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Tesoro gives Ternera a 13-year development base with 1.28Moz reserve

8:24am on Friday 18th of September, 2026 AEST Mining
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Tesoro gives Ternera a 13-year development base with 1.28Moz reserve

8:24am on Friday 18th of September, 2026 AEST
Key Points
  • 42.8Mt at 0.93g/t gold for 1.28Moz contained gold
  • 87% conversion of Measured and Indicated resource ounces
  • 13-plus-year mine life at a planned 3.0Mtpa processing rate
  • US$276.5 million pre-production capital estimate
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