Tesoro Resources Limited (ASX:TSO) has extended mineralisation to the north and south with step out drilling at the Ternera Gold Deposit and the Ternera East discovery, located at the company’s El Zorro Gold Project in Chile.
Tesoro received assays for eight diamond drill holes completed as part of the current extensional and infill drilling programme at El Zorro.
Managing Director, Zeff Reeves, said 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.
“These results demonstrate the exceptional potential that exists at El Zorro to significantly expand the existing 660koz gold Mineral Resource,” Mr Reeves said.
“We have identified major extensions north and south adding over 400m of strike length, as well as seeing continuous gold mineralisation covering over 800m of strike at Ternera East.
“In addition, infill drilling has extended and upgraded existing gold zones within the deposits, which bodes well for significant resource growth. The Tesoro team is focused on delivering an expanded gold Mineral Resource in Q12022 to support the ongoing development of the El Zorro Project.”
Drilling Results
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.
Holes ZDDH0223, ZDDH0226 and ZDDH0228 were drilled targeting the Ternera East mineralised zones and all holes returned positive results increasing the strike length of Ternea East to over 800m and confirming continuity of mineralisation along strike and down dip.
These results have added significant scale and highlighted additional areas for Mineral Resource expansion. These results require follow up to define the mineralisation, via infill drilling and step out drilling to trace the mineralisation from depth to surface.
Drilling will continue to define additional gold resources as well as delineation of the Ternera East mineralised zone.
For further information please visit: https://www.tesororesources.com.au/
