Announcement PDF ASX ANNOUNCEMENT 28JULY 2021 ASX: TSO | ACN 106 854 175 Maiden Mineral Resource Estimate of 660 koz gold sets foundation at El Zorro Highlights ▪ Ternera Maiden Resource (MRE) of 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, is the preferred open pit mining scenario, based on current mining and metallurgical inputs. ▪ ▪ Includes 15.4Mt @ 1.09 g/t for 540koz using a 0.5g/t Au cut-off ▪ MRE calculated using assay results from 148 drill holes of a total 204 holes drilled. Multiple mineralised holes fall outside of current optimised pit. ▪ Potential for continued growth of the Mineral Resource at Ternera, with multiple mineralised zones open and significant potential to convert “unclassified” resources with infill drilling. ▪ Expansion potential at surrounding prospects Ternera East, Drone Hill, Toro Blanco and Buzzard with multiple untested drill targets. ▪ Drilling continues 24/7, with 6 drill rigs at El Zorro to define and add additional Resource ounces. ▪ 48,202,854 Performance Rights vest and become capable of exercise. MRE delivered in under 18 months since Company’s re-quotation on ASX at a discovery cost of approximately $21.00 per ounce. Indicated Cut-off Au g/t 0.3 0.4 0.5 0.6 0.7 0.8 Mt Au g/t 2.7 2.1 1.7 1.4 1.2 0.9 0.88 1.03 1.17 1.28 1.40 1.64 Ternera Gold Deposit Maiden Resource Table Inferred Total koz Au g/t 75 68 63 58 54 45 Mt Au g/t 22.4 17.4 13.7 11.1 8.9 6.0 0.81 0.95 1.08 1.21 1.34 1.61 koz 586 529 476 430 385 312 Mt 25.1 19.4 15.4 12.5 10.1 6.9 0.82 0.96 1.09 1.22 1.35 1.62 koz 661 597 539 488 439 357 Table 1 – El Zorro Gold Project, Ternera Gold Deposit Mineral Resource Estimate reported at various cut offs within a optimised pit shell Tesoro Resources Limited (Tesoro or the Company) (ASX:TSO) is pleased to announce its maiden Mineral Resource Estimate (MRE) for the Ternera Deposit at the Company’s El Zorro Gold Project, Chile. 1 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 28 July 2021 Tesoro Managing Director, Zeff Reeves commented: “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. 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”. Ternera Maiden Mineral Resource 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 550km2, 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. Figure 1 – El Zorro Project Location Map – Ternera Gold Deposit shown at the yellow diamond 2 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 28 July 2021 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. Figure 2 – El Zorro Gold Project Prospect map on geology 3 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 28 July 2021 Mineralisation within the reported MRE has been classified according to JORC 2012 code and has been reported with an optimised pit shell. A majority of the MRE area has been drilled on a 50m x 50m drill spacing and is classified as inferred resources. A small portion in the Central Ternera area has been drilled at a sufficient density to be classified as Indicated Resources (Figure 3). Within the Ternera Mineral Resource envelope, higher grade gold mineralisation is associated with distinct north-south faults which are both strike and dip extensive. These fault zones have formed a number of higher-grade portions which remain open down dip and along strike (Figure 4). FIGURE 3 – Long section view looking west of the classified Ternera block model within an optimised open pit. Red = Indicated resource, blue = Inferred Resource, grey = optimised pit shell. Black drill holes are used in the Resource calculation, green holes awaiting assays. Grid size = 200m. Datum = PSAD56 19S 4 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 28 July 2021 Figure 4 – Plan view of the pit optimised classified Ternera Block Model. Optimised pit shown as pale green. Red blocks >0.50 g/t Au highlighting grade associated with north-south trending faults. Black holes included in resource calculation, green holes awaiting assays. 100m grid. Datum = PSAD56 19S The Ternera Gold Deposit remains open in all directions, drilling continues to both improve the reported resource categories, expand and add additional gold resources. The company has now drilled >200 diamond drill holes at Ternera, with only 148 holes included in the MRE, there is significant scope for Tesoro to increase the Resource inventory at El Zorro during 2021. Exploration Potential Since February 2020 Tesoro has been primarily focussed on defining and expanding a Mineral Resource at the Ternera Deposit. However preliminary drilling was also completed which confirms gold mineralisation outside of the Ternera Deposit at the Ternera East, Drone Hill and Toro Gordo targets, all of which offer opportunities to increase gold Resources across the project area. A large body of the prospective EZT has also been mapped at the Toro Blanco target to the north of Ternera. 