Australia's Tesoro Resources jumps on gold drilling expansion

Tesoro Gold

12/01/2022 02:15

** Shares of Tesoro Resources Ltd  TSO.AX  jump as much as
4% to A$0.078, marking their biggest intraday pct gain since
Dec. 9 
    ** Gold miner says it has received assays for 22 diamond
holes as part of an extensional and infill drilling programme at
its El Zorro Gold project in Chile  urn:newsml:reuters.com:*:nASN0021L5
    ** Says all targets returned with positive results,
highlighting potential for resources growth and to host more
gold resources outside the main Ternera Gold Deposit  
    ** Shares hit the highest since Jan. 4
    ** Stock fell 73.45% in 2021

 (Reporting by Archishma Iyer)
 ((Archishma.Iyer@thomsonreuters.com;))