Tesoro Resources Hits Multiple Gold Intercepts at Ternera East

THE DRILL SERGEANT: Tesoro Resources (ASX: TSO) reported assay results from drilling at the Ternera gold deposit and the Ternera East discovery, located at the company’s El Zorro gold project in Chile.

Tesoro Resources is aiming to expand the existing Ternera Mineral Resource of 660,000 ounces of gold it reported in July 2021.

Tesoro received assays for eight diamond drill holes completed as part of the current extensional and infill drilling program at El Zorro as well as results for four holes drilled at the Ternera East discovery.

All reported holes intercepted multiple zones of gold mineralisation, confirming the potential of additional gold resources to be added that are located well outside of the existing Mineral Resource Estimate model.

“The results from Ternera East are very encouraging as we can now link zones of previously drilled gold mineralisation both up and down dip as well as along strike, confirming the presence of an extensive gold zone,” Tesoro Resources managing director Zeff Reeves said in the company’s ASX announcement.

“This area is important to us as any gold resources defined to the east of the main Ternera deposit have the potential to materially affect the economics of open pit mining at Ternera.

“We’ve obviously got plenty of drilling to do to delineate this area adequately, but these early results are very promising.”

Drilling is ongoing at El Zorro, focussing on infill and extensional areas at Tenera, along with drilling at additional targets Ternera East, Drone Hill and Toro Blanco.

Tesoro is currently awaiting results from 42 diamond drill holes previously completed as part of this program and will report these results as they become available.




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