Tesoro Gold Limited (ASX: TSO | OTCQB: TSORF) has reported positive results from surface sampling west of the Ternera Gold Deposit.
Surface sampling has delineated a new large outcropping gold anomaly which has never been drilled at Drone Hill, with wide outcropping intersections of up to 47m. Highlights include:
• 47m @1.40g/t Au (EZTR004255) including;
- 9m @4.66g/t Au
• 15m @0.53g/t Au (EZTR004132)
• 3m @1.88g/t Au (EZTR004110)
• 2m @5.21g/t Au (EZTR4108)
• 3m @2.11g/t Au (EZTR004282)
Detailed, systematic mapping and sampling work conducted at Drone Hill has identified a broad, continuous zone of outcropping gold mineralization associated with a northwest trending fault system within sedimentary rocks.
Tesoro managing director, Zeff Reeves, commented, “These results place the spotlight on Drone Hill as another high-priority prospective gold target for Tesoro. The geology of the area is analogous to the existing Ternera Gold Deposit and is located only 750m west of Ternera. We now have confirmation that surface gold mineralization extends significantly south and west of our Deposit, with the continuous nature of the surface gold mineralization highlighting the opportunity for large-scale resource growth. Planning is underway for additional drilling at Drone Hill and Kitsune, which is scheduled to commence in the coming months.”
Results received for the initial eight scout drill holes from the Kitsune Targets show narrow low-grade gold intercepts, confirming the prospectivity of the area to host additional gold mineralization within a similar geological setting to the Ternera Gold Deposit.
Additionally, the company has stated that Kitsune warrants additional drilling to fully test the extensive surface gold anomaly defined by mapping and sampling.
To find out more, please visit www.tesorogold.com.au
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