ASX:TSO - Large surface gold target defined by trenching at Toro Gordo

Large surface gold target defined by trenching at Toro Gordo

Released 10 Dec 2020 - 8:56 AM

Announcement PDF ASX ANNOUNCEMENT 10 December 2020 ASX: TSO | ACN 106 854 175 Large surface gold target defined by trenching at Toro Gordo 23.00m @ 2.16g/t Au, 40.00m @ 1.23g/t Au, 18.00m @ 1.23g/t Au and grades up to 42.70g/t Au ▪ Assay results received for trench sampling at the Toro Gordo Prospect, El Zorro Gold Project (Chile). ▪ Extensive surface gold mineralisation defined over an area of 650m by 500m, immediately south of the Ternera Gold Deposit. ▪ Significant trench sampling results include: ▪ ▪ ▪ • 17.00m @ 1.48g/t Au, including 1.00m @ 22.30g/t Au; • 23.00m @ 2.16g/t Au, including 1.00m @ 42.70g/t Au; • 40.00m @ 1.23g/t Au, including 8.00m @ 3.14g/t Au; • 5.00m @ 1.26g/t Au; • 5.00m @ 1.08g/t Au; • 26.00m @ 0.92g/t Au, including 5.00m @ 1.97g/t Au; and • 18.00m @ 1.23g/t Au, including 4.00m @ 3.97g/t Au. Mineralisation associated with vein system and gold mineralised alteration zones. Initial drilling of the Toro Gordo vein and alteration system planned for January 2021. Toro Gordo is one of five gold targets at the El Zorro Gold Project area that has yet to be drill tested. Tesoro Resources Limited (ASX: TSO) (Tesoro or the Company) is pleased to announce assay results for a systematic surface trench sampling program, completed over the Toro Gordo Prospect at the El Zorro Gold Project (El Zorro), Chile. Multiple wide mineralised zones have been delineated, associated with high frequency quartz veining, hematite and quartz breccias, and gold mineralised alteration zones within the Toro Gordo granodiorite. Surface gold mineralisation at Toro Gordo has now been delineated over an area covering approximately 650m by 500m, with mineralisation appearing to be continuous between the Ternera deposit and Toro Gordo. These results will be used to plan drilling, with a maiden drill program planned to commence at Toro Gordo in January 2021. 1 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 10 December 2020 Tesoro Managing Director Zeff Reeves commented: “El Zorro continues to deliver exciting exploration results and these results from Toro Gordo further enhance the scale and prospectivity of the project. Surface gold mineralisation is now continuous from Toro Gordo, to the north of Ternera, over 1,500m of strike. To have results such as these consistently returned over a large area is encouraging and drilling is planned at Toro Gordo in early 2021. We are excited at what lies ahead for Tesoro in 2021, with continued drilling at Ternera, and multiple targets with extensive surface gold mineralisation, El Zorro is demonstrating its potential to be a significant district scale gold system.” Toro Gordo Surface Sampling A total of 538 controlled samples were collected from 25 excavated trenches at Toro Gordo, to further expand and understand mineralisation previously discovered by the Tesoro exploration team (ASX Announcement 13 May 2020). Trenches were excavated continuously across strike of mapped structures to an average depth of 0.50m, bedrock was then continuously sampled along the trench walls, with sample width of between 1.00m and 5.00m. Sampling has delineated an area of abundant quartz veins, brecciation and associated alteration over an area of approximately 650m north to south and 150m east to west, with mineralised