Announcement PDF ASX ANNOUNCEMENT 27 AUGUST 2021 ASX: TSO | ACN 106 854 175 Tesoro receives strong gold results outside Mineral Resource area at Ternera 76.15m @ 1.15g/t Au including 8.00m @ 3.56g/t Au 19.00m @ 2.58g/t Au including 4.00m @ 10.63g/t Au 130.00m @ 0.65g/t including 7.40m @ 7.68g/t Au ▪ Tesoro receives assay results for seven diamond drill holes from the Ternera Gold Deposit as part of extensional and infill drilling aiming to grow the 660,000oz maiden gold resource. ▪ All holes intercepted gold mineralisation with confirmation of thick, near-surface extensions north and south of the Ternera Deposit. ▪ Intercepts include: • ZDDH0171 ▪ • ZDDH0172 ▪ 4.00m @ 1.45g/t Au from 70.00m; and ▪ 11.50m @ 0.49g/t Au from 63.00m. • ZDDH0173 ▪ 76.15m @ 1.16g/t Au from 219.85m including; • 11.30m @ 2.60g/t Au from 265.00m; and • 8.00m @ 3.56g/t Au from 265.00m. ZDDH0174 ▪ 9.00m @ 1.19g/t Au from 40.00m; and ▪ 1.40m @ 24.92g/t Au from 75.00m. • ▪ 1 14.50m @ 0.72g/t Au from 63.00m including; • 1.00m @ 5.34g/t Au from 64.00m; and • 1.00m @ 5.70g/t Au from 247.00m. • ZDDH0175 ▪ 18.10m @ 1.52g/t Au from 71.90m including; • 3.00m @ 3.27 g/t Au from 75.00m; and • 11.00m @ 0.58g/t Au from 162.00m. • ZDDH0176 ▪ 19.00m @ 2.58g/t Au from 27.00m including; • 4.00m @ 10.63g/t Au from 27.00m; and • 5.00m @ 1.62g/t Au from 132.00m. • ZDDH0177 ▪ 130.00 @ 0.65g/t Au from 104.00m including; • 2.00m @ 5.69g/t Au from 110.00m; and • 7.40m @ 7.68g/t Au from 138.60m. Results highlight extensions north and south of Ternera, which remains open in all directions. +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 27 August 2021 ▪ Infill and extensional drilling at Ternera and extensional drilling at Ternera East and Drone Hill continues. ▪ ▪ Six rigs drilling 24/7, assays remain outstanding for 47 diamond drill holes. Tesoro expects to complete a further 15,000m of drilling to update the Tenera Mineral Resource by Q4 2021 Tesoro Resources Limited (Tesoro or the Company) (ASX:TSO) is pleased to announce latest assay results from the Ternera Gold Deposit, located at the Company’s El Zorro Gold Project (El Zorro) in Chile, which add further potential to grow the existing Ternera Mineral Resource of 660,000oz (ASX announcement 28 July 2021). Tesoro received assays for seven diamond drill holes completed as part of infill and extensional drilling at the Ternera Gold Deposit. All holes intercepted gold mineralisation with wide gold zones intercepted outside of the existing Mineral Resource model, with results presented in Table 1. Tesoro Managing Director Zeff Reeves commented: “Ternera is consistently producing high quality drill results from outside the existing Mineral Resource model which contains 660,000oz gold. We are particularly encouraged by the results from the north and south of the deposit, showing the mineralised system at Ternera continues in both directions and provides significant potential for rapid resource expansion.” EXTENSIONAL DRILLING Tesoro drilled holes ZDDH0171 and ZDDH0174 in the southern margin of the Ternera Deposit. Results have defined additional gold zones outside the existing Mineral Resource model in the south of the deposit. The southern margin of Ternera remains open and further drilling is planned to rapidly delineate further resources in this area. Holes ZDDH0175 and ZDDH0177 were drilled on the northern margin of Ternera and have successfully located wide gold zones extending to the north. The Ternera Deposit remains open to the north with these holes significantly enhancing the potential of further extensions to the north. INFILL DRILLING Infill holes ZDDH0172, ZDDH0173 and ZDDH0176 all returned positive drill intercepts through areas outside of the existing Mineral Resource model. All these holes confirm continuity of gold mineralisation within the north–south fault zones. Hole ZDDH0176 is particularly encouraging as it confirms continuity of a new gold zone west of Ternera, which has now been drilled along approximately 700m of strike and is outside of the existing Mineral Resource model. NEXT STEPS Infill and extensional drilling at Ternera and extensional drilling at Ternera East and Drone Hill is continuing, with six rigs drilling 24/7. Tesoro is awaiting results from 47 diamond drill holes already completed as part of this program and will report these results as they become available. Tesoro aims to complete an additional 15,000m of drilling in the current phase of drilling, with a Mineral Resource update expected for Ternera during Q4 CY2021. 