Continues To Grow Ternera Deposit In Chile
Tesoro Resources Limited (ASX:TSO) has drilled multiple high-grade intercepts returned from five extensional drillholes from the Ternera Gold Deposit at the company’s El Zorro Gold Project in Chile.
To date ssays have been received for 11 drillholes at Ternera, six extensional holes targeting the eastern margin of the deposit and five infill/resource definition holes.
“Drilling continues to expand the mineralised zones at Ternera,” Managing Director, Zeff Reeves, said.
“These latest set of results confirm our interpretation that gold mineralisation continues from the main Ternera Deposit to the recently discovered Ternera East Prospect. Infill results continue to add gold grade to the Ternera model which is in preparation for a MRE in the coming months.”
Results have further expanded Ternera to the east and identified additional gold zones. including: Highlight holes include:
- ZDDH0115: 7.00m @ 1.00g/t Au from 312.00m including:1.00m @ 3.33g/t Au from 312.00m.
- ZDDH0116: 1.00m @ 5.76g/t Au from 59.00m.
- ZDDH0117: 10.20m @ 0.65g/t Au from 190.80m including: 0.70m @ 5.03g/t Au from 190.80m; and 13.00m @ 0.88g/t from 268.00m including: 1.00m @ 4.12g/t Au from 280.00m.
- ZDDH0119: 19.00m @ 1.22g/t Au from 355.00m including 4.50m @ 2.97g/t Au from 355.00m; and 1.00m @ 4.22g/t Au from 373.00m.
Holes ZDDH0112, ZDDH0114, ZDDH0118, ZDDH0120, ZDDH 0122 and ZDDH0123 were all drilled to further test and extend the eastern margin of the Ternera Deposit.
Hole ZDDH0115 in particular, is significant as it has extended the Ternera mineralised zone approximately 150m east and 100m south with gold mineralisation associated with a controlling north-south fault.
Hole ZDDH0118 did not return any significant gold mineralisation confirming that the Ternera Deposit host lithology is not present in this area. Current interpretation and recent drilling suggest the main mineralised zone continues in a north-east direction.
All other holes returned positive results with strongest zones of gold mineralisation associated with north-south faults intersecting the main host rock, the El Zorro Tonalite. It is interpreted that gold mineralisation will continue at least a further 200m-300m east where surface mineralisation has been identified at the Ternera East target.
Holes ZDDH0115, ZDDH0116, ZDDH0117, ZDDH0119 and ZDDH0121 were drilled as resource definition/infill holes and continue to build upon the up and down dip continuity of gold mineralisation throughout the deposit. Results confirm continuity of gold grade and continue to add new data to the advancing Maiden Resource Estimate.