TSO 11.1% 3.0¢ tesoro gold ltd

New crux, page-7

  1. 2,367 Posts.
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    We're the first movers exploring for gold in this part of Chile.

    We a defining a Large resource on our first target within our prospect, let's say 3-4 Moz.

    We are going to complete a scoping study to demonstrate the economics of it.

    We will be drilling the other district targets to prove mineralization and potential.

    We have concessions of 500km2 and basically half the region between the 2 of the Airports.

    Would be a pretty acquisition for a major if we were happy to sell at say around the $700 Mil MC, towards the back end of this year. Similar to what CDV was acquired for. Who knows, possibly more, depending on what the other targets look like. Would be a great outcome for all parties.
 
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