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Tesoro Resources Ltd.
Summary
| Project: | El Zorro | |
|---|---|---|
| Deposit: | El Zorro | |
| Location: | Chile | |
| Commodities: | Gold | |
| Date: | 5/27/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-5-2020: Tesoro Resources Ltd. announces an Exploration/Drilling Update report for its El Zorro deposit at the El Zorro project. Drilling results incl. 121.55m @ 1.32g/t Au from 49m. Tesoro Resources Limited (Tesoro or the Company) (ASX: TSO) is pleased | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Zeffron Reeves (Internal) | |
| ABSTRACT: | Tesoro Resources Limited (Tesoro or the Company) (ASX: TSO) is pleased to announce further assay results received from the Ternera (formerly Coquetas) prospect at the El Zorro Gold Project, Chile, for holes ZDDH00023, ZDDH00024 and ZDDH00025. All holes have successfully intersected the targeted “CC” faults, and all returned significant intercepts of gold mineralisation consistent with Tesoro’s geological model. Drilling has identified additional previously undrilled fault zones, CC425 and CC375. ZDDH00023 has extended the high grade CC500 fault a further 50m to the NW, intersecting high grade mineralisation hosted by quartz veins and breccias within sedimentary rocks. This is particularly encouraging as it demonstrates the continuity of the high-grade CC structures into the sedimentary country rocks while still containing significant high grade gold mineralisation. ZDDH00023 also intersected mineralisation at 273.00m down hole hosted within the El Zorro Tonalite (EZT). This intercept is interpreted to be related to the western extension of the CC450 fault zone. | |
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