ASX:TSO - Multiple wide shallow gold intercepts at Ternera

Multiple wide shallow gold intercepts at Ternera

Released 29 Mar 2021 - 8:25 AM

Announcement PDF ASX ANNOUNCEMENT 29 MARCH 2021 ASX: TSO | ACN 106 854 175 Multiple Wide Shallow Gold Intercepts at Ternera 50.00m @ 1.73g/t Au including 6.00m @ 8.47g/t Au; and 25.40m @ 1.39g/t Au including 1.90m @ 10.30g/t Au ▪ Assay results received for 8 infill drillholes at Ternera Deposit, El Zorro; ZDDH00092, ZDDH00093, ZDDH00094, ZDDH00096, ZDDH00097, ZDDH00098, ZDDH00099 and ZDDH00100. ▪ Consistent gold results further highlight Ternera’s potential with significant intercepts including: • ZDDH00092 ▪ ▪ • ZDDH00093 ▪ • 66.20m @ 0.53g/t Au from 90.80m including: 15.00m @ 1.36g/t Au from 96.00m. ZDDH000100 ▪ ▪ 1 50.00m @ 1.73g/t Au from 74.00m including: 6.00m @ 8.47g/t Au from 97.00m. ZDDH00099 ▪ ▪ • 48.00m @ 0.67g/t Au from 298.00m including: 4.00m @ 6.45g/t Au from 319.00m. ZDDH00098 ▪ ▪ • 1.45m @ 15.94g/t Au from 25.60m. ZDDH00094 ▪ ▪ • 100.00m @ 0.48g/t Au from 282.00m including: 10.00m @ 1.43g/t Au from 282.00m. 25.40m @ 1.39g/t Au from 29.10m including: 1.90m @ 10.30g/t Au from 29.10m. ▪ All holes intercepted multiple zones of gold mineralisation providing continuity between holes, both along strike and down dip. ▪ Shallow mineralisation provides additional upside for Ternera, mineralisation continuous from surface to over 400m depth. ▪ ▪ ▪ ▪ Repeatability of gold zones rapidly expanding potential resource at Ternera. Drilling continues at El Zorro 24/7 to further define the Ternera Gold Deposit. In total, Tesoro has drilled 128 diamond drill holes at El Zorro for 39,579m’s. Assays remain outstanding for 28 holes. +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 29 March 2021 Tesoro Resources Limited (Tesoro or the Company) (ASX:TSO) is pleased to announce further positive assay results from the Ternera Deposit at the Company’s El Zorro Gold Project (El Zorro) in Chile. Assays have been received for 8 infill drillholes at Ternera, with all holes returning positive gold results. Several shallow (<100m depth) gold intercepts were returned, validating the continuity of gold mineralisation from surface to now over 400m depth at Ternera. Significant intercepts are presented in Table 1. All significant intercepts from El Zorro are presented at Appendix 1 of this announcement. Tesoro Managing Director, Zeff Reeves commented: “Results continue to add to a potential resource at Ternera. It is encouraging to confirm zones of shallow mineralisation which correlate well with surface sampling and the down dip drilling we have completed. The scale and continuity of the Ternera mineralisation is impressive, is well defined from surface to over 400m depth and has a strike