veins extending west from the alteration zone and remaining well mineralised at surface (Figure 1). This large gold mineralised alteration zone adjoins the southern part of the Ternera Gold Deposit, however, it is hosted in granodiorite lithology, whereas the Ternera dominant host lithology is the El Zorro Tonalite. This is encouraging, as it demonstrates the potential for gold mineralisation to occur in multiple lithologies within the El Zorro Project area. Hole_ID From (m) To (m) Interval Au (g/t) Comments TR0125_COQ_A 5.00 12.00 7.00 0.69 TR0125_COQ_C 14.00 31.00 17.00 1.48 TR0125_COQ_C 17.00 18.00 1.00 22.30 including TR0126_COQ_A 0.00 4.00 4.00 0.31 TR0126_COQ_A 12.00 17.00 5.00 0.55 TR0126_COQ_A 15.00 16.00 1.00 1.78 including TR0126_COQ_B 4.00 27.00 23.00 2.16 TR0126_COQ_B 4.00 5.00 1.00 3.78 including TR0126_COQ_B 16.00 17.00 1.00 42.70 including TR0127_COQ_A 13.00 19.00 6.00 0.32 TR0127_COQ_A 33.00 34.00 1.00 0.91 TR0129_COQ_A 18.00 20.00 2.00 0.49 TR0129_COQ_A 57.00 60.00 3.00 0.55 TR0151_COQ_A 14.00 20.00 6.00 0.30 TR0151_COQ_A 32.00 45.00 13.00 0.32 TR0152_COQ_A 4.00 30.00 26.00 0.45 TR0153_COQ_A 39.50 109.00 69.50 0.83 TR0153_COQ_A 69.00 109.00 40.00 1.23 including TR0153_COQ_A 69.00 71.00 2.00 7.31 including TR0153_COQ_A 101.00 109.00 8.00 3.14 including TR0154_COQ_A 10.00 15.00 5.00 1.26 TR0155_COQ_A 5.00 10.00 5.00 1.08 TR0156_COQ_A 0.00 26.00 26.00 0.92 TR0156_COQ_A 0.00 3.00 3.00 1.79 including TR0156_COQ_A 17.00 22.00 5.00 1.97 including TR0159_COQ_A 0.00 18.00 18.00 1.23 TR0159_COQ_A 14.00 18.00 4.00 3.97 including TR0160_COQ_A 4.00 23.00 19.00 0.51 TR0160_COQ_A 16.00 20.00 4.00 1.12 including TR0164_COQ_A 0.00 63.00 63.00 0.32 TR0164_COQ_A 0.00 2.00 2.00 3.57 including Table 1 – Toro Gordo Significant Trench Sampling Results – full results presented in Appendix 1 2 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 10 December 2020 TRENCH_ID UTM_E UTM_N dip Azimuth length (m) TR0125_COQ_A 341531 7035650 -10 38 12.00 TR0125_COQ_B 341532 7035666 -20 50 13.00 TR0126_COQ_A 341511 7035686 -15 55 22.00 TR0126_COQ_B 341529 7035707 5 115 27.00 TR0125_COQ_C 341507 7035625 0 50 38.00 TR0127_COQ_A 341508 7035620 0 250 83.00 TR0128_COQ_A 341453 7035544 0 220 37.00 TR0128_COQ_B 341458 7035509 -5 170 10.00 TR0129_COQ_A 341434 7035388 5 20 103.00 TR0130_COQ_A 341436 7035386 0 190 73.00 TR0150_COQ_A 341536 7035535 0 90 27.50 TR0151_COQ_A 341561 7035551 5 35 58.00 TR0152_COQ_A 341576 7035633 5 328 30.00 TR0153_COQ_A 341575 7035683 0 60 109.00 TR0154_COQ_A 341574 7035794 0 40 20.00 TR0155_COQ_A 341580 7035841 10 20 15.00 TR0156_COQ_A 341588 7035856 -5 140 33.00 TR0157_COQ_A 341370 7035557 0 30 14.00 TR0158_COQ_A 341327 7035514 0 70 9.00 TR0159_COQ_A 341279 7035495 0 75 21.00 TR0160_COQ_A 341172 7035571 0 235 23.00 TR0161_COQ_A 341283 7035774 0 60 7.00 TR0162_COQ_A 341295 7035787 0 50 1.00 TR0163_COQ_A 341468 7035879 -20 245 10.00 TR0164_COQ_A 341476 7035760 10 50 68.00 Table 2 – Toro Gordo trench location details – PSAD56/19S datum 3 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 10 December 2020 Figure 1 – Toro Gordo trench sampling results for this announcement in gold highlight. Previously announced results in white (ASX Announcement 13 May 2020). Ternera drill collars coloured to g/m Au drill intercept. 