High Grade Results Also Confirm Potential To The East
Tesoro Resources Limited (ASX:TSO) has received promising assay results for the latest holes at the Ternera deposit at the company’s El Zorro Gold Project in Chile.
Managing Director, Zeff Reeves, said ll holes intercepted zones of significant gold mineralisation and materially increased the drilled mineralised footprint at Ternera. Results add significant scope for the Ternera deposit to continue to expand and grow into a significant gold deposit in Chile.
“Another set of exceptional drill results from Ternera continue to define and expand what is now becoming a very large mineralised system,” Mr Reeves said.
“We are particularly pleased with the results from holes ZDDH00080 and ZDDH00084. Hole ZDDH00080 intercepted a zone of strong gold mineralisation and expands the strike extent of Ternera a further 200m south.
“Hole ZDDH00084 returned what is another phenomenal result of the rapidly expanding north east extensions at Ternera.
“We are also seeing a significant high-grade core emerge out of our infill drilling, with consistent zones of mineralisation being delineated, with gold grades over 10g/t Au.”
Hole ZDDH00080 was a significant step out hole, targeting a north-south master fault associated with gold mineralisation from the rapidly expanding east extensions at Ternera. Results from this hole are highly encouraging as a strong zone of gold mineralisation was returned from within the fault zone. Mineralisation occurs in sedimentary rocks and only minor El Zorro Tonalite (EZT), the predominant gold host at Ternera, was intercepted. This indicates the potential for the fault zones to host additional gold mineralisation within multiple rock types at Ternera. Additional extensional holes and infill towards the north and south of hole ZDDH00080 are planned, to further delineate this area, mineralisation remains open to the south.
Hole ZDDH00084was drilled to test continuity of the newly defined north east extensions at Ternera. The hole returned the fourteenth 100g/m intercept and confirms the continuity, width and grade of this emerging zone. Mineralisation is controlled by proximity to a north-south master fault, with potential for this zone to expand further to the east north east, as well as south between and beyond hole ZDDH00080.
Hole ZDDH00079was drilled to test a potential mineralised zone between two north-south master faults. The hole intercepted predominantly sedimentary rocks in a displaced fault block with narrow mineralised intercepts associated with the CC475 and CC500 faults within the sedimentary rocks.
Holes ZDDH00081, ZDDH00083 and ZDDH00085were all infill- resource definition holes. All returned multiple zones of gold mineralisation associated with CC faults within the EZT. All holes had multiple high-grade intercepts of up to 10.95g/t Au, which is further delineating continuous high-grade gold zones within a broader low-grade halo.