extent of over 1km and growing. These results have also identified additional high priority mineralised zones, particularly to the south of the deposit which have the potential to add additional ounces to Ternera. Every hole we are drilling is adding to what we hope to be a significant gold resource at Ternera”. Commentary Hole ZDDH00092 was drilled to test between previously drilled holes ZDDH00084 and ZDDH00090, testing gold mineralisation associated with a north-south master fault. The hole confirms the continuity of mineralisation between holes and that mineralisation remains open down dip to the east-northeast. Holes ZDDH00096, ZDDH00098 and ZDDH00100 were drilled to extend up dip mineralisation associated with the El Zorro Tonalite (EZT). All holes returned positive shallow intercepts and hole ZDDH00096 further extended the Ternera mineralised envelop approximately 50m to the westsouthwest. This mineralised zone is continuous from surface to over 400m depth to the eastnortheast. Mineralisation remains open in all directions. Holes ZDDH00093, ZDDH00094 and ZDDH00099 were infill holes targeting the southern sector of Ternera. All hole returned significant intercepts associated with an expanding zone of the EZT to the south, which maybe a large new zone of gold mineralisation to the south of the deposit. Mineralisation remains open and further drill testing is underway in this area. Hole ZDDH00097 was drilled to test continuity of high-grade vein hosted mineralisation on the southern margin of Ternera. Results confirm the continuity of the vein system, with mineralisation remaining open in all directions and requiring further drilling to adequately delineate this gold zone. 2 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 29 March 2021 Hole_ID From (m) To (m) Interval Au (g/t) Comments ZDDH0092 45.00 46.00 1.00 2.24 ZDDH0092 86.00 87.00 1.00 10.88 ZDDH0092 121.00 123.94 2.94 1.11 ZDDH0092 282.00 382.00 100.00 0.48 ZDDH0092 282.00 292.00 10.00 1.43 including ZDDH0092 305.00 326.00 21.00 0.58 including ZDDH0092 311.00 319.00 8.00 1.08 including ZDDH0092 331.00 332.00 1.00 1.12 including ZDDH0092 369.00 371.00 2.00 2.31 including ZDDH0092 378.00 379.00 1.00 1.25 including ZDDH0093 25.60 27.05 1.45 15.94 ZDDH0093 116.00 117.00 1.00 1.85 ZDDH0093 132.00 150.00 18.00 0.51 ZDDH0093 136.00 142.00 6.00 1.16 including ZDDH0093 165.00 175.00 10.00 0.74 ZDDH0093 170.00 173.00 3.00 1.86 including ZDDH0093 190.47 194.18 3.71 0.79 ZDDH0093 268.00 270.00 2.00 1.10 ZDDH0093 279.00 304.00 25.00 0.77 ZDDH0093 279.00 281.00 2.00 1.40 including ZDDH0093 290.00 304.00 14.00 1.08 including ZDDH0093 298.00 304.00 6.00 2.24 including ZDDH0094 37.00 40.00 3.00 2.41 ZDDH0094 83.49 105.00 21.51 0.71 ZDDH0094 86.30 91.00 4.70 1.02 