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Tesoro Gold Secures A$34M to Propel El Zorro Towards Mining Decision
9:33am on Tuesday 30th of September, 2025 AEST
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Mining
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Tesoro Gold Secures A$34M to Propel El Zorro Towards Mining Decision
9:33am on Tuesday 30th of September, 2025 AEST
Key Points
A$34 million placement at A$0.053 per share secured from institutional investors
Funds to support pre-feasibility and definitive feasibility studies
Exploration activities to intensify with doubling of drilling rigs
Second tranche of placement subject to shareholder approval in November
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