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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Tesoro Gold
Tesoro Gold (TSO) investor relations material
Tesoro Gold Q1 2027 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2027 TU earnings summary29 Oct, 2026
Executive summary
Completed Ternera resource-definition drilling, upgraded the MRE and declared a maiden 1.28Moz Ore Reserve, establishing a mineable inventory for development studies.
The Reserve supports a 13+ year project life at a planned 3.0Mtpa processing rate; DFS and development-readiness work continued across technical, environmental and financing areas.
Financial highlights
Quarter-end net cash and cash equivalents were A$9.28m; A$5.64m was committed to exploration and evaluation, principally drilling, technical studies and development readiness.
Related-party payments totalled A$209,000, including A$110,000 in operating activities and A$99,000 in investing activities, for remuneration and consulting fees.
Outlook and guidance
DFS completion remains targeted for CY2026; December-quarter priorities include integrating remaining workstreams, mine optimisation, engineering, permitting, execution planning and financing.
Near-deposit resource-growth drilling and testing of priority new-discovery targets across El Zorro are planned alongside DFS activities.
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Latest events from Tesoro Gold
- A 1.28 Moz reserve anchors a late-2029 gold target and district-scale exploration upside.TSO
Mining Forum Americas 2026 - Major resource upgrade at Ternera to 1.82Moz gold, with DFS and financing progressing.TSOH1 2026
- DFS and drilling advanced at El Zorro, with A$15.29M cash and no debt at quarter end.TSOQ4 2026 TU
- DFS and major exploration progress position the project for development with strong economics.TSONoosa Mining Conference 2026
- El Zorro Gold Project advances toward feasibility with strong resource growth and robust economics.TSO2025 Precious Metals Summit - Zurich
- Major gold discovery, robust drill results, and A$9.7M raise drive project growth and de-risking.TSOQ4 2024 TU
- New gold discovery at Ternera East, strong cash position, and positive legal resolution.TSOQ1 2025 TU
- Strong exploration, robust cash, and direct advancement to DFS position the project for growth.TSOQ3 2026 TU
- Major exploration advances, improved loss, and strong capital raising position El Zorro for growth.TSOH2 2024
Tesoro Gold
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Frequently asked questions
Tesoro Gold Ltd is an Australia-based mineral exploration company focused on the discovery and development of gold projects. The company primarily operates in Chile, where it explores and advances its flagship El Zorro Gold Project. Its activities include drilling, resource evaluation, and feasibility studies to assess the project's development potential. The company is headquartered in Perth, Australia, and its shares are listed on the ASX.