RE: Will this ever get to £313 per share?4 Jan 2026 08:41
Located in a proven gold belt
. High-grade mesothermal vein project
. Narrow, steep quartz–calcite veins
. Target: 12–20 g/t Au ore shoots
. Ore shoots persist >300–600 m.Successfully mined Bonanza before achieving up to 63 g/t Au. Greater Tesoro Concession previously explored and mined by St
Elias (2004–2014)
. Full suites of geological mapping, trenching, geophysical
surveys, drilling, sampling and underground work. St Elias extracted over 1,157 tonnes at an average grade of
Au 32 g/t from three veins . Formalised artisanal mining operations in Nazca-Ocona gold
corridor, southern Peru – Bonanza and Morrocota mines.
Nativo internal Tesoro concession estimates to 213,000 Oz Au
. 51,000 Oz Au attributed to Bonanza and Morrocota alone. Zona Este was identified previously as a high-priority target because it hosts surface gold mineralization. Zona Sur a high priority target with a sub surface anomaly with thoughts that Morrocota overlaps or potentially overlaps zona Sur anomaly. Titan 24 suggested the Zona Sur anomaly measuring approximately 800m x 1,000m with a thickness of roughly 300m. The deep anomaly is located at the center of several cross-cutting structures that are believed to have provided the pathways for gold-bearing fluids to move upward from the deep source into the individual veins of the Central, East, and South zones. I am sure further sampling which we have still to receive will help with resource expansion.