Wide High-Grade Gold Intercepts at El Zorro
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Wide High-Grade Gold Intercepts at El Zorro
In the latest ASX announcement dated 16 January 2025, Tesoro Gold Ltd (ASX: TSO, OTCQB: TSORF, FSE: T5D7) reported wide high-grade gold intercepts at the El Zorro Gold Project in Chile. Significant assay results from infill and extensional drilling revealed a new wide, high-grade gold zone below the current Mineral Resource Estimate (MRE) at the Ternera Gold Deposit. The new zone returned 132.18m @ 1.28g/t Au from 363m, including 32.20m @ 3.28g/t Au from 371.30m and 3.25m @ 12.63g/t Au. The results indicate the potential for significant resource expansion at Ternera. Key highlights include the interception of multiple significant mineralised zones outside the existing MRE boundary, demonstrating the growth potential at Ternera. Ongoing drilling aims to expand the MRE at the Ternera Deposit, targeting high-priority zones within a 1.5 km radius of the existing 1.3 Moz Resource. Results from eight holes have returned significant gold intercepts, indicating the continuity of mineralisation at Ternera. Investors are encouraged to explore the detailed assay results and diagrams provided in the announcement. The company's Managing Director, Zeff Reeves, expressed confidence in the geological model and potential for resource expansion. For any questions or further insights into the announcement, investors are welcome to reach out to Tesoro Gold for more information.
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