ZDDH0094 100.00 105.00 5.00 1.64 ZDDH0094 298.00 346.00 48.00 0.67 ZDDH0094 298.00 299.00 1.00 1.54 including ZDDH0094 319.00 323.00 4.00 6.45 including ZDDH0094 343.00 344.00 1.00 1.03 including ZDDH0094 375.00 375.50 0.50 1.51 ZDDH0096 29.00 47.00 18.00 0.46 ZDDH0096 39.00 46.00 7.00 0.79 including ZDDH0096 112.00 113.50 1.50 0.98 Hole_ID From (m) To (m) Interval Au (g/t) Comments ZDDH0096 155.00 157.50 2.50 0.83 ZDDH0096 185.00 187.00 2.00 1.59 ZDDH0096 190.00 191.00 1.00 1.41 ZDDH0096 261.00 267.00 6.00 0.64 ZDDH0096 261.00 262.00 1.00 2.21 including ZDDH0097 9.00 10.00 1.00 2.95 ZDDH0097 89.00 90.00 1.00 2.15 ZDDH0098 1.20 3.00 1.80 1.25 ZDDH0098 74.00 124.00 50.00 1.73 ZDDH0098 74.00 76.00 2.00 13.95 including ZDDH0098 97.00 103.00 6.00 8.47 including ZDDH0098 166.00 203.00 37.00 0.62 ZDDH0098 168.15 172.82 4.67 1.88 including ZDDH0098 190.00 203.00 13.00 0.98 including ZDDH0098 199.00 203.00 4.00 2.40 including ZDDH0099 10.00 11.00 1.00 3.57 ZDDH0099 90.80 157.00 66.20 0.53 ZDDH0099 96.00 111.00 15.00 1.36 ZDDH0099 138.00 139.00 1.00 1.13 ZDDH0099 148.00 148.80 0.80 3.43 ZDDH0099 178.00 178.90 0.90 6.53 ZDDH0099 251.00 252.00 1.00 1.11 ZDDH0099 319.40 328.00 8.60 0.58 ZDDH0099 319.40 322.00 2.60 1.32 ZDDH0099 342.00 343.00 1.00 1.13 ZDDH0100 8.00 9.00 1.00 1.08 ZDDH0100 21.00 56.00 35.00 1.07 ZDDH0100 29.10 54.50 25.40 1.39 including ZDDH0100 29.10 31.00 1.90 10.30 including ZDDH0100 105.00 106.00 1.00 5.86 ZDDH0100 144.50 157.00 12.50 0.75 ZDDH0100 147.00 148.00 1.00 4.99 including ZDDH0100 155.00 157.00 2.00 1.51 including ZDDH0100 193.00 194.00 1.00 1.45 Table 1 – Significant drill results for holes ZDDH00092, ZDDH00093, ZDDH00094, ZDDH00096, ZDDH00097, ZDDH00098, ZDDH00099 and ZDDH00100., results are uncut, no top cut has been applied. A table of significant intercepts for previously reported holes is presented in Appendix 1 3 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 29 March 2021 Figure 1 – Ternera Drilling – collar locations on geology with selected significant intercepts. Results reported in this announcement in gold highlight. PSAD56/19S datum. Authorised by the Board of Tesoro Resources Limited. 4 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 29 March 2021 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 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. 5 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 29 March 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 6 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 102.00 104.00 ZDDH0013 136.00 137.30 ZDDH0013 165.00 173.60 ZDDH0013 170.40 173.00 ZDDH0014 15.30 70.60 ZDDH0014 15.30 34.00 ZDDH0014 15.30 26.30 ZDDH0014 23.00 26.30 ZDDH0014 64.60 70.60 ZDDH0014 64.60 67.35 ZDDH0014 112.00 122.50 ZDDH0014 115.00 