Announcement Date: 2021-12-06
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Tesoro Resources Ltd.
Project name: El Zorro
Location: Chile
Commodities: Gold
Highlight: Drilling results incl. 26.3m @ 2.91g/t Au from 101.7m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Tesoro Resources Limited (Tesoro or the Company) (ASX:TSO) is pleased to announce latest assay results from drilling at the Ternera Gold Deposit and the Ternera East discovery, located at the Company’s El Zorro Gold Project (El Zorro) in Chile. Tesoro received assays for eight diamond drill holes completed as part of the current extensional and infill drilling program at El Zorro. This set of results significantly increases the potential scale of the Ternera Gold Deposit as well as confirming continuity of gold mineralisation along the Ternera East trend. Significant intercepts are presented in Table 1. Holes ZDDH0225, ZDDH0227, ZDDH0229, ZDDH0230 and ZDDH0231 were drilled as extensional and infill holes at Ternera. Holes ZDDH0230 and ZDDH0231 were significant step out holes and increase the strike length of Ternera by approximately 400m. Hole ZDDH0231 intersected mineralisation associated with the main tonalite body at Ternera which hosts the majority of gold mineralisation. Holes ZDDH0225 and ZDDH0229 both returned strong gold mineralisation extending the depth extent of mineralisation by over 100m. Ternera has demonstrated continuous mineralisation from surface to over 400m depth, is now over 1.3 km long, up to 700m wide and remains open in all directions.
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