Tesoro Unveils Maiden Mineral Resource Estimate At El Zorro
The Assay - Mining investment news, insights and company profiles
Mining investment news, insights and company profiles
No Result
View All Result
Subscribe
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
  • Africa Insights
  • Videos
    • CEO Interviews
    • Investor Discussions
  • Company Profiles
  • Magazine
  • Webinars
  • Newsletter
  • About
    • About Us
    • Our Team
    • Contact Us
    • Events
    • Partners
The Assay - Mining investment news, insights and company profiles
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
  • Africa Insights
  • Videos
    • CEO Interviews
    • Investor Discussions
  • Company Profiles
  • Magazine
  • Webinars
  • Newsletter
  • About
    • About Us
    • Our Team
    • Contact Us
    • Events
    • Partners
No Result
View All Result
Subscribe
The Assay - Mining investment news, insights and company profiles
No Result
View All Result
Home News

Tesoro Unveils Maiden Mineral Resource Estimate At El Zorro

byThe Assay
10 months ago
Reading Time: 3 mins read
Tesoro Unveils Maiden Mineral Resource Estimate At El Zorro

Strong Results Set Foundation In Chile

Tesoro Resources (ASX:TSO) has released an impressive maiden Mineral Resource Estimate (MRE) for the Ternera Deposit within its El Zorro Gold Project in Chile.

The Ternera MRE has uncovered 25.1 Mt @ 0.8 g/t for 660 koz of gold using a 0.3g/t Au cutoff, within a pit optimised of gold from the Ternera Gold Deposit. It includes 15.4Mt @ 1.09 g/t for 540koz using a 0.5g/t Au cut-off

Managing Director, Zeff Reeves, said the MRE was delivered in quick time.

“Tesoro is pleased to be able to deliver a significant, but incremental MRE at the El Zorro Gold Project within only 18 months of its re-quotation on ASX,” Mr Reeves said.

“This is an amazing achievement during globally challenging times, full credit to our professional and diligent team in Chile who have not missed a beat in executing the work required to deliver this MRE.

“We see this as just the start for El Zorro, we are committed to significantly increasing this Mineral Resource via our ongoing drilling programs with the deposit at Ternera open in all directions.

“We are also seeing significant potential for additional resources to be added over the coming months from other targets, particularly the adjoining Ternera East and Drone Hill targets, which is not included in the MRE. Project studies including mining, metallurgy, environmental, hydrogeology and infrastructure are all underway to be able to define the project and assess the potential of developing a gold mine at El Zorro”.

The Ternera Gold Deposit occurs within Tesoro’s El Zorro Gold Project (El Zorro or The Project) which covers a total concession holding area of approximately 550 sq. km, located approximately 130km north of Copiapo City, in Region III (Atacama) in northern Chile. The Ternera deposit is 13km inland from the Pacific Ocean, 57 km by road from the port of Caldera and is well supported by existing road, power, and water infrastructure.

Tesoro commenced work on the project in 2017 and has subsequently drilled 201 diamond drill holes, at El Zorro and defined the Ternera Gold Deposit.

The Maiden MRE is based on 148 diamond holes (46,937 m of drilling). In total Tesoro has drilled 203 holes for 61,763 m of drilling at Ternera with diamond drill programs ongoing throughout 2021. The project is located within the Coastal Cordillera of Chile.

 At Ternera gold mineralisation is predominately hosted within numerous intermediate intrusions and associated quartz and sulphide veins, veinlets, and alteration within faulted and strongly altered tonalitic intrusions (El Zorro Tonalite or EZT). The EZT intrusions have intruded Permian aged basement sedimentary sequences.

Gold mineralisation at Ternera has been classified as an Intrusive Related Gold System (IRGS) which is a new style of gold mineralisation, previously undescribed in Chile. Tesoro has discovered additional gold targets in the El Zorro District which exhibit similar styles of gold mineralisation.

For further information please visit: https://www.tesororesources.com.au/

Tags: ASX:TSOChileDevelopmentGold
TweetShareSend
Previous Post

Kairos Minerals Accelerates Pilbara Gold Exploration

Next Post

Venture Doubles Nickel-Copper-PGE Landholding At Kulin

Related Posts

Sokoman Drills Deepest Intersection Of Visible Gold To Date At Moosehead
News

Sokoman Drills Deepest Intersection Of Visible Gold To Date At Moosehead

byColin Sandell-Hay, Contributor - The Assay
19 May, 2022
Golden Rim Hits Shallow High-Grade Oxide Gold In Guinea
News

Golden Rim Hits Shallow High-Grade Oxide Gold In Guinea

byColin Sandell-Hay, Contributor - The Assay
19 May, 2022
Arafura Resources Names Nolans Project Mandated Lead Arrangers
News

Arafura Resources And Hyundai Sign Rare Earths Offtake MoU

byColin Sandell-Hay, Contributor - The Assay
19 May, 2022
Predictive Kicks Off 60,000m Programme At Bankan
News

Predictive Kicks Off 60,000m Programme At Bankan

byColin Sandell-Hay, Contributor - The Assay
19 May, 2022
Lavras Gold To Fly Drone Aeromagnetic Survey At LDS Project
News

Lavras Gold To Fly Drone Aeromagnetic Survey At LDS Project

byColin Sandell-Hay, Contributor - The Assay
18 May, 2022
Goliath Mobilises For 24,000m Campaign At High-Grade Golden Triangle Discovery
News

Goliath Mobilises For 24,000m Campaign At High-Grade Golden Triangle Discovery

byColin Sandell-Hay, Contributor - The Assay
18 May, 2022
Next Post
Rumble Resources

Venture Doubles Nickel-Copper-PGE Landholding At Kulin

Upcoming events

23May

121 Mining Investment London – 23-24 May

London
06Jun

121 Mining Investment New York – 6-7 June

New York
No event found!

Popular

  • Image source: Aurum Discovery

    The Lithium Companies Spearheading Europe’s EV Supply Chain Revolution

    0 shares
    Share 0 Tweet 0
  • Tantalum Production Riding the Lithium Boom Wave

    0 shares
    Share 0 Tweet 0
  • The Assay Guide to Palladium vs Platinum

    0 shares
    Share 0 Tweet 0
  • Galileo Mining In ‘Exciting’ Norseman Palladium-Platinum Discovery

    0 shares
    Share 0 Tweet 0
  • Domestic Rare Earths Industries: Closing the Gaps in Supply and Supply Chains

    0 shares
    Share 0 Tweet 0
  • KEFI Gold & Copper Moving Forward In Ethiopia

    0 shares
    Share 0 Tweet 0
  • The Assay TV – Eric Allard, Chief Executive Officer, Tantalex Lithium Resources (CSE:TTX, FSE:1T0) – 17/5/2022

    0 shares
    Share 0 Tweet 0
  • Home
  • News
  • Articles
  • Investor Discussions
  • CEO Interviews
  • Company Profiles
  • Newsletter
  • Magazine
  • About Us
  • Our Team
  • Contact Us
Part of Hyve Group Plc

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Policy

© 2021 The Assay

No Result
View All Result
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
  • Africa Insights
  • Videos
    • CEO Interviews
    • Investor Discussions
  • Company Profiles
  • Magazine
  • Webinars
  • Newsletter
  • About
    • About Us
    • Our Team
    • Contact Us
    • Events
    • Partners

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Policy

© 2021 The Assay

Go to mobile version