Tesoro Resources Limited (ASX:TSO) has continued to grow the Ternera Gold Deposit located at the company’s El Zorro Gold Project in Chile.
The company has received positive assays for 22 diamond drill holes completed as part of the current extensional and infill drilling programme at El Zorro.
Managing Director, Zeff Reeves, said results continue to underpin further resource growth at Ternera with the deposit open in all directions.
“This set of results confirms and expands multiple shallow gold zones on the edges and within the Ternea Gold Deposit,” Mr Reeves said.
“These near surface, mineralised zones have the potential to significantly enhance the existing Ternera Mineral Resource, with continuous gold mineralisation having now been proven from surface to over 500m depth, up to 550m wide and over 1.3km long.
“Ternera is shaping up as a significant deposit with multiple gold zones, scale, continuity all coming together and the more we drill, the more we define. With the deposit open in all directions there is significant potential to expand the Mineral Resource at Ternera with continued drilling.”
Holes ZDDH0249, ZDDH0253, ZDDH0256, ZDDH0258, ZDDH0261, ZDDH0262, ZDDH0264 and ZDDH0270 were drilled as extensional holes targeting near surface gold mineralisation to the west of Ternera.
All returned positive gold results with a high-grade gold zone (grades of up to 25.00g/t Au) having been defined >700m of strike length at surface. This mineralised zone sits outside of the existing Mineral Resource Estimate (MRE).
ZDDH0248, ZDDH0252 and ZDDH0255 were all drilled as extensional holes targeting the southern extensions of the Ternea Deposit. All holes intercepted multiple zones of gold mineralisation outside of the existing MRE, associated with the main host rock, the El Zorro Tonalite (EZT)
Holes ZDDH0257, ZDDH0272 and ZDDH219A were drilled at Terna East and all returned multiple narrow zones of gold mineralisation associated with small EZT intrusions.
Results indicate the continuity of multiple zones of gold mineralisation at Ternera East which has now been defined over 800m of strike and remains open in all direction. The Ternera East mineralisation is outside of the existing MRE.
Hole ZDDH0266 was drilled to the north of Terna and has defined an important extension to the EZT and associated gold mineralisation. The hole returned multiple narrow zones of gold mineralisation approximately 150m north of the existing MRE area, further drilling is required in this area to infill and connect the mineralisation to the Ternera Gold Deposit. Hole
ZDDH0254A was the second hole drilled at the Toro Blanco target approximately 1km north of the Ternea Gold Deposit. The hole intercepted narrow zones of low-grade mineralisation associated with faulting and quartz veining within sedimentary rocks. Additional work is required at Toro Blanco to further define future drill targets and the EZT. The area remains highly prospective for additional gold mineralisation.
Next Steps
The Company has focussed recent drilling at the Ternera deposit to continue to expand and improve classification of the existing MRE.
Recent drilling results have highlighted multiple areas for resource growth at Ternea with the deposit open in all directions with further drilling required.
For further information please visit: https://www.tesororesources.com.au/
