- Tesoro Resources (TSO) says its latest assay results have returned multiple, high-grade intercepts following drilling at the El Zorro Gold Project in Chile
- Assays for 22 diamond drill holes completed as part of an extensional and infill drilling program at El Zorro were received, hitting up to 5.2 grams per tonne of gold
- The company also noted first pass results from Drone Hill and Toro Blanco highlighted the potential to host additional gold resources outside the main Ternera Gold Deposit
- Tesoro says additional work is being planned to further test Toro Blanco and Drone Hill, while it awaits results from the remaining 36 holes
- Tesoro Resources last traded on January 11 at 7.5 cents
Tesoro Resources (TSO) said its latest assay results have returned multiple, high-grade intercepts following drilling at the El Zorro Gold Project in Chile.
Tesoro received assays for 22 diamond drill holes completed as part of an extensional and infill drilling program at El Zorro.
Results came from twelve holes drilled at the Ternera Gold Deposit, six holes at Drone Hill, three holes at Ternera East, and one at Toro Blanco.
Assays included 17.1 metres at 5.1 grams per tonne (g/t) gold from 243.9 metres and 4.74 metres at 5.24 g/t gold from 267.26 metres.
The company reported the results showed further areas for potential mineral resource growth.
The company also commented that first pass results from Drone Hill and Toro Blanco highlighted the potential to host additional gold resources outside the main Ternera Gold Deposit.
“Considering this is the first time these areas have been drilled, it bodes well for further exploration success,” said Tesoro Managing Director, Zeff Reeves.
The company drilled a total of 281 holes for 92,074 metres at El Zorro, with results from 36 holes still pending.
Tesoro said it will now turn its attention to expanding the 660-thousand-ounce Ternera Gold mineral resource, with additional work being planned to further test Toro Blanco and Drone Hill.
Tesoro Resources last traded on January 11 at 7.5 cents.