Here are 2 excerpts from that report. I believe if you do the math using these numbers, it will knock your socks off. Maybe you have been too conservative in your math BOW?

Assays and Titan 24 geophysical surveys show Tesoro contains large, deep
anomalies up to several billion cubic metres in size with high (mostly gold) sulflde
content (>1%). One cu. rn. of rock has a mass of approximately 2.7 tonnes.

The large IP anomaly identified by the Titan 24 survey is Consistent
with a significant and widespread mineral sulfide zone (i.e. over 1%).
Sometimes, similar results occur in conjunction with Very
concentrated materials that shows in the data as a larger than actual
are a. Even if the totai volume ofthe anomalous body is slightly smaller
than the approximately 4 cubic kilometers represented by our
calculation of the size ofthe IP anomaly, the implications remain very
positive. As most assays of samples taken from Tesoro have shown
minimal non­golcl content, it is our opinion that high gold sulficles are
the most likely and predominant metal producing the IP results.