117.00 ZDDH0014 177.20 179.00 ZDDH0015 37.90 39.70 ZDDH0015 91.90 132.70 ZDDH0015 91.90 94.60 ZDDH0015 112.00 116.00 ZDDH0015 240.60 242.00 ZDDH0015 265.90 269.00 ZDDH0016 125.00 131.72 ZDDH0016 152.00 204.60 ZDDH0016 188.10 194.00 ZDDH0016 188.58 188.90 ZDDH0016 203.60 204.60 ZDDH0016 281.00 290.00 ZDDH0016 287.50 290.00 Interval 2.00 25.45 5.00 0.50 5.00 2.00 1.00 1.00 84.30 29.00 3.95 11.00 4.00 6.00 10.00 98.30 30.30 15.60 0.70 9.00 5.00 9.80 58.80 20.30 6.70 2.40 4.40 2.40 5.60 2.80 0.40 3.00 5.30 4.80 1.25 23.70 5.20 14.10 7.35 2.00 1.30 8.60 2.60 55.30 18.70 11.00 3.30 6.00 2.75 10.50 2.00 1.80 1.80 40.80 2.70 4.00 1.40 3.10 6.72 52.60 5.90 0.32 1.00 9.00 2.50 Au (g/t) Comments 1.39 0.51 1.09 including 2.19 0.59 2.47 1.16 1.04 1.30 2.95 including 4.97 including 4.70 including 8.50 including 1.11 including 1.07 including 1.58 3.03 including 3.87 including 21.70 including 5.07 including 4.13 including 2.28 including 1.70 4.50 including 12.21 including 33.35 including 2.00 including 2.82 including 0.95 1.42 including 2.29 0.83 0.41 0.72 2.14 including 0.85 1.24 including 1.08 including 1.65 including 0.79 4.97 1.60 2.80 including 1.01 2.19 including 3.40 including 6.18 including 2.03 including 5.00 including 0.52 1.75 including 2.37 1.11 0.37 1.64 including 1.13 including 8.46 0.64 1.47 0.62 3.30 including 31.30 including 3.00 including 0.36 0.77 including +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 29 March 2021 Hole_ID ZDDH0017 ZDDH0017 ZDDH0017 ZDDH0017 ZDDH0017 ZDDH0017 ZDDH0017 ZDDH0017 ZDDH0017 ZDDH0017 ZDDH0017 ZDDH0018 ZDDH0018 ZDDH0018 ZDDH0018 ZDDH0019 ZDDH0019 ZDDH0019 ZDDH0020 ZDDH0021 ZDDH0021 ZDDH0021 ZDDH0021 ZDDH0021 ZDDH0021 ZDDH0021 ZDDH0022 ZDDH0022 ZDDH0022 ZDDH0022 ZDDH0022 ZDDH0023 ZDDH0023 ZDDH0023 ZDDH0023 ZDDH0024 ZDDH0024 ZDDH0024 ZDDH0024 ZDDH0024 ZDDH0024 ZDDH0024 ZDDH0024 ZDDH0024 ZDDH0024 ZDDH0025 ZDDH0025 ZDDH0025 ZDDH0025 ZDDH0025 ZDDH0025 ZDDH0025 ZDDH0025 ZDDH0026 ZDDH0026 ZDDH0026 ZDDH0026 ZDDH0027 ZDDH0027 ZDDH0027 ZDDH0027 7 From (m) 44.00 44.00 44.00 70.00 103.46 167.55 182.70 183.22 190.00 197.00 200.00 187.27 187.27 197.00 189.00 21.00 36.00 74.00 87.30 100.92 107.50 100.92 189.25 189.25 189.25 193.90 30.00 78.00 94.40 105.00 105.00 146.70 146.70 273.00 276.00 6.00 41.00 41.00 44.10 54.50 56.50 66.00 155.00 162.20 161.80 49.00 73.10 75.00 104.00 110.00 148.00 148.00 155.20 92.00 105.40 233.00 240.00 176.00 176.00 176.00 176.00 To (m) 74.00 60.10 47.00 74.00 105.60 254.00 233.20 206.22 205.00 202.30 202.30 222.00 211.00 199.70 204.00 89.52 45.00 79.00 87.60 116.50 112.00 101.70 208.50 201.30 195.40 195.40 31.00 119.17 95.45 119.17 110.32 151.00 149.00 277.00 277.00 9.00 78.00 45.50 45.50 57.00 69.50 69.50 169.00 163.50 167.00 170.55 84.00 82.00 118.00 113.60 160.27 