4 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 10 December 2020 Figure 2 - El Zorro Gold Project district geology and prospect map. Authorised by the Board of Tesoro Resources Limited. For more information: Company: Zeff Reeves Managing Director Tesoro Resources Limited +61 8 9322 1587 5 Investors: Peter Taylor NWR Communications +61 (0) 412 036 231 peter@nwrcommunications.com.au +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 10 December 2020 About Tesoro Tesoro Resources Limited was established with a strategy of acquiring, exploring and developing mining projects in the Coastal Cordillera region of Chile. The Coastal Cordillera region is host to multiple world class copper and gold mines, has well established infrastructure, service providers and an experienced mining workforce. Large areas of the Coastal Cordillera remain unexplored due to the unconsolidated nature of mining concession ownership, but Tesoro, via its in-country network and experience has been able secure rights to a district scale gold project in-line with the Company’s strategy. Tesoro has rights to acquire up to 80% of the El Zorro Gold Project. Competent Persons Statement The information in this report that relates to Exploration Results is based on information compiled by Mr Zeffron Reeves (B App Sc (Hons) Applied Geology) MBA, MAIG). Mr Reeves is a member of the Australian Institute of Geoscientists and a Director and major shareholder of the Company. Mr Reeves has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Reeves consents to the inclusion in this report of the matters based on this information in the form and context in which it appears. Future Performance This announcement may contain certain forward-looking statements and opinion. Forward-looking statements, including projections, forecasts and estimates, are provided as a general guide only and should not be relied on as an indication or guarantee of future performance and involve known and unknown risks, uncertainties, assumptions, contingencies and other important factors, many of which are outside the control of the Company and which are subject to change without notice and could cause the actual results, performance or achievements of the Company to be materially different from the future results, performance or achievements expressed or implied by such statements. Past performance is not necessarily a guide to future performance and no representation or warranty is made as to the likelihood of achievement or reasonableness of any forward-looking statements or other forecast. Nothing contained in this announcement nor any information made available to you is, or and shall be relied upon as, a promise, representation, warranty or guarantee as to the past, present or the future performance of Tesoro. 6 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 10 December 2020 Appendix 1 – Toro Gordo Trench Results Datum PSAD56/19S Location 7 Location Azimuth FROM TO width (m) Sample ID TR0125_COQ_A 341531 7035650 PSAD56 -10 38 0.00 1.00 1.00 28701 0.1 TR0125_COQ_C 341526 7035642 PSAD56 -5 30 27.00 28.00 1.00 28816 0.31 TR0125_COQ_A 341532 7035651 PSAD56 -10 38 1.00 2.00 1.00 28702 0.04 TR0125_COQ_C 341527 7035642 PSAD56 -5 30 28.00 29.00 1.00 28817 0.34 TR0125_COQ_A 341532 7035652 PSAD56 -10 38 2.00 3.00 1.00 28703 0.02 TR0125_COQ_C 341527 7035643 PSAD56 -5 30 29.00 30.00 1.00 28818 0.23 TR0125_COQ_A 341533 7035653 PSAD56 -10 38 3.00 4.00 1.00 28704 0.17 TR0125_COQ_C 341528 7035644 PSAD56 -5 30 30.00 31.00 1.00 28819 0.33 TR0125_COQ_A 341533 7035654 PSAD56 -10 38 4.00 5.00 1.00 28705 0.12 TR0125_COQ_C 341528 