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Tesoro ramps up El Zorro gold development in Chile with $11m cap raise

Special Report: Tesoro Gold has received binding commitments to raise A$11m via a placement at 2.4 cents per share to rapidly advance the development of its El Zorro gold project in Chile.

The Project within the 1.5Moz Ternera Deposit, which remains open in all directions, is an intrusive related gold system similar to that of the Tintina province in North America where deposits tend to clump together.