El Zorro Gold District

Tesoro Gold is defining the El Zorro Gold Project which offers scale, simplicity and exceptional metallurgy in a strategic location.

The El Zorro Gold Project covers 570km² of highly prospective geology in the Atacama region of Chile, approximately 800km north of the Chilean capital, Santiago and 140km by road from the regional capital, Copiapo.

The project is strategically located with easily accessed established infrastructure including roads, power and water.

Coastal location, low altitude surrounded by mines
Situated just 15km from Pan American Highway and Pacific Ocean
Atacama airport 1-hour drive from site
Grid Power 20km and Water 30km
Close to population centres of Caldera, Chanaral and Copiapo

Chile’s first discovered Intrusive Related Gold System delivered at a low US$14/oz discovery cost and 99% success rate

LOW SOVEREIGN RISK

Chile is South America's most stable and prosperous nation, characterised by strong fiscal management, political stability, and robust legal and regulatory frameworks. The country has a track record of prudent macroeconomic policies, including maintaining low public debt levels and a strong commitment to fiscal discipline.

ATTRACTIVE DESTINATION FOR THE MAJORS

Many of the world's largest and most successful mining companies operate in Chile. Their presence has led to the establishment of significant infrastructure, enhancing its importance as a leading mining hub globally.

SUPPORTIVE GOVERNMENT POLICY

Mining is a major driver of the Chilean economy, contributing to more than 50% of Chile’s exports and 15% of its GDP. The Chilean government has established a plan to boost investment and is offering new incentives to encourage investment and growth in the mining sector.

significant MINERAL ENDOWMENT

Chile's mining production ranks among the highest in the world, it's the leading copper producer, contributing about a third of the global supply. It is also the second largest producer of lithium and boasts multiple prominent existing gold mines.

El Zorro Project