170.55 159.90 110.00 110.00 242.00 242.00 206.50 202.00 188.00 182.00 Interval 30.00 16.10 3.00 4.00 2.14 86.45 50.50 23.00 15.00 5.30 2.30 34.73 23.73 2.70 15.00 68.52 9.00 5.00 0.30 15.58 4.50 0.78 19.25 12.05 6.15 1.50 1.00 41.17 1.05 14.17 5.32 4.30 2.30 4.00 1.00 3.00 37.00 4.50 1.40 2.50 13.00 3.50 14.00 1.30 5.20 121.55 10.90 7.00 14.00 3.60 12.27 22.55 4.70 18.00 4.60 9.00 2.00 30.50 26.00 12.00 6.00 Au (g/t) 0.94 1.05 4.27 4.26 1.76 2.29 3.63 7.20 10.82 25.31 46.41 2.94 4.09 22.21 5.99 0.47 1.34 1.23 3.33 0.95 1.24 8.44 2.86 4.25 7.37 20.82 3.16 1.38 2.98 3.25 6.54 7.25 13.30 1.06 3.32 1.63 0.86 2.12 5.93 1.87 1.12 2.53 3.06 19.72 6.97 1.32 4.57 6.14 1.63 4.97 4.98 2.98 10.69 1.36 4.99 1.85 7.31 0.40 0.44 0.64 1.21 Comments including including including including including including including including including including including including including including including including open downhole 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 ZDDH0028 ZDDH0028 ZDDH0028 ZDDH0028 ZDDH0028 ZDDH0029 ZDDH0029 ZDDH0029 ZDDH0029 ZDDH0029 ZDDH0029 ZDDH0029 ZDDH0029 ZDDH0029 ZDDH0029 ZDDH0029 ZDDH0030 ZDDH0030 ZDDH0030 ZDDH0030 ZDDH0030 ZDDH0030 ZDDH0030 ZDDH0030 ZDDH0030 ZDDH0030 ZDDH0030 ZDDH0030 ZDDH0031 ZDDH0031 ZDDH0031 ZDDH0031 ZDDH0031 ZDDH0031 ZDDH0031 ZDDH0031 ZDDH0031 ZDDH0031 ZDDH0031 ZDDH0031 ZDDH0031 ZDDH0031 ZDDH0031 ZDDH0031 ZDDH0032 ZDDH0032 ZDDH0032 ZDDH0032 ZDDH0032 ZDDH0032 ZDDH0032 ZDDH0032 ZDDH0032 ZDDH0032 ZDDH0032 ZDDH0032 ZDDH0033 ZDDH0033 ZDDH0033 ZDDH0033 ZDDH0033 ZDDH0033 From (m) 14.00 21.00 25.00 42.00 43.90 29.50 29.50 29.50 43.00 56.64 72.00 91.00 121.00 121.00 166.30 180.00 5.20 50.00 66.00 66.00 66.00 70.00 101.00 117.00 117.00 165.00 195.40 202.95 72.00 72.00 72.00 100.00 100.00 118.30 146.40 171.60 193.30 193.30 193.30 204.34 204.34 228.00 248.00 291.00 3.20 17.30 43.50 75.00 128.00 128.00 132.63 157.00 171.00 178.30 178.30 191.00 40.00 57.00 59.00 100.00 134.70 143.00 To (m) 14.75 28.00 25.90 49.00 45.00 243.00 93.00 31.20 48.00 61.84 80.00 93.00 130.70 122.00 195.00 195.00 6.40 76.00 76.00 71.10 67.00 71.10 102.50 120.00 119.13 167.00 199.00 203.90 303.00 126.00 75.60 104.44 125.00 125.00 154.00 173.00 217.60 208.00 197.00 217.60 208.00 229.00 263.90 295.00 6.00 18.30 44.00 76.00 204.00 140.00 135.00 162.00 174.80 197.00 179.40 197.00 68.00 67.00 63.00 104.00 137.00 144.00 Interval 0.75 7.00 0.90 7.00 1.10 213.50 63.50 1.70 5.00 5.20 8.00 2.00 9.70 1.00 28.70 15.00 1.20 26.00 10.00 5.10 1.00 1.10 1.50 3.00 2.13 2.00 3.60 0.95 231.00 54.00 3.60 4.44 25.00 6.70 7.60 1.40 24.30 14.70 3.70 13.26 3.66 1.00 15.90 4.00 2.80 1.00 0.50 1.00 76.00 12.00 2.37 5.00 3.80 18.70 1.10 6.00 28.00 10.00 4.00 4.00 2.30 1.00 Au (g/t) 3.23 0.85 5.03 0.61 1.10 0.73 1.81 1.20 2.76 3.36 1.24 