Tesoro Resources (TSO) - Technical Analysis & Due Diligence
Tesoro Resources (ASX: TSO) is an Australian public company with exploration stage gold assets in Chile. The company is focused on acquiring developing high grade gold assets that have potential to be district scale mining projects. Tesoro is managed by experienced mining professionals with strong geological and finance backgrounds as well as significant in-country expertise. Tesoro was established with a strategy of acquiring, exploring and developing mining projects in the Coastal Cordillera region of Chile. The Coastal Cordillera region is host to multiple world class gold mines, has well established infrastructure, service providers and an experienced mining workforce. Large areas of the Coastal Cordillera remain unexplored due to the unconsolidated nature of mining concession ownership, but Tesoro, via its in-country network and experience has been able secure rights to the emerging El Zorro Gold Project inline with the company’s strategy. Tesoro owns 85% of the El Zorro Gold Project.
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