A very strong drill result from Tesorito Southern Zone.
I did some back of the envelope maths and I reckon there is at least 1m oz Au here. It will only grow in size with more drilling.
So we have a junior with a market cap of A$35m sitting on at least 2m oz of mineable gold.
High grade copper at depth could be a surprise that is yet to come with the next few drill holes...
Very undervalued.
Shares should re-rate over the next few days as the smart money comes in.
Ann: Thick intercept of gold from surface at Tesorito Porphyry, page-53
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