Tesoro Gold Limited was established with a strategy of acquiring, exploring,  and developing mining projects in the Coastal Cordillera region of Chile. The  Coastal Cordillera region is host to multiple world class copper and gold mines,  has well-established infrastructure, service providers, and an experienced mining workforce. Large areas of the Coastal  Cordillera remain unexplored due to the unconsolidated nature of mining concession ownership, but Tesoro, via its in-country network and experience has been able secure rights to a district scale gold project in-line with the Company’s strategy.  Tesoro’s 95% owned Chileansubsidiary owns 85% of the El Zorro Gold Project.