TSO 8.82% 3.7¢ tesoro gold ltd

Ann: Ternera Step Out Hole Extends Mineralisation 150m East, page-26

  1. 498 Posts.
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    To understand what a MRE of ie 2Moz would mean for the SP, we could look at the 2 different coverage below:

    1. PAC partner. Date of analysis 16/02/2021. Meters drilled = 30.000m. TSO ownership of El Zorro = 70%. Fair valuation = 38c/share. Exploration target = 1.6Moz attributable to TSO.
    https://hotcopper.com.au/data/attachments/3260/3260920-cab5c069c5f4d76b02e001eace0ec527.jpg

    2. MST. Date of coverage = 10/5/2021. Meters drilled = 45.000m. TSO ownership of El Zorro = 85%. Fair valuation = 48c/share. Exploration target = 1Moz.

    https://hotcopper.com.au/data/attachments/3260/3260966-8531a2a720337234c9bfc46ee15a13f2.jpg
 
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