Australia's Tesoro Gold surges on gold find in Chile

Tesoro Gold

19/10/2023 05:42

** Shares of Tesoro Gold  TSO.AX  surge 20% to A$0.018, set
for their best one-day jump since March 2022
    ** Co says surface sampling outlined a new large emerging
gold anomaly at Ternera gold deposit in Chile      
    ** Confirms surface gold mineralisation extends
significantly to south and west of the deposit 
    ** Adds continuous nature of mineralisation highlights
opportunity for large-scale resource growth 
    ** About 3 mln shares traded by 0430 GMT, 3x the 30-day avg
    ** Stock's gain helps it cut YTD losses to ~50%

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))