33.00 0.53 3.20 0.82 1.33 0.74 0.69 1.54 2.64 6.89 5.73 1.13 3.23 4.15 4.05 1.41 5.12 0.83 1.69 1.27 1.04 3.36 11.57 0.79 1.40 2.43 3.77 4.16 3.25 10.76 2.17 1.04 1.00 1.23 7.09 5.70 5.02 0.93 1.39 4.30 2.41 1.92 1.57 5.15 2.58 1.22 3.17 5.96 1.51 1.27 1.45 Comments including including including including including including including including including including including including including including including open downhole open downhole including including including including including including including including including including including including including including including including including including including including including including including +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 29 March 2021 Hole_ID ZDDH0034 ZDDH0034 ZDDH0034 ZDDH0034 ZDDH0034 ZDDH0034 ZDDH0034 ZDDH0034 ZDDH0034 ZDDH0034 ZDDH0034 ZDDH0034 ZDDH0035 ZDDH0035 ZDDH0035 ZDDH0035 ZDDH0035 ZDDH0035 ZDDH0035 ZDDH0035 ZDDH0035 ZDDH0035 ZDDH0035 ZDDH0035 ZDDH0036 ZDDH0036 ZDDH0036 ZDDH0036 ZDDH0036 ZDDH0036 ZDDH0036 ZDDH0037 ZDDH0037 ZDDH0037 ZDDH0037 ZDDH0037 ZDDH0037 ZDDH0037 ZDDH0037 ZDDH0037 ZDDH0038 ZDDH0038 ZDDH0038 ZDDH0038 ZDDH0038 ZDDH0038 ZDDH0038 ZDDH0038 ZDDH0038 ZDDH0038 ZDDH0039 ZDDH0039 ZDDH0039 ZDDH0039 ZDDH0039 ZDDH0039 ZDDH0039 ZDDH0039 ZDDH0040 ZDDH0040 ZDDH0040 ZDDH0040 ZDDH0040 ZDDH0040 ZDDH0040 ZDDH0040 ZDDH0040 ZDDH0041 ZDDH0041 ZDDH0041 ZDDH0041 ZDDH0041 8 From (m) 17.00 23.00 27.00 62.22 87.00 89.00 105.40 116.00 172.00 180.40 193.00 202.00 67.00 81.10 89.00 84.00 144.00 153.00 162.00 199.00 192.00 224.00 224.00 277.00 74.00 74.00 88.30 104.00 114.00 165.00 215.00 42.00 42.00 56.00 56.00 62.00 149.00 149.00 162.00 162.00 23.00 74.20 74.20 92.00 105.00 148.00 178.00 185.00 200.00 202.00 2.50 78.70 188.00 212.00 212.00 226.00 237.00 268.00 136.00 136.00 136.00 142.00 160.00 161.00 182.00 195.00 288.00 2.00 6.00 23.50 23.50 29.00 To (m) 28.00 24.00 28.00 63.34 92.84 91.00 106.00 117.00 173.00 181.50 194.00 203.00 68.00 110.34 94.00 106.00 155.00 155.00 164.00 200.00 238.00 238.00 233.00 278.00 125.00 96.00 96.00 105.00 115.00 166.00 216.00 65.00 42.68 65.00 57.00 64.00 172.00 154.00 172.00 168.00 24.00 113.00 77.00 93.00 106.00 152.00 186.00 186.00 208.10 204.00 5.60 81.00 252.50 232.00 218.00 227.00 238.00 269.00 197.00 152.00 146.00 146.00 164.00 162.00 188.00 197.00 291.00 12.00 8.00 52.00 32.00 32.00 Interval 11.00 1.00 1.00 1.12 5.84 2.00 0.60 1.00 1.00 1.10 1.00 1.00 1.00 29.24 5.00 22.00 11.00 2.00 2.00 1.00 46.00 14.00 9.00 1.00 51.00 22.00 7.70 1.00 1.00 1.00 1.00 23.00 0.68 9.00 1.00 2.00 23.00 5.00 10.00 6.00 1.00 38.80 2.80 1.00 1.00 4.00 8.00 1.00 8.10 2.00 3.10 2.30 64.50 20.00 6.00 1.00 1.00 1.00 61.00 16.00 10.00 4.00 4.00 1.00 6.00 2.00 3.00 10.00 2.00 28.50 8.50 3.00 Au (g/t) 