7035645 PSAD56 -5 30 31.00 32.00 1.00 28821 0.08 TR0125_COQ_A 341534 7035655 PSAD56 -10 38 5.00 6.00 1.00 28706 0.5 TR0125_COQ_C 341529 7035646 PSAD56 -5 30 32.00 33.00 1.00 28822 0.15 TR0125_COQ_A 341534 7035656 PSAD56 -10 38 6.00 7.00 1.00 28707 1.4 TR0125_COQ_C 341529 7035647 PSAD56 -5 30 33.00 34.00 1.00 28823 0.11 TR0125_COQ_A 341535 7035657 PSAD56 -10 38 7.00 8.00 1.00 28709 0.22 TR0125_COQ_C 341530 7035647 PSAD56 -5 30 34.00 35.00 1.00 28824 0.07 TR0125_COQ_A 341535 7035658 PSAD56 -10 38 8.00 9.00 1.00 28710 0.64 TR0125_COQ_C 341530 7035648 PSAD56 -5 30 35.00 36.00 1.00 28825 0.05 TR0125_COQ_A 341536 7035659 PSAD56 -10 38 9.00 10.00 1.00 28711 0.63 TR0125_COQ_C 341531 7035649 PSAD56 -5 30 36.00 37.00 1.00 28826 0.04 TR0125_COQ_A 341536 7035660 PSAD56 -10 38 10.00 11.00 1.00 28712 0.65 TR0125_COQ_C 341531 7035650 PSAD56 -5 30 37.00 38.00 1.00 28827 0.1 TR0125_COQ_A 341537 7035661 PSAD56 -10 38 11.00 12.00 1.00 28713 0.76 TR0127_COQ_A 341508 7035620 PSAD56 0 250 0.00 1.00 1.00 28829 0.005 TR0125_COQ_B 341532 7035666 PSAD56 -20 50 0.00 1.00 1.00 28714 0.02 TR0127_COQ_A 341507 7035620 PSAD56 0 250 1.00 2.00 1.00 28830 0.01 TR0125_COQ_B 341533 7035666 PSAD56 -20 50 1.00 2.00 1.00 28715 0.01 TR0127_COQ_A 341506 7035619 PSAD56 0 250 2.00 3.00 1.00 28831 0.005 TR0125_COQ_B 341534 7035667 PSAD56 -20 50 2.00 3.00 1.00 28717 0.27 TR0127_COQ_A 341505 7035619 PSAD56 0 250 3.00 4.00 1.00 28832 0.01 TR0125_COQ_B 341534 7035668 PSAD56 -20 50 3.00 4.00 1.00 28718 0.01 TR0127_COQ_A 341504 7035618 PSAD56 0 250 4.00 5.00 1.00 28833 0.01 TR0125_COQ_B 341535 7035669 PSAD56 -20 50 4.00 5.00 1.00 28719 0.01 TR0127_COQ_A 341503 7035618 PSAD56 0 250 5.00 6.00 1.00 28834 0.04 TR0125_COQ_B 341536 7035670 PSAD56 -20 50 5.00 6.00 1.00 28720 0.01 TR0127_COQ_A 341502 7035617 PSAD56 0 250 6.00 7.00 1.00 28835 0.005 TR0125_COQ_B 341537 7035671 PSAD56 -20 50 6.00 7.00 1.00 28721 0.01 TR0127_COQ_A 341501 7035617 PSAD56 0 250 7.00 8.00 1.00 28837 0.02 TR0125_COQ_B 341538 7035672 PSAD56 -20 50 7.00 8.00 1.00 28722 0.01 TR0127_COQ_A 341500 7035616 PSAD56 0 250 8.00 9.00 1.00 28838 0.11 TR0125_COQ_B 341538 7035673 PSAD56 -20 50 8.00 9.00 1.00 28723 0.005 TR0127_COQ_A 341499 7035616 PSAD56 0 250 9.00 10.00 1.00 28839 0.07 TR0125_COQ_B 341539 7035673 PSAD56 -20 50 9.00 10.00 1.00 28725 0.01 TR0127_COQ_A 341498 7035615 PSAD56 0 250 10.00 11.00 1.00 28840 0.12 TR0125_COQ_B 341540 7035674 PSAD56 -20 50 10.00 11.00 1.00 28726 0.01 TR0127_COQ_A 341497 7035615 PSAD56 0 250 11.00 12.00 1.00 28841 0.04 TR0125_COQ_B 341541 7035675 PSAD56 -20 50 11.00 12.00 1.00 28727 0.4 TR0127_COQ_A 341496 7035614 PSAD56 -5 270 12.00 13.00 1.00 28842 0.02 TR0125_COQ_B 341541 7035676 PSAD56 -20 50 12.00 13.00 1.00 28728 0.005 TR0127_COQ_A 341495 7035614 PSAD56 -5 270 13.00 14.00 1.00 28843 0.46 TR0126_COQ_A 341511 7035686 PSAD56 -15 55 0.00 1.00 1.00 28729 0.26 TR0127_COQ_A 341494 7035614 PSAD56 -5 270 14.00 15.00 1.00 28845 0.12 TR0126_COQ_A 341512 7035687 PSAD56 -15 55 1.00 2.00 1.00 28730 0.53 TR0127_COQ_A 341493 7035614 PSAD56 -5 270 15.00 16.00 1.00 28846 0.74 TR0126_COQ_A 341513 7035687 PSAD56 -15 55 2.00 3.00 1.00 28731 0.15 TR0127_COQ_A 341492 7035614 PSAD56 -5 270 16.00 17.00 1.00 28847 0.22 TR0126_COQ_A 341514 7035688 PSAD56 -15 55 3.00 4.00 1.00 28733 0.3 TR0127_COQ_A 341491 7035614 PSAD56 -5 270 17.00 18.00 1.00 28848 0.09 TR0126_COQ_A 341515 7035689 PSAD56 -15 55 4.00 5.00 1.00 28734 0.04 TR0127_COQ_A 341490 7035614 PSAD56 -5 270 18.00 