5 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 28 July 2021 The Company has 6 diamond drill rigs on site at El Zorro drilling 24/7. Drilling will be focussed on: • Define Measured, expand Indicated and Inferred Resources at Ternera; • Delineation of gold resources at Ternera East and Toro Gordo; • Further drill testing at Drone Hill; and • Initial drill testing at Toro Blanco. Significant exploration potential exists throughout the El Zorro concessions with identification of the EZT host rocks in the wider El Zorro area. Exploration will continue throughout 2021 to assess and drill test new targets as they are identified. Figure 5 – Ternera MRE area on geology. Pink = Indicated Resource Area, Blue = Inferred resource Area. Black dots = collars included in MRE, green dots = holes awaiting assays, pink circles = resource expansion areas, blue dashed line = section 80 location. 6 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 28 July 2021 Figure 6 – Section 80. Ternera Block Model showing areas in pink circles for further expansion and opportunity at Ternera. Red blocks >0.30g/t. Project Studies The Company is currently assessing the production potential of the El Zorro Gold Project, several studies evaluating open pit mining scenarios have commenced, as well as providing inputs for permitting. This work includes: • Environmental flora and fauna surveys; • Social impact studies and stakeholder engagement; • Hydrology and hydrogeology studies; • Geotechnical assessment; • Power supply and trade off studies; • Detailed metallurgical testwork studies and ore classification; and • Preliminary mining and site infrastructure studies. The Company’s immediate focus is on establishing Measured resources, expanding Indicated and Inferred resources, incorporating Ternera East, Toro Gordo, Drone Hill, testing Toro Blanco, Buzzard and making new discoveries across the project area. All planned exploration and project studies are to be funded from existing cash reserves which totalled $13.7M as at 30 June 2021. Performance Rights The Company confirms that a total of 48,202,854 Performance Rights held by Tesoro Directors Zeffron Reeves and Geoff McNamara and two employees have vested and become capable of exercise as a result of the MRE. These Performance Rights were subject to a performance milestone linked to the establishment of a Mineral Resource of equal to or greater than 250,000oz at a gold grade of 1 g/t or greater, defined in accordance with the JORC Code. 46,720,000 of the vested Performance Rights, held by Directors, remain subject to escrow. 7 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 28 July 2021 TERNERA MINERAL RESOURCE ESTIMATE The following is a summary of material information used to estimate the Mineral Resource, as required by Listing Rule 5.8.1 and JORC 2012 Reporting Guidelines. Details of historic drill results and Tesoro’s exploration drilling at Ternera including all collar tables and all significant intersections that have been previously released to the market are listed in the announcements presented in the attached Appendices. Mineral Tenement and Land Tenure Status 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 550km2, 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. A full list of the El Zorro Concessions is presented in Appendix 3. Tesoro’s 95% owned Chilean subsidiary, Tesoro Mining Chile Ltda, currently owns 85% of the El Zorro Gold Project within a fully diluting joint venture structure. Geology In the El Zorro Project, the main mineralised intrusions are underlain by a Devonian age sedimentary rock sequence consisting of interbedded siltstone, volcaniclastics, and minor quartzite, all of which has been variably metamorphosed and folded. In the El Zorro project area, both the sediments have been intruded by multiple mineralised tonalite to diorite intrusions interpreted as a possible late stage differentiate of a larger granodiorite body, and have been emplaced as dykes and sills. The granodiorite intrusion has significantly thermally metamorphosed the sediments within several hundred metres of the contact resulting in highly resistant phyllite, dark fine grained hornfels and quartzite. The phyllite is a very fine grained, foliated, black, dense rock. Mineralisation is interpreted to be related to regional scale north-south striking fault zones and associated local north-west striking strike slip faults. Mineralisation is interpreted to occur as discontinuous shoots, controlled by a combination of the intersection of the structures with the preferred host rock tonalite, and locally developed intersections of fracture populations that developed during strike-slip deformation. 