0.79 4.59 1.77 2.85 1.12 2.45 1.15 1.17 1.68 6.58 2.73 2.12 2.67 1.05 4.11 1.34 1.15 4.41 1.03 1.76 0.72 1.86 2.59 1.63 1.07 2.16 5.04 2.33 2.84 1.11 1.60 0.40 1.55 0.70 2.47 1.32 0.82 1.47 0.92 1.04 3.12 0.49 2.06 4.39 2.11 1.17 0.50 2.48 1.12 3.72 0.39 1.43 0.47 0.84 1.49 3.86 2.30 1.62 0.75 1.96 2.61 5.34 0.95 2.84 0.72 2.75 1.24 0.55 1.33 0.38 0.48 0.99 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 Hole_ID ZDDH0041 ZDDH0041 ZDDH0041 ZDDH0041 ZDDH0041 ZDDH0042 ZDDH0042 ZDDH0043 ZDDH0043 ZDDH0043 ZDDH0043 ZDDH0043 ZDDH0043 ZDDH0043 ZDDH0044 ZDDH0044 ZDDH0045 ZDDH0045 ZDDH0045 ZDDH0045 ZDDH0045 ZDDH0045 ZDDH0045 ZDDH0046 ZDDH0046 ZDDH0046 ZDDH0046 ZDDH0046 ZDDH0046 ZDDH0047 ZDDH0047 ZDDH0047 ZDDH0047 ZDDH0047 ZDDH0047 ZDDH0047 ZDDH0047 ZDDH0047 ZDDH0048 ZDDH0048 ZDDH0048 ZDDH0048 ZDDH0049 ZDDH0049 ZDDH0049 ZDDH0049 ZDDH0049 ZDDH0049 ZDDH0049 ZDDH0049 ZDDH0049 ZDDH0049 ZDDH0049 ZDDH0049 ZDDH0049 ZDDH0049 ZDDH0049 ZDDH0050 ZDDH0050 ZDDH0050 ZDDH0050 ZDDH0050 ZDDH0050 ZDDH0050 ZDDH0050 ZDDH0050 From (m) 40.00 106.20 127.50 140.00 141.65 112.00 126.00 5.30 5.30 9.50 80.00 81.00 103.00 241.00 104.00 104.00 23.00 36.00 36.00 97.00 196.30 197.00 196.30 17.60 26.00 28.00 180.00 223.00 248.60 30.00 35.00 74.00 97.00 97.00 97.00 130.00 210.00 288.00 45.00 53.50 47.00 80.00 124.00 124.00 154.00 124.00 124.00 159.00 159.00 177.00 213.00 215.00 227.00 231.00 245.00 285.00 290.00 6.00 7.00 92.00 157.00 183.00 192.00 202.00 205.00 220.00 To (m) 46.00 108.00 128.00 145.00 143.50 127.00 127.00 56.00 22.50 13.00 105.00 85.00 105.00 242.00 107.00 105.00 50.00 46.20 40.00 98.00 203.00 198.50 199.00 39.00 31.00 31.00 181.00 224.00 250.00 134.50 36.00 75.00 134.80 109.00 99.00 134.80 211.00 289.00 90.00 54.50 55.00 83.00 235.50 182.00 181.50 141.00 125.00 172.00 165.00 182.00 235.50 218.00 235.50 235.50 246.00 286.00 291.00 16.00 8.00 93.00 222.00 185.00 193.00 209.00 207.50 221.00 Interval 6.00 1.80 0.50 5.00 1.85 15.00 1.00 50.70 17.20 3.50 25.00 4.00 2.00 1.00 3.00 1.00 27.00 10.20 4.00 1.00 6.70 1.50 2.70 21.40 5.00 3.00 1.00 1.00 1.40 104.50 1.00 1.00 37.80 12.00 2.00 4.80 1.00 1.00 45.00 1.00 8.00 3.00 111.50 58.00 27.50 17.00 1.00 13.00 6.00 5.00 22.50 3.00 8.50 4.50 1.00 1.00 1.00 10.00 1.00 1.00 65.00 2.00 1.00 7.00 2.50 1.00 Au (g/t) 0.61 3.49 29.90 5.91 15.22 0.68 5.64 0.45 0.94 3.44 0.41 0.87 1.60 1.02 0.92 2.25 0.59 1.07 1.80 1.91 1.10 3.21 2.70 1.17 3.75 5.71 1.11 1.45 1.35 0.56 2.98 2.03 1.23 2.68 11.00 2.71 1.78 1.19 0.54 3.15 1.02 4.18 1.25 2.04 3.57 1.11 10.25 5.32 4.17 5.14 0.89 1.39 1.81 3.07 1.66 3.81 1.12 1.56 10.65 2.55 0.84 2.02 2.35 5.84 15.92 1.27 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 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 29 March 2021 Hole_ID ZDDH0051 ZDDH0051 ZDDH0051 