19.00 1.00 28849 0.28 TR0126_COQ_A 341516 7035689 PSAD56 -15 55 5.00 6.00 1.00 28735 0.08 TR0127_COQ_A 341489 7035614 PSAD56 -5 275 19.00 20.00 1.00 28850 0.02 TR0126_COQ_A 341517 7035690 PSAD56 -15 55 6.00 7.00 1.00 28736 0.02 TR0127_COQ_A 341488 7035614 PSAD56 -5 275 20.00 21.00 1.00 28851 0.18 TR0126_COQ_A 341518 7035691 PSAD56 -15 55 7.00 8.00 1.00 28737 0.05 TR0127_COQ_A 341487 7035614 PSAD56 -5 275 21.00 22.00 1.00 28853 0.16 TR0126_COQ_A 341519 7035691 PSAD56 -15 55 8.00 9.00 1.00 28738 0.01 TR0127_COQ_A 341486 7035614 PSAD56 -5 275 22.00 23.00 1.00 28854 0.09 TR0126_COQ_A 341520 7035692 PSAD56 -5 30 9.00 10.00 1.00 28739 0.03 TR0127_COQ_A 341485 7035614 PSAD56 -5 275 23.00 24.00 1.00 28855 0.01 TR0126_COQ_A 341521 7035693 PSAD56 -5 30 10.00 11.00 1.00 28741 0.06 TR0127_COQ_A 341484 7035614 PSAD56 -5 275 24.00 25.00 1.00 28856 0.17 TR0126_COQ_A 341522 7035694 PSAD56 -5 30 11.00 12.00 1.00 28742 0.06 TR0127_COQ_A 341483 7035614 PSAD56 -5 275 25.00 26.00 1.00 28857 0.005 TR0126_COQ_A 341523 7035694 PSAD56 -5 30 12.00 13.00 1.00 28743 0.54 TR0127_COQ_A 341482 7035614 PSAD56 -5 275 26.00 27.00 1.00 28858 0.01 TR0126_COQ_A 341524 7035695 PSAD56 -5 30 13.00 14.00 1.00 28744 0.05 TR0127_COQ_A 341481 7035614 PSAD56 -5 255 27.00 28.00 1.00 28859 0.01 TR0126_COQ_A 341525 7035696 PSAD56 -5 30 14.00 15.00 1.00 28745 0.13 TR0127_COQ_A 341480 7035613 PSAD56 -5 255 28.00 29.00 1.00 28861 0.02 TR0126_COQ_A 341526 7035697 PSAD56 -5 30 15.00 16.00 1.00 28746 1.78 TR0127_COQ_A 341479 7035613 PSAD56 -5 255 29.00 30.00 1.00 28862 0.02 TR0126_COQ_A 341527 7035697 PSAD56 5 22 16.00 17.00 1.00 28747 0.25 TR0127_COQ_A 341478 7035612 PSAD56 -5 255 30.00 31.00 1.00 28863 0.01 TR0126_COQ_A 341527 7035698 PSAD56 5 22 17.00 18.00 1.00 28749 0.02 TR0127_COQ_A 341477 7035612 PSAD56 -5 255 31.00 32.00 1.00 28864 0.01 TR0126_COQ_A 341527 7035699 PSAD56 5 22 18.00 19.00 1.00 28750 0.02 TR0127_COQ_A 341476 7035611 PSAD56 -5 255 32.00 33.00 1.00 28865 0.01 TR0126_COQ_A 341527 7035700 PSAD56 5 22 19.00 20.00 1.00 28751 0.005 TR0127_COQ_A 341475 7035611 PSAD56 -5 255 33.00 34.00 1.00 28866 0.91 TR0126_COQ_A 341527 7035701 PSAD56 5 22 20.00 21.00 1.00 28752 0.04 TR0127_COQ_A 341474 7035610 PSAD56 -5 255 34.00 35.00 1.00 28867 0.03 TR0126_COQ_A 341527 7035702 PSAD56 5 22 21.00 22.00 1.00 28753 0.01 TR0127_COQ_A 341473 7035610 PSAD56 -5 255 35.00 36.00 1.00 28869 0.05 TR0126_COQ_B 341529 7035707 PSAD56 5 115 0.00 1.00 1.00 28754 0.09 TR0127_COQ_A 341473 7035609 PSAD56 -5 235 36.00 37.00 1.00 28870 0.11 TR0126_COQ_B 341530 7035706 PSAD56 5 115 1.00 2.00 1.00 28755 0.04 TR0127_COQ_A 341472 7035609 PSAD56 -5 235 37.00 38.00 1.00 28871 0.4 TR0126_COQ_B 341531 7035706 PSAD56 5 115 2.00 3.00 1.00 28757 0.03 TR0127_COQ_A 341472 7035608 PSAD56 -5 235 38.00 39.00 1.00 28872 0.1 TR0126_COQ_B 341532 7035705 PSAD56 5 115 3.00 4.00 1.00 28758 0.11 TR0127_COQ_A 341471 7035607 PSAD56 -5 235 39.00 40.00 1.00 28873 0.06 TR0126_COQ_B 341533 7035705 PSAD56 15 80 4.00 5.00 1.00 28759 3.78 TR0127_COQ_A 341471 7035606 PSAD56 0 222 40.00 41.00 1.00 28874 0.04 TR0126_COQ_B 341534 7035705 PSAD56 15 80 5.00 6.00 1.00 28760 0.17 TR0127_COQ_A 341470 7035605 PSAD56 0 222 41.00 42.00 1.00 28875 0.18 TR0126_COQ_B 341535 7035705 PSAD56 15 80 6.00 7.00 1.00 28761 0.07 TR0127_COQ_A 341469 7035604 PSAD56 0 222 42.00 43.00 1.00 28877 0.11 TR0126_COQ_B 341536 7035705 PSAD56 15 80 7.00 8.00 1.00 28762 0.03 TR0127_COQ_A 341468 7035603 PSAD56 -5 220 43.00 44.00 1.00 