Infill Drilling Continues To Intercept Gold Bearing Zones
Tesoro Resources Limited(ASX: TSO) has received promising assay results for four diamond drill holes completed at the Ternera prospect at the company’s El Zorro Gold Project in Chile.
Managing Director, Zeff Reeves, said all holes have returned positive results with the drilling intersecting multiple gold bearing zones.
“These results continue to demonstrate the continuity of grade not only along, but also between the mineralised CC faults at Ternera,” Mr Reeves said.
“Each hole has intersected multiple mineralised zones which continue to add to the gold inventory at El Zorro.
“The known drilled mineralised zone at Ternera continues to grow and currently has been defined over an area of 800m by 750m to 300m depth and remains open in all directions”.
“The extensive and ongoing drill program is proving extremely beneficial in uncovering the extent of the Ternera deposit at El Zorro.
“We believe the project has huge potential, with Ternera being the first of five targets identified at El Zorro, and our confidence in the exploration model continues to increase.”
Holes ZDDH00037, ZDDH00038, ZDDH00039 and ZDDH00040 are infill resource definition holes and add additional gold zones to the emerging Ternera deposit.
The holes were designed as infill holes to delineate mineralisation throughout the Ternera deposit and provide additional information for modelling and resource estimation.
Individual Results:
Hole ZDDH00037 – Mineralised intercepts from 42.00m to 65.00m returned from fault splays and sheeted veins off the CC500 fault and demonstrate continuity of mineralisation between fault zones. Mineralisation from 142.00m is associated with the CC450 fault zone and adjacent sheeted veining.
Hole ZDDH00038 – Mineralised intercepts from 74.20m to 106.00m returned from the CC250 fault zone and associated sheeted vein complexes within the EZT. Mineralised intercepts from 178.00m to 204.00m are associated with the CC200 fault zone within sedimentary rocks.
Hole ZDDH00039 – Mineralised intercept from 188.00m to 269.00m returned from the CC550 fault zone, and fault splays between the CC550 and CC500 faults and associated sheeted vein complexes within the EZT. This hole demonstrates continuity of gold mineralisation between the CC500 and CC550 faults.
Hole ZDDH00040 – Mineralised intercepts from 136.00m to 197.00m associated with the CC400 and CC435 faults and demonstrates continuity of grade between faults.
Mr Reeves saidthe company continues to drill at Ternera with two diamond drill rigs operating 24 hours per day.
“The mineralised footprint at Ternera continues to expand and our geological knowledge is increasing.
“As step-out holes are drilled and results come to hand, additional infill holes will be drilled for resource definition,” Mr Reeves said.