Tesoro Gold (ASX:TSO) advanced definitive feasibility study workstreams for the Ternera deposit at its El Zorro project in Chile, according to a Wednesday filing with the Australian bourse.
Activities in technical, engineering, permitting, financing, and execution readiness are also advancing concurrently, the filing said.
The company formed a strategic alliance partnership with Stracon Chile to act as its preferred contractor to support project pre-construction activities, construction and operation.
Additionally, GR Engineering Services (ASX:GNG) started process design and engineering work for a proposed gold processing plant and site infrastructure, per the filing.