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.
LCL Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
