TSO
Q1 2026 TU27 Oct 2025 - El Zorro Gold Project targets rapid development, resource growth, and robust financial returns.TSO
Metals & Mining Virtual Investor Conference 20257 Oct 2025 - Chilean gold project delivers 1.82Moz resource, strong economics, and major growth potential.TSO
Investor Presentation15 Sep 2025 - District-scale Chilean gold project with 1.82Moz resource, 95% recovery, and strong growth potential.TSO
Investor Presentation8 Sep 2025
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