In this episode, we chat with Geoff McNamara, Co-founder and Non-exec director of Tesoro Gold who are focused on exploring gold assets with the potential to be district-scale mining projects whilst developing their flagship asset, their El Zorro project.

Geoff has over 30 years of international resource sector experience as a Founder, Geologist, Project Manager & Fund Manager working for the likes of Societe Generale, Ivanhoe Mines, Lion Ore International, and Western Mining Corporation. We discuss what Tesoro Gold has been up to with their drilling campaign, what work they have been doing with the local communities, and an update on what is happening in Chile as a country and mining destination.

KEY TAKEAWAYS

• Tesoro Gold's El Zorro project is the first intrusive related gold system discovered in Chile, with a 1.5 million ounce resource and potential for further expansion.
• The El Zorro project is strategically located near the coast, national highway, and infrastructure, making it an ideal working environment for mining operations.
• Tesoro Gold actively engages with local communities in Caldera, Copiapo, and Chanaral, sourcing personnel and services locally and supporting community initiatives.
• Ongoing drilling programs aim to expand the Ternera deposit to 2 million ounces in the next 12-18 months and potentially to 3 million ounces within 24-36 months.
• The outlook for copper and gold is optimistic, driven by supply-demand dynamics, infrastructure needs, and central bank buying, with potential for significant growth in the market.

BEST MOMENTS

"We've made a discovery, as I mentioned, that's the first intrusive related gold system discovered and defined in Chile."

"We do have a 3 million ounce exploration target on the Ternera deposit, which is, as I mentioned, currently 1.5 million ounces." 

"The reality is, yes, tax rates have gone up for copper miners. They now sit around that sort of mid-20s for corporate tax." 

"I think the market's very favourable for copper. I think artificial intelligence on its own is going to drive a lot of demand for copper." 

VALUABLE RESOURCES

Mail:        rob@mining-international.org

LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/

X:              https://twitter.com/MiningRobTyson 
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast 

Web:        http://www.mining-international.org

Website: https://tesorogold.com.au/

Company LinkedIn: https://www.linkedin.com/company/tesoro-gold/

LinkedIn: https://www.linkedin.com/in/geoff-mcnamara-020867219/

Email: geoff.mcnamara@tesorogold.com.au

X: https://x.com/tesorogoldltd

ABOUT THE HOST

Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.

CONTACT METHOD

rob@mining-international.org

https://www.linkedin.com/in/rob-tyson-3a26a68/

Podcast Description

Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.