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Tesoro Gold’s Ternera Resource Surges 42% with $34M Boost for El Zorro

9:01am on Tuesday 28th of October, 2025 AEDT Mining
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Tesoro Gold’s Ternera Resource Surges 42% with $34M Boost for El Zorro

9:01am on Tuesday 28th of October, 2025 AEDT
Key Points
  • Ternera Mineral Resource grows 42% to 1.82 million ounces
  • Updated scoping study shows strong economics with up to US$1.33 billion NPV
  • A$34 million equity placement secured to fund project advancement
  • Metallurgical tests confirm high gold recovery with low reagent use
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