8 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 28 July 2021 Figure 1: Schematic Section through the Ternera Deposit showing gold mineralisation associated with N-S strike slip faults (MF faults) Drilling Techniques and Hole Spacing Drilling completed at the El Zorro Project and used to support the MRE includes 148 diamond core (DDH) holes for a total of 46,937 m (Figure 2). All diamond holes are drilled from surface with most holes drilled towards the southwest with a dip of 60 degrees. Earlier holes were drilled in various orientations to define the main mineralised trends. Drilling used a HQ (~63.5 mm diameter) drill size. Drill core was collected from a core barrel and placed in appropriately marked core trays. Down hole core run depths were measured and marked with core blocks, and orientation marks were routinely placed onto the core. Core was measured for core loss and core photography and geological and geotechnical logging completed. 9 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 28 July 2021 Figure 2: Ternera Gold Deposit Drillhole Location Plan with classified shells. Pink = Indicated resource Area, Blue = Inferred resource Area. Black dots = Drill collar locations used in resource Estimate. Green Dots = Drill hole collars for holes awaiting assay and not used in the MRE. PSAD56-19S datum Sampling Sample lengths were determined by geological and significant mineralisation boundaries with a maximum sample length of 1 metre. Core was cut in half longitudinally with an electric core saw. Core was cut such that the orientation line remained in the core tray, and the same half of the core was collected for sampling. Quarter core was submitted to ALS Santiago for chemical analysis using industry standard sample preparation and analytical techniques. Certified reference materials (CRM) at a rate of 1 in 20, and analytical blanks (1:50) were used as part of the QAQC procedures. Field duplicates were generated from coarse reject material from the laboratory and targeted mineralised zones at a rate of 1 in 20. 10 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 28 July 2021 Sample Analysis All DDH samples were dispatched to ALS Copiapo Chile for sample preparation. Sample preparation included whole sample crushing to 70% less than 2mm, Boyd rotary slitting to generate a 1 kg sub-sample, and pulverising to achieve better than 85% passing 75 microns (ALS code PREP-31B). Sample pulps were dispatched to ALS Santiago Chile for analysis using 50 g fire assay with atomic adsorption finish (ALS code Au-AA26). This method is considered a total analysis. Estimation Methodology The geological interpretation utilised lithological logging data, and assay data to guide and control the Mineral Resource estimation. Leapfrog™ implicit modelling software was utilised to generate three-dimensional wireframes of the applicable lithology and fault zone horizons. Estimation domains were based on interactions between the north-south striking fault domains and the intersecting tonalite lithology domains. Drill hole sample data was flagged using domain codes generated from three-dimensional mineralisation domains. Sample data was composited to one-metre downhole lengths using a best fit-method. No residuals were generated. Statistical analysis was carried out on data from all estimated domains, with hard boundary techniques employed within each estimation domain. Analysis of the composite data indicated the presence of outlier values indicating grade capping was required for selected domains. Capped values were generally selected above the 99th percentile. Additionally, distance restrictions on samples with elevated grades were applied whereby the composite grade is capped at a specified threshold outside of a nominated influence distance, typically 20 m. Grade estimates were completed for gold (Au g/t) and density (g/cm3). The grade estimation process was completed using Maptek Vulcan software using Ordinary Kriging (OK) together with dynamic anisotropy to guide the grade interpolation parallel to the domain boundaries. For estimation domains with insufficient sample data a variogram model from a comparable domain was assigned. Interpolation parameters were derived using standard exploratory data analysis techniques of statistical and continuity analysis. Appropriate interpolation strategies were developed on a domain basis using kriging neighbourhood analysis (KNA) with a minimum number of 8 composites and a maximum number of 20 composites. Blocks were estimated in a two-pass strategy with first pass maximum search distances of 50 metres. The second pass search distance was increased to between 100 m to 180 m depending on domain and modelled variogram continuity. An image showing the estimated grades across the model is presented in Error! Reference source not found.. 