Latest Hole Delivers Further Extensions At Tesorito
Los Cerros Limited’s (ASX: LCL) latest drill hole assay results continue to expand the Tesorito South porphyry discovery and open up areas for further drilling at the company’s 100% owned Quinchia Gold Project in Risaralda, in Colombia.
A fourth diamond drill rig has been secured to accelerate drilling at the Tesorito South near surface gold porphyry discovery.
Hole TS-DH27 was a ~120m step out drill hole designed to test the E/NE limits of mineralisation previously encountered by holes TS-DH24, ‘25 and ’26, entered porphyry suite lithologies from 35m downhole to 333m where it entered sediments associated with the Marmato Fault which defines the eastern edge of the area of interest.
This hole and supporting data has provided valuable information for further definition of extensions and distribution of gold mineralisation.
- Potential extensions to high grade, from surface, mineralisation reported in drillholes TS- DH24 to ‘26 (all drilled from the same pad) is interpreted to extend up to 75m further E towards pad TS-DH27 where mineralised diorite stockwork is evident at surface. The high-grade mineralisation remains open to the N and SE.
- Deeper zones of mineralisation reported in TS-DH27 (36m @ 1.01g/t Au from 116m (~vertically below the above mentioned diorite exposure) and 72m @ 1.00g/t Au from 188m including 6m @ 2.05g/t Au from 254m), has expanded gold envelopes to the E which remain open.
“Drillhole TS-DH27, at some 120m to the E of the drillpad for TS-DH24, ’25 and ‘26, was a significant step out that still intercepted gold porphyry mineralisation. It has given us further directions where we might expect to see additional extensions to mineralisation,” Managing Director, Jason Stirbinskis, said.
A drone based regional magnetic survey and Tesorito/Miraflores deep IP geophysics programmes are expected to conclude shortly. Fine tuning of recently defined regional targets continues.
The fourth diamond drill rig will be added to the fleet within the next month to continue testing multiple targets within the Quinchia Gold Project.
For further information please visit: https://www.loscerros.com.au/
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