28878 0.1 TR0126_COQ_B 341537 7035706 PSAD56 15 80 8.00 9.00 1.00 28763 0.1 TR0127_COQ_A 341468 7035602 PSAD56 -5 220 44.00 45.00 1.00 28879 0.07 TR0126_COQ_B 341538 7035706 PSAD56 15 80 9.00 10.00 1.00 28765 0.05 TR0127_COQ_A 341468 7035601 PSAD56 -5 190 45.00 46.00 1.00 28880 0.03 TR0126_COQ_B 341539 7035706 PSAD56 15 80 10.00 11.00 1.00 28766 0.06 TR0127_COQ_A 341468 7035600 PSAD56 -5 190 46.00 47.00 1.00 28881 0.08 TR0126_COQ_B 341540 7035706 PSAD56 15 80 11.00 12.00 1.00 28767 0.24 TR0127_COQ_A 341468 7035599 PSAD56 -5 190 47.00 48.00 1.00 28882 0.1 TR0126_COQ_B 341541 7035707 PSAD56 15 80 12.00 13.00 1.00 28768 0.2 TR0127_COQ_A 341468 7035598 PSAD56 -5 175 48.00 49.00 1.00 28883 0.05 TR0126_COQ_B 341542 7035707 PSAD56 15 80 13.00 14.00 1.00 28769 0.25 TR0127_COQ_A 341468 7035597 PSAD56 -5 175 49.00 50.00 1.00 28885 0.04 TR0126_COQ_B 341543 7035707 PSAD56 15 80 14.00 15.00 1.00 28770 0.11 TR0127_COQ_A 341468 7035596 PSAD56 -5 175 50.00 51.00 1.00 28886 0.12 TR0126_COQ_B 341544 7035707 PSAD56 15 80 15.00 16.00 1.00 28771 0.16 TR0127_COQ_A 341468 7035595 PSAD56 -5 175 51.00 52.00 1.00 28887 0.07 TR0126_COQ_B 341545 7035708 PSAD56 15 80 16.00 17.00 1.00 28773 42.7 TR0127_COQ_A 341468 7035594 PSAD56 -5 175 52.00 53.00 1.00 28888 0.03 TR0126_COQ_B 341546 7035708 PSAD56 15 80 17.00 18.00 1.00 28774 0.08 TR0127_COQ_A 341468 7035593 PSAD56 -5 175 53.00 54.00 1.00 28889 0.04 TR0126_COQ_B 341547 7035708 PSAD56 15 80 18.00 19.00 1.00 28775 0.14 TR0127_COQ_A 341468 7035592 PSAD56 -5 175 54.00 55.00 1.00 28890 0.04 TR0126_COQ_B 341548 7035708 PSAD56 15 80 19.00 20.00 1.00 28776 0.1 TR0127_COQ_A 341468 7035591 PSAD56 -5 175 55.00 56.00 1.00 28891 0.08 TR0126_COQ_B 341549 7035709 PSAD56 15 80 20.00 21.00 1.00 28777 0.05 TR0127_COQ_A 341468 7035590 PSAD56 -5 175 56.00 57.00 1.00 28893 0.01 TR0126_COQ_B 341550 7035709 PSAD56 15 80 21.00 22.00 1.00 28778 0.02 TR0127_COQ_A 341469 7035589 PSAD56 -5 175 57.00 58.00 1.00 28894 0.04 TR0126_COQ_B 341551 7035709 PSAD56 15 80 22.00 23.00 1.00 28779 0.38 TR0127_COQ_A 341469 7035588 PSAD56 -5 175 58.00 59.00 1.00 28895 0.02 TR0126_COQ_B 341552 7035709 PSAD56 15 80 23.00 24.00 1.00 28781 0.37 TR0127_COQ_A 341469 7035587 PSAD56 -5 175 59.00 60.00 1.00 28896 0.01 TR0126_COQ_B 341553 7035710 PSAD56 15 80 24.00 25.00 1.00 28782 0.11 TR0127_COQ_A 341469 7035586 PSAD56 -5 175 60.00 61.00 1.00 28897 0.09 TR0126_COQ_B 341554 7035710 PSAD56 15 80 25.00 26.00 1.00 28783 0.15 TR0127_COQ_A 341469 7035585 PSAD56 -5 175 61.00 62.00 1.00 28898 0.05 TR0126_COQ_B 341555 7035710 PSAD56 15 80 26.00 27.00 1.00 28784 0.3 TR0127_COQ_A 341469 7035584 PSAD56 -5 175 62.00 63.00 1.00 28899 0.03 TR0125_COQ_C 341507 7035625 PSAD56 0 50 0.00 1.00 1.00 28785 0.04 TR0127_COQ_A 341469 7035583 PSAD56 0 195 63.00 64.00 1.00 28901 0.04 TR0125_COQ_C 341508 7035626 PSAD56 0 50 1.00 2.00 1.00 28786 0.02 TR0127_COQ_A 341469 7035582 PSAD56 0 195 64.00 65.00 1.00 28902 0.06 TR0125_COQ_C 341509 7035626 PSAD56 0 50 2.00 3.00 1.00 28787 0.44 TR0127_COQ_A 341468 7035581 PSAD56 0 195 65.00 66.00 1.00 28903 0.03 TR0125_COQ_C 341509 7035627 PSAD56 0 50 3.00 4.00 1.00 28789 0.02 TR0127_COQ_A 341468 7035580 PSAD56 0 195 66.00 67.00 1.00 28904 0.04 TR0125_COQ_C 341510 7035627 PSAD56 0 50 4.00 5.00 1.00 28790 0.03 TR0127_COQ_A 341467 7035579 PSAD56 0 195 67.00 68.00 1.00 28905 0.02 TR0125_COQ_C 341511 7035628 PSAD56 0 50 5.00 6.00 1.00 28791 0.16 TR0127_COQ_A 341467 7035578 PSAD56 0 195 68.00 69.00 1.00 28906 0.01 