2 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 27 August 2021 Figure 1: Ternera Drill Section +60m looking northwest. Hole ZDDH0176 showing strong gold mineralisation along the western margin of Ternera and outside of existing Mineral Resource model. Figure 2: Ternera Drill Section +180m looking northwest. Hole ZDDH0177 highlighting a significant gold zone and extension to the north of Ternea outside of the existing Mineral Resource model 3 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 27 August 2021 Figure 3: Ternera Drilling - Collar locations on geology and significant intercepts for holes reported in this announcement. Section lines shown in dashed yellow lines. PSAD56/19S datum. 4 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 27 August 2021 Hole_ID From (m) To (m) Interval Au (g/t) Comments 0.36 105.00 46.00 ZDDH0171 59.00 including 0.72 77.50 14.50 ZDDH0171 63.00 5.34 65.00 1.00 ZDDH0171 64.00 1.48 74.00 1.00 ZDDH0171 73.00 1.21 84.00 0.93 ZDDH0171 83.07 5.70 248.00 1.00 ZDDH0171 247.00 1.45 74.00 4.00 ZDDH0172 70.00 including 3.48 74.00 1.00 ZDDH0172 73.00 0.49 127.50 11.50 ZDDH0172 116.00 including 1.26 118.00 2.00 ZDDH0172 116.00 including 1.33 127.50 1.50 ZDDH0172 126.00 0.62 204.00 1.00 ZDDH0172 203.00 0.87 245.00 1.00 ZDDH0172 244.00 1.01 48.80 2.80 ZDDH0173 46.00 0.70 111.00 1.00 ZDDH0173 110.00 0.72 115.00 1.00 ZDDH0173 114.00 2.09 133.00 1.00 ZDDH0173 132.00 1.40 171.00 5.00 ZDDH0173 166.00 including 2.64 171.00 2.00 ZDDH0173 169.00 1.16 296.00 76.15 ZDDH0173 219.85 including 1.67 273.00 39.60 ZDDH0173 233.40 including 2.60 245.00 11.30 ZDDH0173 233.70 including 3.56 273.00 8.00 ZDDH0173 265.00 including 1.95 293.00 4.00 ZDDH0173 289.00 1.20 334.00 1.00 ZDDH0173 333.00 1.19 49.00 9.00 ZDDH0174 40.00 including 1.98 43.76 3.76 ZDDH0174 40.00 including 2.85 49.00 1.00 ZDDH0174 48.00 Hole_ID From (m) To (m) Interval Au (g/t) Comments 24.92 76.40 1.40 ZDDH0174 75.00 1.04 94.00 1.00 ZDDH0174 93.00 2.99 148.00 1.00 ZDDH0174 147.00 1.37 244.00 1.50 ZDDH0174 242.50 0.55 308.00 14.00 ZDDH0174 294.00 including 0.72 301.00 7.00 ZDDH0174 294.00 1.04 322.00 1.00 ZDDH0174 321.00 0.31 346.00 12.00 ZDDH0174 334.00 1.52 90.00 18.10 ZDDH0175 71.90 including 3.27 78.00 3.00 ZDDH0175 75.00 including 15.40 85.00 1.00 ZDDH0175 84.00 0.39 174.00 25.00 ZDDH0175 149.00 including 0.75 153.50 3.50 ZDDH0175 150.00 including 0.58 173.00 11.00 ZDDH0175 162.00 including 3.64 173.00 1.00 ZDDH0175 172.00 0.34 5.48 9.00 ZDDH0176 3.52 2.58 46.00 19.00 ZDDH0176 27.00 including 10.63 31.00 4.00 ZDDH0176 27.00 0.35 149.70 38.20 ZDDH0176 111.50 including 1.62 137.00 5.00 ZDDH0176 132.00 234.00 130.00 0.65 ZDDH0177 104.00 5.69 112.00 2.00 ZDDH0177 110.00 7.68 146.00 7.40 ZDDH0177 138.60 1.04 167.50 2.80 ZDDH0177 164.70 1.90 208.00 2.00 ZDDH0177 206.00 1.17 217.03 2.00 ZDDH0177 215.03 2.50 231.00 1.00 ZDDH0177 230.00 Table 1: Significant drill results for holes reported in this announcement, results are uncut, no top cut has been applied. A table of significant intercepts for previously reported holes is presented in Appendix 1. Figure 4: Ternera Drill Section +160m looking northwest. 5 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 27 August 2021 Figure 5: Ternera Drill Section-200m looking northwest. Figure 6: Ternera Drill Section +140m looking northwest. 6 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 27 August 2021 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 koz 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 Total Mt 25.1 19.4 15.4 12.5 10.1 6.9 Au g/t koz 0.82 0.96 1.09 1.22 1.35 1.62 Table 2: Maiden Mineral Resource Estimate announced 28 July 2021, reported at various cut-off gold grades. Authorised by the Board of Tesoro Resources Limited. For more information: Company: Zeff Reeves Managing Director Tesoro Resources Limited +61 8 9322 1587 7 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 661 597 539 488 439 357 ASX Announcement 27 August 2021 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. The Company confirms that it is not aware of any new information or data that materially affects the Mineral Resource information included in the original announcement on 28 July 2021 and all material assumptions and technical parameters underpinning the estimates in the original announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the applicable Competent Persons’ findings are presented have not been materially modified from the original announcement. 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. 8 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 27 August 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 9 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 27 August 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 10 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 27 August 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 11 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 27 August 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 12 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