11 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 28 July 2021 Figure 3 - Oblique view looking north west showing Indicated and Inferred blocks above 0.3 g/t Au The model has a block size of 20 m (X) by 20 m (Y) by 5 m (Z) within the moderately dipping tonalite domains, and 5 m (X) by 20 m (Y) by 20 m (Z) within the steeply dipping north-south striking fault domains. Sub-celling of 2.5 m (X) by 2.5 m (Y) by 1.25m (Z) was applied across the block model to aid in suitable volume definition. Grades were estimated into the parent cells. The block model was validated using a combination of visual and statistical techniques including global statistics comparisons, and trend plots, and grade-tonnage assessments. Resource Classification A range of criteria was considered by Cube when addressing the suitability of the classification boundaries. These criteria include: • Geological continuity and volume; • Drill spacing and drill data quality; • Modelling technique; and • Estimation properties, including search strategy, number of informing composites, average distance of composites from blocks and kriging quality parameters. Blocks have been classified in both the Indicated (11%) and Inferred (89%) categories, primarily based on geological interpretation confidence and drill data spacing in combination with other model estimate quality parameters. The Indicated Resource is constrained to the central portion of the project area with the greatest drill density and restricted to the main tonalite lithology unit and associated fault domains. Cut-off Grade The Mineral Resource has been reported above a 0.30 g/t Au cut-off. Selection of the cut-off has considered results of metallurgical testing (ASX release 9 June 2020). The applied cut-off has been reviewed against that reported from peer projects with similar mineralisation styles and proposed processing options and is considered comparable. Reporting of Mineral Resources have been assessed against a resource limiting optimisation shell using appropriate cost, metallurgical recovery, and price assumptions. Material within the optimised pit shell has, in the opinion of the Competent Person, met the conditions for reporting of a Mineral Resource with reasonable prospects of eventual economic extraction. Mining and Metallurgy Development of this Mineral Resource assumes mining using standard equipment and methods. The assumed mining method is conventional truck and shovel, open pit mining at an appropriate bench height. Mineral Resource Statement The mineralised material that has been interpreted to have “reasonable prospects of eventual economic extraction” by open pit mining methods was defined as mineralised material that has a cut-off grade above 0.30 g/t within an optimised pit shell. The assumptions used in to model the optimised open pit shell are presented in the table below. 12 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 28 July 2021 Item Average Mining Cost Value 2.10 Mining Dilution Mining Recovery Gold price Recovery Au Units US$/t mined % % US$ per oz % Processing cost US$/t milled 13.60 General and Administration Tailings Closure cost provisions Overall slope angle $/t milled $/t milled $/t milled Degree 3.60 0.15 1.00 42.5 10 95 2,500 94 Justification Based on mining cycle time modelling Industry Standard assumption for open pit Industry Standard assumption for open pit Based on preliminary metallurgical testwork as announced to the ASX on 9th June 2020 Based on cost modelling from metallurgical testwork and database costs Based on previous costs estimates database Based on previous costs estimates database Based on previous costs estimates database Based on geotechnical logging and groundwater measurements in host rock units. Competent Persons Statement The information in this report that relates to Mineral Resources is based on information compiled by Mr Daniel Saunders, a Competent Person who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Saunders is a full-time employee of Cube Consulting Pty Ltd, acting as independent consultants to Tesoro Resources Limited. Mr Saunders has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration, and to the activity being undertaken 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 Saunders consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. 