TR0125_COQ_C 341512 7035628 PSAD56 0 50 6.00 7.00 1.00 28792 0.03 TR0127_COQ_A 341466 7035577 PSAD56 0 195 69.00 70.00 1.00 28907 0.02 TR0125_COQ_C 341512 7035629 PSAD56 0 50 7.00 8.00 1.00 28793 0.01 TR0127_COQ_A 341466 7035576 PSAD56 0 195 70.00 71.00 1.00 28909 0.05 TR0125_COQ_C 341513 7035629 PSAD56 0 50 8.00 9.00 1.00 28794 0.01 TR0127_COQ_A 341465 7035575 PSAD56 0 195 71.00 72.00 1.00 28910 0.01 TR0125_COQ_C 341514 7035630 PSAD56 0 50 9.00 10.00 1.00 28795 0.03 TR0127_COQ_A 341465 7035574 PSAD56 0 210 72.00 73.00 1.00 28911 0.02 TR0125_COQ_C 341515 7035630 PSAD56 0 50 10.00 11.00 1.00 28797 0.05 TR0127_COQ_A 341464 7035573 PSAD56 0 210 73.00 74.00 1.00 28912 0.04 TR0125_COQ_C 341516 7035631 PSAD56 0 50 11.00 12.00 1.00 28798 0.09 TR0127_COQ_A 341464 7035572 PSAD56 0 210 74.00 75.00 1.00 28913 0.01 TR0125_COQ_C 341517 7035631 PSAD56 0 50 12.00 13.00 1.00 28799 0.01 TR0127_COQ_A 341464 7035571 PSAD56 0 210 75.00 76.00 1.00 28914 0.03 TR0125_COQ_C 341517 7035632 PSAD56 0 50 13.00 14.00 1.00 28800 0.04 TR0127_COQ_A 341463 7035570 PSAD56 0 210 76.00 77.00 1.00 28915 0.02 TR0125_COQ_C 341518 7035632 PSAD56 0 50 14.00 15.00 1.00 28801 0.37 TR0127_COQ_A 341463 7035569 PSAD56 0 210 77.00 78.00 1.00 28917 0.01 TR0125_COQ_C 341519 7035633 PSAD56 0 50 15.00 16.00 1.00 28802 0.13 TR0127_COQ_A 341463 7035568 PSAD56 0 210 78.00 79.00 1.00 28918 0.01 TR0125_COQ_C 341520 7035634 PSAD56 0 50 16.00 17.00 1.00 28803 0.02 TR0127_COQ_A 341462 7035567 PSAD56 0 210 79.00 80.00 1.00 28919 0.02 TR0125_COQ_C 341520 7035635 PSAD56 -5 40 17.00 18.00 1.00 28805 22.3 TR0127_COQ_A 341462 7035566 PSAD56 0 210 80.00 81.00 1.00 28920 0.01 TR0125_COQ_C 341521 7035636 PSAD56 -5 40 18.00 19.00 1.00 28806 0.06 TR0127_COQ_A 341462 7035565 PSAD56 0 210 81.00 82.00 1.00 28921 0.03 TR0125_COQ_C 341522 7035637 PSAD56 -5 40 19.00 20.00 1.00 28807 0.06 TR0127_COQ_A 341461 7035564 PSAD56 0 210 82.00 83.00 1.00 28922 0.005 TR0125_COQ_C 341522 7035637 PSAD56 -5 40 20.00 21.00 1.00 28808 0.03 TR0128_COQ_A 341453 7035544 PSAD56 0 220 0.00 1.00 1.00 28923 0.07 TR0125_COQ_C 341523 7035638 PSAD56 -5 40 21.00 22.00 1.00 28809 0.02 TR0128_COQ_A 341453 7035543 PSAD56 0 220 1.00 2.00 1.00 28925 0.005 TR0125_COQ_C 341523 7035638 PSAD56 -5 40 22.00 23.00 1.00 28810 0.08 TR0128_COQ_A 341453 7035542 PSAD56 0 220 2.00 3.00 1.00 28926 0.02 TR0125_COQ_C 341524 7035639 PSAD56 -5 40 23.00 24.00 1.00 28811 0.11 TR0128_COQ_A 341452 7035541 PSAD56 0 220 3.00 4.00 1.00 28927 0.06 TR0125_COQ_C 341525 7035639 PSAD56 -5 40 24.00 25.00 1.00 28813 0.3 TR0125_COQ_C 341525 7035640 PSAD56 -5 30 25.00 26.00 1.00 28814 0.3 TR0125_COQ_C 341526 7035641 PSAD56 -5 30 26.00 27.00 1.00 28815 0.24 TRENCH_ID UTM_E UTM_N Projection dip Azimuth FROM TO width (m) Sample ID Au ppm TRENCH_ID UTM_E UTM_N Projection dip Au ppm +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 10 December 2020 Location 8 Location Azimuth FROM TO width (m) Sample ID Au ppm TRENCH_ID TR0128_COQ_A 341452 7035540 PSAD56 0 220 4.00 5.00 1.00 Azimuth FROM TO width (m) Sample ID 28928 0.06 TR0129_COQ_A 341426 7035443 PSAD56 0 355 58.00 59.00 1.00 29043 TR0128_COQ_A 341452 7035539 PSAD56 0 220 5.00 6.00 TR0128_COQ_A 341452 7035538 PSAD56 0 220 6.00 7.00 0.63 1.00 28929 0.09 TR0129_COQ_A 341426 7035444 PSAD56 0 355 59.00 60.00 1.00 29045 0.37 1.00 28930 0.08 TR0129_COQ_A 341426 7035445 PSAD56 0 355 60.00 61.00 1.00 29046 TR0128_COQ_A 341451 7035537 PSAD56 0 220 7.00 0.15 8.00 1.00 28931 0.06 TR0129_COQ_A 