Announcement PDF ASX ANNOUNCEMENT 26 APRIL 2022 ASX: TSO | ACN 106 854 175 19 Outstanding assays received for remaining drill holes Including 10.00m @ 3.49g/t Au within 47.00m @ 1.27g/t Au ▪ ▪ Results returned for the final five drill holes from current phase of drilling at El Zorro. ▪ Highlights include; All five holes returned significant intercepts of gold mineralisation and further expand and extend existing gold zones within the Ternera Gold Deposit. • ZDDH0295: ▪ 10.00m @ 3.49g/t Au from 154.00m; and ▪ 19.38m @ 2.77g/t Au from 154.00m; • Contained within 47.00m @ 1.27g/t Au from 153.00m. • ZDDH0293: ▪ 9.40m @ 2.68g/t Au from 155.60m; • Contained within 29.20m @ 1.24g/t Au from 137.00m; and ▪ 2.53m @ 3.27g/t Au from 267.00m; and ▪ 6.95m @ 1.06g/t Au from 398.85m. ▪ Tesoro has now received all assays from resource definition and extensional drilling for the recently completed >100,000m drilling campaign. ▪ The Company is currently calculating an updated Mineral Resource Estimate (MRE) for Ternera, which is scheduled for completion during May 2022. ▪ ▪ 23 holes have returned >100g/m intercepts. ▪ The Ternera Gold Deposit has been defined by drilling over 1.3km long, up to 750m wide and to over 500m deep, with gold mineralisation outcropping at surface. ▪ The Ternera Gold Deposit remains open in all directions with significant potential for further resource expansion. ▪ The exploration team continues surface mapping and sampling programs delineating district drill targets. Hole ZDDH0288 being a 486 g/m intercept with 63.93m @ 7.61g/t Au (refer ASX announcement 30 March 2022). Tesoro Resources Limited (Tesoro or the Company) (ASX:TSO, OTCQB:TSORF ) is pleased to announce final assay results from its 300 hole (100,235m) diamond drilling campaign at the Ternera Gold Deposit (Ternera) located at the Company’s El Zorro Gold Project (El Zorro) in Chile. Tesoro received assays for five diamond drill holes completed as part of extensional and infill drilling programs at El Zorro. 1 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 26 April 2022 Results returned demonstrate the consistency of gold mineralisation across Ternera, and further expand and extend existing gold zones. Significant intercepts are presented in Table 2. Tesoro Managing Director Zeff Reeves commented: “We are pleased to have received the final assays from the drilling campaign which was focussed on expanding the Ternera Gold Deposit at El Zorro. This will now allow us to model and calculate an updated MRE at Ternera, which we see as an important milestone for El Zorro and the Company. The consistency of drilling results from Ternera has been exceptional and we are keen to see this translated into an increase in gold resources at El Zorro following calculation of the updated MRE. Drilling has also highlighted significant extensions to Ternera which provides continued resource growth opportunities. We expect the updated MRE to be completed during May 2022.” Figure 1: Ternera Drilling - Collar locations on geology and significant intercepts for holes reported in this announcement. PSAD56/19S datum. 2 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 26 April 2022 Figure 2: Ternera Drill Section - 100m looking northwest Figure 3: Ternera Drill Section -20m looking northwest showing new zones of gold mineralisation outside of existing MRE. 3 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 26 April 2022 NEXT STEPS Tesoro continues surface mapping programs across El Zorro, with recent results (ASX announcement 19 April 2022) highlighting the district scale potential of El Zorro to host multiple gold deposits. Work has commenced on the modelling and calculation of an updated MRE which is targeted for completion during May 2022 and will utilise an additional 152 holes (54,732m) of drilling. The recently completed drilling program at Ternera has identified major extensions to the deposit which warrant further