13 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 28 July 2021 Authorised by the Board of Tesoro Resources Limited. For more information: Company: Zeff Reeves Managing Director Tesoro Resources Limited +61 8 9322 1587 Investors: Peter Taylor NWR Communications +61 (0) 412 036 231 peter@nwrcommunications.com.au 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’s 95% owned Chilean subsidiary owns 85% 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 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. The information in this report that relates to Mineral Resources is based on information compiled by Mr Daniel Saunders, a Competent Person who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Saunders is a full-time employee of Cube Consulting Pty Ltd, acting as independent consultants to Tesoro Resources Limited. Mr Saunders has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration, and to the activity being undertaken 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 Saunders consents to the inclusion in the report of the matters based on his 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. 14 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 28 July 2021 APPENDIX 1 – SIGNIFICANT INTERCEPT TABLE Hole_ID ZDDH0001 ZDDH0001 ZDDH0001 ZDDH0001 ZDDH0001 ZDDH0001 ZDDH0001 ZDDH0001 ZDDH0001 ZDDH0001 ZDDH0001 ZDDH0001 ZDDH0002 ZDDH0002 ZDDH0002 ZDDH0002 ZDDH0002 ZDDH0003 ZDDH0003 ZDDH0003 ZDDH0003 ZDDH0003 ZDDH0003 ZDDH0003 ZDDH0004 ZDDH0004 ZDDH0004 ZDDH0005 ZDDH0005 ZDDH0005 ZDDH0005 ZDDH0005 ZDDH0005 ZDDH0005 ZDDH0005 ZDDH0005 ZDDH0005 ZDDH0005 ZDDH0005 ZDDH0005 ZDDH0006 ZDDH0006 ZDDH0006 ZDDH0006 ZDDH0006 ZDDH0006 ZDDH0006 ZDDH0006 ZDDH0006 ZDDH0006 ZDDH0006 ZDDH0006 ZDDH0006 ZDDH0006 ZDDH0007 ZDDH0007 ZDDH0007 ZDDH0007 ZDDH0007 ZDDH0008 ZDDH0008 15 From (m) 5.00 5.00 5.00 12.00 14.30 33.64 44.30 64.00 75.50 75.50 107.00 117.00 5.70 8.80 8.80 51.70 58.00 21.00 21.00 21.00 37.20 47.30 64.00 90.00 5.00 56.00 57.00 4.00 4.00 9.80 9.80 51.60 65.00 72.00 72.00 72.00 100.60 130.00 135.80 0.00 2.40 22.60 24.00 46.70 61.10 108.30 133.50 148.00 180.10 180.10 184.00 207.00 226.00 236.00 1.00 39.00 39.00 104.85 117.40 35.00 58.00 To (m) 119.00 15.00 51.30 13.00 15.00 39.00 51.30 65.00 79.00 76.00 112.00 119.00 68.00 24.30 14.00 68.00 61.00 77.30 27.00 22.83 43.00 48.00 77.30 91.00 66.00 66.00 61.00 42.65 32.00 28.00 10.15 52.00 67.00 85.90 75.00 73.00 102.00 132.60 136.80 88.00 3.00 25.95 25.00 50.30 64.02 116.00 135.60 151.80 244.00 181.10 186.00 212.00 227.00 244.00 4.00 66.20 58.00 110.00 118.00 41.10 59.00 Interval 114.00 10.00 46.30 1.00 0.70 5.36 7.00 1.00 3.50 0.50 5.00 2.00 62.30 15.50 5.20 16.30 3.00 56.30 6.00 1.83 5.80 0.70 13.30 1.00 61.00 10.00 4.00 38.65 28.00 18.20 0.35 0.40 2.00 13.90 3.00 1.00 1.40 2.60 1.00 88.00 0.60 3.35 1.00 3.60 2.92 7.70 2.10 3.80 63.90 1.00 2.00 5.00 1.00 8.00 3.00 27.20 19.00 5.15 0.60 6.10 1.00 Au (g/t) 0.35 0.55 0.45 1.64 2.35 0.97 0.67 2.50 0.89 4.82 1.11 2.05 0.54 1.15 1.96 0.78 3.62 0.50 1.96 5.24 1.27 2.00 0.41 1.53 0.97 4.53 9.60 0.65 0.84 1.17 20.10 2.03 1.03 0.52 1.90 4.32 2.07 0.66 12.20 0.15 0.75 2.14 6.10 0.32 0.42 0.30 1.30 0.59 0.23 0.55 1.06 0.77 0.55 0.66 4.75 0.70 0.80 0.34 2.75 0.28 1.43 Comments including including including including including including including including including including including including including including including including including including including including including including including including including including including including including including including including including including including including including including including including including including Hole_ID From (m) To (m) ZDDH0009 4.00 6.00 ZDDH0009 12.55 38.00 ZDDH0009 21.00 26.00 ZDDH0009 48.00 48.50 ZDDH0009 78.00 83.00 ZDDH0010 31.00 33.00 ZDDH0010 60.00 61.00 ZDDH0010 66.00 67.00 ZDDH0010 75.00 159.30 ZDDH0010 75.00 104.00 ZDDH0010 82.50 86.45 ZDDH0010 91.00 102.00 ZDDH0010 93.00 97.00 ZDDH0010 120.00 126.00 ZDDH0010 149.00 159.00 ZDDH0011 176.00 274.30 ZDDH0011 181.70 212.00 ZDDH0011 196.40 212.00 ZDDH0011 203.00 203.70 ZDDH0011 203.00 212.00 ZDDH0011 217.00 222.00 ZDDH0011 246.60 256.40 ZDDH0012 0.00 58.80 ZDDH0012 1.70 22.00 ZDDH0012 1.70 8.40 ZDDH0012 2.30 4.70 ZDDH0012 17.60 22.00 ZDDH0012 17.60 20.00 ZDDH0012 53.20 58.80 ZDDH0012 53.20 56.00 ZDDH0012 151.80 152.20 ZDDH0013 0.00 3.00 ZDDH0013 9.00 14.30 ZDDH0013 25.00 29.80 ZDDH0013 28.55 29.80 ZDDH0013 46.30 70.00 ZDDH0013 46.30 51.50 ZDDH0013 51.25 65.35 ZDDH0013 58.00 65.35 ZDDH0013 102.0