341426 7035446 PSAD56 5 30 61.00 62.00 1.00 29047 TR0128_COQ_A 341451 7035536 PSAD56 0 220 0.08 8.00 9.00 1.00 28933 0.01 TR0129_COQ_A 341427 7035447 PSAD56 5 30 62.00 63.00 1.00 29048 TR0128_COQ_A 341451 7035535 PSAD56 0 TR0128_COQ_A 341451 7035534 PSAD56 0 0.04 200 9.00 10.00 1.00 28934 0.01 TR0129_COQ_A 341427 7035448 PSAD56 5 30 63.00 64.00 1.00 29049 0.07 200 10.00 11.00 1.00 28935 0.05 TR0129_COQ_A 341428 7035448 PSAD56 5 30 64.00 65.00 1.00 29050 0.02 TR0128_COQ_A 341451 7035533 PSAD56 0 200 11.00 12.00 1.00 28936 0.02 TR0129_COQ_A 341428 7035449 PSAD56 5 30 65.00 66.00 1.00 29051 0.03 TR0128_COQ_A 341450 7035532 PSAD56 0 200 12.00 13.00 1.00 28937 0.11 TR0129_COQ_A 341429 7035449 PSAD56 5 30 66.00 67.00 1.00 29053 0.04 TR0128_COQ_A 341450 7035531 PSAD56 0 200 13.00 14.00 1.00 28938 0.18 TR0129_COQ_A 341429 7035450 PSAD56 5 30 67.00 68.00 1.00 29054 0.02 TR0128_COQ_A 341450 7035530 PSAD56 0 200 14.00 15.00 1.00 28939 0.56 TR0129_COQ_A 341429 7035451 PSAD56 5 60 68.00 69.00 1.00 29055 0.01 TR0128_COQ_A 341450 7035529 PSAD56 0 200 15.00 16.00 1.00 28941 0.18 TR0129_COQ_A 341430 7035452 PSAD56 5 60 69.00 70.00 1.00 29056 0.02 TR0128_COQ_A 341450 7035528 PSAD56 0 200 16.00 17.00 1.00 28942 0.09 TR0129_COQ_A 341431 7035452 PSAD56 5 60 70.00 71.00 1.00 29057 0.02 TR0128_COQ_A 341450 7035527 PSAD56 0 200 17.00 18.00 1.00 28943 0.04 TR0129_COQ_A 341432 7035453 PSAD56 5 60 71.00 72.00 1.00 29058 0.01 TR0128_COQ_A 341451 7035526 PSAD56 0 200 18.00 19.00 1.00 28944 0.03 TR0129_COQ_A 341432 7035454 PSAD56 5 60 72.00 73.00 1.00 29059 0.02 TR0128_COQ_A 341451 7035525 PSAD56 0 200 19.00 20.00 1.00 28945 0.01 TR0129_COQ_A 341433 7035455 PSAD56 5 60 73.00 74.00 1.00 29061 0.01 TR0128_COQ_A 341451 7035524 PSAD56 0 200 20.00 21.00 1.00 28946 0.05 TR0129_COQ_A 341434 7035455 PSAD56 5 60 74.00 75.00 1.00 29062 0.01 TR0128_COQ_A 341452 7035523 PSAD56 0 200 21.00 22.00 1.00 28947 0.04 TR0129_COQ_A 341435 7035456 PSAD56 5 60 75.00 76.00 1.00 29063 0.01 TR0128_COQ_A 341452 7035522 PSAD56 5 170 22.00 23.00 1.00 28949 0.01 TR0129_COQ_A 341436 7035457 PSAD56 5 60 76.00 77.00 1.00 29064 0.01 TR0128_COQ_A 341453 7035521 PSAD56 5 170 23.00 24.00 1.00 28950 0.02 TR0129_COQ_A 341437 7035457 PSAD56 5 60 77.00 78.00 1.00 29065 0.01 TR0128_COQ_A 341453 7035520 PSAD56 5 170 24.00 25.00 1.00 28951 0.05 TR0129_COQ_A 341437 7035458 PSAD56 5 60 78.00 79.00 1.00 29066 0.01 TR0128_COQ_A 341453 7035519 PSAD56 5 170 25.00 26.00 1.00 28952 0.01 TR0129_COQ_A 341438 7035458 PSAD56 5 60 79.00 80.00 1.00 29067 0.02 TR0128_COQ_A 341453 7035518 PSAD56 5 170 26.00 27.00 1.00 28953 0.02 TR0129_COQ_A 341439 7035459 PSAD56 5 60 80.00 81.00 1.00 29069 0.01 TR0128_COQ_A 341454 7035517 PSAD56 5 170 27.00 28.00 1.00 28954 0.01 TR0129_COQ_A 341439 7035460 PSAD56 5 60 81.00 82.00 1.00 29070 0.02 TR0128_COQ_A 341454 7035516 PSAD56 5 170 28.00 29.00 1.00 28955 0.01 TR0129_COQ_A 341440 7035460 PSAD56 5 60 82.00 83.00 1.00 29071 0.02 TR0128_COQ_A 341454 7035515 PSAD56 5 170 29.00 30.00 1.00 28957 0.01 TR0129_COQ_A 341441 7035461 PSAD56 5 60 83.00 84.00 1.00 29072 0.02 TR0128_COQ_A 341455 7035514 PSAD56 5 170 30.00 31.00 1.00 28958 0.005 TR0129_COQ_A 341442 7035461 PSAD56 5 60 84.00 85.00 1.00 29073 0.03 TR0128_COQ_A 341455 7035513 PSAD56 5 170 31.00 32.00 1.00 28959 0.01 TR0129_COQ_A 341443 7035462 PSAD56 5 60 85.00 86.00 1.00 29074 0.02 TR0128_COQ_A 341455 7035512 PSAD56 0 150 32.00 33.00 1.0

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