Tesoro Resources Limited (TSO:ASX)
Tesoro Resources Limited is an Australia-based gold exploration company. The Company is engaged in the acquisition, exploration, and development of commercial resource projects in Chile. It holds interest in the El Zorro Gold Project (El Zorro), which is located in Northern Chile, approximately 140 kilometers from the city of Copiapo in Region III and approximately 800 kilometers north of the capital, Santiago. The Company has identified five prospects at El Zorro, namely, Ternera, Buzzard, Toro Gordo, Drone Hill, and Toro Blanco. The Company has classified the El Zorro Gold Project as being an Intrusive Related Gold (IRG) system and has affinities to the Tintina Province in North America. Since commencing exploration, the Company has expanded the know occurrence of gold mineralization and host rocks outside of the Ternera Prospect and delineated multiple targets prospective for gold mineralization.