sur Tesoro Minerals Corp. (CVE:TES)
Tesoro Minerals Updates on Peruvian Property Acquisition and Financing
Tesoro Minerals Corp. has provided an update on its acquisition of the Rumichacha and Cerro Macho properties in Peru and announced a $500,000 non-brokered private placement financing. The properties are located in a promising mineral district known for high-sulphidation, epithermal gold potential. Previously unexplored, these assets align with Tesoro's strategic focus on underexplored, mining-friendly locations.
Since July 2025, Tesoro has completed a NI-43-101 technical report, verified property tenure, and initiated exploration planning. Preliminary fieldwork and geophysical surveys are underway. The acquisition still awaits regulatory approvals.
The financing involves issuing 6,250,000 shares at $0.08 each, subject to TSX-V approval. Funds will aid exploration and corporate activities. All issued securities will comply with applicable securities laws.
R. E.
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