Tesoro delivers ‘bonanza’ gold grades at El Zorro

Tesoro Resources Limited (ASX:TSO) has reported ‘bonanza’ gold grades from infill and extensional drilling at the Ternera deposit, within its El Zorro Gold Project in Chile.

Key intercepts include:

• ZDDH0128
  • 0.91m @ 7.59g/t Au from 78.29m; and
  • 7.00m @ 3.22g/t Au from 103.00m
• ZDDH0131
  • 25.00m @ 2.11g/t Au from 119.00m including:
    • 0.59m @ 63.10g/t Au from 120.00m; and
    • 1.00m @ 38.30g/t Au from 176.00m
• ZDDH0135
  • 12.00m @ 3.34g/t Au from 334.00m including:
    • 1.50m @ 25.22g/t Au from 334.00m
• ZDDH0133
  • 27.00m @ 1.18g/t Au from 267.00m including:
    • 8.00m @ 3.17g/t Au from 267.00m
• ZDDH0136
  • 107.00m @ 0.49 /t Au from 239.00m including:
    • 37.00m @ 1.01g/t Au from 287.00m

Tesoro has completed 179 diamond drill holes at El Zorro for a total of 55,724 metres, with assays outstanding for 46 holes. Ternera gold mineralisation remains open in all directions, with six drill rigs operating around the clock.

“Ternera continues to produce consistent results with multiple high-grade zones now having been delineated”

Management comments:

Tesoro Managing Director Zeff Reeves said: “Ternera continues to produce consistent results with multiple high-grade zones now having been delineated. The north trending fault zones are consistently returning high gold grades, which are beginning to look very attractive from a mining perspective. Our team in Chile is working very hard and moving Ternera towards a Maiden Resource Estimate. We are in the enviable position of having our hands on an expanding gold system in a tier one mining jurisdiction and we are excited by the potential we are seeing at Ternera.”

Images: Tesoro Resources Limited