drilling and provide significant resource growth opportunities. In addition, the Company is currently delineating district gold targets for drilling. Total Holes Drilled Total Drill metres to April 2022 Total Holes used in July 2021 MRE Total Drill metres in July 2021 MRE Total number of holes greater than 10 g/m's Au Total number of holes greater than 50 g/m's Au Total number of holes greater than 100 g/m's au 300 100,235 148 45,503 213 70 23 Table 1: El Zorro Drilling summary highlighting the consistent gold intercepts from the project with 213 holes of 300 holes returning gold intercepts >10 g/m of Au. Hole_ID ZDDH0283 ZDDH0283 ZDDH0283 ZDDH0283 ZDDH0283 ZDDH0283 ZDDH0283 ZDDH0283 ZDDH0283 ZDDH0283 ZDDH0291 ZDDH0291 ZDDH0291 ZDDH0291 ZDDH0291 ZDDH0291 ZDDH0291 ZDDH0291 ZDDH0291 ZDDH0291 ZDDH0291 ZDDH0293 ZDDH0293 ZDDH0293 ZDDH0293 ZDDH0293 ZDDH0293 ZDDH0293 From (m) 74.76 74.76 213.00 231.19 231.19 250.00 257.00 267.00 296.58 325.50 153.00 246.00 289.00 313.00 335.00 335.00 354.51 381.00 400.96 439.00 440.49 137.00 155.60 222.00 267.00 398.00 398.85 451.00 To (m) 82.00 77.00 255.00 236.00 233.00 260.33 260.33 268.00 297.07 326.05 154.30 247.44 292.05 316.00 359.37 337.50 359.37 382.00 401.50 449.00 446.10 166.20 165.00 223.00 269.53 422.00 405.80 453.00 Interval 7.24 2.24 42.00 4.81 1.81 10.33 3.33 1.00 0.49 0.55 1.30 1.44 3.05 3.00 24.37 2.50 4.86 1.00 0.54 10.00 5.61 29.20 9.40 1.00 2.53 24.00 6.95 2.00 Au (g/t) 0.46 0.99 0.47 1.32 2.93 0.92 1.88 0.90 1.07 1.19 0.49 1.74 0.81 1.52 0.52 2.56 0.85 1.88 9.06 0.84 1.36 1.24 2.68 0.50 3.27 0.51 1.06 2.24 Comments including including including including including including including including including including Hole_ID ZDDH0295 ZDDH0295 ZDDH0295 ZDDH0295 ZDDH0295 ZDDH0295 ZDDH0295 ZDDH0295 ZDDH0295 ZDDH0295 ZDDH0295 ZDDH0295 ZDDH0295 ZDDH0295 ZDDH0295 ZDDH0296 ZDDH0296 ZDDH0296 ZDDH0296 ZDDH0296 ZDDH0296 ZDDH0296 ZDDH0296 ZDDH0296 ZDDH0296 ZDDH0296 ZDDH0296 ZDDH0296 ZDDH0296 From (m) 7.00 22.00 153.00 154.00 154.00 244.00 254.00 278.00 285.50 392.00 410.00 430.00 431.00 468.00 489.00 173.00 188.00 195.00 223.50 257.00 262.00 292.50 327.50 347.00 418.00 431.00 439.00 505.00 517.00 To (m) 8.00 22.85 200.00 173.38 164.00 263.00 260.00 279.00 286.65 393.00 411.00 449.50 438.00 469.30 491.00 174.00 196.37 196.37 224.00 274.00 266.00 298.10 329.14 348.00 421.00 441.00 441.00 506.00 519.00 Interval 1.00 0.85 47.00 19.38 10.00 19.00 6.00 1.00 1.15 1.00 1.00 19.50 7.00 1.30 2.00 1.00 8.37 1.37 0.50 17.00 4.00 5.60 1.64 1.00 3.00 10.00 2.00 1.00 2.00 Au (g/t) 0.71 4.80 1.27 2.77 3.49 1.97 4.90 1.40 1.82 1.24 1.08 0.68 1.08 1.19 1.05 1.76 0.77 2.35 1.23 0.58 1.51 0.54 1.13 1.81 1.31 0.47 1.40 0.72 0.52 Comments including including including including including including including Table 2: 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 2. 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 26 April 2022 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. 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 26 April 2022 APPENDIX 1 – DRILL SECTIONS Ternera Drill Section - 140m looking northwest. Ternera Drill Section - 40m 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 26 April 2022 Ternera Drill Section 100m looking northwest. 7 +61 8 9322 1587 | info@tesororesources.com.au | Suite 5, 62 Ord Street, West Perth WA 6005 | www.tesororesources.com.au ASX Announcement 26 April 2022 APPENDIX 2 – 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 8 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 26 April 2022 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 9 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 26 April 2022 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 10 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 26 April 2022 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 11 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 ZDDH0066 ZDDH0066 ZDDH0066 ZDDH0066 ZDDH0066 ZDDH0067 From (m)