ZDDH0051 ZDDH0051 ZDDH0051 ZDDH0051 ZDDH0051 ZDDH0051 ZDDH0051 ZDDH0051 ZDDH0052 ZDDH0052 ZDDH0052 ZDDH0052 ZDDH0052 ZDDH0052 ZDDH0053 ZDDH0053 ZDDH0053 ZDDH0053 ZDDH0053 ZDDH0053 ZDDH0053 ZDDH0053 ZDDH0053 ZDDH0053 ZDDH0053 ZDDH0053 ZDDH0053 ZDDH0053 ZDDH0054 ZDDH0054 ZDDH0054 ZDDH0054 ZDDH0054 ZDDH0054 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0055 ZDDH0056 ZDDH0056 ZDDH0057 ZDDH0057 ZDDH0057 ZDDH0057 ZDDH0057 ZDDH0057 ZDDH0057 ZDDH0057 ZDDH0057 ZDDH0057 9 From (m) 249.00 251.00 251.00 258.00 260.00 264.00 303.00 317.00 317.00 328.00 345.00 10.00 25.00 25.50 64.00 154.00 177.00 7.70 15.00 36.00 64.00 64.00 66.00 64.00 134.50 146.00 188.00 240.00 274.00 274.00 280.00 91.00 104.00 118.50 252.00 280.00 336.00 20.00 21.00 48.00 48.00 48.00 77.00 105.00 168.00 200.00 200.00 200.00 207.00 217.00 223.00 282.00 282.00 302.00 319.00 325.00 232.00 236.00 22.00 22.00 22.00 216.00 225.00 274.00 279.00 279.00 283.00 318.00 To (m) 347.00 282.00 265.00 264.00 261.00 265.00 320.00 318.00 332.50 347.00 346.00 11.00 67.00 26.50 68.00 157.00 178.00 87.00 16.00 37.00 87.00 71.00 69.00 80.50 136.86 147.00 191.00 241.00 281.00 275.00 281.00 110.00 108.00 119.20 253.00 281.00 337.00 241.20 22.00 122.00 88.50 60.12 80.00 109.00 169.00 241.20 233.00 201.00 208.00 231.00 231.00 326.00 283.00 308.00 320.00 326.00 236.70 236.70 44.00 23.00 30.00 233.00 228.00 351.00 321.00 311.00 298.00 321.00 Interval 98.00 31.00 14.00 6.00 1.00 1.00 17.00 1.00 15.50 19.00 1.00 1.00 42.00 1.00 4.00 3.00 1.00 79.30 1.00 1.00 23.00 7.00 3.00 16.50 2.36 1.00 3.00 1.00 7.00 1.00 1.00 19.00 4.00 0.70 1.00 1.00 1.00 221.20 1.00 74.00 40.50 12.12 3.00 4.00 1.00 41.20 33.00 1.00 1.00 14.00 8.00 44.00 1.00 6.00 1.00 1.00 4.70 0.70 22.00 1.00 8.00 17.00 3.00 77.00 42.00 32.00 15.00 3.00 Au (g/t) 0.95 1.55 2.71 4.86 27.60 9.85 1.03 5.99 1.19 1.25 8.25 1.35 0.44 2.25 2.37 3.27 1.51 0.72 1.20 1.12 2.04 4.47 7.89 2.50 1.13 1.87 0.58 1.09 0.77 3.65 1.11 0.46 1.48 1.72 1.23 8.75 1.23 0.62 3.19 1.05 1.51 4.83 16.88 3.04 2.00 1.13 1.36 2.83 6.51 2.03 2.64 0.48 3.91 1.97 1.51 3.77 0.70 3.09 1.03 10.20 1.61 0.55 1.93 1.13 1.97 2.32 3.25 2.75 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 Hole_ID ZDDH0058 ZDDH0058 ZDDH0058 ZDDH0058 ZDDH0059 ZDDH0059 ZDDH0059 ZDDH0059 ZDDH0059 ZDDH0059 ZDDH0059 ZDDH0059 ZDDH0059 ZDDH0060 ZDDH0060 ZDDH0060 ZDDH0061 ZDDH0061 ZDDH0062 ZDDH0062 ZDDH0062 ZDDH0062 ZDDH0062 ZDDH0062 ZDDH0062 ZDDH0062 ZDDH0062 ZDDH0062 ZDDH0062 ZDDH0062 ZDDH0062 ZDDH0062 ZDDH0062 ZDDH0063 ZDDH0063 ZDDH0063 ZDDH0063 ZDDH0063 ZDDH0063 ZDDH0063 ZDDH0063 ZDDH0063 ZDDH0064 ZDDH0064 ZDDH0064 ZDDH0064 ZDDH0064 ZDDH0064 ZDDH0065 ZDDH0065 ZDDH0065 ZDDH0066 ZDDH0066 ZDDH0066 ZDDH0066 ZDDH0066 ZDDH0066 ZDDH006

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